CLMT vs. SD
CLMT (Calumet Specialty Products Partners, L.P.) and SD (SandRidge Energy, Inc.) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past year, CLMT returned 184.91% vs 45.96% for SD. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
CLMT vs. SD - Performance Comparison
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Returns By Period
In the year-to-date period, CLMT achieves a 122.40% return, which is significantly higher than SD's -0.78% return.
CLMT
- 1D
- 1.01%
- 1M
- 21.33%
- 6M
- 97.19%
- YTD
- 122.40%
- 1Y
- 184.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 58.51%
SD
- 1D
- 2.58%
- 1M
- 5.14%
- 6M
- -9.67%
- YTD
- -0.78%
- 1Y
- 45.96%
- 3Y*
- 0.83%
- 5Y*
- 27.07%
- 10Y*
- —
- ALL TIME*
- -2.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $42.38M | $45.42M | $36.57M | |
| $3.52M | $3.68M | $4.81M |
CLMT vs. SD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CLMT Calumet Specialty Products Partners, L.P. | 122.40% | -9.76% | 28.32% |
SD SandRidge Energy, Inc. | -0.78% | 28.18% | -6.51% |
Correlation
The correlation between CLMT and SD is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2024 | 0.24 |
Fundamentals
CLMT:
$3.85B
SD:
$513.90M
CLMT:
-$2.17
SD:
$2.05
CLMT:
0.92
SD:
3.14
CLMT:
$4.17B
SD:
$163.53M
CLMT:
$239.60M
SD:
$48.88M
CLMT:
$67.00M
SD:
$91.86M
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Return for Risk
CLMT vs. SD — Risk / Return Rank
CLMT
SD
CLMT vs. SD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Calumet Specialty Products Partners, L.P. (CLMT) and SandRidge Energy, Inc. (SD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CLMT | SD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.14 | ||
| Sortino ratioReturn per unit of downside risk | +2.70 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.19 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 11.88 | 1.60 | +10.28 |
| Martin ratioReturn relative to average drawdown | 31.08 | 3.64 | +27.44 |
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Drawdowns
CLMT vs. SD - Drawdown Comparison
The maximum CLMT drawdown since its inception was -61.87%, smaller than the maximum SD drawdown of -97.03%. Use the drawdown chart below to compare losses from any high point for CLMT and SD.
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Drawdown Indicators
| CLMT | SD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.87% | -97.03% | +35.16% |
Max Drawdown (1Y)Largest decline over 1 year | -15.01% | -25.37% | +10.36% |
Max Drawdown (3Y)Largest decline over 3 years | — | -37.87% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.05% | — |
Current DrawdownCurrent decline from peak | 0.00% | -30.13% | +30.13% |
Average DrawdownAverage peak-to-trough decline | -19.37% | -50.62% | +31.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.94% | 11.16% | -5.22% |
Volatility
CLMT vs. SD - Volatility Comparison
Calumet Specialty Products Partners, L.P. (CLMT) and SandRidge Energy, Inc. (SD) have volatilities of 8.45% and 8.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLMT | SD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.45% | 8.18% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 32.14% | 26.25% | +5.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.95% | 36.49% | +5.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.82% | 47.87% | +11.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.82% | 66.03% | -6.21% |
Dividends
CLMT vs. SD - Dividend Comparison
CLMT has not paid dividends to shareholders, while SD's dividend yield for the trailing twelve months is around 4.96%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CLMT Calumet Specialty Products Partners, L.P. | 0.00% | 0.00% | 0.00% | 0.00% |
SD SandRidge Energy, Inc. | 4.96% | 3.19% | 17.51% | 16.09% |
Financials
CLMT vs. SD - Financials Comparison
This section allows you to compare key financial metrics between Calumet Specialty Products Partners, L.P. and SandRidge Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CLMT vs. SD - Profitability Comparison
CLMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Calumet Specialty Products Partners, L.P. reported a gross profit of -87.50M and revenue of 1.03B. Therefore, the gross margin over that period was -8.5%.
SD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, SandRidge Energy, Inc. reported a gross profit of 0.00 and revenue of 49.78M. Therefore, the gross margin over that period was 0.0%.
CLMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Calumet Specialty Products Partners, L.P. reported an operating income of -165.80M and revenue of 1.03B, resulting in an operating margin of -16.1%.
SD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, SandRidge Energy, Inc. reported an operating income of 17.86M and revenue of 49.78M, resulting in an operating margin of 35.9%.
CLMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Calumet Specialty Products Partners, L.P. reported a net income of -317.00M and revenue of 1.03B, resulting in a net margin of -30.8%.
SD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, SandRidge Energy, Inc. reported a net income of 18.67M and revenue of 49.78M, resulting in a net margin of 37.5%.
Frequently Asked Questions
CLMT and SD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLMT has higher volatility (8.45%) compared to SD (8.18%). In terms of maximum drawdown, CLMT dropped -61.87% vs SD's -97.03%.
CLMT currently has the higher Sharpe Ratio (4.25 vs 1.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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