Calumet Reports Q1 Revenue of $1.03B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2026
0mins
Reports Q1 revenue $1.03B vs. $993.9M last year. "The first quarter of 2026 marked a pivotal moment in Calumet's transformation," said Todd Borgmann, CEO. "Late in the quarter, we saw the renewable fuels market fundamentally transformed following EPA's long-awaited SET2 RVO announcement in March, and we entered one of the strongest margin environments we've seen across both traditional and renewable energy markets. Further, we brought down Montana Renewables for a turnaround and MaxSAF 150 expansion in early March, and successfully commenced operations in early May. While these developments did not fully benefit first quarter financial results due to previously disclosed operational downtime at our Shreveport facility and the planned expansion work in Montana, Calumet is exceptionally well positioned to capture these tailwinds, accelerate deleveraging, and continue our long-term growth and value creation strategy."
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Analyst Views on CLMT
Wall Street analysts forecast CLMT stock price to fall
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 34.920
Low
19.00
Averages
23.67
High
28.00
Current: 34.920
Low
19.00
Averages
23.67
High
28.00
About CLMT
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; Performance Brands; Montana/Renewables, and Corporate. Specialty Products and Solutions segment manufactures and markets a variety of solvents, waxes, customized lubricating oils, white oils, petrolatum, gels, esters, and other products. Performance Brands segment blend, package and market high performance products through its Royal Purple, Bel-Ray, and TruFuel brands. Montana/Renewables segment comprises two facilities: renewable fuels and specialty asphalt. At its Montana Renewables facility, it processes a variety of geographically advantaged renewable feedstocks into renewable diesel, sustainable aviation fuel, renewable hydrogen, renewable natural gas, renewable propane, and renewable naphtha that are distributed into renewables markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Business Overview: Calumet specializes in manufacturing, formulating, and marketing a diverse range of specialty branded products and renewable fuels, serving a broad spectrum of consumer-facing and industrial markets, showcasing its diversified capabilities in the industry.
- Headquarters and Operations: Headquartered in Indianapolis, Calumet operates twelve facilities across North America, demonstrating its strong production capacity and market reach to meet diverse customer needs.
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- Operational Network: With twelve facilities operating across North America, Calumet ensures efficient product coverage across various markets, strengthening its competitive position in a highly competitive industry.
- Investor Relations: By participating in this conference, Calumet aims to increase its visibility among investors and strengthen relationships with potential investors through direct communication, further driving the company's long-term strategic development.
See More
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- Business Overview: Headquartered in Indianapolis, Calumet manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels, serving a broad range of consumer-facing and industrial markets, showcasing its diversified positioning in the industry.
- Facility Operations: The company operates twelve facilities across North America, which not only enhances its competitive edge in the market but also improves responsiveness to customer demands, ensuring stable product supply.
- Strategic Implications: By participating in this conference, Calumet aims to elevate its visibility in the energy sector and further its long-term development strategy through direct interaction with investors, thereby boosting investor confidence.
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