MetaCap

Calumet (CLMT) vs Equinor ASA (EQNR)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Calumet (CLMT) has outperformed Equinor ASA (EQNR) over the past year, gaining 208.1% versus a gain of 63.9%. Over five years, CLMT leads with a +435.6% price change compared with +52.7% for EQNR. Equinor ASA is the larger company by market cap ($98.58 billion vs $4.95 billion), about 19.9 times the size.

On valuation, Equinor ASA trades at a lower forward P/E (9.0x vs 89.3x for Calumet). Equinor ASA pays a dividend yielding 3.70%, while Calumet does not currently pay one. Equinor ASA converts more of its revenue into profit, with a net margin of 4.7% versus -0.8%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CLMT+208.10%EQNR+63.88%
+235%+106%-23%
Oct 7, 20251 yearOct 7, 2026
CLMT+417.85%EQNR+58.03%
+466%+214%-38%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CLMT versus EQNR key metrics
MetricCLMTEQNR
Share price$56.29$41.61
Market cap$4.95B$98.58B
1-day change+0.14%-3.26%
YTD return+183.29%+76.09%
1-year return+208.10%+63.88%
5-year return+435.59%+52.70%
P/E ratio (TTM)—11.37
Forward P/E89.359.02
EPS (TTM)$-1.55$3.66
Dividend yield0.00%3.70%
Annual dividend$0.00$1.54
Revenue (latest FY)$4.14B$106.46B
Revenue growth (YoY)-1.25%+2.59%
Net income (latest FY)$-33.80M$5.04B
Gross margin5.94%48.18%
Operating margin2.63%23.81%
Net margin-0.82%4.74%
52-week high$59.87$45.84
52-week low$17.42$22.26
Distance from 52-week high-5.98%-9.23%
Analyst consensusnonehold
Avg. price target upside-5.13%-6.68%
Average volume1.33M3.48M
Shares outstanding87.90M2.37B
Employees1,54023,545
SectorEnergyEnergy
IndustryIntegrated oil CompaniesIntegrated oil Companies

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Equinor ASA is about 19.9 times larger than Calumet by market value ($98.58B vs $4.95B).
  • CLMT has outperformed EQNR by 144.2 percentage points over the past year.
  • Equinor ASA offers a meaningfully higher dividend yield (3.70% vs 0.00%).
  • Equinor ASA is more profitable, keeping 4.7 cents of every revenue dollar as net income versus -0.8 cents for Calumet.

About Calumet

CLMT stock →

Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally.

Energy · Integrated oil Companies · 1,540 employees

About Equinor ASA

EQNR stock →

Equinor ASA operates as an energy company in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; and Renewables segments.

Energy · Integrated oil Companies · 23,545 employees

CLMT vs EQNR FAQ

Which is bigger, Calumet or Equinor ASA?

Equinor ASA (EQNR) is larger, with a market capitalization of $98.58B compared with $4.95B for Calumet (CLMT).

Which stock has performed better over the past year, CLMT or EQNR?

CLMT returned +208.10% over the past 12 months, compared with +63.88% for EQNR (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Calumet or Equinor ASA?

Equinor ASA pays a dividend yielding 3.70%, while Calumet does not currently pay a regular dividend.

Are Calumet and Equinor ASA in the same industry?

Yes. Both are classified in the Integrated oil Companies industry within the Energy sector.

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