Added to YB: 2026-07-14
Pitch date: 2026-07-11
CLMT [neutral]
Calumet, Inc.
-1.49%
current return
Author Info
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Company Info
Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally.
Market Cap
$3.4B
Pitch Price
$40.18
Price Target
N/A
Dividend
N/A
EV/EBITDA
110.54
P/E
-18.17
EV/Sales
1.45
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
2026 H1 - Portfolio & Performance - Calumet, Inc.
CLMT (holding update): Author's top pick, est. worth ~$35 (~June 30 price). Catalysts played out: repaid 2028 debt/pushed to 2031, huge Southern US crack spread boosting SPB FCF, finished MRL turnaround, higher RIN prices, SAF offtake deals. Sees Q2 EBITDA ≥$120m vs street's $92m. MRL full capacity Q3.
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