Calumet, Inc. is engaged in manufacturing, formulating, and marketing a diversified slate of specialty branded products to customers in various consumer-facing and industrial markets. Co.'s division includes Specialty Products and Solutions, Performance Brands and Montana Renewables. The Specialty Products and Solutions division manufactures specialty oils, base oils, solvents, waxes, and esters. Its specialty oils brands include DRAKEOL, HYPERTECH, PAROL, PENPURE, Penreco, and petrolatums. Its base oils brands include CALICE, CALPAR, CALPRO, CALSOL, CALTAC, CALTRAN, CALVIS, and DFO. Its solvents include CALSIA, CALTANE, CALPRINT, CONOSOL, DRAKESOL, and MAGIESOL. We show 62 historical shares outstanding datapoints in our CLMT shares outstanding history coverage, used to compute CLMT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CLMT market cap history over the course of time is important for investors
interested in comparing CLMT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CLMT versus a peer is one thing; comparing
CLMT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CLMT can fluctuate over the course of history.
With this page we aim to empower investors researching CLMT by allowing them to research the CLMT market cap history. |
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Video: The Importance of Market Cap
