Media stories about Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) have been trending somewhat positive on Sunday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Calumet Specialty Products Partners, L.P. earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 45.7466587264377 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

CLMT has been the topic of a number of recent analyst reports. BidaskClub downgraded shares of Calumet Specialty Products Partners, L.P. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Zacks Investment Research raised shares of Calumet Specialty Products Partners, L.P. from a “hold” rating to a “strong-buy” rating and set a $4.75 price target on the stock in a research note on Tuesday, July 11th. Cowen and Company reissued a “hold” rating and issued a $5.00 target price on shares of Calumet Specialty Products Partners, L.P. in a research note on Friday, July 14th. Janney Montgomery Scott raised shares of Calumet Specialty Products Partners, L.P. from a “neutral” rating to a “buy” rating and raised their target price for the company from $6.00 to $8.50 in a research note on Monday, August 14th. Finally, ValuEngine raised shares of Calumet Specialty Products Partners, L.P. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $6.00.

Calumet Specialty Products Partners, L.P. (NASDAQ CLMT) opened at 8.35 on Friday. Calumet Specialty Products Partners, L.P. has a one year low of $8.05 and a one year high of $8.50.

Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) last released its earnings results on Friday, August 4th. The oil and gas company reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.46) by $0.58. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $841.00 million. Calumet Specialty Products Partners, L.P. had a negative net margin of 2.81% and a negative return on equity of 48.17%. On average, equities research analysts expect that Calumet Specialty Products Partners, L.P. will post $0.05 EPS for the current year.

In other Calumet Specialty Products Partners, L.P. news, CFO David West Griffin acquired 6,100 shares of the company’s stock in a transaction dated Friday, July 28th. The stock was bought at an average price of $5.24 per share, for a total transaction of $31,964.00. Following the purchase, the chief financial officer now owns 43,152 shares in the company, valued at approximately $226,116.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last quarter, insiders have purchased 61,405 shares of company stock valued at $286,534. Corporate insiders own 4.75% of the company’s stock.

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Calumet Specialty Products Partners, L.P. Company Profile

Calumet Specialty Products Partners, L.P. is a producer of specialty hydrocarbon products in North America. The Company operates through three segments: specialty products, fuel products and oilfield services. In its specialty products segment, the Company processes crude oil and other feedstocks into a range of customized lubricating oils, white mineral oils, solvents, petrolatums and waxes.

Insider Buying and Selling by Quarter for Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT)

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