$CLMT Calumet Specialty (oil) Anyone have insight?


One of their refineries is in my home town. I see their EPS is not positive. I can also see why. The refinery near me in the las few years have bought out a restaurant, a mini mall, and a few other companies property just to expand their operations. Also according to my welding supply store they are in talks to purchase more land.

They also have a diversified products, renewable diesel, waxes, asphalt, solvents, specialty oils, and more.

I took a small position a few months ago. I’m hoping with these oil supply issues we will break that triple top and blow up.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *