Calumet, Inc.

NasdaqGS:CLMT Stock Report

Market Cap: US$1.4b

Calumet Management

Management criteria checks 4/4

Calumet's CEO is Louis Borgmann, appointed in May 2022, has a tenure of 2.75 years. total yearly compensation is $2.50M, comprised of 29.4% salary and 70.6% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $2.83M. The average tenure of the management team and the board of directors is 3.4 years and 5.3 years respectively.

Key information

Louis Borgmann

Chief executive officer

US$2.5m

Total compensation

CEO salary percentage29.4%
CEO tenure2.8yrs
CEO ownership0.2%
Management average tenure3.4yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Calumet, Inc. (NASDAQ:CLMT) Could Be Riskier Than It Looks

Feb 04
Calumet, Inc. (NASDAQ:CLMT) Could Be Riskier Than It Looks

Update On Calumet, My Largest Investment

Jan 13

The Returns On Capital At Calumet (NASDAQ:CLMT) Don't Inspire Confidence

Jan 12
The Returns On Capital At Calumet (NASDAQ:CLMT) Don't Inspire Confidence

Long-Term Investing In Calumet Specialty Products

Nov 17

Is There An Opportunity With Calumet, Inc.'s (NASDAQ:CLMT) 26% Undervaluation?

Nov 11
Is There An Opportunity With Calumet, Inc.'s (NASDAQ:CLMT) 26% Undervaluation?

There's No Escaping Calumet, Inc.'s (NASDAQ:CLMT) Muted Revenues Despite A 28% Share Price Rise

Oct 16
There's No Escaping Calumet, Inc.'s (NASDAQ:CLMT) Muted Revenues Despite A 28% Share Price Rise

Calumet: A Compelling Energy Transition Turnaround

Oct 16

Calumet (NASDAQ:CLMT) Could Become A Multi-Bagger

Oct 04
Calumet (NASDAQ:CLMT) Could Become A Multi-Bagger

Calumet: Near Term Catalysts For A Pop

Sep 23

Calumet, Inc. (NASDAQ:CLMT) Soars 43% But It's A Story Of Risk Vs Reward

Aug 30
Calumet, Inc. (NASDAQ:CLMT) Soars 43% But It's A Story Of Risk Vs Reward

Calumet Converted To A C-Corp, So What's Next

Jul 25

Little Excitement Around Calumet, Inc.'s (NASDAQ:CLMT) Revenues

Jul 16
Little Excitement Around Calumet, Inc.'s (NASDAQ:CLMT) Revenues

CEO Compensation Analysis

How has Louis Borgmann's remuneration changed compared to Calumet's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$230m

Jun 30 2024n/an/a

-US$30m

Mar 31 2024n/an/a

-US$12m

Dec 31 2023US$3mUS$735k

US$47m

Sep 30 2023n/an/a

US$20m

Jun 30 2023n/an/a

-US$65m

Mar 31 2023n/an/a

-US$58m

Dec 31 2022US$4mUS$569k

-US$170m

Sep 30 2022n/an/a

-US$179m

Jun 30 2022n/an/a

-US$143m

Mar 31 2022n/an/a

-US$205m

Dec 31 2021US$1mUS$334k

-US$255m

Compensation vs Market: Louis's total compensation ($USD2.50M) is below average for companies of similar size in the US market ($USD5.35M).

Compensation vs Earnings: Louis's compensation has been consistent with company performance over the past year.

CEO

Louis Borgmann (41 yo)

2.8yrs

Tenure

US$2,502,040

Compensation

Mr. Louis Todd Borgmann is Director of Calumet GP, LLC at Calumet, Inc. since July 2024 and serves as its Chief Executive Officer since May 01, 2022 and serves as its President. Mr. Borgmann has been Chief...

Leadership Team

NamePositionTenureCompensationOwnership
Louis Borgmann
President2.8yrsUS$2.50m0.20%
$ 2.8m
Vincent Donargo
Chief Accounting Officer & Principal Accounting Officerless than a yearUS$434.40k0%
$ 0
Gregory Morical
Senior VP12.8yrsUS$864.50k0%
$ 0
Bruce Fleming
Executive Vice President of Montana Renewables & Corporate Development of Calumet GP4yrsUS$2.23m0%
$ 0
Scott Obermeier
Executive Vice President of Specialties of Calumet GP5.1yrsUS$765.61k0.22%
$ 3.2m
David Lunin
Executive VP & CFO of Calumet GP1.1yrsno datano data
John Kompa
Director of Investor Relationsno datano datano data
Chris Hodges
Alpha IRno datano datano data

3.4yrs

Average Tenure

53yo

Average Age

Experienced Management: CLMT's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Louis Borgmann
Presidentless than a yearUS$2.50m0.20%
$ 2.8m
Karen Twitchell
Independent Director of Calumet GP2.5yrsUS$201.00kno data
John Boss
Independent Director of Calumet GP2.5yrsUS$226.11k0%
$ 0
Paul Raymond
Director of Calumet GP4.3yrsUS$220.00k0.018%
$ 262.2k
Stephen Mawer
Chairman of the Board of Calumet GP8.9yrsUS$1.30m0.23%
$ 3.3m
James Carter
Director of Calumet GP19.1yrsUS$235.33k0.46%
$ 6.5m
Jennifer Straumins
Independent Director of Calumet GP4yrsUS$185.00k1.38%
$ 19.6m
Daniel Sheets
Independent Director of Calumet GP6.3yrsUS$238.00k0.078%
$ 1.1m
Amy Schumacher
Independent Director of Calumet GP10.4yrsUS$212.00k0.28%
$ 4.0m
Daniel Sajkowski
Independent Director of Calumet GP10.4yrsUS$188.75k0.19%
$ 2.7m

5.3yrs

Average Tenure

63yo

Average Age

Experienced Board: CLMT's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 09:20
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Calumet, Inc. is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrossBarclays
Jason SmithBofA Global Research
Manav GuptaCredit Suisse