|Bid||3.6000 x 800|
|Ask||4.9500 x 800|
|Day's Range||3.7886 - 4.0800|
|52 Week Range||1.9900 - 7.1000|
|Beta (3Y Monthly)||1.67|
|PE Ratio (TTM)||268.67|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service (Moody's) upgraded the ratings of Calumet Specialty Products Partners, L.P. (Calumet), including the Corporate Family Rating (CFR) to B3 from Caa1, Probability of Default Rating to B3-PD from Caa1-PD and the ratings on the existing senior unsecured notes to Caa1 from Caa2. The Speculative Grade Liquidity Rating was affirmed at SGL-2.
Being one of the largest motor fuel distributors in the wholesale market in terms of volume, Sunoco (SUN) is likely to maintain share price momentum on the back of multiple tailwinds.
In the latest trading session, Calumet Specialty Products Partners, L.P. (CLMT) closed at $4.18, marking a +0.48% move from the previous day.
Enterprise Products (EPD) announces that net proceeds from notes offerings will be employed for capital investments to support organic growth.
With expansion of operations in the Middle East, Chevron Phillips Chemical, formed by Chevron (CVX) and Phillips 66 (PSX), will capitalize on the mounting need for petrochemical products.
Lower investments in oil exploration and production operations hamper demand for oilfield services of Schlumberger (SLB) since the firm helps drillers efficiently drill oil wells.
As of late, it has definitely been a great time to be an investor in Calumet Specialty Products Partners, L.P. (CLMT).
A specialty petroleum products supplier, a propane distributor, and development-stage gold and copper miner have struggled mightily recently.
Oil is on track to log in its biggest weekly gains in more than two years. Many energy ETFs and stocks have generated handsome returns so far this year.
Investors need to pay close attention to Calumet Specialty (CLMT) stock based on the movements in the options market lately.
Petroleum product manufacturer Calumet Specialty Products has struggled to escape operational and financial holes for years, but says it has completed one round of improvements and sees more ahead.