secwatch.observer — SEC 8-K summary
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Issuer:     Calumet, Inc. /DE (CLMT)
CIK:        0002013745
Form:       8-K
Filed at:   2026-08-07T12:05:14+00:00
Accession:  0002013745-26-000022
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calumet Q2 net loss $95.9M but Adjusted EBITDA $159.3M; retires $115M debt
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- Q2 2026 net loss $95.9M ($1.09/share) vs $147.9M loss year ago; non-cash RINs expense $163.6M and $9M unrealized derivative gain.
- Adjusted EBITDA $159.3M vs $55.1M prior year; Adjusted EBITDA with Tax Attributes $175.2M vs $76.5M.
- SPS segment Adjusted EBITDA $161.7M vs $66.8M; PB $6.3M vs $13.5M; Montana/Renewables with tax attributes $26.6M vs $16.3M.
- Retired $115M debt in July: redeemed $100M 9.75% Senior Notes due 2028 at 102.438% plus interest; repaid $15.5M Montana terminal financing.
- Montana Renewables completed first phase of MaxSAF 150 expansion; record TruFuel quarterly sales in Performance Brands.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013745/000201374526000022/0002013745-26-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013745/000201374526000022/clmt-20260807.htm
  HTML page:      https://secwatch.observer/filing/0002013745-26-000022

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