Calumet Specialty Products Partners, L.p. (CLMT) Files Form 4 Insider Buying : James S Carter Buys 26,700 Shares

Calumet Specialty Products Partners, L.p. (CLMT): James S Carter , director of Calumet Specialty Products Partners, L.p. purchased 26,700 shares on May 17, 2016. The Insider buying transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.72 per share for a total value of $99,447.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, Timothy Go (CEO) purchased 25,000 shares at $3.82 per share price.On May 11, 2016, A Anderson William (EVP – Sales) purchased 13,000 shares at $4.07 per share price.Also, On May 11, 2016, Bruce A Fleming (EVP – Strategy & Growth) purchased 50,000 shares at $4.07 per share price.On May 11, 2016, Richard Patrick Ii Murray (CFO) purchased 5,000 shares at $4.01 per share price.

Calumet Specialty Products Partners L.P: On Thursday, May 19, 2016 heightened volatility was witnessed in Calumet Specialty Products Partners L.P which led to swings in the share price. The shares opened for trading at $3.64 and hit $3.6999 on the upside , eventually ending the session at $3.64, with a gain of 0.83% or 0.03 points. The heightened volatility saw the trading volume jump to 10,17,305 shares. The 52-week high of the share price is $28.33 and the company has a market cap of $276,873 M . The 52-week low of the share price is at $3.55.

Calumet Specialty Products Partners L.P Money Flow Index Chart

Company has been under the radar of several Street Analysts.Calumet Specialty Products Partners L.P is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 5 from a previous price target of $7 . The Rating was issued on May 6, 2016.Calumet Specialty Products Partners L.P is Upgraded by DA Davidson to Neutral and the brokerage firm has set the Price Target at $5. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on May 5, 2016.Calumet Specialty Products Partners L.P is Reiterated by Cowen to Market Perform while Lowering the Price Target of the company shares to $ 5 from a previous price target of $10 . The Rating was issued on May 5, 2016.Calumet Specialty Products Partners L.P is Downgraded by Ladenburg Thalmann to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 22, 2016.Calumet Specialty Products Partners L.P is Downgraded by DA Davidson to Underperform and the brokerage firm has set the Price Target at $5. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 19, 2016.

Calumet Specialty Products Partners L.P. (Calumet) is a producer of specialty hydrocarbon products in North America. The Company’s segments include specialty products fuel products and oilfield services. In its specialty products segment it processes crude oil and other feedstocks into a range of customized lubricating oils white mineral oils solvents petrolatums and waxes. It also blends and market specialty products through Royal Purple Bel-Ray TruFuel and Quantum brands. In its fuel products segment it processes crude oil into a range of fuel and fuel-related products including gasoline diesel jet fuel asphalt and heavy fuel oils as well as reselling purchased crude oil to third party customers. Its oilfield services segment manufactures and markets products and provides oilfield services including drilling fluids completion fluids production chemicals and solids control services to the oil and gas exploration industry throughout the United States.

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