slowmotiongli/iStock via Getty Images Even companies like Calumet Specialty Products (NASDAQ:CLMT) with its brilliant future can experience the dreaded chart pattern labeled falling knife. Investopedia defines one, "[f]alling knife refers to a sharp drop, but there is no specific magnitude or duration…." Investors generally consider an unhindered drop without relief, a falling knife. This pattern is more prevalent with illiquid entities. Someone with a large enough position decides to exit regardless. S ...

INDIANAPOLIS, Jan. 23, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "Company," "we," "our" or "us"), announced two financing transaction updates today. These financings replace the Company's previous Supply and Offtake Agreements ("SOA") that provided financing for our Shreveport and Montana Refining facilities.  The Shreveport SOA has been replaced with a new SOA that we entered into with J. Aron on January 17, 2024.  Additionally, we increase ...

Okay. Thanks on that. And then on the MRL, the -- kind of what happened in the third quarter, the drum issue and all, I was wondering if we could get a little more clarity on the period at which you did achieve $1.25 to $1.45 margin, sort of, like what did you see in there? How well did the unit run? And is there upside from there if you're running really well, find the right markets, as you mentioned, whether it's Canada or somewhere else, just try to help understand, like, the real performance of the busi ...

© 2023 Calumet Specialty Products Partners, L.P. 15 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------|---------------|-----------|---------------|-------|---------------|-------------|-------------|-------------|-----------| | ($ in millions, except per barrel data) | 4Q 2021 | 1Q 2022 | 2Q 2022 | | 3Q 2022 | 4Q 2022 | 1Q 2023 | 2Q 2023 | 3Q 2023 | | Specialty Products and Solution segment gross profit | $19.2 | $17.7 | ...

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regu ...

| --- | --- | |---------------------|-------| | | | | | | | Second Quarter 2023 | | | Financial Results | | | August 4, 2023 | | This Presentation has been prepared by Calumet Specialty Products Partners, L.P. (the "Company," "Calumet," "we," "our," or like terms) and Montana Renewables LLC ("MRL") as of Aug 4, 2023. The information in this Presentation includes certain "forward-looking statements." These statements can be identified by the use of forward-looking terminology including "may," "intend," "beli ...

On the retail market, I think consistent with what's going on out there, there's a lot of, I'll call it, derisking by the big-box retailers. The consumer market has been strong on the service front. On the retail front, I think a lot of the retail market has been derisking inventory. It's led to some choppy demand on the retail side. The industrial side for our Performance Brands, on the question around how we've seen it strong, I think Todd or Vince alluded to in the earnings statements for the call, a lot ...

40 Expenses related to RFS compliance have the potential to remain a significant expense for our two segments containing fuels products. If legal or regulatory changes occur that have the effect of increasing our RINs Obligation or eliminating or narrowing the availability of the small refinery exemption under the RFS program, we could be required to purchase additional RINs in the open market, which may materially increase our costs related to RFS compliance and could have a material adverse effect on our ...

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Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 000-51734 Calumet Specialty Products Partners, L.P. Delaware 35-1811116 (State or Other Jurisdiction of Incorporation or Organization)(I.R.S. Employer Identificatio ...