Second quarter 2024 net loss of $39.1 million, or Limited partners' interest of $0.48 basic net loss per unit Second quarter 2024 Adjusted EBITDA of $66.8 million Successfully completed conversion of structure from a Master Limited Partnership ("MLP") to a C-Corp Montana Renewables ("MRL") achieved full production levels for the second quarter; produced approximately 7 million gallons of SAF Record volumes achieved in both Specialties and Renewables businesses INDIANAPOLIS, Aug. 9, 2024 /PRNewswire/ -- Calu ...

Investors, analysts and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call with accompanying presentation slides; parties interested in listening to the webcast may follow the link which will be made available at http://calumetspecialty.investorroom.com/events. For those participants wishing to dial into the call, please pre-register by following the link: https://dpregister.com/sreg/10190874/fd10bed026. A participant dial-in is also available ...

INDIANAPOLIS, July 10, 2024 /PRNewswire/ -- July 10, 2024 — Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), announced today that it has completed the previously announced conversion (the "Conversion") of its structure from a master limited partnership ("MLP") to a C-Corporation, pursuant to which the unitholders of the Partnership became shareholders of Calumet, Inc. ("New Calumet"). As previously announced, unitholders approved each proposal pre ...

INDIANAPOLIS, July 9, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), announced today that its unitholders voted to approve the previously announced conversion (the "Conversion") of its structure from a master limited partnership ("MLP") to a C-Corporation, pursuant to which the unitholders of the Partnership will become shareholders of Calumet, Inc. ("New Calumet") upon closing of the Conversion. About Calumet Certain statem ...

At the Special Meeting, the unitholders of Calumet will be asked to approve and adopt the previously announced Conversion proposal and such other proposals that are described in the proxy statement/prospectus. Calumet unitholders of record as of the close of business on May 24, 2024 are entitled to vote at the Special Meeting and will receive the definitive proxy statement in connection with Calumet's solicitation of proxies for the vote by Calumet unitholders. The Special Meeting will be held at 10:00 a.m. ...

Taiyou Nomachi/DigitalVision via Getty Images Calumet Specialty Products Partners (NASDAQ:CLMT) recently reported 1st Quarter results. They reflected extreme negative market effects from within the fossil energy markets. Extreme upward volatility with crude oil pricing plus recovery at MRL contributed to unsavory numbers. Admitted or not, America is also experiencing a rather deep recession. Two recent reports highlight a truer nature of the country's financial circumstances. On Friday, May 10, the Universi ...

INDIANAPOLIS, May 13, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet", "our", "we"), announced today plans to participate in TD Cowen's 2nd Annual Sustainability Week. Calumet will participate in a fireside chat on May 22, 2024, while holding one-on-one investor meetings throughout the day at the virtual conference. About Calumet Specialty Products Partners, L.P. Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) manufactures, formulates and markets a diversifi ...

21 | --- | --- | |---------------|---------------------| | Year \n2024 | Maturity \n$ 19.9 | | 2025 | 442.4 | | 2026 | 32.0 | | 2027 | 706.9 | | 2028 | 423.3 | | Thereafter | 477.9 | | Total | $ 2,102.4 | The Company is exposed to price risks due to fluctuations in the price of crude oil, refined products, natural gas and precious metals. The Company uses various strategies to reduce its exposure to commodity price risk. The strategies to reduce the Company's risk utilize both physical forward contracts and ...

Company Participants Conference Call Participants Operator At this time, I'd like to turn the floor over to John Kompa, Investor Relations for Calumet. Sir, please go ahead. You may now download the slides that accompany remarks made on today's conference call which can be accessed in the Investor Relations section of our website at calumat.com. Also, a webcast replay of this call will be available on our site within a few hours. Todd Borgmann Our current shareholder base is comprised of our general partner ...

Non-GAAP Financial Measures Adjusted EBITDA: We define Adjusted EBITDA for any period as: EBITDA adjusted for (a) impairment; (b) unrealized gains and losses from mark to market accounting for hedging activities; (c) realized gains and losses under derivative instruments excluded from the determination of net income (loss); (d) noncash equity-based compensation expense and other non-cash items (excluding items such as accruals of cash expenses in a future period or amortization of a prepaid cash expense) th ...