secwatch.observer — SEC 8-K summary
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Issuer:     Calumet, Inc. /DE (CLMT)
CIK:        0002013745
Form:       8-K
Filed at:   2026-02-27T23:59:59+00:00
Accession:  0002013745-26-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calumet FY2025 net loss narrows to $33.8M; Adjusted EBITDA with Tax Attributes $293.3M
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- FY2025 net loss $33.8M vs $222.0M in 2024; basic loss per share $0.39 vs $2.67.
- Full-year Adjusted EBITDA with Tax Attributes $293.3M, up 28% from $229.3M.
- Specialty Products & Solutions segment posted record production; Adjusted EBITDA $88.5M in Q4 vs $51.9M a year ago.
- Reduced recourse debt by $222M in 2025; completed $405M private placement of 9.75% senior notes due 2031 in Jan 2026.
- Montana Renewables MaxSAF 150 expansion on track for Q2 2026; segment reported $(5.4)M Adj EBITDA with Tax Attributes in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013745/000201374526000003/0002013745-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013745/000201374526000003/clmt-20260227x8k.htm
  HTML page:      https://secwatch.observer/filing/0002013745-26-000003

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