BofA Securities initiated coverage on Calumet Specialty Products with a new price target
$CLMT
Integrated oil Companies
Energy
BofA Securities initiated coverage of Calumet Specialty Products with a rating of Buy and set a new price target of $15.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/13/2025 | $15.00 | Buy | BofA Securities |
| 3/17/2025 | $15.00 → $12.00 | Sell → Neutral | UBS |
| 3/4/2025 | $26.00 → $16.00 | Buy → Hold | TD Cowen |
| 2/4/2025 | $20.50 → $15.00 | Neutral → Sell | UBS |
| 11/11/2024 | $27.00 → $26.00 | Buy | TD Cowen |
| 10/17/2024 | $22.00 → $27.00 | Buy | TD Cowen |
| 8/12/2024 | $20.00 → $18.00 | Buy | TD Cowen |
| 8/18/2022 | $14.00 → $23.00 | Neutral → Buy | Goldman |
First quarter 2025 net loss of $162.0 million, or basic loss per common share of $1.87 per shareFirst quarter 2025 Adjusted EBITDA with Tax Attributes of $55.0 million, reflecting a $30.4 million adjustment for RINs incurrence expense and $16.9 million from the Production Tax Credit ("PTC")Montana Renewables expects to reach 120 to 150-million-gallon SAF capacity sooner than previously reported for a fraction of the cost Montana Renewables received $782 million funding of Department of Energy ("DOE") loan in February 2025, closed sale of Royal Purple® industrial business for $110 million in March 2025, and launches partial redemption for $150 million of 2026 Notes Company-wide cost reductio
INDIANAPOLIS, April 25, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ:CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to report results for the First Quarter 2025 on May 9, 2025. A conference call to discuss the financial and operational results is scheduled for May 9th at 9:00 AM ET. Investors, analysts and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call with accompanying presentation slides; parties interested in listening to the webcast may follow the link which will be made available at http://calumetspecialty.investorroom.com/events. For those participants wishing to dial into the call
Fourth quarter 2024 net loss of $40.7 million, or basic loss per common share of $0.47 per shareFourth quarter 2024 Adjusted EBITDA of $56.6 millionAnnounces sale of Royal Purple® industrial business for $110 millionMontana Renewables received initial funds from U.S. Department of Energy ("DOE") loan in February 2025Specialties business posts record sales volume and cost improvement in 2024INDIANAPOLIS, Feb. 28, 2025 /PRNewswire/ -- 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: Three Months Ended December 31, Year Ended December 31, 2024 2023 2024 2023 (Dollars
8-K - Calumet, Inc. /DE (0002013745) (Filer)
8-K - Calumet, Inc. /DE (0002013745) (Filer)
10-Q - Calumet, Inc. /DE (0002013745) (Filer)
SC 13G/A - Calumet Specialty Products Partners, L.P. (0001340122) (Subject)
SC 13G/A - Calumet Specialty Products Partners, L.P. (0001340122) (Subject)
SC 13G/A - Calumet Specialty Products Partners, L.P. (0001340122) (Subject)
INDIANAPOLIS, May 23, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ:CLMT) ("Calumet") announced today that it plans to attend two investor conferences in June 2025. On Thursday, June 5th, Calumet will attend the Bank of America Securities Energy and Power Credit Conference and will be holding one-on-one investor meetings at the conference.On Wednesday, June 11th, Calumet will attend the Wells Fargo Industrials & Materials Conference and will be holding one-on-one investor meetings throughout the day at the conference.About Calumet Calumet, Inc. (NASDAQ:CLMT) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad r
First quarter 2025 net loss of $162.0 million, or basic loss per common share of $1.87 per shareFirst quarter 2025 Adjusted EBITDA with Tax Attributes of $55.0 million, reflecting a $30.4 million adjustment for RINs incurrence expense and $16.9 million from the Production Tax Credit ("PTC")Montana Renewables expects to reach 120 to 150-million-gallon SAF capacity sooner than previously reported for a fraction of the cost Montana Renewables received $782 million funding of Department of Energy ("DOE") loan in February 2025, closed sale of Royal Purple® industrial business for $110 million in March 2025, and launches partial redemption for $150 million of 2026 Notes Company-wide cost reductio
INDIANAPOLIS, April 25, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ:CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to report results for the First Quarter 2025 on May 9, 2025. A conference call to discuss the financial and operational results is scheduled for May 9th at 9:00 AM ET. Investors, analysts and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call with accompanying presentation slides; parties interested in listening to the webcast may follow the link which will be made available at http://calumetspecialty.investorroom.com/events. For those participants wishing to dial into the call
BofA Securities initiated coverage of Calumet Specialty Products with a rating of Buy and set a new price target of $15.00
UBS upgraded Calumet Specialty Products from Sell to Neutral and set a new price target of $12.00 from $15.00 previously
TD Cowen downgraded Calumet Specialty Products from Buy to Hold and set a new price target of $16.00 from $26.00 previously
4 - Calumet, Inc. /DE (0002013745) (Issuer)
4 - Calumet, Inc. /DE (0002013745) (Issuer)
4 - Calumet, Inc. /DE (0002013745) (Issuer)
INDIANAPOLIS, Aug. 3, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) ("Calumet", "the Partnership", "we", "us", "our") announced today the appointment of Karen Twitchell and John (Jack) Boss to the Board of Directors effective August 2, 2022. Concurrently, Calumet announced that Robert (Bob) Funk has elected to retire from the Board of Directors. "On behalf of everyone at Calumet, I'd like to thank Bob for his many years of service and significant contributions to the Partnership. We'll particularly miss his operational expertise, wisdom and commitment to the success of Calumet," said Steve Mawer, Executive Chairman. "When Bob notified us of his intent to reti
4 - Calumet, Inc. /DE (0002013745) (Issuer)
4 - Calumet Specialty Products Partners, L.P. (0001340122) (Issuer)