We are live on ! Find out more

Calumet Specialty Products

CLMT

Market cap $3.48B

39.64 USD

-3.71

8.56%

At close Updated Nov 6, 4:00 PM EST

Pre-market

After hours

39.61

-0.03

0.08%

1 day

-8.56%

5 days

-19.14%

1 month

-29.48%

3 months

-5.35%

6 months

14.9%

Year to date

102.76%

1 year

103.18%

5 years

196.26%

10 years

1,083.28%

About: Calumet Inc is a producer of specialty products, including base oils, specialty oils, solvents, esters, and waxes, as well as a variety of fuel and fuel-related products, including asphalt and heavy fuel oils. The company manufactures, formulates, and markets a variety of specialty branded products to customers in various consumer-facing and industrial markets. Its segments include: Specialty Products and Solutions; Montana/Renewables; Performance Brands; and Corporate. The company generates maximum revenue from Fuels, asphalt and other by-products.

Employees: 1,540

Materials Specialty Chemicals

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 32.4%

Neutral 58.8%

Negative 8.8%

Calumet, Inc. (CLMT) Q3 2026 Earnings Call Transcript

Calumet, Inc. (CLMT) Q3 2026 Earnings Call Transcript

Calumet, Inc. (CLMT) Q3 2026 Earnings Call Transcript

What Calumet (CLMT) Said on Its Q3 Earnings Call

Calumet NASDAQ: CLMT reported $347 million in third-quarter adjusted EBITDA with tax attributes, as tight specialty products supplies and a strong quarter at Montana Renewables helped the company accelerate debt repayment.

What Calumet (CLMT) Said on Its Q3 Earnings Call

Calumet Reports Third Quarter 2026 Results

Third Quarter 2026 net income of $273.3 million, or basic earnings per common share of $2.91 Third Quarter 2026 Adjusted EBITDA with Tax Attributes of $347.2 million Accelerated deleveraging continues with approximately $265 million of debt retirement since July $248.1 million of Specialty Products & Solutions Adjusted EBITDA driven by strong market environment for integrated specialties platform, lasting industry supply chain disruptions, and commercial execution Montana Renewables delivers record earnings in first full quarter of operations since SET2 RVO; Adjusted EBITDA with Tax Attributes of $80.4 million ($1.86 per gallon) INDIANAPOLIS, Nov. 6, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") today reported its results for the third quarter ended September 30, 2026, as follows: Three Months Ended September 30, Nine Months Ended September 30, 2026 2025 2026 2025 (In millions, except per share data) Net income (loss) $ 273.3 $ 313.4 $ (139.6) $ 3.5 Basic earnings per common share $ 2.91 $ 3.61 $ (1.79) $ 0.04 Adjusted EBITDA $ 322.0 $ 69.6 $ 508.9 $ 162.8 Adjusted EBITDA with Tax Attributes $ 347.2 $ 92.5 $ 572.6 $ 224.0 Specialty Products and Solutions Performance Brands Montana/Renewables Three Months Ended September 30, Three Months Ended September 30, Three Months EndedSeptember 30, 2026 2025 2026 2025 2026 2025 (Dollars in millions, except per barrel data) Gross profit $ 420.1 $ 276.3 $ 17.2 $ 18.5 $ 105.9 $ 78.9 Adjusted gross profit (loss) $ 283.5 $ 89.5 $ 18.2 $ 20.9 $ 101.8 $ (5.3) Adjusted EBITDA $ 248.1 $ 80.2 $ 9.1 $ 13.2 $ 85.4 $ (5.8) Adjusted EBITDA with Tax Attributes $ 248.1 $ 80.2 $ 9.1 $ 13.2 $ 110.6 $ 17.1 Gross profit per barrel $ 71.18 $ 46.11 $ 105.33 $ 124.16 $ 46.38 $ 34.50 Adjusted gross profit (loss) perbarrel $ 48.04 $ 14.94 $ 111.47 $ 140.27 $ 44.58 $ (2.32) Specialty Products andSolutions Performance Brands Montana/Renewables Nine Months Ended September 30, Nine Months EndedSeptember 30, Nine Months EndedSeptember 30, 2026 2025 2026 2025 2026 2025 (Dollars in millions, except per barrel data) Gross profit (loss) $ 389.1 $ 227.4 $ 55.1 $ 62.8 $ 29.9 $ (41.5) Adjusted gross profit (loss) $ 538.4 $ 230.0 $ 56.2 $ 67.4 $ 114.7 $ (15.5) Adjusted EBITDA $ 454.1 $ 203.3 $ 28.1 $ 42.5 $ 83.7 $ (24.5) Adjusted EBITDA with Tax Attributes $ 454.1 $ 203.3 $ 28.1 $ 42.5 $ 147.4 $ 36.7 Gross profit (loss) per barrel $ 21.81 $ 13.51 $ 104.58 $ 135.93 $ 5.14 $ (6.01) Adjusted gross profit (loss) perbarrel $ 30.19 $ 13.66 $ 106.66 $ 145.89 $ 19.76 $ (2.24) "The third quarter was exceptional for Calumet, with both of our businesses delivering outstanding results and our deleveraging and growth strategy accelerating by years," said Todd Borgmann, CEO. "Our performance reflects a strong market and years of deliberate positioning through our integrated specialties platform supported by advantaged domestic crude, a world-class renewables business, and a commercial and operational organization executing at an increasingly high level.

