Calumet (CLMT) Expected to Release Quarterly Earnings on Friday

Calumet (NASDAQ:CLMT) is anticipated to release its Q2 2026 results before the market opens on Friday, August 7th. Analysts expect Calumet to post earnings of $0.0674 per share and revenue of $1.1178 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, August 7, 2026 at 9:00 AM ET.

Calumet (NASDAQ:CLMT) last issued its earnings results on Friday, May 8th. The oil and gas company reported ($3.64) EPS for the quarter, missing analysts’ consensus estimates of ($0.33) by ($3.31). The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the previous year, the business earned ($1.87) earnings per share. Calumet’s revenue for the quarter was up 3.6% compared to the same quarter last year. On average, analysts expect Calumet to post $-0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Calumet Price Performance

Calumet stock opened at $41.56 on Wednesday. The firm has a 50 day simple moving average of $37.64 and a 200-day simple moving average of $32.29. Calumet has a 1-year low of $12.94 and a 1-year high of $45.20. The stock has a market cap of $3.62 billion, a price-to-earnings ratio of -19.24 and a beta of 0.71.

Insider Activity

In other Calumet news, Director Daniel J. Sajkowski sold 4,240 shares of Calumet stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $36.16, for a total transaction of $153,318.40. Following the completion of the sale, the director directly owned 77,718 shares in the company, valued at $2,810,282.88. This trade represents a 5.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Group Heritage sold 626,998 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $32.54, for a total transaction of $20,402,514.92. Following the completion of the sale, the insider directly owned 12,980,211 shares in the company, valued at $422,376,065.94. This trade represents a 4.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 3.15% of the company’s stock.

Institutional Trading of Calumet

Several institutional investors have recently added to or reduced their stakes in CLMT. Aster Capital Management DIFC Ltd lifted its stake in Calumet by 294.7% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,646 shares of the oil and gas company’s stock worth $33,000 after purchasing an additional 1,229 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Calumet in the fourth quarter valued at $34,000. Advisory Services Network LLC acquired a new stake in shares of Calumet in the third quarter valued at $59,000. Russell Investments Group Ltd. raised its holdings in shares of Calumet by 1,287.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 6,172 shares of the oil and gas company’s stock valued at $113,000 after buying an additional 5,727 shares during the period. Finally, Engineers Gate Manager LP purchased a new stake in shares of Calumet in the 2nd quarter valued at $230,000. Institutional investors and hedge funds own 34.41% of the company’s stock.

Analysts Set New Price Targets

CLMT has been the topic of a number of recent analyst reports. The Goldman Sachs Group upped their price objective on Calumet from $36.00 to $40.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. TD Cowen reissued a “hold” rating on shares of Calumet in a research note on Wednesday, June 3rd. Finally, Weiss Ratings upgraded Calumet from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $37.75.

About Calumet

Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) is an independent provider of high-value, essential product solutions derived from both petroleum and renewable feedstocks. The company operates an integrated network of manufacturing plants, blending terminals and storage facilities across North America, delivering customized products and technical services to industrial, automotive, consumer and agricultural end markets. By leveraging its scale and technical expertise, Calumet tailors supply chain and formulation solutions to meet stringent regulatory and performance requirements.

Calumet’s product portfolio includes specialty lubricants and base oils for high-performance applications; process oils and waxes for food-grade, cosmetic and packaging uses; industrial solvents and cleaning solutions; and fuel additives designed to optimize engine performance and emissions.