Calumet Specialty Products Partners Q2 Earnings Are a Testament to Its CEO's Turnaround Plan
Perhaps I'm biased because I spend most of my working time looking at oil and gas companies, but Calumet Specialty Products Partners (NASDAQ: CLMT) CEO Timothy Go has to be in the running for chief executive of the year after this most recent earnings report. This is a company that looked like it was on the brink of financial failure, and in just 18 months, Go has turned it around into a well-run, profitable business.
Let's examine Calumet's second-quarter earnings report to see what Go has done to turn this ship around.
Source: Fool.com
Calumet Speciality Products Stock
We see a rather positive sentiment for Calumet Speciality Products with 6 Buy predictions and 1 Sell predictions.
Based on the current price of 1.94 € the target price of 20 € shows a potential of 930.93% for Calumet Speciality Products which would more than double the current price.