Why Is CALUMET INC Equity (CLMT) Stock Up Today?

Why CLMT stock is up today

Calumet Inc (CLMT) rose 4.37% to $47.77 in early trading on the back of an upgraded credit rating from S&P. The agency raised Calumet’s rating to B- from a lower grade, citing stronger earnings performance. The stock opened with a 0.8% gap up from the previous close and climbed further throughout the session.

What Happened

S&P’s upgrade reflects improved financial performance, particularly in earnings, which has bolstered investor confidence. The stock reached an intraday high of $48.02 shortly after the market opened. Despite being unprofitable with a trailing twelve-month (TTM) earnings per share (EPS) of -1.57, Calumet has shown a 12.8% year-over-year revenue increase. The upgrade has provided a near-term catalyst for the stock, which is currently trading within its 52-week range of $15.79 to $51.50.

What The Data Shows

Intraday volume was light, with only 0.1 million shares traded so far, which is 0.1 times the 3-month daily average. The stock has been volatile over the past 30 days, with sentiment improving from an average of 55 out of 100 to 63 in the last week. Recent insider activity includes a single sale of $153,000 by director Daniel J. Sajkowski on July 1, 2026. The 52-week tape also showed six fresh 52-week highs on August 28, 2026.

What To Watch

Investors should monitor the company’s next earnings report for further insight into its financial trajectory. No earnings date was provided, but coverage from analysts remains limited to one story in the last 36 hours.