CLMT — Calumet Specialty Products Partners

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates CLMT Bullish with a Setup Score of 43, net conviction 51, actionability 37. How the Setup Score works →

Total Setup Score43
Directional BiasBullish
Net Conviction51
Actionability37 (in range)

Key signals behind this score

About Calumet Specialty Products Partners

Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally. It operates through Specialty Products and Solutions; Performance Brands; and Montana/Renewables segments. The Specialty Products and Solutions segment manufactures and markets various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$36.42
Market Cap$3.17B
Float58.4M
Shares Outstanding87.1M
P/E (Forward)11.35
Price/Sales (TTM)0.76
vs. Analyst Target+6.5% to analyst PT
Profit Margin-4.52%
Operating Margin (TTM)-27.84%
Revenue (TTM)$4.17B
Earnings Growth (YoY)561.70%
Dividend RateNone
Analyst Target Price$38.80 (7 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $2.27B -$149M $99.1M $83.1M
2021 $3.15B -$255M $143M $15.6M
2022 $4.69B -$170M $352M $104M
2023 $4.18B $48.1M $452M $418M
2024 $4.19B -$222M $231M $165M
2025 $4.14B -$33.8M $246M $238M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $1.03B -$148M
Sep 2025 $1.08B $313M
Dec 2025 $1.04B -$37.3M
Mar 2026 $1.03B -$317M

Ownership & Float

Insider Ownership20.3%
Institutional Ownership53.3%
Short Float6.9%
% of All Funds Holding2.02%
Number of Funds Holding166

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$34.06Near-term / short-term trend
Weekly40-Week SMA$26.33Medium-term trend
Weekly80-Week SMA$20.81Cyclical trend (business cycle)
Weekly200-Week SMA$18.49Secular trend (multi-year)
Monthly10-Month SMA$28.46Near-term monthly trend
Monthly20-Month SMA$22.11Medium-term monthly trend
Monthly40-Month SMA$19.47Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$27.60 support 1.60x 3 months ago
$22.10 support 1.43x 4 months ago
$19.80 support 1.32x 5 months ago
$10.60 support 1.03x 13 months ago

Historical Earnings Reactions (81 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 1.28% 0.21% 55.56% 26.76% -9.89%
1 Day -0.63% -0.21% 44.44% 30.63% -17.17%
1 Week -0.72% 0.00% 49.38% 41.20% -49.06%
2 Weeks 1.36% -0.63% 49.38% 48.53% -68.19%
1 Month 3.11% 1.36% 51.25% 62.22% -74.39%

Next earnings: August 14, 2026 (40 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan6.2%65.0%20
Feb-1.7%42.9%21
Mar1.6%52.4%21
Apr1.6%61.9%21
May4.1%57.1%21
Jun0.5%47.6%21
Jul3.5%65.0%20
Aug5.5%50.0%20
Sep-2.4%40.0%20
Oct6.8%65.0%20
Nov-1.1%40.0%20
Dec-3.8%40.0%20

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.08% 48.7% 964
Tuesday 0.07% 48.4% 1054
Wednesday 0.16% 51.3% 1054
Thursday 0.03% 50.4% 1034
Friday 0.19% 50.5% 1030

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 53.3%

Insider Transactions — Smart Summary

Total insider ownership: 20.3%

12-Month Insider Activity Summary

Total Filings11
Net Value+N/A
Net Shares Change324,582
% of Float0.6%
C-Suite Filings0
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Sajkowski Daniel J -$1.3M 6 2 sell
Heritage Group -$6.928 1 1 sell
Boss John G. +N/A 2 2 sell
Mawer Stephen P +N/A 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-10-03 – 2025-10-03 3 3 +N/A

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-19 Heritage Group -$6.928 Transaction at $26.27, now +38.6%
2025-12-05 Boss John G. +N/A N/A
2025-10-03 Boss John G. +N/A N/A
2025-12-05 Sajkowski Daniel J +N/A N/A
2025-10-03 Sajkowski Daniel J +N/A N/A
2025-10-03 Mawer Stephen P +N/A N/A

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Calumet Specialty Products Partners (CLMT) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for CLMT on Trend Edge →