Calumet Specialty Products Partners, L.P. (CLMT, Financial) experienced a significant stock price increase of 5.30%, reaching $22.95 per share. The trading volume was 423,793 shares, with a turnover rate of 0.49% and a price fluctuation of 5.74%.
Recent financial reports show Calumet generated a revenue of $1.1 billion, with a net loss of $101 million, translating to an earnings per share (EPS) of -$1.18. The company's gross profit stood at $4.9 million, and it has a price-to-earnings (P/E) ratio of -8.09. Among the six institutions that rated the stock, 67% recommended buying, while 33% suggested holding, with no sell recommendations.
Within the oil and gas exploration and production sector, where Calumet operates, the overall industry saw a 1.83% increase. Notable stock movements in the sector included Aleanna Inc C/Wts 13/12/2029 (To Pur Com) and Aleanna, Inc., which experienced significant gains. Trio Petroleum Corp., Consol Energy, and Indonesia Energy Corporation Limited were active, with turnover rates of 15.64%, 6.05%, and 4.44% respectively. Stocks with large price swings included Aleanna Inc C/Wts 13/12/2029 (To Pur Com) and New Era Helium Inc C/Wts 10/12/2026 (To Pur Com), with fluctuations of 38.37% and 26.67% respectively.
Calumet specializes in producing and selling a variety of specialty products, including base oils, specialty oils, solvents, esters, waxes, asphalt, and heavy fuel oils, to consumer and industrial markets.
