Calumet Stock Price, News & Analysis

Calumet (NASDAQ: CLMT) reported Q2 2025 results with a net loss of $147.9 million ($1.70 loss per share) and Adjusted EBITDA with Tax Attributes of $76.5 million. The company achieved $42 million in year-over-year operating cost savings through H1 2025.

Key highlights include: Montana Renewables remains on track for 120-150 million gallons of annual SAF production by Q2 2026, operating costs reduced to $0.43 per gallon, and the company called $230 million of 2026 Senior Notes. The Specialties segment showed strong margin expansion despite a planned facility turnaround, while Performance Brands maintained robust margins, particularly in TruFuel brand.

[ "Cost reduction initiatives delivered $42 million in year-over-year operating savings through H1 2025", "Montana Renewables achieved lowest operating costs since launch at $0.43 per gallon", "Successfully called $230 million of 2026 Senior Notes, enhancing capital structure", "Specialties business demonstrated significant margin expansion and strong sales volumes", "Montana Renewables on track for 120-150 million gallons of SAF production by Q2 2026" ]

Calumet (NASDAQ:CLMT) has secured a renewed and upsized terminal lease facility with Eldridge Diversified Credit for its Shreveport, LA terminal. The transaction values the terminal assets at $120 million and provides $80 million in net proceeds which will be used to reduce Calumet's outstanding 11.00% Senior Notes due 2026.

This deal builds on Eldridge's significant investment history with Calumet, having deployed over $650 million through its affiliate Stonebriar Commercial Finance over the past five years. Eldridge's Diversified Credit strategy has originated over $16 billion since 2015, positioning it as North America's largest private independent equipment financier.

Calumet (NASDAQ: CLMT), a specialty branded products and renewable fuels manufacturer, has announced its participation in two major investor conferences in September 2025. The company will attend the Barclays 39th Annual CEO Energy-Power Conference on September 3rd, conducting one-on-one investor meetings. Additionally, Calumet will present and hold investor meetings at the H.C. Wainwright 27th Annual Global Investment Conference on September 8th.

Calumet operates twelve facilities across North America, focusing on manufacturing and formulating specialty products for consumer-facing and industrial markets.

Calumet (NASDAQ: CLMT) has extended its Shreveport terminal asset financing arrangement with Stonebriar Commercial Finance, increasing the asset value to $120 million. The transaction will provide $80 million in proceeds to Calumet, reflecting the difference between the new value and the remaining $40 million balance on the prior schedule.

The financing carries a 10.75% cost of capital, and proceeds will be used to partially redeem Calumet's 11.00% Senior Notes due 2026. The company has initiated a redemption of $80 million of these notes at par value, with the redemption date set for August 12, 2025. The previous sale-leaseback agreement valued these assets at $70 million with a scheduled repurchase in February 2027.

[ "Asset value increase from $70M to $120M demonstrates significant facility improvement", "Reduction in interest expense by refinancing 11.00% notes with 10.75% financing", "Strategic deleveraging of balance sheet through debt refinancing" ]

Calumet (NASDAQ: CLMT) has scheduled its Second Quarter 2025 earnings release for August 8, 2025. The company will host a conference call to discuss financial and operational results on the same day at 9:00 AM ET.

Interested parties can access the presentation through a webcast available on Calumet's investor relations website. Participants can also join via telephone by pre-registering online or using the toll-free numbers: 1-844-695-5524 (US) or 1-412-317-0700 (International). A replay of the conference call will be available on the company's website shortly after the event.

Calumet (NASDAQ: CLMT), a manufacturer of specialty branded products and renewable fuels, has announced its participation in two major investor conferences in June 2025. The company will attend the Bank of America Securities Energy and Power Credit Conference on June 5th and the Wells Fargo Industrials & Materials Conference on June 11th. At both events, Calumet will conduct one-on-one meetings with investors.

Headquartered in Indianapolis, Calumet operates twelve facilities across North America, serving various consumer-facing and industrial markets with its diversified product portfolio.

Calumet (NASDAQ: CLMT) reported Q1 2025 results with a net loss of $162.0 million ($1.87 per share), compared to a loss of $41.6 million in Q1 2024. Adjusted EBITDA with Tax Attributes was $55.0 million. Key developments include: - Received $782 million DOE loan funding in February 2025 - Sold Royal Purple® industrial business for $110 million - Announced $150 million partial redemption of 2026 Notes - Achieved $22 million year-over-year reduction in operating costs - Plans to accelerate MaxSAF™ expansion to reach 120-150 million gallon SAF capacity by Q2 2026 for $20-30 million - Maintained strong liquidity of $542.7 million Segment performance showed mixed results with Specialty Products Solutions and Performance Brands posting positive Adjusted EBITDA of $56.3M and $15.8M respectively, while Montana/Renewables reported $3.3M Adjusted EBITDA with Tax Attributes.

Calumet (NASDAQ: CLMT) has announced it will release its First Quarter 2025 financial results on May 9, 2025. The company will host a conference call and webcast at 9:00 AM ET on the same day to discuss the quarterly performance and operational results.

Interested investors, analysts, and media representatives can access the live presentation through a webcast link available on Calumet's investor relations website. Participants who prefer to dial in can pre-register for the call or use the toll-free numbers: 1-844-695-5524 (US) or 1-412-317-0700 (International). A replay of the conference call will be made available on the company's website shortly after the event.

Calumet (NASDAQ: CLMT) has completed the sale of its Royal Purple® industrial business assets to Lubrication Engineers, Inc., a portfolio company of Aurora Capital Partners, for $110 million in cash. The sold assets include industrial gear lubricants, bio-environmental lubricants, and various industrial oils, along with an exclusive brand license for industrial applications.

The divested industrial segment generated approximately $29 million in total sales during 2024. Calumet retained ownership of the Porter, Texas manufacturing site and the consumer portion of Royal Purple®, which focuses on automotive products sold through national retail and specialty auto parts stores. The company plans to use the proceeds primarily for debt reduction.

Additionally, Calumet announced the termination of its at-the-market (ATM) equity offering program, which was announced in January 2025 but was never utilized.