Calumet Reports Third Quarter 2026 Results

Calumet Announces CMR Asset Lease Details and Revised Agreement with Warburg Pincus

INDIANAPOLIS, Nov. 5, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we," "our," "the company," or "us") today announced two transactions designed to support the continued development of Montana Renewables, LLC ("Montana Renewables" or "MRL"), an unrestricted subsidiary of Calumet, and advance the company's MaxSAF® expansion plans. First, Calumet Montana Refining, LLC ("CMR"), a restricted subsidiary of Calumet, entered into a long-term lease agreement with MRL for certain CMR assets used in the expansion.

Calumet Announces CMR Asset Lease Details and Revised Agreement with Warburg Pincus

Zacks Investment Research

4 Energy Stocks That Could Surpass Q3 Earnings Estimates

Energy sector earnings are set to surge 133.9% in Q3 2026. Discover why COP, EOG, TRGP and CLMT could beat earnings estimates amid stronger oil prices.

4 Energy Stocks That Could Surpass Q3 Earnings Estimates

Royal Purple Unveils New Three-Tier Performance Motor Oil Lineup at AAPEX 2026

High Performance, new Ultimate High Performance, and Extreme Performance Racing give drivers a clear path from daily driving to the track, with the lineup arriving at retail beginning January 2027. LAS VEGAS, Nov. 2, 2026 /PRNewswire/ -- Royal Purple®, the synthetic lubricant brand recognized by its signature purple oil, tomorrow announces a reimagined passenger car motor oil lineup, which it will unveil when AAPEX 2026 opens Tuesday morning.

Royal Purple Unveils New Three-Tier Performance Motor Oil Lineup at AAPEX 2026

Zacks Investment Research

Are Oils-Energy Stocks Lagging Calumet, Inc. (CLMT) This Year?

Here is how Calumet, Inc. (CLMT) and ConocoPhillips (COP) have performed compared to their sector so far this year.

Are Oils-Energy Stocks Lagging Calumet, Inc. (CLMT) This Year?

Calumet Issues Redemption Notice for $150 Million of 9.75% Senior Notes due 2028

INDIANAPOLIS, Oct. 15, 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 $150 million of the outstanding 9.75% Senior Notes due 2028 (CUSIP Nos.

Calumet Issues Redemption Notice for $150 Million of 9.75% Senior Notes due 2028

Calumet Specialty Products' Coming Massive Quarterly Results (Rating Downgrade)

Calumet Specialty Products (CLMT) is poised to deliver a potentially stunning Q3 EBITDA of $300–$325 million, driven by strong crack spreads and operational improvements. Current valuation appears rich, with technical indicators overbought and EBITDA run rates well above normalized levels, suggesting a correction may be imminent. I am lowering my rating from strong buy to buy, recommending investors wait until after earnings and the planned Shreveport shutdown before adding shares.

Calumet Specialty Products' Coming Massive Quarterly Results (Rating Downgrade)

Zacks Investment Research

Best Momentum Stocks to Buy for October 13th

REPYY, TGT and CLMT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 13, 2026.

Best Momentum Stocks to Buy for October 13th

See News Rankings

Price charts implemented using Lightweight Charts™