Calumet, Inc. (CLMT) shares ended the last trading session 12.5% higher at $10.11. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 16.6% loss over the past four weeks.Calumet Inc.’s shares rallied on the last trading day. The bullishness could be attributed to the company’s diverse portfolio, which includes base oils, specialty oils, waxes, and fuels, has been meeting and exceeding customer expectations. Calumet's ...

INDIANAPOLIS, April 1, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") has successfully closed its previously announced sale of assets related to the industrial portion of its Royal Purple® business, for $110 million in cash to a wholly owned subsidiary of Lubrication Engineers, Inc., a portfolio company of Aurora Capital Partners. The assets sold related to Royal Purple's high performance synthetic industrial product line including industrial gear lubricant ...

INDIANAPOLIS, March 17, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we") today announced that Julio Quintana and Karen Narwold have been selected as nominees for election to the Board of Directors of Calumet (the "Board") at the Company's 2025 Annual Meeting of Stockholders (the "Annual Meeting").  After successfully guiding the Company through the transition from a master limited partnership (MLP) to a C-Corporation, Jim Carter and Dan Sheets have informed the Board of the ...

Calumet (NASDAQ: CLMT ) reported in-line results for the 4th quarter of 2024. Management surprised investors with announcing the sale of a small portion of the Performance Brand (PB) business for $110 million. The conference call reflected fruits from many yearsI have been an investor for several decades enduring the 87 crash, 2000 crash, and 08 crash. I do use trading systems developed with TradeStation. I have enjoyed the rewards from both buy and hold and trading. My professional experiences includes sev ...

Calumet, Inc. (NASDAQ:CLMT) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants John Kompa - Investor Relations Todd Borgmann - Chief Executive Officer David Lunin - Executive Vice President & Chief Financial Officer Bruce Fleming - Executive Vice President, Montana Renewables & Corporate Development Scott Obermeier - Executive Vice President, Specialists Conference Call Participants Roger Read - Wells Fargo Jason Gabelman - TD Cowen Neil Mehta - Goldman Sachs Gregg Brody - Ba ...

Calumet, Inc. (NASDAQ:CLMT) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants John Kompa - Investor Relations Todd Borgmann - Chief Executive Officer David Lunin - Executive Vice President & Chief Financial Officer Bruce Fleming - Executive Vice President, Montana Renewables & Corporate Development Scott Obermeier - Executive Vice President, Specialists Conference Call Participants Roger Read - Wells Fargo Jason Gabelman - TD Cowen Neil Mehta - Goldman Sachs Gregg Brody - Ba ...

Fourth Quarter & Full Year 2024 Financial Results February 28, 2025 CAUTIONARY STATEMENTS Forward-Looking Statements This Presentation has been prepared by Calumet, Inc. (the "Company," "Calumet," "we," "our" or like terms) as of February 28, 2025. The information in this Presentation includes certain "forward-looking statements." These statements can be identified by the use of forward-looking terminology including "may," "intend," "believe," "expect," "anticipate," "estimate," "forecast," "outlook," "cont ...

Core Viewpoint - Lubrication Engineers, Inc. has announced a definitive agreement to acquire the industrial brands and products of Royal Purple, enhancing its portfolio in high-performance industrial lubricants and asset reliability solutions [1][3]. Company Overview - Lubrication Engineers, Inc. (LE) is a leader in the development, manufacturing, and sale of premium industrial greases, gear oils, and lubricants, servicing customers in over 60 countries from its 150,000 sq. ft. manufacturing facility in Wichita, Kansas [5]. - Royal Purple (RPI) specializes in premium synthetic performance fluids, lubricants, and greases, designed for various industrial applications, including gear oils and hydraulic lubricants [2]. Strategic Fit - The acquisition of RPI aligns with LE's core strategy of developing ultra-premium, maintenance, repair, and operations (MRO)-oriented industrial lubricants and asset reliability solutions [4]. - LE aims to leverage RPI's research and development, sales, and marketing teams to enhance product offerings and customer service [3][4]. Transaction Details - The transaction is expected to close in the first half of 2025, pending customary closing conditions [4]. - Calumet, Inc. will retain ownership of the consumer segment of Royal Purple and related manufacturing assets [1].

Core Viewpoint - Calumet, Inc. has entered into a definitive agreement to sell the industrial portion of its Royal Purple® business for $110 million, while retaining the consumer segment and the production facility in Porter, Texas [1][4]. Group 1: Transaction Details - The sale includes Royal Purple's high-performance synthetic industrial product line, which encompasses industrial gear lubricants, bio-environmental lubricants, stationary natural gas engine oils, hydraulic lubricants, and compressor oils, along with an exclusive license for industrial applications [2]. - In the year ending December 31, 2024, Royal Purple's industrial business generated approximately $29 million in total sales [2]. Group 2: Retained Assets - Calumet will maintain ownership of the manufacturing site in Porter, Texas, and the consumer portion of the Royal Purple business, which serves a variety of automotive product applications through a multi-channel strategy [3]. - Key brands within the consumer segment include High Performance Motor Oil, HPS®, HMX®, Max EZ®, Max Gear®, Max-Clean®, XPR®, and Duralec Super™ [3]. Group 3: Financial Strategy - The company plans to use the proceeds from the sale primarily to pay down debt, with the transaction expected to close in the first half of 2025, subject to customary closing conditions [4]. - The CEO emphasized that the transaction aligns with the company's priority of deleveraging its balance sheet and reflects a strategic fit for the business [5].

Company Overview - Calumet, Inc. (NASDAQ: CLMT) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels [2] - The company serves a broad range of consumer-facing and industrial markets [2] - Calumet is headquartered in Indianapolis, Indiana, and operates twelve facilities throughout North America [2] Upcoming Events - Calumet plans to attend the Raymond James Institutional Investors Conference on March 4, 2025, in Orlando, Florida [1] - The company will hold one-on-one investor meetings throughout the day at the conference [1]