Calumet Inc

Calumet Specialty Products Partners LP engages in the production of specialty hydrocarbon products. It operates through the following segments: Specialty Products, Fuel Products and Corporate. The Specialty Products segment produces lubricating oils, solvents, waxes, synthetic lubricants and other products. The Fuel Products segment is involved in the processing of crude oil into fuel and fuel-related products, including unleaded gasoline, diesel, and jet fuel, asphalt and other products. The Corporate segment consists of general and administrative expenses not allocated to the specialty products or fuel products segments. The company was founded on September 27, 2005 and is headquartered in Indianapolis, IN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Calumet Specialty Products Partners achieves record EBITDA, eyes growth opportunities

Calumet Specialty Products Partners reported strong financial performance in 2022, driven by specialty business growth and strategic focus on sustainability. While facing challenges in certain segments, the company is well-positioned for growth with opportunities in financing, expansion, and investments. Management's emphasis on innovation, collaboration, and financial discipline bodes well for future success.

Calumet Specialty Products Partners excels in Q1 earnings and growth strategies

Calumet Specialty Products Partners delivered a strong performance in Q1 2023, driven by robust earnings in specialty businesses and operational achievements at Montana Renewables.
The company's focus on debt reduction and potential IPO plans for Montana Renewables reflect strategic initiatives aimed at enhancing financial stability and growth prospects.
While facing challenges in sustaining growth momentum and executing debt reduction strategies, Calumet Specialty Products Partners remains poised to capitalize on opportunities for expansion and value creation.

Calumet Specialty Products Partners reports solid Q2 performance and growth opportunities

Calumet Specialty Products Partners showcased strong performance in Q2 2023, with notable achievements in Montana Renewables and Performance Brands businesses.
Despite challenges like severe weather impacting production, the company remains focused on growth opportunities and strategic initiatives.
With a focus on high-value applications and upcoming projects like MaxSAF expansion, Calumet is positioning itself for future success and profitability.

Calumet Specialty Products Partners reports strong Q3 performance and SAF growth opportunities

Calumet Specialty Products Partners showcased solid financial performance and progress in strategic transformation in Q3 2023.
Despite challenges such as operational issues and CFO transition, the company is well-positioned for growth and innovation in the SAF production sector.
Opportunities in producing Sustainable Aviation Fuel in North America and leveraging regulatory support mechanisms present avenues for future success.

Calumet transitions to C-Corp, excels in SAF production amid challenges

Calumet's Q4 performance reflects resilience amid challenges, with a strategic focus on sustainable aviation fuel production and debt management.
The company's conversion to a C-Corp aims to attract more investors and enhance shareholder value, supported by key growth initiatives.
Despite setbacks and challenges, Calumet is actively pursuing opportunities in SAF production, debt reduction, and market expansion for renewable products.

Calumet reports mixed Q1 results, focuses on growth opportunities

Calumet Specialty Products Partners reported mixed Q1 2024 results, with operational challenges at Montana Renewables but strength in Performance Brands and specialties business.
The company is focused on deleveraging, reducing debt levels, and proving the competitive advantage of Montana Renewables to attract investors.
Despite industry challenges and uncertainties, Calumet sees opportunities in the SAF sector, potential transactions, and the C-Corp conversion.
Investor sentiment is positive towards the C-Corp conversion, with expectations of increased trading liquidity and new institutional investors.

Calumet Inc reports robust Q2 earnings, eyes renewable energy growth

Calumet Inc's Q2 performance reflects strong financial results and operational achievements across its specialty and renewable businesses.
The company's focus on driving shareholder value through the C-Corp conversion and debt reduction efforts is evident in its strategic initiatives.
While facing challenges in regulatory monitoring and funding for expansion projects, Calumet remains optimistic about growth opportunities in renewable energy markets.

Calumet Inc (CLMT) reports robust Q3 performance and strategic advancements

Calumet Inc (CLMT) demonstrated strong financial performance and strategic advancements in Q3 2024, positioning the company for continued growth and value creation.
Management's focus on deleveraging, organic growth, and potential asset sales underscores a commitment to enhancing shareholder value and financial stability.
Analyst inquiries highlighted areas of interest and potential challenges, signaling a need for continued operational excellence and strategic decision-making.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Calumet, Inc. engages in the manufacturing, formulating, and marketing of a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. It operates through the following segments: Specialty Products & Solutions, Performance Brands, Montana/Renewables, and Corporate. The Specialty Products & Solutions segment consists of customer-focused solutions and formulations businesses, covering multiple specialty product lines, anchored by a unique integrated complex in Northwest Louisiana. The Performance Brands segment includes a fast-growing portfolio of high-quality, high performing brands. The Montana/Renewables segment is composed of a Great Falls specialty asphalt facility and Montana Renewables facility. The Corporate segment focuses on the general and administrative expenses not allocated to the Montana/Renewables, Specialty Products and Solutions, or Performance Brands segments. The company was founded in 1919 and is headquartered in Indianapolis, IN.

