Calumet, Inc. /DE (CLMT) — Moat, Quality & Fair Value

Calumet, Inc. /DE (CLMT) has a None economic moat and a quality score of 14/100. It operates in the Energy sector.

Industry: Integrated Oil, Refining & Marketing · Energy

Market share (2025): 0.5% of Refiners in the US · 2.6% of Renewable fuels in the US (Montana Renewables)

Theme: Hydrogen & clean fuels (partial)

Economic moat: None. A none moat indicates no clear structural protection from competition. Learn more about how we classify moats in our guide to economic moats.

Quality score: 14/100. This score combines seven weighted pillars — returns on capital, margin strength, cash generation, financial health, durability, management, and moat & position. See how the quality score works.

The three-tier owner-earnings fair value estimate, price & fair-value chart, financial statements, and complete management evaluation for CLMT are available in the MoatScope app (14-day free trial, no card required). New to the framework? Start with the MoatScope guide.