secwatch.observer — SEC 8-K summary
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Issuer:     Calumet, Inc. /DE (CLMT)
CIK:        0002013745
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0002013745-24-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calumet reports Q3 net loss of $100.6M; Adjusted EBITDA $49.8M; DOE loan $1.44B
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- Net loss $100.6M ($1.18 per share) vs net income $99.8M in Q3 2023.
- Adjusted EBITDA $49.8M, down from $75.4M YoY; specialties segment at record production.
- Montana Renewables set new SAF production record; conditional $1.44B DOE loan commitment.
- MLP-to-C-Corp conversion completed in July 2024.
- Planned November turnaround at Great Falls; corporate costs $19.1M vs $14.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013745/000201374524000021/0002013745-24-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013745/000201374524000021/clmt-20241108x8k.htm
  HTML page:      https://secwatch.observer/filing/0002013745-24-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer