Calumet Specialty Products Partners (CLMT)

Calumet Operating, LLC • Calumet Refining, LLC • Calumet Shreveport Refining, LLC • Calumet Finance Corp. • Calumet Karns City Refining, LLC • Calumet Dickinson Refining, LLC • Calumet Missouri, LLC • Calumet Montana Refining, LLC • Montana Renewables, Inc. • Montana Renewables Holdings, Inc. ...

IRS number

371516132

CLMT stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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15-12G

Securities registration termination

1 Aug 24

S-8 POS

Registration of securities for employees (post-effective amendment)

1 Aug 24

S-8 POS

Registration of securities for employees (post-effective amendment)

1 Aug 24

S-8 POS

Registration of securities for employees (post-effective amendment)

1 Aug 24

S-8 POS

Registration of securities for employees (post-effective amendment)

1 Aug 24

S-8 POS

Registration of securities for employees (post-effective amendment)

1 Aug 24

8-K

Termination of a Material Definitive Agreement

10 Jul 24

8-K

Entry into a Material Definitive Agreement

5 Jul 24

425

Business combination disclosure

21 Jun 24

DEFM14A

Proxy related to merger

7 Jun 24

Transcripts

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CLMT

Earnings call transcript

2024 Q3

8 Nov 24

CLMT

Earnings call transcript

2024 Q2

9 Aug 24

CLMT

Earnings call transcript

2024 Q1

10 May 24

CLMT

Earnings call transcript

2023 Q4

23 Feb 24

CLMT

Earnings call transcript

2023 Q3

9 Nov 23

CLMT

Earnings call transcript

2023 Q2

4 Aug 23

CLMT

Earnings call transcript

2023 Q2

4 Aug 23

CLMT

Earnings call transcript

2023 Q1

5 May 23

CLMT

Earnings call transcript

2022 Q4

15 Mar 23

CLMT

Earnings call transcript

2022 Q3

9 Nov 22

Latest ownership filings

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Financial summary

Financial statements Chart CLMT financial data

Quarter (USD)	Mar 24	Dec 23	Sep 23	Jun 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	31.40 mm	31.40 mm	31.40 mm	31.40 mm	31.40 mm	31.40 mm
Cash burn (monthly)	(no burn)	(no burn)	13.80 mm	(no burn)	31.33 mm	6.85 mm
Cash used (since last report)	n/a	n/a	150.94 mm	n/a	342.72 mm	74.92 mm
Cash remaining	n/a	n/a	-119.54 mm	n/a	-311.32 mm	-43.52 mm
Runway (months of cash)	n/a	n/a	-8.7	n/a	-9.9	-6.4

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

CLMT institutional ownership history Ownership history

5.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2	68	-97.1%
Opened positions	0	11	EXIT
Closed positions	66	21	+214.3%
Increased positions	0	24	EXIT
Reduced positions	0	12	EXIT

13F shares	Current	Prev Q	Change
Total value	26.80 mm	197.98 bn	-100.0%
Total shares	4.33 mm	21.15 mm	-79.5%
Total puts	0.00	972.50 k	EXIT
Total calls	0.00	1.00 mm	EXIT
Total put/call ratio	–	1.0	–

Largest owners	Shares	Value	Change
Knott Partners	4.33 mm	$0.00	0.0%
IFP Advisors	2.00 k	$26.80 mm	0.0%

Largest transactions	Bought/sold	Change
Adams Asset Advisors	-5.25 mm	EXIT
Knott David M Jr	-4.33 mm	EXIT
GS The Goldman Sachs Group, Inc.	-650.01 k	EXIT
Raymond James & Associates	-572.06 k	EXIT
Grizzlyrock Capital	-537.60 k	EXIT
Susquehanna International	-492.08 k	EXIT
CI Private Wealth	-461.05 k	EXIT
MS Morgan Stanley	-446.15 k	EXIT
Group One Trading	-405.15 k	EXIT
Bienville Capital Management	-341.10 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CLMT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 May 24	Gregory J Morical	Common Units	Sell	Dispose S	No	No	15.04	11,111	167.11 k	33,845
7 May 24	James S Carter	Phantom Units Common Units	Grant	Acquire A	No	No	0	531	0.00	531
7 May 24	James S Carter	Phantom Unit Common Units	Grant	Acquire A	No	No	0	1,594	0.00	1,594
7 May 24	Paul C Raymond	Phantom Units Common Units	Grant	Acquire A	No	No	0	472	0.00	472
7 May 24	Paul C Raymond	Phantom Unit Common Units	Grant	Acquire A	No	No	0	1,417	0.00	1,417
7 May 24	Amy M Schumacher	Phantom Units Phantom Units	Grant	Acquire A	No	No	0	441	0.00	441
7 May 24	Amy M Schumacher	Phantom Unit Common Units	Grant	Acquire A	No	No	0	1,325	0.00	1,325
7 May 24	Boss John G.	Phantom Units Common Units	Grant	Acquire A	No	No	0	389	0.00	389
7 May 24	Boss John G.	Phantom Unit Common Units	Grant	Acquire A	No	No	0	1,169	0.00	1,169