Calumet Specialty Products Partners, L.p. (CLMT) Files Form 4 Insider Buying : Timothy Go Buys 25,000 Shares

Calumet Specialty Products Partners, L.p. (CLMT): Timothy Go , CEO of Calumet Specialty Products Partners, L.p. purchased 25,000 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.82 per share for a total value of $95,500.00 , 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 11, 2016, A Anderson William (EVP – Sales) purchased 13,000 shares at $4.07 per share price.On May 11, 2016, Bruce A Fleming (EVP – Strategy & Growth) purchased 50,000 shares at $4.07 per share price.Also, On May 11, 2016, Richard Patrick Ii Murray (CFO) purchased 5,000 shares at $4.01 per share price.On May 27, 2015, William H Hatch (CEO) purchased 10,000 shares at $26.75 per share price.

Shares of Calumet Specialty Products Partners L.P (CLMT) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.12 points or -3.16% at $3.68 with 11,09,354 shares getting traded. Post opening the session at $3.79, the shares hit an intraday low of $3.57 and an intraday high of $3.88 and the price vacillated in this range throughout the day. The company has a market cap of $280 M and the number of outstanding shares has been calculated to be 7,60,63,679 shares. The 52-week high of Calumet Specialty Products Partners L.P is $28.33 and the 52-week low is $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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