Calumet Specialty Products Partners LP

Calumet Specialty Products Partners LP (CLMT) Stock Analysis

$57.750

-0.485 (-0.84%)At close

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High
58.740
Open
58.330
VWAP
57.61
Volume
1.70M
Mkt Cap
—
Low
56.340
Amount
98.12M
EV/EBITDA, TTM
-96.62

Calumet, Inc. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a range of consumer-facing and industrial markets. Its segments include Specialty Products and Solutions, Montana/Renewables, and Performance Brands. The Specialty Products and Solutions segment consists of its customer-focused solutions and formulations businesses, covering multiple specialty product lines, anchored by its integrated complex in Northwest Louisiana. In this segment, it manufactures and markets a variety of solvents, waxes, customized lubricating oils, white oils, gels, esters, and other products. The Montana/Renewables segment is composed of its Montana Renewables facility and its Great Falls specialty asphalt facility. The Performance Brands segment includes its portfolio of high-performing brands. In this segment, it blends, packages, and markets high-performance products through its Royal Purple, Bel-Ray, and TruFuel brands.

calumet.com

AI analysis of Calumet Specialty Products Partners LP (CLMT)

Buy

Calumet Specialty Products Partners LP is a good buy right now due to its current price of $56.42, which is below the analyst price target of $75 from H.C. Wainwright. Additionally, the company recently secured full EPA exemptions, which could enhance its financials by approximately $309 million, significantly improving its profitability outlook. However, the forward P/E ratio of 49.02 indicates that the stock may be overvalued if growth does not materialize as expected, posing a risk to investors.

Analyst Ratings (5)

-59.01% Downside
Hold
1 Buy
3 Hold
1 Sell
Current: 57.75
Low
19.00
Average
23.67
High
28.00

H.C. Wainwright

2026-09-02

Price Target

$75

Buy

BofA

2026-09-01

Price Target

$60

Buy

UBS

2026-08-25

Price Target

$47

Neutral

TD Cowen

2026-08-12

Price Target

$40

Hold

BofA

2026-08-10

Price Target

$45

Buy

Valuation Metrics

The current forward P/E ratio for Calumet Specialty Products Partners LP (CLMT) is 49.02, compared to its 5-year average forward P/E of -6.47.

Forward P/E

Overvalued
5Y Average P/E
-6.47
Current P/E
49.02
Overvalued
31.77
Undervalued
-44.72

Forward EV/EBITDA

Undervalued
5Y Average EV/EBITDA
21.18
Current EV/EBITDA
-96.62
Overvalued
84.85
Undervalued
-42.50

Forward P/S

Strongly Overvalued
5Y Average P/S
0.42
Current P/S
1.09
Overvalued
0.58
Undervalued
0.25

Alphio AI Price Scenarios for CLMT

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%CLMT

$18.62

Scenario price

B

Base

Base · 50%CLMT

$18.13

Scenario price

B

Bear

Bear · 25%CLMT

$14.81

Scenario price

Whales holding CLMT

V

Voleon Capital Management LP

+ HoldingCLMT

+5.57%

3M Return

T

Two Seas Capital LP

+ HoldingCLMT

-10.94%

3M Return

Events Timeline

2026-09-02 (ET)

08:30:00

Calumet Receives EPA Small Refinery Exemptions, Reducing 71M RIN Liability

2026-09-01 (ET)

07:30:00

Calumet Announces MaxSAF Expansion Plan, Expected Annual Production of 200M Gallons of SAF

07:30:00

Calumet Announces MaxSAF Expansion Plan, Targeting 200M Gallons of Sustainable Aviation Fuel Annually

2026-08-07 (ET)

07:30:00

Calumet Reports Q2 Revenue of $1.45B

2026-07-08 (ET)

09:30:00

Montana Renewables Supplies Low Emission Fuel for Gulfstream G800

News

CLMT FAQ — answered by Alphio AI

Calumet, Inc. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a range of consumer-facing and industrial markets. Its segments include Specialty Products and Solutions, Montana/Renewables, and Performance Brands. The Specialty Products and Solutions segment consists of its customer-focused solutions and formulations businesses, covering multiple specialty product lines, anchored by its integrated complex in Northwest Louisiana. In this segment, it manufactures and markets a variety of solvents, waxes, customized lubricating oils, white oils, gels, esters, and other products. The Montana/Renewables segment is composed of its Montana Renewables facility and its Great Falls specialty asphalt facility. The Performance Brands segment includes its portfolio of high-performing brands. In this segment, it blends, packages, and markets high-performance products through its Royal Purple, Bel-Ray, and TruFuel brands. It operates in the Energy sector (PETROLEUM REFINING industry).

Calumet Specialty Products Partners LP is a good buy right now due to its current price of $56.42, which is below the analyst price target of $75 from H.C. Wainwright. Additionally, the company recently secured full EPA exemptions, which could enhance its financials by approximately $309 million, significantly improving its profitability outlook. However, the forward P/E ratio of 49.02 indicates that the stock may be overvalued if growth does not materialize as expected, posing a risk to investors.

5 analysts cover CLMT: 1 rate it Buy, 3 Hold and 1 Sell. The average price target is 23.67.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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