Summary
Calumet, Inc. (CLMT) is a Great Momentum Stock: Should You Buy?
Does Calumet, Inc. (CLMT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Is Calumet, Inc. (CLMT) Outperforming Other Oils-Energy Stocks This Year?
Here is how Calumet, Inc. (CLMT) and Kosmos Energy (KOS) have performed compared to their sector so far this year.
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–$135 million per quarter at full run-rate.
Calumet, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 80 | $1,260.16 | $3,122 | $1,861.84 | 147.75% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,045 | $18,621.9 | $40,926.07 | $22,304.17 | 119.77% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 497 | $10,835.25 | $19,520.47 | $8,685.22 | 80.16% |
| BG Bart Gancher Intech Investment Management LLC | 16,570 | $269,556.37 | $649,378.3 | $379,821.93 | 140.91% |
 Anthony Scaramucci SkyBridge Capital II LLC | 7,335 | $263,327 | $286,482.36 | $23,155.36 | 8.79% |
Calumet, Inc. (CLMT) FAQ
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Calumet, Inc. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Louis Todd Borgmann CEO | NASDAQ (NGS) Exchange | 131428104 CUSIP |
| US Country | 1,540 Employees | 12 Feb 2016 Last Dividend | 11 Jul 2024 Last Split | - IPO Date |
Overview
Calumet, Inc. is a distinguished company specializing in the production, formulation, and distribution of a wide range of specialty branded products and renewable fuels across various consumer-facing and industrial markets both within North America and on an international scale. Founded in 1919 and based in Indianapolis, Indiana, Calumet operates through three main segments: Specialty Products and Solutions; Montana/Renewables; and Performance Brands. These segments exemplify the company's diversified approach to offering high-quality, specialized products and services that cater to a multitude of market needs and sustainability goals.
Products and Services
- Specialty Products and Solutions
This segment delivers an array of specialty products including solvents, waxes, custom lubricating oils, white oils, petrolatums, gels, esters, and more. These products find wide applications across various industries, catering to specific needs for high-quality solvents and lubricants among other specialized requirements.
- Montana/Renewables
Focused on sustainability, this segment processes renewable feedstocks into products like renewable diesel, sustainable aviation fuel, renewable hydrogen, and renewable natural gas, among others. It highlights Calumet's commitment to renewable energy and its efforts to produce alternative fuels that offer environmental benefits. Additionally, it processes Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialized grades of asphalt, showcasing the company's versatility in handling different types of feedstocks to produce a wide range of products.
- Performance Brands
Through its Performance Brands segment, Calumet blends, packages, and markets high-performance products under the Royal Purple, Bel-Ray, and TruFuel brands. This segment emphasizes the company’s dedication to quality and performance, offering top-tier products for automotive, industrial, and recreational applications. These brands are known for their high-quality solutions that enhance the performance and longevity of engines and machinery.
