{"schema_version":"secwatch.filing_event.v1","accession":"0001340122-24-000035","form_type":"8-K","ticker":null,"cik":"0001340122","company_name":"Calumet Specialty Products Partners, L.P.","filed_at":"2024-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.019645+00:00","generated_at":"2026-06-02T03:27:01.857122+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Calumet Specialty Products Q1 net loss $41.6M; Adjusted EBITDA falls to $21.6M from $77.3M","bullets":["Net loss of $41.6M ($0.51 basic net loss per unit) vs net income of $18.6M ($0.23 per unit) in Q1 2023.","Adjusted EBITDA $21.6M, down 72% from $77.3M in prior-year quarter.","Issued $200M 9.25% Senior Secured First Lien Notes due 2029; proceeds used to redeem existing notes.","C-Corp conversion plan on track; Montana Renewables posted positive EBITDA in March and operated at planned levels in April.","Specialty Products & Solutions segment Adjusted EBITDA $41.8M (down from $76.0M); Montana/Renewables segment $(14.5)M (down from $4.8M)."],"urls":{"canonical":"https://secwatch.observer/filing/0001340122-24-000035","json":"https://secwatch.observer/filing/0001340122-24-000035.json","markdown":"https://secwatch.observer/filing/0001340122-24-000035.md","text":"https://secwatch.observer/filing/0001340122-24-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1340122/000134012224000035/0001340122-24-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1340122/000134012224000035/clmt-20240510x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T03:27:01.857122+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"211f72a26617f4ba505c463db90dfc6e0c13ad70","claim":"Calumet Specialty Products Partners, L.P. reported first quarter ended March 31, 2024 results: net income $(41.6) million, EPS $(0.51) basic net loss per unit.","evidence_excerpt":"On May 10, 2024, Calumet Specialty Products Partners, L.P. reported results of operations for the quarter ended March 31, 2024, pursuant to a press release.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1340122/000134012224000035/0001340122-24-000035-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"$(41.6) million"},{"label":"EPS","value":"$(0.51) basic net loss per unit"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}