Calumet Specialty Products (CLMT) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

Calumet Specialty Products (CLMT) Surges: Stock Moves 5.5% Higher

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 817 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of September 30th, about a month before the elections. In this article we look at what those investors think of Calumet Specialty Products Partners, L.P (NASDAQ:CLMT).

Where Do Hedge Funds Stand On Calumet Specialty Products Partners (CLMT)?

INDIANAPOLIS, Nov. 9, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. ("Calumet," the "Partnership" or the "Company") (NASDAQ: CLMT), a leading independent producer of specialty hydrocarbon and fuels products, today announced Paul C. Raymond III was appointed to the Board...

Calumet Specialty Products Partners, L.P. Announces the Addition of Paul C.

Calumet Specialty Products Partners, L.P. (CLMT) CEO Steve Mawer on Q3 2020 Results - Earnings Call Transcript

INDIANAPOLIS, Nov. 6, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), a leading independent producer of specialty hydrocarbon and fuel products, today reported results for the third quarter ended September...

Calumet Specialty Products Partners, L.P. Reports Third Quarter 2020 Results

INDIANAPOLIS, Oct. 28, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), a leading independent producer of specialty hydrocarbon and fuel products, announced today that it plans to report results for the...

Calumet Specialty Products Partners, L.P. to Release Third Quarter 2020 Results on November 6

Amplify Energy Corp.

Lonestar Resources US

Contango Oil & Gas

Several publicly traded energy companies took millions of dollars in U.S. taxpayer-funded loans to support their businesses even as those firms had access to other ways to generate cash, according to a Reuters analysis of U.S. Securities and Exchange Commission and other government data.

Small energy players lean on taxpayers and Wall Street for coronavirus aid

California Ballot Measure That Exempts Uber, Lyft From Employing Drivers Lacks Needed Support, Poll Shows

For Calumet, Key Measures Are Improving

INDIANAPOLIS, Aug. 11, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P. Appoints Interim CFO and New CAO

Calumet Specialty Products Partners, L.P. (CLMT) CEO Stephen Mawer on Q2 2020 Results - Earnings Call Transcript

INDIANAPOLIS, Aug. 6, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P. Announces CFO Transition

Calumet Specialty Products Partners, L.P. Reports Second Quarter 2020 Results

INDIANAPOLIS, Aug. 5, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P. Announces Settlement of its Exchange Offer and Consent Solicitation

INDIANAPOLIS, July 30, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), a leading independent producer of specialty hydrocarbon and fuel products, today announced that it plans to report results for the.

Calumet Specialty Products Partners, L.P. to Release Second Quarter 2020 Results on August 6

INDIANAPOLIS, July 24, 2020 /PRNewswire/ -- On July 20, 2020, Calumet Specialty Products Partners, L.P. ("Calumet" or the "Company") (NASDAQ: CLMT) and Calumet Finance Corp.

Calumet Specialty Products Partners, L.P. Announces Details Surrounding its Exchange Offer and Consent Solicitation

Calumet's operations generated more than $60 million in cash during what might have been a weak quarter.

Reading Calumet Specialty Products' Tea Leaves

Calumet Specialty Products Partners' (CLMT) cash and cash equivalents rise to around $105 million at the end of the June quarter.

Calumet Specialty Units Jump on Rising Operating Cash Flow

INDIANAPOLIS, July 6, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. ("Calumet" or the "Company") (NASDAQ: CLMT) and Calumet Finance Corp. ("Finance Corp." and, together with the Company, the "Issuers") today announced that, with the support of the holders of a majority of...

Calumet Specialty Products Partners, L.P. Enters into Support Agreement and Announces Commencement of Exchange Offer for up to $200 Million of Outstanding 7.625% Senior Notes due 2022 and Consent Solicitation for Outstanding 11.00% Senior Notes due 2025

Calumet Specialty Products Partners (CLMT) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Is Calumet Specialty Products Partners (CLMT) Stock a Solid Choice Right Now?

NGL Energy Partners

Sprague Resources

Targa Resources

Is Oil & Gas Refining & Marketing MLP Industry Turning the Corner?

Armstrong Flooring

BlackBerry

Comstock Resources

XCel Brands

5 Stocks Under $5 for Newbie Traders

INDIANAPOLIS, June 2, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT), a leading independent producer of specialty hydrocarbon and fuels products, today announced that senior management will participate in the Bank of America Merrill Lynch 2020 Energy Credit...

Calumet Specialty Products Partners, L.P. to attend Bank of America Merrill Lynch 2020 Energy Credit Conference

Why Calumet Specialty Products Partners (CLMT) Stock Might be a Great Pick

Calumet Specialty Products Partners, L.P. (CLMT) CEO Steve Mawer on Q1 2020 Results - Earnings Call Transcript

Shares of Calumet Specialty (NASDAQ:CLMT) rose 8% after the company reported Q1 results.

News for Calumet Inc Stock (CLMT)