Calumet, Inc. (CLMT)
| Market Cap | 4.20B +199.0% |
| Revenue (ttm) | 4.59B +12.8% |
| Net Income | -136.80M |
| EPS | -1.57 |
| Shares Out | 87.90M |
| PE Ratio | n/a |
| Forward PE | 15.78 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,259,457 |
| Open | 46.26 |
| Previous Close | 45.77 |
| Day's Range | 46.26 - 48.38 |
| 52-Week Range | 16.00 - 51.50 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 47.40 (-0.73%) |
| Earnings Date | Aug 7, 2026 |
About CLMT
Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally. It operates through Specialty Products and Solutions; Performance Brands; and Montana/Renewables segments. The Specialty Products and Solutions segment manufactures and markets various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The Montana/Renewables segment processes geographically advantaged renewable feedstocks into renewable diesel, a... [Read more]
Financial Performance
In 2025, Calumet's revenue was $4.14 billion, a decrease of -1.25% compared to the previous year's $4.19 billion. Losses were -$33.80 million, -84.77% less than in 2024.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for CLMT stock is "Buy." The 12-month stock price target is $47.4, which is a decrease of -0.73% from the latest price.
News
Calumet price target raised to $47 from $26 at UBS
UBS raised the firm’s price target on Calumet (CLMT) to $47 from $26 and keeps a Neutral rating on the shares.
Calumet to Attend Barclays Annual Energy-Power Conference
INDIANAPOLIS, Aug. 25, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend the Barclays 40th Annual Energy-Power Conference on Thursday, September 10 ...
Calumet price target raised to $45 from $40 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Calumet (CLMT) to $45 from $40 and keeps a Neutral rating on the shares.
Calumet price target raised to $40 from $34 at TD Cowen
TD Cowen analyst Jason Gabelman raised the firm’s price target on Calumet (CLMT) to $40 from $34 and keeps a Hold rating on the shares. The firm said strong biofuels…
Calumet price target raised to $45 from $38 at BofA
BofA raised the firm’s price target on Calumet (CLMT) to $45 from $38 and keeps a Buy rating on the shares, citing accelerated deleveraging via higher free cash flow. Published…
Calumet Earnings Call Transcript: Q2 2026
Q2 2026 saw $175M adjusted EBITDA, record specialty production, and strong cash flow, driving leverage below 4x and setting up for further debt reduction. Montana Renewables is ramping SAF output with capital-efficient expansion, while specialties and refining segments benefit from tight markets and high margins.
Calumet Slides: Q2 2026
Calumet has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 7, 2026.
Calumet Earnings release: Q2 2026
Calumet released its Q2 2026 earnings on August 7, 2026, summarizing the period's financial results.
Calumet Quarterly report: Q2 2026
Calumet has published its Q2 2026 quarterly earnings report on August 7, 2026.
Calumet reports Q2 EPS ($1.09) vs. ($1.70) last year
Reports Q2 revenue $1.45B vs. $1.03B last year. “Calumet (CLMT) continues to execute against every element of our multi-dimensional strategy,” said Todd Borgmann, CEO. “Our integrated specialties plat...
Calumet Reports Second Quarter 2026 Results
Second Quarter 2026 net loss of $(95.9) million, or basic earnings per common share of $(1.09), driven by non-cash RINs and other mark-to-market items Second Quarter 2026 Adjusted EBITDA with Tax Attr...
MONTANA RENEWABLES CELEBRATES MINNESOTA SAF HUB
ST. PAUL, Minn., Aug. 4, 2026 /PRNewswire/ -- Montana Renewables, LLC (MRL) joined the Minnesota SAF Hub in celebration of new supply to Minneapolis-St. Paul International Airport (MSP).
Calumet price target raised to $40 from $36 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Calumet (CLMT) to $40 from $36 and keeps a Neutral rating on the shares.
Calumet, Inc. to Release Second Quarter 2026 Earnings on August 7, 2026
INDIANAPOLIS, July 23, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to report results for the Second Quarter 2026 on...
Montana Renewables collaborates with Gulfstream Aerospace
Montana Renewables, an unrestricted subsidiary of Calumet (CLMT), collaborated with Gulfstream Aerospace Corp. and its partners as the exclusive fuel supplier for recent low emissions testing on the G...
Montana Renewables Collaborates with Gulfstream for Low Emissions Testing
GREAT FALLS, Mont., July 8, 2026 /PRNewswire/ -- Montana Renewables, LLC (MRL) is proud to have collaborated with Gulfstream Aerospace Corp. and its partners as the exclusive fuel supplier for recent ...
Calumet Issues Redemption Notice for $100 Million of 9.75% Senior Notes due 2028
INDIANAPOLIS, July 8, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") today announced that its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the ...
Calumet price target raised to $34 from $25 at TD Cowen
TD Cowen raised the firm’s price target on Calumet (CLMT) to $34 from $25 and keeps a Hold rating on the shares. The firm says base oil margins have hit…
Calumet to Attend Wells Fargo Industrials & Materials Conference
INDIANAPOLIS, June 2, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend the Wells Fargo Industrials & Materials Conference on Tuesday June 9 and wil...
Calumet Transcript: AGM 2026
The meeting covered board changes, strong financial performance, and strategic growth plans. All shareholder proposals passed, including director elections and auditor ratification. Focus remains on de-leveraging, operational excellence, and expanding renewables.
Calumet to Attend Bank of America Energy and Power Credit Conference
INDIANAPOLIS, May 28, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend the Bank of America Energy and Power Credit Conference on Thursday, June 4 a...
Calumet to Attend Goldman Sachs Leverage Finance Conference
INDIANAPOLIS, May 21, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend the Goldman Sachs Leverage Finance Conference on Thursday, May 28 and will h...
Calumet Earnings Call Transcript: Q1 2026
Q1 2026 saw strong market conditions and strategic progress, including the MaxSAF 150 expansion and robust specialty and renewables performance. Operational setbacks limited full margin capture, but price increases and hedging position the company for a strong Q2 and accelerated deleveraging.
Calumet Slides: Q1 2026
Calumet has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 8, 2026.
Calumet Earnings release: Q1 2026
Calumet released its Q1 2026 earnings on May 8, 2026, summarizing the period's financial results.