Specialty shortage - Co said global shortage in specialty products, strong production and commercial execution drove Specialty Products & Solutions results
Renewables expansion - Montana Renewables completed first phase of MaxSAF 150 expansion and restarted operations in May, capturing robust renewable margins
Performance brands margin pressure - Record TruFuel sales offset by compressed margins due to price lag and higher feedstock costs
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil & gas refining and marketing peer group is "buy"
Wall Street's median 12-month price target for Calumet, Inc. is $36.00, about 14% below its August 6 closing price of $41.88
CLMT•
