Calumet, Inc. (CLMT) Analyst Update Call (Transcript)

Calumet, Inc. (CLMT)

Analyst Update Call

January 13, 2025 09:00 AM ET

Company Participants

John Kompa - Director, IR

Todd Borgmann - Chief Executive Officer

Bruce Fleming - EVP, Montana Renewables and Corporate Development

Conference Call Participants

Roger Read - Wells Fargo

Neil Mehta - Goldman Sachs

Saumya Jain - UBS

Jason Gabelman - TD Cowen

Amit Dayal - H.C. Wainwright

Presentation

Operator

Good morning, and welcome to the Calumet Inc. Analyst update. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to John Kompa, Investor Relations for Calumet. Please go ahead.<...

SA Transcripts on Seeking Alpha | January 13, 2025

Calumet, Inc. to Hold Analysts Update Call on January 13, 2025

Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us"), announced today that it plans to hold an analysts call on January 13, 2025, at 9:00 a.m. ET to discuss the closing of its $1.44 billion guaranteed loan with the U.S. Department of Energy Loan Programs Office.

Yahoo | January 10, 2025

Montana Renewables Announces Closing of $1.44 Billion DOE Loan Facility for Renewable Fuels and Biomass Energy Facility

Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we," "our" or "us") announced today the closing of a $1.44 billion guaranteed loan facility with the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO"). The loan will fund the construction and expansion of the renewable fuels facility owned by Montana Renewables, LLC ("Montana Renewables" or "MRL"), an unrestricted subsidiary of Calumet.

Yahoo | January 10, 2025

Here's What's Concerning About Calumet's (NASDAQ:CLMT) Returns On Capital

When researching a stock for investment, what can tell us that the company is in decline? When we see a declining...

Yahoo | December 22, 2024

Here’s Crossroads Capital’s Updates on Calumet (CLMT)

Crossroads Capital LLC, an investment management company released its third quarter 2024 investor letter. A copy of the same can be downloaded here. The Crossroads Capital Investment Partners, LP returned 4.2% net of all fees and expenses, bringing YTD net returns to 8.9%. The fund has compounded at 15.7% and 17.9% net, respectively, since inception, […]

Yahoo | December 18, 2024

Montana Renewables Receives Approval of Excise Tax Registration

Montana Renewables, LLC announced today that it has received approval of its Excise Tax Registration from the Internal Revenue Service. Registration is the first step toward allowing the business to claim clean fuel Production Tax Credits (PTC) for existing production under Internal Revenue Code Section 45Z. Montana Renewables, LLC, which operates a U.S. qualified production facility, is registered as both a producer of clean transportation fuel and sustainable aviation fuel (SAF). The Section 4

Yahoo | December 12, 2024

Individual investors who hold 45% of Calumet, Inc. (NASDAQ:CLMT) gained 3.4%, institutions profited as well

Key Insights The considerable ownership by individual investors in Calumet indicates that they collectively have a...

Yahoo | December 1, 2024

Calumet Announces Settlement of its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025 and Issues Notice of Full Redemption for the Remaining 11.00% Senior Notes due 2025

Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") and its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") and Calumet Finance Corp. ("Finance Corp." and, together with the Partnership, the "Issuers"), today announced the final settlement of the previously announced private exchange offer (the "Exchange Offer") to certain holders of their 11.00% Senior Notes due 2025 (the "Old Notes") to exchange any and all of the Old Notes for newly issued 11.00%

Yahoo | November 25, 2024

Calumet Announces Expiration and Final Results for its Exchange Offer for any and all of the Outstanding 11.00% Senior Notes due 2025

Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") and its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") and Calumet Finance Corp. ("Finance Corp." and, together with the Partnership, the "Issuers"), today announced the expiration and final results of the previously announced private exchange offer (the "Exchange Offer") to certain holders of their 11.00% Senior Notes due 2025 (the "Old Notes") to exchange any and all of the Old Notes for newly i

Yahoo | November 22, 2024

Calumet Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Calumet ( NASDAQ:CLMT ) Third Quarter 2024 Results Key Financial Results Revenue: US$1.10b (down 4.3% from 3Q 2023...

Yahoo | November 10, 2024