Market Movers (8-K)
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Calumet, INC /DECalumet, Inc. reported a second quarter 2026 net loss of $95.9 million, impacted by non-cash RINs and mark-to-market items, though Adjusted EBITDA with Tax Attributes reached $175.2 million.
Worse than expected
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Calumet, INC /DECalumet, Inc. announced the results of its 2026 Annual Meeting of Stockholders, including the election of directors and the ratification of its independent auditor.
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Calumet, INC /DECalumet, Inc. reported a first quarter 2026 net loss of $317.0 million, impacted by non-cash items and operational downtime, though the company anticipates improved margins.
Worse than expected
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Calumet, INC /DEJennifer Straumins will not seek re-election to Calumet's Board of Directors, retiring at the end of her current term.
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Calumet, INC /DECalumet, Inc. announced the closing of a $150 million private placement of 9.75% Senior Notes due 2031, with proceeds earmarked for revolving credit facility repayment.
Capital raise
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Calumet, INC /DECalumet, Inc. announced the pricing of $150 million in 9.75% Senior Notes due 2031 in a private placement, with proceeds intended to repay its revolving credit facility.
Capital raise
Quarterly Earnings (10-Q)
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Calumet, INC /DECalumet, Inc. reported a net loss of $95.9 million for Q2 2026, impacted by derivative losses and RINs expenses, though sales increased significantly due to higher prices and volumes.
Worse than expected
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Calumet, INC /DECalumet, Inc. reported a net loss of $317.0 million for Q1 2026, impacted by non-cash charges and production issues, while securing a limited waiver from the DOE.
Worse than expected
Delay expected
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Calumet, INC /DECalumet, Inc. reported a significant turnaround in net income for Q3 2025, driven by improved commodity margins and strategic advancements in its Montana Renewables segment, despite a material weakness in internal controls.
Delay expected
Better than expected
Capital raise
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Calumet, INC /DECalumet, Inc. filed an amended quarterly report for Q2 2025, restating financial statements due to cash flow misclassifications stemming from a material weakness in internal controls.
Capital raise
Worse than expected
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Calumet, INC /DECalumet, Inc. has amended its Q1 2025 financial report to correct cash flow misclassifications and disclosed a material weakness in internal controls, while reporting an increased net loss despite operational improvements.
Delay expected
Worse than expected
Capital raise
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Calumet, INC /DECalumet, Inc. reported a widened net loss and negative gross profit in Q2 2025, primarily impacted by increased RINs obligations and mark-to-market losses, despite operational improvements and strategic debt management.
Capital raise
Worse than expected
Annual Reports (10-K)
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Calumet, INC /DECalumet, Inc. reported a significant reduction in net loss and increased Adjusted EBITDA in 2025, fueled by strong operational performance in its Specialty Products and Solutions and Montana/Renewables segments.
Capital raise
Better than expected
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Calumet, INC /DE10-K: Calumet, Inc. Reports 2024 Results, Highlights Strategic Conversion and Renewable Energy Focus
Calumet, Inc.'s 2024 10-K filing reveals a year of strategic shifts, including a corporate conversion and significant investments in renewable fuels, alongside challenges in commodity markets.
Capital raise
Worse than expected
Insider Trading (Form 4)
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Calumet, INC /DEJohn G. Boss, a Director of Calumet, Inc. /DE, reported multiple transactions in common stock on July 9, 2026.
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Calumet, INC /DEStephen P Mawer, a Director of Calumet, Inc. /DE, reported multiple transactions in common stock on July 9, 2026.
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Calumet, INC /DEPaul C Raymond, a Director of Calumet, Inc. /DE, reported multiple transactions in common stock on July 9, 2026.
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Calumet, INC /DEDaniel J Sajkowski, a Director of Calumet, Inc. /DE, reported multiple transactions in common stock on July 9, 2026.
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Calumet, INC /DEAmy M Schumacher, a Director of Calumet, Inc. /DE, reported multiple transactions in common stock on July 9, 2026.
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Calumet, INC /DEJulio M Quintana, a Director of Calumet, Inc. /DE, reported multiple transactions in common stock on July 9, 2026.
Proxy Statements (Def-14A)
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Calumet, INC /DECalumet, Inc. outlines 2025 financial performance, executive compensation redesign, and strategic growth initiatives ahead of its 2026 Annual Meeting.
Capital raise
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Calumet, INC /DECalumet, Inc. has filed a definitive proxy statement with the Securities and Exchange Commission (SEC) pertaining to Section 14(a) of the Securities Exchange Act of 1934.
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Calumet, INC /DECalumet, Inc. will hold its inaugural Annual Meeting of Stockholders on June 10, 2025, and the proxy statement details key proposals, director nominees, and executive compensation.
Worse than expected
Schedule 13D - Activist Investments
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Calumet, INC /DESCHEDULE 13D: Activist Investor Group Discloses 7.0% Stake in Calumet, Inc., Plans Governance Discussions
A group of investors led by Wasserstein Debt Opportunities Management, L.P. and Rajay Bagaria has disclosed a significant 7.0% beneficial ownership stake in Calumet, Inc., citing undervaluation and intentions to engage with management on corporate governance and board composition.
Schedule 13G - Passive Investments
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Calumet, INC /DEInvestment firm Two Seas Capital LP, along with its GP and chief investment officer Sina Toussi, has reported beneficial ownership of 7.5% of Calumet, Inc.'s common stock as of June 30, 2026.
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Calumet, INC /DESCHEDULE: Calumet Inc. Ownership Update Filed
Wasserstein entities and individuals update beneficial ownership of Calumet Inc. common stock, reporting a combined 4.6% stake.
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Calumet, INC /DEAdams Asset Advisors, LLC filed an amendment to its Schedule 13G, reporting a reduction in its beneficial ownership of Calumet, Inc. common stock to 4.68%.
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Calumet, INC /DEThe Vanguard Group has filed an amended Schedule 13G, reporting a 0% beneficial ownership in Calumet Inc following an internal realignment.
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Calumet, INC /DETwo Seas Capital LP, along with its affiliates, has reported a 7.8% beneficial ownership stake in Calumet, Inc., totaling 6,752,538 shares as of September 30, 2025.
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Calumet, INC /DETwo Seas Capital LP, along with its general partner and chief investment officer, has disclosed a 5.2% beneficial ownership stake in Calumet, Inc. as of June 30, 2025.