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Calumet — Third Quarter 2026 Earnings Summary

Calumet, Inc. reported a net income of $273.3 million for the third quarter of 2026, driven by strong performance across its Specialty Products and Solutions and Montana/Renewables segments. The company achieved an Adjusted EBITDA with Tax Attributes of $347.2 million, with the Specialty Products and Solutions segment contributing $248.1 million and Montana/Renewables delivering a record $80.4 million per gallon. Continued debt reduction efforts resulted in approximately $265 million of debt retirement since July, further strengthening the balance sheet. Despite significant non-cash charges related to derivatives and RINs, the company's operational execution and market conditions supported substantial earnings growth compared to the prior year period.

Company
CALUMET INC
Sector
Energy
Industry
Oil & Gas E&P