7-Jan-2025
Oil opens new year with strong gains on optimism over economic rebound in China
Seeking Alpha News (Fri, 3-Jan 7:00 PM ET)
Calumet to Participate in January 2025 Investor Conferences
PRNewswire (Mon, 23-Dec 4:15 PM ET)
Montana Renewables Receives Approval of Excise Tax Registration
PRNewswire (Thu, 12-Dec 1:42 PM ET)
PRNewswire (Mon, 25-Nov 4:30 PM ET)
PRNewswire (Fri, 22-Nov 7:45 AM ET)
Calumet to Participate in December 2024 Investor Conferences
PRNewswire (Tue, 19-Nov 4:15 PM ET)
Calumet Reports Third Quarter 2024 Results
PRNewswire (Fri, 8-Nov 7:00 AM ET)
PRNewswire (Wed, 6-Nov 7:30 AM ET)
Calumet to Attend Goldman Sachs Carbonomics Conference
PRNewswire (Tue, 29-Oct 8:56 AM ET)
Calumet, Inc. to Release Third Quarter 2024 Earnings on November 8, 2024
PRNewswire (Fri, 25-Oct 8:14 AM ET)
Calumet Inc is a producer of specialty products, including base oils, specialty oils, solvents, esters, and waxes, as well as a variety of fuel and fuel-related products, including asphalt and heavy fuel oils. The company manufactures, formulates, and markets a variety of specialty branded products to customers in various consumer-facing and industrial markets.
Calumet trades on the NASDAQ stock market under the symbol CLMT.
As of January 7, 2025, CLMT stock price declined to $21.31 with 599,847 million shares trading.
CLMT has a beta of 1.36, meaning it tends to be more sensitive to market movements. CLMT has a correlation of 0.12 to the broad based SPY ETF.
CLMT has a market cap of $1.83 billion. This is considered a Small Cap stock.
Last quarter Calumet reported $1 billion in Revenue and -$1.18 earnings per share. This beat revenue expectation by $120 million and missed earnings estimates by -$.84.
In the last 3 years, CLMT traded as high as $25.29 and as low as $8.40.
The top ETF exchange traded funds that CLMT belongs to (by Net Assets): VTI, VXF, XOP, SCHA, FYX.
CLMT has underperformed the market in the last year with a return of +22.4%, while SPY returned +27.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CLMT shares. However, CLMT has outperformed the market in the last 3 month and 2 week periods, returning +4.1% and +3.3%, while SPY returned +4.0% and -2.1%, respectively. This indicates CLMT has been having a stronger performance recently.
CLMT support price is $21.55 and resistance is $23.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CLMT shares will trade within this expected range on the day.