Welcome to our dedicated page for Calumet news (Ticker: CLMT), a resource for investors and traders seeking the latest updates and insights on Calumet stock.
Calumet, Inc. reports developments across its specialty products, branded performance products and renewable fuels operations. The company manufactures, formulates and markets specialty branded products and renewable fuels for consumer-facing and industrial markets, with recurring updates tied to Specialty Products & Solutions, Montana Renewables and Performance Brands.
Company news commonly covers quarterly results, Adjusted EBITDA commentary, RINs and other environmental attributes, facility operations at Shreveport, Montana Renewables projects including MaxSAF®, and product activity such as TruFuel®. Other recurring items include senior-note and credit-facility actions, shareholder voting matters, board composition and investor-event participation.
Calumet (NASDAQ: CLMT) announced a revised, capital-efficient MaxSAF® expansion at Montana Renewables, targeting approximately 200 million gallons/year of Sustainable Aviation Fuel (SAF) and 17,000 barrels per day of total renewable product sales by year-end 2028. Remaining project capital is cut to $137 million, versus the $1.2 billion previously contemplated.
The DOE Loan Guarantee Agreement is amended, reducing Phase 2 availability from up to $658 million to a single final draw of $34 million, with the balance expected to be funded from Montana Renewables earnings. The new plan requires no third-party equity, avoiding dilution. Repurposed Calumet Montana Refining assets under long-term lease and six smaller, quick-payback projects support the ramp from a current 60 million-gallon SAF run-rate to about 80 million by year-end 2026, 120 million by Spring 2027, and 200 million by year-end 2028, while capturing roughly 20 million gallons/year of additional saleable propane and butane.
Calumet (NASDAQ: CLMT) announced that it plans to attend the Barclays 40th Annual Energy-Power Conference on Thursday, September 10, where it will hold one-on-one investor meetings throughout the day. Calumet manufactures, formulates, and markets specialty branded products and renewable fuels, operates twelve North American facilities, and is headquartered in Indianapolis, Indiana.
Calumet (NASDAQ: CLMT) reported a second quarter 2026 net loss of $95.9 million, or $(1.09) per share, versus a $147.9 million loss a year earlier, with results heavily impacted by $163.6 million of non-cash RINs expense and derivative mark-to-market effects.
Adjusted EBITDA was $159.3 million and Adjusted EBITDA with Tax Attributes was $175.2 million, up from $55.1 million and $76.5 million, respectively, in Q2 2025. The Specialty Products and Solutions segment generated Adjusted EBITDA of $161.7 million, more than doubling year over year, while Montana/Renewables delivered $26.6 million of Adjusted EBITDA with Tax Attributes and Performance Brands posted $6.3 million.
According to Calumet, strong specialty margins and operations supported $115 million of July debt reduction, including redemption of $100 million 9.75% senior notes due 2028 and repayment of a $15.5 million Montana terminal asset financing.
Calumet (NASDAQ: CLMT) announced that its unrestricted subsidiary Montana Renewables (MRL) has joined the Minnesota SAF Hub to mark new Sustainable Aviation Fuel (SAF) supply to Minneapolis–St. Paul International Airport (MSP). MRL will supply up to 30 million gallons of neat SAF annually to MSP through its existing Shell offtake agreement.
MRL’s partnership with the Minnesota SAF Hub started in 2024, when it delivered winter camelina-based SAF used in Delta Air Lines’ first commercial flight in North America using camelina SAF. MRL produces SAF, renewable diesel, renewable hydrogen and renewable naphtha from low‑carbon feedstocks sourced from Pacific Northwest agricultural operations.
Calumet (NASDAQ: CLMT) announced it will release its Second Quarter 2026 financial and operational results on August 7, 2026. A conference call and live webcast to discuss the results is scheduled for 9:00 AM ET the same day, with slides available via the company’s investor events webpage.
Listeners can access the call through a pre-registration link or by dialing 1-844-695-5524 (US toll-free) or 1-412-317-0700 (international), requesting the Calumet call. A replay will be posted on the investor relations events section after the event.
Montana Renewables (NASDAQ:CLMT) served as the exclusive fuel supplier for Gulfstream G800 low emissions testing, providing its MaxSAF sustainable aviation fuel. Washington State University characterized fuel properties for the campaign, which compared conventional Jet-A, low-sulfur Jet-A and 100% neat HEFA SAF up to 50,000 feet.
Preliminary results indicate a measurable reduction in contrail-forming particulate emissions when operating on neat SAF, supporting the role of sustainable aviation fuel in lowering non-CO2 emissions. Montana Renewables’ CEO highlighted ongoing efforts to expand SAF production to meet growing industry demand.
Calumet (NASDAQ: CLMT) announced that its subsidiaries will redeem all outstanding $100 million 9.75% Senior Notes due 2028, originally issued in January 2025. The notes are scheduled to be redeemed on July 15, 2026 at 102.438% of principal, plus accrued and unpaid interest.
CFO David Lunin said the action supports balance sheet strengthening, interest expense reduction and ongoing deleveraging, alongside reduced borrowings under the revolving credit facility.
Calumet (NASDAQ: CLMT) will attend the Wells Fargo Industrials & Materials Conference on June 9, 2026. The company plans to hold one-on-one investor meetings during the event.
Calumet manufactures and markets specialty branded products and renewable fuels across diverse consumer and industrial markets in North America.
Calumet (NASDAQ: CLMT) will attend the Bank of America Energy and Power Credit Conference on Thursday, June 4, holding one-on-one investor meetings. Calumet manufactures and markets specialty branded products and renewable fuels, serves consumer and industrial markets, and operates twelve facilities across North America from its Indianapolis headquarters.
Calumet (NASDAQ: CLMT) announced plans to attend the Goldman Sachs Leverage Finance Conference on Thursday, May 28. Company representatives will also hold one-on-one investor meetings throughout the day, offering institutional investors direct access to management and insights into Calumet's specialty products and renewable fuels business.