Calumet Specialty Products (CLMT) has disclosed a new risk, in the Costs category.
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Calumet Specialty Products may confront considerable business risks due to rising transportation costs for its renewable feedstock materials and transportation fuels. As the company depends on railroad and trucking services susceptible to weather, regulatory changes, and operational hazards, increased climate risks and potential new safety regulations could disrupt delivery systems or impose higher costs. Such disruptions or cost hikes could materially impair Calumet’s sales revenues and operational expenses, especially if these changes do not equally affect competitors, potentially undermining the company’s market position.
Overall, Wall Street has a Strong Buy consensus rating on CLMT stock based on 4 Buys.
To learn more about Calumet Specialty Products’ risk factors, click here.