Insider Trading Alert: Calumet Specialty Products Partners, L.P. $CLMT

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Calumet Specialty Products Partners, L.P. (CLMT) insider have most recently took part in a trading activity. On Jun 29, 2017 Griffin David West, EVP and CFO bought 4,600 shares having total worth of $19,090 at the price of $4.15 per share, following the transaction a total of 10,600 shares owned by Griffin David West. Before this latest buy, Griffin David West purchased CLMT at 1 other times during the past twelve months, for a total investment of $24,480 at an average of $4.08 per share.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 15 times by insiders. an employee of the company was the buyer in 15 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 1 0 7.69%
12 Month 15 0 -73.09%

Calumet Specialty Products Partners, L.P. (CLMT) last announced its earnings results on May 4, 2017. The company reported -0.07 earnings per share (EPS) for the quarter, higher than the consensus estimate of -0.62 by $0.55. The company had revenue of $937 million for the quarter, compared to the consensus estimate of $871 million. During the same quarter in the previous year, the company posted -0.87 earnings per share. The company’s revenue for the quarter was up 31% on a year-over-year basis.

2017-05-04 2017-02-24 2016-11-03 2016-08-04 2016-05-05 2016-02-17 2015-11-04 2015-08-05 2015-05-06 2015-02-27
earnings per share -0.07 -0.98 -0.42 0.02 -0.87 -0.74 0.86 0.35 0.74 0.86
Revenue(M) 937.4 946.9 966.6 972.9 713 898 1140 1156 1018 1339

Calumet Specialty Products Partners LP is a producer of hydrocarbon products in North America. The Company owns plants located in Princeton, Louisiana; Cotton Valley, Louisiana; Shreveport, Louisiana; Karns City, Pennsylvania and Dickinson, Texas and a terminal located in Burnham, Illinois. The Company’s business is organized into two segments namely specialty products and fuel products. In specialty products segment, the company process crude oil and other feedstocks into a variety of customized lubricating oils, white mineral oils, solvents, petrolatums and waxes. The Company’s specialty products are sold to domestic and international customers who purchase them mainly as raw material components for basic industrial, consumer and automotive goods. In fuel products segment, the company process crude oil into a variety of fuel and fuel-related products including gasoline, diesel and jet fuel. In connection with production of specialty products and fuel products, the company also produces asphalt and a limited number of other by-products which are allocated to either the specialty products or fuel products segment. The asphalt and other by-products produced in connection with the production of specialty products at its Princeton, Cotton Valley and Shreveport refineries are included in its specialty products segment. The by-products produced in connection with the production of fuel products at Shreveport refinery are included in fuel products segment. The fuel products produced in connection with the production of specialty products at Princeton and Cotton Valley refineries and Karns City facility are included in specialty products segment. The Company also uses leased railcars to receive crude oil or distribute its products throughout the U.S. and Canada.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.