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Calumet: Now We Know More About Its Positive Financial Future
CLMTCalumet Specialty Products Partners(CLMT) Seeking Alpha·2024-08-19 10:11

J Studios/DigitalVision via Getty Images Calumet, Inc. (NASDAQ:CLMT) reported its 2nd quarter with results in line with analysts and slightly lower than our last estimate. Great Falls asphalt business reported results $10 million less than our guess being the major difference. But management offered otherwise expected results and important and significant hints on how the balance sheet will be fixed. The market responded with a significant positive change in the stock price. This article continues our long ...