Calumet, Inc. (CLMT)

Over the past six months, Calumet, Inc.'s stock has experienced significant appreciation, with a 90.33% increase in price. Key events impacting the stock include the Q4 2025 earnings report, which showed a beat on EPS but an initial negative market reaction due to biofuel challenges. Calumet announced a $150 million private placement of additional 9.75% Senior Notes due 2031. The company's TRUFUEL® brand announced record-breaking sales. Calumet provided an operational update for Q1 2026, which included unplanned maintenance at its Shreveport facility. A director, Daniel J. Sajkowski, sold 3,310 shares of common stock. Calumet reported a significant earnings per share (EPS) of $3.61 for Q3 2025, considerably exceeding the forecast.

Demand for Calumet, Inc.'s products and services exhibits seasonality. Asphalt demand is typically lower in the first and fourth quarters, while demand for gasoline and diesel generally increases during the summer months. Natural gas costs can be higher during the winter months. Historically, October has been the strongest month for Calumet's common stock, while December tends to be the weakest.

Calumet, Inc. is a producer of specialty products and renewable fuels, operating in the Energy sector, primarily in the Oil & Gas and Specialty Chemicals industries. The company manufactures, formulates, and markets a diverse range of specialty branded products to various consumer-facing and industrial markets. Calumet's business is organized into three main segments: Specialty Products and Solutions, Montana/Renewables, and Performance Brands.

Calumet, Inc. is headquartered in Indianapolis, Indiana, and operates twelve facilities across North America. The company's products are distributed globally, serving nearly 2,500 customers in over 90 countries worldwide. Calumet also maintains an international sales office.

Calumet, Inc. generally maintains a positive reputation, with its responsibility reports having an aggregate usefulness score of 4.8 out of 5.0. The company's Dickinson Production Facility received an environmental award for recycling 28 million pounds of sustainable materials. The company has demonstrated resilience in navigating market challenges and regulatory environments, including winning lawsuits related to EPA Renewable Volume Obligation (RVO) targets in 2023.

Calumet, Inc. has 151 institutional owners and shareholders, including Two Seas Capital LP, Wasserstein Debt Opportunities Management, L.p., and BlackRock, Inc. As of September 2025, The Heritage Group was a significant shareholder with 16% ownership, and private equity firms held approximately 6.7% of the stock. The general public holds a 27% stake in Calumet.