Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now NasdaqGS - Nasdaq Real Time Price • USD Calumet, Inc. (CLMT) Follow Compare 9.76 +0.35 +(3.66%) At close: April 17 at 4:00:01 PM EDT All News Press Releases SEC Filings Calumet, Inc. (CLMT): A Bull Case Theory We came across a bullish thesis on Calumet, Inc. (CLMT) on Twitter by Zerosumgame33. In this article, we will summarize the bulls’ thesis on CLMT. Calumet, Inc. (CLMT)’s share was trading at $9.91 as of April 11th. CLMT’s trailing and forward P/E were 23.06 and 11.35 respectively according to Yahoo Finance. Calumet Specialty Products (CLMT) has undergone […] Calumet Announces Closing of Sale of Assets Related to Industrial Portion of its Royal Purple® Business Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") has successfully closed its previously announced sale of assets related to the industrial portion of its Royal Purple® business, for $110 million in cash to a wholly owned subsidiary of Lubrication Engineers, Inc., a portfolio company of Aurora Capital Partners. Calumet Announces Intention to Nominate Julio Quintana and Karen Narwold to Board of Directors; and Wasserstein Debt Opportunities Expresses Support Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we") today announced that Julio Quintana and Karen Narwold have been selected as nominees for election to the Board of Directors of Calumet (the "Board") at the Company's 2025 Annual Meeting of Stockholders (the "Annual Meeting"). Here are Crossroads Capital’s Updates on Calumet (CLMT) Crossroads Capital LLC, an investment management company released its fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The Crossroads Capital Investment Partners, LP returned 3.5% net of all fees and expenses, bringing YTD net returns to 5.7%. The fund has compounded at 14.8% and 14.7% net, respectively, since inception, […] Calumet Full Year 2024 Earnings: EPS Beats Expectations Calumet ( NASDAQ:CLMT ) Full Year 2024 Results Key Financial Results Revenue: US$4.19b (flat on FY 2023). Net loss... Lubrication Engineers to Acquire Industrial Brands & Products of Royal Purple Lubrication Engineers, Inc. ("LE"), a leading developer and manufacturer of high-performance industrial lubricants and asset reliability solutions, today announced that it has entered into a definitive agreement to acquire the industrial brands and products of Royal Purple ("RPI"), a leading provider of specialty synthetic performance lubricants and greases for diversified industrial applications. Upon completion of the transaction, LE will become the exclusive manufacturer and seller of Royal P Calumet Reports Fourth Quarter and Fiscal Year 2024 Results Calumet, Inc. (NASDAQ: CLMT) today reported results of Calumet, Inc. (the "Company," "Calumet," "we," "our" or "us") for the fourth quarter ended December 31, 2024, as follows: Calumet Announces Sale of Assets Related to Industrial Portion of its Royal Purple® Business Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") announced it has entered into a definitive agreement with a wholly owned subsidiary of Lubrication Engineers, Inc., a portfolio company of Aurora Capital Partners, to sell assets related to the industrial portion of its Royal Purple® business, for $110 million. Calumet will retain, and continue to grow, the consumer portion of the Royal Purple business and the Royal Purple production facility in Porter, TX. Montana Renewables Receives First Drawdown from $1.44 Billion DOE Loan Facility Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we," "our" or "us") announced today that Montana Renewables, LLC, an unrestricted subsidiary of Calumet ("Montana Renewables" or "MRL"), has received its first drawdown of approximately $782 million from its $1.44 billion guaranteed loan facility with the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO"). The loan funds the construction and expansion of the renewable fuels facility owned by Montana Renewables. Calumet, Inc. to Release Fourth Quarter and Fiscal Year 2024 Earnings on February 28, 2025 Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to report results for the Fourth Quarter and Fiscal Year 2024 on February 28, 2025. A conference call to discuss the financial and operational results is scheduled for February 28th at 9:00 AM ET. Calumet Says $1.44 Billion Loan Delayed on Trump Administration Review The manufacturer of specialty branded products and renewable fuels will have to wait to receive the first part of its previously approved $1.44 billion loan facility that is now under review. Montana Renewables Announces Timing Update for DOE Loan Facility Calumet, Inc. (NASDAQ: CLMT) ("Calumet," the "Company," "we," "our" or "us") has been informed by the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") that the first tranche of approximately $782 million under the guaranteed loan facility that was previously approved for funding today, January 28, will undergo a tactical delay to confirm alignment with White House priorities. The loan facility, which closed on January 10, will fund the construction and expansion of the renewable fu Calumet Provides Update on Recent Financing Activity Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") provided an update on its recent financing activity, including the pricing by its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") and Calumet Finance Corp., of their private placement of $100 million in aggregate principal amount of 9.75% Senior Notes due 2028 (the "Notes Offering") and registration its $65 million at-the-market equity program (the "ATM Program"). Calumet Announces Pricing of $100 Million Private Placement of 9.75% Senior Notes due 2028 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"), priced their private placement (the "Offering") under Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"), of $100 million in aggregate principal amount of 9.75% Senior Notes due 2028 (the "New Notes"). The New Calumet Inc (NASDAQ:CLMT): A Bullish Investment Perspective We came across a long thesis on Calumet Inc (NASDAQ:CLMT) on ValueInvestorsClub by AAOI. In this article we will summarize the bulls’ thesis on CLMT. The company’s shares were trading at $20.13 when this thesis was published, vs. closing price of $22.00 on Jan 13th. Calumet Inc (NASDAQ:CLMT) specializes in producing a wide range of […] Calumet Announces $100 Million Private Placement of 9.75% Senior Notes due 2028 Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") today announced that, subject to market conditions, its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") and Calumet Finance Corp. (together with the Partnership, the "Issuers"), intend to offer (the "Offering") for sale to eligible purchasers in a private placement under Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"), $100 million in aggregate princip Calumet Announces $65 Million At-the-Market Equity Offering Program Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") today announced that the Company has filed a prospectus supplement with the U.S. Securities and Exchange Commission (the "SEC") establishing an at-the-market equity offering program (the "ATM Program") under which it may issue and sell, from time to time, shares of its common stock having an aggregate gross sales price of up to $65 million (the "Offered Shares"). Calumet intends to use the net proceeds from the ATM Program for general cor Calumet Provides Preliminary Fourth Quarter 2024 Selected Financial Results Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") announced today preliminary selected financial results for the fourth quarter ended December 31, 2024. Calumet, Inc. to Hold Analysts Update Call on January 13, 2025 Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to hold an analysts call on January 13, 2025, at 9:00 a.m. ET to discuss the closing of its $1.44 billion guaranteed loan with the U.S. Department of Energy Loan Programs Office. Montana Renewables Announces Closing of $1.44 Billion DOE Loan Facility for Renewable Fuels and Biomass Energy Facility Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we," "our" or "us") announced today the closing of a $1.44 billion guaranteed loan facility with the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO"). The loan will fund the construction and expansion of the renewable fuels facility owned by Montana Renewables, LLC ("Montana Renewables" or "MRL"), an unrestricted subsidiary of Calumet. Performance Overview Trailing total returns as of 4/17/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) Return CLMT S&P 500 (^GSPC) YTD -55.68% -10.18% 1-Year -35.45% +5.19% 3-Year -28.13% +20.26%