Added to YB: 2026-02-10
Pitch date: 2026-02-08
CLMT [neutral]
Calumet, Inc.
+15.98%
current return
Author Info
The Pale Blue Dot is an ex-investment banker with more than a decade of experience in M&A advisory, capital raising and equity derivatives. Sign up for the newsletter.
Company Info
Calumet, Inc. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to various consumer-facing and industrial markets in North America and internationally.
Market Cap
$2.5B
Pitch Price
$25.34
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.13
P/E
-66.57
EV/Sales
1.22
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
The Pale Blue Dot | Portfolio Update - Calumet, Inc.
CLMT (holding update): +28% YTD as D4 RIN prices surge to ~$1.4. Montana Renewables valued at $1.4bn, potential $300mm+ EBITDA in normalized RD margins. Base biz $300-350mm EBITDA at current cracks. EPA RVO finalized + SAF expansion should drive deleveraging & re-rating. Stock at ~$25.
Read full article (1 min)