Calumet Specialty Products Partners, L.P (Nasdaq:CLMT) Dips To New 52 Week Low

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Shipwreck freeimages.com/Roger Buser

Calumet Specialty Products Partners, L.P (Nasdaq:CLMT)

December 6th, 2018
Calumet Specialty Products Partners, L.P finished Thursday’s trading session down 2.92%, a $0.09 decrease to close on $2.99. As well as the drop in value, Calumet Specialty Products Partners, L.P hit a new 52 week low of $2.87, breaking the previous low of $2.94 from earlier this July. The next earnings report is expected in approximately 20 days.

CLMT was outperformed by the rest of the Energy sector which went down only 1.77%.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 13%.

Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials saw turn arounds from their five day positive performance, Energy with a drop of 1.77%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Calumet Lubricants is based in Indianapolis. Calumet Lubricants was founded in 1916.

Calumet Specialty Products Partners, L.P Info

Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America and internationally. It operates in two segments, Specialty Products and Fuel Products. The Specialty Products segment offers various lubricating oils, white mineral oils, solvents, petrolatums, waxes, synthetic lubricants, and other products which are used primarily as raw material components for basic automotive, industrial, and consumer goods. The Fuel Products segment provides fuel and fuel-related products, including gasoline, diesel, jet fuel, asphalt, and heavy fuel oils, as well as resells purchased crude oil to third party customers. Calumet GP, LLC serves as the general partner for Calumet Specialty Products Partners, L.P. The company was founded in 1916 and is headquartered in Indianapolis, Indiana.

All amounts in USD unless otherwise indicated
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