secwatch.observer — SEC 8-K summary
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Issuer:     Calumet, Inc. /DE (CLMT)
CIK:        0002013745
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0002013745-26-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calumet Q1 2026 net loss $317M; Shreveport outage, Montana turnaround completed
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- Net loss $317M, basic loss $3.64/share vs $162M loss ($1.87/share) year ago.
- Adjusted EBITDA $27.6M; Adjusted EBITDA with Tax Attributes $50.1M.
- Shreveport unplanned outage from organic chloride contamination lost ~750k bbl; resumed early April.
- Montana Renewables finished turnaround and MaxSAF 150 expansion; operations commenced early May.
- Non-cash items: $147.4M RINs expense, $102.7M unrealized derivative loss, $37.9M equity-based comp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013745/000201374526000013/0002013745-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013745/000201374526000013/clmt-20260331x8k.htm
  HTML page:      https://secwatch.observer/filing/0002013745-26-000013

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