CLMT

Calumet Specialty Products Partners
NASDAQBASIC MATERIALSSPECIALTY CHEMICALS

Key Statistics

Market Cap
$3.24B
P/E Ratio
EPS
$-2.16
Beta
0.72
52W High
$39.50
52W Low
$12.94
50-Day MA
$33.95
200-Day MA
$26.04
Dividend Yield
Profit Margin
-4.52%
Forward P/E
16.31
PEG Ratio
0.65

About Calumet Specialty Products Partners

Calumet Specialty Products Partners, LP produces and sells specialty hydrocarbon products in North America and internationally. The company is headquartered in Indianapolis, Indiana.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$4.17B
Gross Profit (TTM)$255.80M
EBITDA$54.70M
Operating Margin-27.80%
Return on Equity-1172.00%
Return on Assets-2.01%
Revenue/Share (TTM)$48.02
Book Value$-11.98
Price-to-Book23.49
Price-to-Sales (TTM)0.78
EV/Revenue1.296
EV/EBITDA106.87
Quarterly Earnings Growth (YoY)562.00%
Quarterly Revenue Growth (YoY)3.60%
Shares Outstanding$87.15M
Float$58.45M
% Insiders20.27%
% Institutions53.29%

Historical Volatility

HV 10-Day
26.44%
HV 20-Day
35.50%
HV 30-Day
37.68%
HV 60-Day
42.76%
HV Rank
35.7%

Volatility is currently contracting

Analyst Ratings

Consensus ($38.80 target)
2
Buy
4
Hold

Latest News

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 "Partnership") and Calumet Finance Corp. (together with the Partnership, the "Issuers"), have given notice for redemption of all of the outstanding $100 million 9.75% Senior Notes due 2028 (CUSIP Nos.

PRNewsWire7/8/2026Neutral
Verifying Calumet Specialty Products' New Trajectory

Calumet Specialty Products (CLMT) maintains its 'strong buy' rating as EBITDA projections for the June quarter surge to $235–$280 million, far exceeding prior quarters. Key drivers include robust crack spreads, increased SAF production at MRL, cost reductions, and favorable crude price trends, supporting a 'rocket launch' in financial performance. MRL's SAF capacity expansion and improved margins are expected to deliver $50+ million EBITDA this quarter, with potential for $125–$135 million per quarter at full run-rate.

Seeking Alpha7/7/2026Positive
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 will hold one-on-one investor meetings throughout the day. About Calumet Calumet, Inc. (NASDAQ: CLMT) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets.

PRNewsWire6/2/2026Neutral
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 and will hold one-on-one investor meetings throughout the day. About Calumet Calumet, Inc. (NASDAQ: CLMT) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets.

PRNewsWire5/28/2026Neutral
Calumet: Specialty Products Launched The Financial Rocket

Calumet Specialty Products experienced an unprecedented, rapid turnaround in business momentum within a single quarter. This extreme directional change signals a shift from mediocre performance to strong, accelerated growth prospects. The speed and magnitude of CLMT's transformation are unmatched in recent investment experience.

Seeking Alpha5/26/2026Positive
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 hold one-on-one investor meetings throughout the day. About Calumet Calumet, Inc. (NASDAQ: CLMT) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets.

PRNewsWire5/21/2026Neutral
Calumet Q1 Earnings Call Highlights

Calumet NASDAQ: CLMT executives told investors the company entered 2026 facing unusually strong margin conditions across both traditional fuels and renewable fuels, but first-quarter results did not fully reflect those tailwinds due to downtime at its Shreveport facility and planned work at Montana Renewables.

MarketBeat5/8/2026Positive
Calumet Reports First Quarter 2026 Results

First Quarter 2026 net loss of $317.0 million, or basic loss per common share of $3.64, driven by non-cash RINs and other mark-to-market items First Quarter 2026 Adjusted EBITDA with Tax Attributes of $50.1 million  Montana Renewables completed turnaround and commenced MaxSAF® 150 operations in early May EPA's SET2 RVO, announced in March, has transformed the outlook for biofuel margins Integrated specialties business entering extremely strong margin environment Shreveport plant resumed normal operations in early April following previously disclosed downtime INDIANAPOLIS, May 8, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us")  today reported its results for the first quarter ended March 31, 2026, as follows: Three Months Ended March 31,  2026 2025 (Dollars in millions, except per share data) Net loss $ (317.0) $ (162.0) Basic earnings (loss) per common share $ (3.64) $ (1.87) Adjusted EBITDA $ 27.6 $ 38.1 Adjusted EBITDA with Tax Attributes $ 50.1 $ 55.0 Specialty Products and Solutions Performance Brands Montana/Renewables Three Months Ended March 31,  Three Months Ended March 31,  Three Months Ended March 31,  2026 2025 2026 2025 2026 2025 (Dollars in millions, except per barrel data) Gross profit (loss) $ (62.9) $ (34.0) $ 21.0 $ 22.2 $ (45.6) $ (69.6) Adjusted gross profit (loss) $ 59.2 $ 64.9 $ 22.0 $ 24.2 $ (6.5) $ (8.2) Adjusted EBITDA $ 44.3 $ 56.3 $ 12.6 $ 15.8 $ (12.3) $ (13.6) Adjusted EBITDA with Tax Attributes $ 44.3 $ 56.3 $ 12.6 $ 15.8 $ 10.2 $ 3.3 Gross profit (loss) per barrel $ (10.72) $ (6.33) $ 125.75 $ 144.16 $ (25.38) $ (32.03) Adjusted gross profit (loss) per barrel $ 10.09 $ 12.08 $ 131.74 $ 157.14 $ (3.62) $ (3.77) "The first quarter of 2026 marked a pivotal moment in Calumet's transformation," said Todd Borgmann, CEO. "Late in the quarter, we saw the renewable fuels market fundamentally transformed following EPA's long-awaited SET2 RVO announcement in March, and we entered one of the strongest margin environments we've seen across both traditional and renewable energy markets.

PRNewsWire5/8/2026Neutral

More BASIC MATERIALS Stocks

Data last updated: 7/9/2026