NasdaqGS:CLMTOil and Gas
Calumet (CLMT) Valuation Reassessed After Crude Price Spike And Refining Margin Concerns
The latest military conflict threatening the Strait of Hormuz has driven a sharp spike in crude prices, and Calumet (CLMT) is being treated as exposed to higher feedstock costs and pressured refining margins.
See our latest analysis for Calumet.
Beyond the latest crude shock and debt financing moves, Calumet’s share price has pulled back 5.95% over the past week but still sits at US$28.59, with a 90 day share price return of 40.01% and a very strong 1 year total shareholder return of 137.06%,...