Calumet, Inc. (CLMT)
| Market Cap | 1.42B |
| Revenue (ttm) | 4.18B |
| Net Income (ttm) | -343.20M |
| Shares Out | 86.62M |
| EPS (ttm) | -4.05 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 616,535 |
| Open | 16.61 |
| Previous Close | 16.64 |
| Day's Range | 16.33 - 16.76 |
| 52-Week Range | 7.68 - 25.29 |
| Beta | 0.93 |
| Analysts | Strong Buy |
| Price Target | 20.17 (+23.52%) |
| Earnings Date | Aug 8, 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. Its Montana/Renewables segment focuses on processing renewable feeds... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for CLMT stock is "Strong Buy." The 12-month stock price target is $20.17, which is an increase of 23.52% from the latest price.
News
Calumet With Its More Than Nine Financial Lives
Calumet is finding its way through another difficult marketplace experience. This adds credence to management's skills for navigating through difficult experiences, a much-needed skill for new markets...
Calumet to Participate in June 2025 Investor Conferences
INDIANAPOLIS , May 23, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend two investor conferences in June 2025. On Thursday, June 5 th, Calumet will...
Calumet, Inc. (CLMT) Q1 2025 Earnings Call Transcript
Calumet, Inc. (NASDAQ:CLMT) Q1 2025 Earnings Conference Call May 9, 2025 9:00 AM ET Company Participants John Kompa - Investor Relations Todd Borgmann - Chief Executive Officer David Lunin - Executiv...
Calumet Reports First Quarter 2025 Results
First quarter 2025 net loss of $162.0 million, or basic loss per common share of $1.87 per share First quarter 2025 Adjusted EBITDA with Tax Attributes of $55.0 million, reflecting a $30.4 million adj...
Calumet, Inc. to Release First Quarter 2025 Earnings on May 9, 2025
INDIANAPOLIS , April 25, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to report results for the First Quarter 2025 o...
Calumet's Businesses Firing Like A Cannon, Well, Even Much Closer (Update)
Calumet Specialty Products is significantly undervalued, with a misunderstood market and a heavy short position that is likely to face a destructive end soon. First-quarter EBITDA estimates are strong...
Calumet Announces Closing of Sale of Assets Related to Industrial Portion of its Royal Purple® Business
INDIANAPOLIS , April 1, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") has successfully closed its previously announced sale of assets related to the...
Calumet Announces Intention to Nominate Julio Quintana and Karen Narwold to Board of Directors; and Wasserstein Debt Opportunities Expresses Support
INDIANAPOLIS , March 17, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we") today announced that Julio Quintana and Karen Narwold have been selected as nominees for ele...
Calumet's Businesses Firing Like A Cannon, Well, Close
Calumet delivered in-line Q4 2024 results, with management's asset sales and cash generation efforts creating a favorable buying opportunity. Specialty EBITDA is projected to improve to the low $200 m...
Calumet to Attend Wolfe Research Conference
INDIANAPOLIS , March 4, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today plans to attend the Wolfe Research Refining Conference Thursday, March 6, 2025, in New York. Calum...
Calumet, Inc. (CLMT) Q4 2024 Earnings Conference Call Transcript
Calumet, Inc. (NASDAQ:CLMT) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants John Kompa - Investor Relations Todd Borgmann - Chief Executive Officer David Lunin - Ex...
Lubrication Engineers to Acquire Industrial Brands & Products of Royal Purple
WICHITA, Kas., Feb. 28, 2025 /PRNewswire/ -- Lubrication Engineers, Inc. ("LE"), a leading developer and manufacturer of high-performance industrial lubricants and asset reliability solutions, today a...
Calumet Reports Fourth Quarter and Fiscal Year 2024 Results
Fourth quarter 2024 net loss of $40.7 million, or basic loss per common share of $0.47 per share Fourth quarter 2024 Adjusted EBITDA of $56.6 million Announces sale of Royal Purple® industrial busines...
Calumet Announces Sale of Assets Related to Industrial Portion of its Royal Purple® Business
INDIANAPOLIS , Feb. 28, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") announced it has entered into a definitive agreement with a wholly owned subsi...
Calumet to Attend Raymond James Conference
INDIANAPOLIS , Feb. 19, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today plans to attend the Raymond James Institutional Investors Conference on Tuesday, March 4, 2025, in...
Montana Renewables Receives First Drawdown from $1.44 Billion DOE Loan Facility
Initial loan proceeds of $782 million funded today Balance of proceeds to be funded during planned expansion from 2025 through 2028 DOE loan guarantee facilitates expansion of Sustainable Aviation Fue...
Calumet, Inc. to Release Fourth Quarter and Fiscal Year 2024 Earnings on February 28, 2025
INDIANAPOLIS , Feb. 14, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to report results for the Fourth Quarter and Fi...
Montana Renewables Announces Timing Update for DOE Loan Facility
INDIANAPOLIS , Jan. 28, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet," the "Company," "we," "our" or "us") has been informed by the U.S. Department of Energy ("DOE") Loan Programs Offic...
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...