Calumet, Inc. Price & Performance (CLMT)

Calumet has finalized the $110 million sale of its Royal Purple industrial assets, retaining its consumer automotive line and Porter, Texas plant. Proceeds will primarily reduce debt, strengthening financial stability. The divestiture, which removes a $29 million annual revenue stream, is seen as a move toward focusing on higher-margin products and improving capital structure.12

Calumet shares have fallen 29% over the past month, deepening a 38% loss over the last year. Despite a low price-to-sales ratio compared to sector peers, concerns linger about future revenue declines and overall risk. The market appears wary, with analysts urging deeper scrutiny before considering the stock a bargain.34

Calumet Specialty Products Partners maintains a moderate buy consensus, but recent earnings remain negative with a P/E ratio of -3.54. While earnings are projected to improve, short interest remains elevated at nearly 13% of float. The company faces pressure to deliver on growth expectations amid ongoing volatility.56