Calumet Specialty Products Partners LP (CLMT) News & EventsCLMTCalumet Specialty Products Partners LP

Calumet Reports Q2 Revenue of $1.45B

Reports Q2 revenue $1.45B vs. $1.03B last year. "Calumet continues to execute against every element of our multi-dimensional strategy," said Todd Borgmann, CEO. "Our integrated specialties platform delivered exceptional results in a strong margin environment, supporting $115 million of debt retirement in July. Further, Montana Renewables completed the first stage of our MaxSAF 150 expansion and is advancing toward a faster, highly capital-efficient next stage expansion. Combined, our operating momentum and favorable outlook position us to simultaneously accelerate deleveraging and advance our growth strategies across both businesses."

Montana Renewables Supplies Low Emission Fuel for Gulfstream G800

Montana Renewables, an unrestricted subsidiary of Calumet, collaborated with Gulfstream Aerospace Corp. and its partners as the exclusive fuel supplier for recent low emissions testing on the Gulfstream G800 aircraft. MRL provided MaxSAF to fuel the aircraft and Washington State University performed fuel property characterization in preparation for the flight.

Calumet Reports Q1 Revenue of $1.03B

Reports Q1 revenue $1.03B vs. $993.9M last year. "The first quarter of 2026 marked a pivotal moment in Calumet's transformation," said Todd Borgmann, CEO. "Late in the quarter, we saw the renewable fuels market fundamentally transformed following EPA's long-awaited SET2 RVO announcement in March, and we entered one of the strongest margin environments we've seen across both traditional and renewable energy markets. Further, we brought down Montana Renewables for a turnaround and MaxSAF 150 expansion in early March, and successfully commenced operations in early May. While these developments did not fully benefit first quarter financial results due to previously disclosed operational downtime at our Shreveport facility and the planned expansion work in Montana, Calumet is exceptionally well positioned to capture these tailwinds, accelerate deleveraging, and continue our long-term growth and value creation strategy."