secwatch.observer — SEC 8-K summary
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Issuer:     Calumet, Inc. /DE (CLMT)
CIK:        0002013745
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001558370-25-010857
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calumet Q2 net loss widens to $147.9M; Adjusted EBITDA $55.1M
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- Net loss of $147.9M ($1.70 per share) vs $39.1M loss a year ago; Adjusted EBITDA $55.1M vs $74.8M.
- Montana Renewables segment reported $16.3M Adjusted EBITDA with Tax Attributes, up from $8.7M, on record volumes.
- Company-wide operating cost savings reached $42M year-over-year in first half; called $230M of 2026 Senior Notes.
- Specialties segment Adjusted EBITDA $66.8M, down from $72.7M, impacted by planned Shreveport turnaround.
- Montana Renewables on track for 120-150M gallons SAF production by Q2 2026; operating costs fell to $0.43/gallon.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013745/000155837025010857/0001558370-25-010857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013745/000155837025010857/clmt-20250808x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-010857

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