CLMT

CLMT Earnings Preview

Calumet, Inc. · Basic Materials · $3B

19d until earnings

CLMT Earnings

Friday, May 08 2026
EPS Estimate
$-0.75
$-0.75 – $-0.75
Revenue Estimate
$964M
Current Price
$32.21

Our Position

bearish

Calumet Raises $150M Via Senior Notes

est. revisions rising (+17.4pp / 30d)

The debt refinancing improves Calumet's capital structure and liquidity, reducing short-term refinancing risk while signaling cautious management capital allocation amidst mixed insider sentiment and slowing revenue momentum.

Watch: Monitor upcoming earnings and debt covenant disclosures for signs of improving operating margins and debt coverage.

Data Signal Summary

2 bullish
2 bearish
Estimates up +36% Insider selling cluster Put/call 0.2 (bullish skew) Price downtrend

Key Context

Insider Activity
selling
Price Trend
downtrend
From 52w High
-7.3%
Est. Revisions (30d)
+35.9% 1up/0dn
Analyst Target (mean)
$37 $25–$60 +14%
Options P/C Ratio
0.24
Est. Dispersion
0% 1 analysts
Insider Cluster
strong sell (officer)

Recent Activity

insider trades 55 transactions
Sell · SAJKOWSKI DANIEL J (Director) ·3,310 shares ·$114,063
Other · MAWER STEPHEN P (Director) ·27,806 shares
Other · FLEMING BRUCE A (Officer) ·20,621 shares
Other · OBERMEIER SCOTT (Officer) ·24,090 shares
Other · BORGMANN LOUIS TODD (Chief Executive Officer) ·49,974 shares
50 more
Other · MORICAL GREGORY J ·15,348 shr
Other · FLEMING BRUCE A ·50,000 shr
Other · SAJKOWSKI DANIEL J ·5,053 shr
Sell · SAJKOWSKI DANIEL J ·2,022 shr ·$39,328
Sell · BOSS JOHN G ·1,011 shr ·$19,664
Other · BOSS JOHN G ·2,526 shr
Other · TWITCHELL KAREN A ·2,526 shr
Other · STRAUMINS JENNIFER ·5,053 shr
Other · SCHUMACHER AMY M ·5,053 shr
Other · RAYMOND PAUL C III ·5,053 shr
Sell · SAJKOWSKI DANIEL J ·82,000 shr ·$1,038,340
Sell · SAJKOWSKI DANIEL J ·1,518 shr ·$23,969
Other · SAJKOWSKI DANIEL J ·3,796 shr
Sell · BOSS JOHN G ·1,518 shr ·$23,969
Other · BOSS JOHN G ·3,796 shr
Other · TWITCHELL KAREN A ·3,796 shr
Other · STRAUMINS JENNIFER ·3,796 shr
Other · SCHUMACHER AMY M ·3,796 shr
Other · RAYMOND PAUL C III ·3,796 shr
Sell · MORICAL GREGORY J ·25,123 shr ·$419,303
Sell · STRAUMINS JENNIFER ·150,000 shr ·$2,377,000
Sell · STRAUMINS JENNIFER ·100,000 shr ·$1,317,000
Sell · SHEETS DANIEL L ·40,000 shr ·$554,200
Sell · MAWER STEPHEN P ·3,655 shr ·$33,955
Sell · MAWER STEPHEN P ·3,655 shr ·$47,076
Other · MAWER STEPHEN P ·169,937 shr
Other · FLEMING BRUCE A ·173,066 shr
Other · OBERMEIER SCOTT ·31,606 shr
Other · BORGMANN LOUIS TODD ·114,120 shr
Other · MORICAL GREGORY J ·55,634 shr
Other · DONARGO VINCENT ·9,024 shr
Sell · MAWER STEPHEN P ·3,655 shr ·$46,199
Buy · LUNIN DAVID ·2,500 shr ·$32,625
Sell · MAWER STEPHEN P ·18,629 shr ·$342,774
Other · MAWER STEPHEN P ·46,572 shr
Other · SCHUMACHER AMY M ·55,950 shr
Other · CARTER JAMES S ·66,573 shr
Sell · STRAUMINS JENNIFER ·37,861 shr ·$810,983
Other · STRAUMINS JENNIFER ·8,921 shr
Sell · SHEETS DANIEL L ·3,569 shr ·$75,377
Other · SHEETS DANIEL L ·8,921 shr
Other · SCHUMACHER AMY M ·8,921 shr
Sell · SAJKOWSKI DANIEL J ·3,569 shr ·$75,377
Other · SAJKOWSKI DANIEL J ·8,921 shr
Other · CARTER JAMES S ·8,921 shr
Other · RAYMOND PAUL C III ·8,921 shr
Sell · STRAUMINS JENNIFER ·75,000 shr ·$1,623,750
Award · BORGMANN LOUIS TODD ·10,000 shr ·$217,800
Sell · STRAUMINS JENNIFER ·200,000 shr ·$4,064,000
Sell · MORICAL GREGORY J ·11,111 shr ·$167,109