KRNGY vs. CLMT
KRNGY (Karoon Energy Ltd) and CLMT (Calumet Specialty Products Partners, L.P.) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past year, KRNGY returned 0.53% vs 107.13% for CLMT. At a correlation of -0.01, they often move in opposite directions.
Performance
KRNGY vs. CLMT - Performance Comparison
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Returns By Period
In the year-to-date period, KRNGY achieves a 7.41% return, which is significantly lower than CLMT's 65.22% return.
KRNGY
- 1D
- 0.00%
- 1M
- -30.85%
- YTD
- 7.41%
- 6M
- -1.85%
- 1Y
- 0.53%
- 3Y*
- -8.76%
- 5Y*
- 7.65%
- 10Y*
- —
CLMT
- 1D
- -1.26%
- 1M
- -4.06%
- YTD
- 65.22%
- 6M
- 64.15%
- 1Y
- 107.13%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KRNGY vs. CLMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KRNGY Karoon Energy Ltd | 7.41% | 12.94% | -22.51% |
CLMT Calumet Specialty Products Partners, L.P. | 65.22% | -9.76% | 28.32% |
Correlation
The correlation between KRNGY and CLMT is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2024 | -0.01 |
Fundamentals
KRNGY:
$693.41M
CLMT:
$2.86B
KRNGY:
$1.04
CLMT:
-$2.17
KRNGY:
0.33
CLMT:
0.68
KRNGY:
$2.16B
CLMT:
$4.17B
KRNGY:
$932.41M
CLMT:
$239.60M
KRNGY:
$1.28B
CLMT:
$67.00M
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Return for Risk
KRNGY vs. CLMT — Risk / Return Rank
KRNGY
CLMT
KRNGY vs. CLMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Karoon Energy Ltd (KRNGY) and Calumet Specialty Products Partners, L.P. (CLMT). 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.
| KRNGY | CLMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.55 | ||
| Sortino ratioReturn per unit of downside risk | -2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.40 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.01 | 4.72 | -4.71 |
| Martin ratioReturn relative to average drawdown | 0.02 | 15.96 | -15.94 |
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Drawdowns
KRNGY vs. CLMT - Drawdown Comparison
The maximum KRNGY drawdown since its inception was -62.94%, roughly equal to the maximum CLMT drawdown of -61.87%. Use the drawdown chart below to compare losses from any high point for KRNGY and CLMT.
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Drawdown Indicators
| KRNGY | CLMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.94% | -61.87% | -1.07% |
Max Drawdown (1Y)Largest decline over 1 year | -38.47% | -22.81% | -15.66% |
Max Drawdown (3Y)Largest decline over 3 years | -62.94% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -62.94% | — | — |
Current DrawdownCurrent decline from peak | -48.12% | -12.24% | -35.88% |
Average DrawdownAverage peak-to-trough decline | -23.91% | -20.30% | -3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.53% | 6.74% | +18.79% |
Volatility
KRNGY vs. CLMT - Volatility Comparison
Karoon Energy Ltd (KRNGY) has a higher volatility of 41.12% compared to Calumet Specialty Products Partners, L.P. (CLMT) at 11.77%. This indicates that KRNGY's price experiences larger fluctuations and is considered to be riskier than CLMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KRNGY | CLMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 41.12% | 11.77% | +29.35% |
Volatility (6M)Calculated over the trailing 6-month period | 55.12% | 31.64% | +23.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.37% | 42.36% | +42.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.29% | 61.00% | +34.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.39% | 61.00% | +26.39% |
Dividends
KRNGY vs. CLMT - Dividend Comparison
KRNGY's dividend yield for the trailing twelve months is around 3.94%, while CLMT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CLMT Calumet Specialty Products Partners, L.P. | 0.00% | 0.00% | 0.00% |
KRNGY Karoon Energy Ltd | 3.94% | 5.22% | 3.63% |
Financials
KRNGY vs. CLMT - Financials Comparison
This section allows you to compare key financial metrics between Karoon Energy Ltd and Calumet Specialty Products Partners, L.P.. 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
KRNGY vs. CLMT - Profitability Comparison
KRNGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Karoon Energy Ltd reported a gross profit of 178.58M and revenue of 480.67M. Therefore, the gross margin over that period was 37.2%.
CLMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
KRNGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Karoon Energy Ltd reported an operating income of 148.12M and revenue of 480.67M, resulting in an operating margin of 30.8%.
CLMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
KRNGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Karoon Energy Ltd reported a net income of 81.79M and revenue of 480.67M, resulting in a net margin of 17.0%.
CLMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
Frequently Asked Questions
KRNGY and CLMT have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KRNGY has higher volatility (41.12%) compared to CLMT (11.77%). In terms of maximum drawdown, KRNGY dropped -62.94% vs CLMT's -61.87%.
CLMT currently has the higher Sharpe Ratio (2.55 vs 0.01), 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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