Calumet, Inc. (CLMT)
| Market Cap | 1.58B |
| Revenue (ttm) | 4.22B |
| Net Income (ttm) | -230.30M |
| Shares Out | 85.90M |
| EPS (ttm) | -2.82 |
| PE Ratio | n/a |
| Forward PE | 40.00 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,843,613 |
| Open | 18.08 |
| Previous Close | 18.16 |
| Day's Range | 17.09 - 18.53 |
| 52-Week Range | 9.97 - 25.29 |
| Beta | 1.90 |
| Analysts | Strong Buy |
| Price Target | 25.75 (+39.95%) |
| Earnings Date | Feb 21, 2025 |
About CLMT
Calumet, Inc. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to various consumer-facing and industrial markets in North America and internationally. It operates through Specialty Products and Solutions; Montana/Renewables; and Performance brands segments. The Specialty Products and Solutions segment offers various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The Montana/Renewables segment focuses on processing renewable feeds... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for CLMT stock is "Strong Buy." The 12-month stock price forecast is $25.75, which is an increase of 39.95% from the latest price.
News
The Real Calumet Financial Vision Just Stood Up
Calumet Specialty Products has transformed from difficult times to a valuable long-term investment, driven by superb execution, patience, and strategic asset management. Management announced a special...
Calumet Provides Update on Recent Financing Activity
INDIANAPOLIS , Jan. 15, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") provided an update on its recent financing activity, including the pricing by ...
Calumet Announces Pricing of $100 Million Private Placement of 9.75% Senior Notes due 2028
INDIANAPOLIS , Jan. 14, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") today announced that its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (th...
Calumet Announces $100 Million Private Placement of 9.75% Senior Notes due 2028
INDIANAPOLIS , Jan. 14, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") today announced that, subject to market conditions, its wholly owned subsidiaries, Calumet Specia...
Calumet Announces $65 Million At-the-Market Equity Offering Program
INDIANAPOLIS , Jan. 14, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") today announced that the Company has filed a prospectus supplement with the U.S. Securities and E...
Calumet Provides Preliminary Fourth Quarter 2024 Selected Financial Results
INDIANAPOLIS , Jan. 14, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") announced today preliminary selected financial results for the fourth quarter ...
Calumet, Inc. (CLMT) Analyst Update Call (Transcript)
Calumet, Inc. (NASDAQ:CLMT) Analyst Update Call January 13, 2025 9:00 AM ET Company Participants John Kompa - Director, IR Todd Borgmann - Chief Executive Officer Bruce Fleming - EVP, Montana Renewab...
Update On Calumet, My Largest Investment
Update On Calumet, My Largest Investment
Calumet, Inc. to Hold Analysts Update Call on January 13, 2025
INDIANAPOLIS , Jan. 10, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to hold an analysts call on January 13, 2025, a...
Montana Renewables Announces Closing of $1.44 Billion DOE Loan Facility for Renewable Fuels and Biomass Energy Facility
Initial loan proceeds of $782 million expected to be funded this month and balance of proceeds funded through planned construction period DOE loan guarantee facilitates expansion of Sustainable Aviati...
Calumet to Participate in January 2025 Investor Conferences
INDIANAPOLIS , Dec. 23, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend two investor conferences in January 2025. On January 7 th and 8th, Calumet...
Montana Renewables Receives Approval of Excise Tax Registration
GREAT FALLS, Mont., Dec. 12, 2024 /PRNewswire/ -- Montana Renewables, LLC announced today that it has received approval of its Excise Tax Registration from the Internal Revenue Service.
Calumet Announces Settlement of its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025 and Issues Notice of Full Redemption for the Remaining 11.00% Senior Notes due 2025
INDIANAPOLIS , Nov. 25, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") and its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") ...
Calumet Announces Expiration and Final Results for its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025
INDIANAPOLIS , Nov. 22, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") and its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") ...
Calumet to Participate in December 2024 Investor Conferences
INDIANAPOLIS , Nov. 19, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend two investor conferences in December. On December 3 rd and 4th, Calumet wi...
Long-Term Investing In Calumet Specialty Products
Investors should maintain a long-term vision despite short-term market fluctuations, as patience is crucial for substantial returns. Examples like Cirrus can help Calumet investors navigate investment...
Calumet, Inc. (CLMT) Q3 2024 Earnings Call Transcript
Calumet, Inc. (CLMT) Q3 2024 Earnings Call Transcript
Calumet Reports Third Quarter 2024 Results
Third quarter 2024 net loss of $100.6 million, or basic loss per common share of $1.18 per share Third quarter 2024 Adjusted EBITDA of $49.8 million Montana Renewables ("MRL") set another new SAF prod...
Calumet Announces Early Results for its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025
INDIANAPOLIS , Nov. 6, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") and its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") a...
Calumet to Attend Goldman Sachs Carbonomics Conference
INDIANAPOLIS , Oct. 29, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today plans to attend the Goldman Sachs Carbonomics Conference on Tuesday, November 12, 2024, in London,...
Calumet, Inc. to Release Third Quarter 2024 Earnings on November 8, 2024
INDIANAPOLIS , Oct. 25, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to report results for the Third Quarter 2024 on...
Montana Renewables Delivers First Shipment of Sustainable Aviation Fuel for Detroit Metropolitan Airport
GREAT FALLS, Mont. , Oct. 24, 2024 /PRNewswire/ -- For the first time, the Detroit Metropolitan Airport (DTW) will have the opportunity to use Sustainable Aviation Fuel (SAF), thanks to Montana Renewa...
Calumet Provides Preliminary Third Quarter 2024 Selected Financial Results
INDIANAPOLIS , Oct. 23, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") announced today preliminary selected financial results for the third quarter e...
Calumet Specialty Products Partners, L.P. Enters into Support Agreement and Announces Commencement of Exchange Offer for any and all of Outstanding 11.00% Senior Notes due 2025
INDIANAPOLIS , Oct. 23, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") today announced that its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (th...
Overlooked Stock: CLMT
Calumet (CLMT) saw huge gains at the start of the trading day before giving all its strength back by the time the closing bell rung. George Tsilis discusses why this happened not just for this stock, ...