Calumet stock gains 1.36 percent as financing boosts liquidity

Published on 10/05/2026 at 22:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Calumet stock was last at USD 56.03 on October 5, 2026, with a 1.36 percent daily gain. Its USD 600 million credit facility supports MaxSAF expansion.

CLMT, US1314281049, Illustration mit AI erstellt.

Calumet stock (ISIN US1314281049) was last at USD 56.03 on Nasdaq on October 5, 2026, up 1.36 percent from the prior close. The move follows a financing update that increased liquidity for the company's renewable-fuels expansion.

Credit capacity reaches USD 600 million

On September 14, 2026, Calumet announced that its amended asset-based loan facility lifted total commitments by USD 100 million to USD 600 million, with maturity remaining in January 2031. PR Newswire also reported that Montana Renewables received its final USD 34 million draw under an amended Department of Energy loan guarantee.

The same release said remaining capital for the MaxSAF expansion had been reduced to USD 137 million from the USD 1.2 billion contemplated in the original Phase 2 plan. That difference changes the financing profile of the project, although the facility remains subject to borrowing-base limitations.

Revenue growth meets a loss

Calumet's second-quarter 2026 revenue reached USD 1.45 billion, up 40.8 percent from USD 1.03 billion in the second quarter of 2025. The company reported a GAAP net loss of USD 95.9 million, narrower than the USD 147.9 million loss in the year-earlier quarter, according to MarketBeat.

Adjusted loss per share was USD 1.09 versus a USD 0.07 consensus estimate, a miss of USD 1.16. The contrast between higher sales and continuing losses leaves operating improvement and project execution as the central financial questions for the next report.

Analysts see a lower target

MarketBeat reported on September 27, 2026, that seven brokerages held a consensus rating of Hold, with four Hold ratings, two Buys and one Sell. The average 12-month price target was USD 51.75, below the stock price cited in that report.

Separately, Yahoo Finance listed a USD 40.00 low target, a USD 53.40 average target and a USD 75.00 high target, while showing H.C. Wainwright raising its target from USD 60.00 to USD 75.00 on September 2, 2026. The range underscores the wide spread in expectations around Calumet's specialty products and renewable-fuels strategy.

Calumet stock holds a high valuation range

Calumet stock was last at USD 56.03 on Nasdaq on October 5, 2026, with a market capitalization of USD 4.9 billion. Its 52-week range was USD 17.42 to USD 59.87, placing the latest quote USD 3.84 below the high, or 6.4 percent under that level.