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20:05","pubTimestamp":1740744300,"startTime":"0","endTime":"0","summary":"Fourth quarter 2024 net loss of $40.7 million, or basic loss per common share of $0.47 per share. Fourth quarter 2024 Adjusted EBITDA of $56.6 million. Announces sale of Royal Purple industrial business for $110 million. Montana Renewables received initial funds from U.S. Department of Energy  loan in February 2025. Specialties business posts record sales volume and cost improvement in 2024. INDIANAPOLIS, Feb. 28, 2025 /PRNewswire/ -- Calumet, Inc.  today reported results of Calumet, Inc.  for the fourth quarter ended December 31, 2024, as follows:. \"The past twelve months of strategic activity at Calumet has fundamentally reset the company's foundation,\" said Todd Borgmann, CEO. \"Successfully completing the conversion to a C-Corporation, receiving the first DOE funding under the new administration, derisking Montana Renewables operations, and continuing to widen the competitive moat around our Specialties business positions the company to succeed against our top priority of deleveragi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/calumet-reports-fourth-quarter-fiscal-120500940.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/calumet-reports-fourth-quarter-fiscal-120500940.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4590","PB","CLMT","BK4211","BK4138"],"gpt_icon":0},{"id":"2514323370","title":"Calumet Inc - to Sell Royal Purple Industrial Assets for $110 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2514323370","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514323370?lang=en_us&edition=fundamental","pubTime":"2025-02-28 20:00","pubTimestamp":1740744003,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250228:nTUA8H9QNX:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4138","CLMT","BK4590"],"gpt_icon":0},{"id":"2514255763","title":"Calumet Announces Sale of Assets Related to Industrial Portion of its Royal Purple® Business","url":"https://stock-news.laohu8.com/highlight/detail?id=2514255763","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514255763?lang=en_us&edition=fundamental","pubTime":"2025-02-28 20:00","pubTimestamp":1740744000,"startTime":"0","endTime":"0","summary":"INDIANAPOLIS, Feb. 28, 2025 /PRNewswire/ -- Calumet, Inc.   announced it has entered into a definitive agreement with a wholly owned subsidiary of Lubrication Engineers, Inc., a portfolio company of Aurora Capital Partners, to sell assets related to the industrial portion of its Royal Purple business, for $110 million. Calumet will retain, and continue to grow, the consumer portion of the Royal Purple business and the Royal Purple production facility in Porter, TX.The transaction of Royal Purple's high performance synthetic industrial product line includes industrial gear lubricants, bio-environmental lubricants, stationary natural gas engine oils, hydraulic lubricants, and compressor oils, along with an exclusive license of the brand for industrial applications. 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Balance of proceeds to be funded during planned expansion from 2025 through 2028. DOE loan guarantee facilitates expansion of Sustainable Aviation Fuel capacity to 300 million gallons per year. \"DOE's mission includes technology and domestic energy security.MRL delivers both,\" said Bruce Fleming, CEO Montana Renewables.\"Over the past three years DOE's Loan Program Office conducted a rigorous due diligence process supported by experts in technology, markets, law, underwriting, and risk, and MRL qualified on the merits. The incoming administration took time to verify this and we appreciate the office's thoroughness. Today we are pleased to continue leading Montana's largest biofuels investment and look forward to our continued collaboration with the LPO on the success of this project.\". The loan guarantee is structured in two tranches, with the first tranche of approximately $782 million released to fund eligible expenses previously inc","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/montana-renewables-receives-first-drawdown-141000668.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/montana-renewables-receives-first-drawdown-141000668.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CLMT","BK4138","BK4590"],"gpt_icon":0},{"id":"2511640876","title":"Calumet, Inc. to Release Fourth Quarter and Fiscal Year 2024 Earnings on February 28, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2511640876","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511640876?lang=en_us&edition=fundamental","pubTime":"2025-02-14 20:00","pubTimestamp":1739534400,"startTime":"0","endTime":"0","summary":"INDIANAPOLIS, Feb. 14, 2025 /PRNewswire/ -- Calumet, Inc.  , announced today that it plans to report results for the Fourth Quarter and Fiscal Year 2024 onFebruary 28, 2025. A conference call to discuss the financial and operational results is scheduled forFebruary 28th at9:00 AM ET.About Calumet, Inc.Calumet manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is headquartered inIndianapolis, Indianaand operates twelve facilities throughoutNorth America.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/calumet-inc-release-fourth-quarter-120000582.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/calumet-inc-release-fourth-quarter-120000582.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CLMT"],"gpt_icon":0},{"id":"2511586778","title":"Calumet up after saying $782M in funding from DOE seen completed next week","url":"https://stock-news.laohu8.com/highlight/detail?id=2511586778","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511586778?lang=en_us&edition=fundamental","pubTime":"2025-02-13 02:50","pubTimestamp":1739386208,"startTime":"0","endTime":"0","summary":"In a regulatory filing earlier, Calumet (CLMT) noted that it previously disclosed that funding of the U.S. Department of Energy loan to Montana Ren...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/calumet-up-after-saying-782m-in-funding-from-doe-seen-completed-next-week?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/calumet-up-after-saying-782m-in-funding-from-doe-seen-completed-next-week?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CLMT","BK4138","BK4590"],"gpt_icon":0},{"id":"2511307064","title":"Calumet Specialty Prods Price Target Maintained With a $33.00/Share by HC Wainwright & Co.","url":"https://stock-news.laohu8.com/highlight/detail?id=2511307064","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2511307064?lang=en_us&edition=fundamental","pubTime":"2025-02-13 01:10","pubTimestamp":1739380200,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/CLMT/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 12, 2025 12:10 ET (17:10 GMT)","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CLMT"],"gpt_icon":0},{"id":"2510374571","title":"BRIEF-Calumet Says Doe Loan Review Is Successfully Completed","url":"https://stock-news.laohu8.com/highlight/detail?id=2510374571","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510374571?lang=en_us&edition=fundamental","pubTime":"2025-02-12 21:38","pubTimestamp":1739367493,"startTime":"0","endTime":"0","summary":"BRIEF-Calumet Says Doe Loan Review Is Successfully CompletedFeb 12  - Calumet Inc CLMT.O:CALUMET INC - DOE LOAN REVIEW SUCCESSFULLY COMPLETEDCALUMET INC - FUNDING PROCESS HAS NOW RESUMED, FIRST TRANCHE OF $782 MILLION EXPECTED NEXT WEEKSource text: [ID:n0001193125-25-024823]Further company coverage: CLMT.O ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250212:nFWN3P30RL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4138","CLMT","BK4590"],"gpt_icon":0},{"id":"2510374549","title":"Calumet Inc - Doe Loan Review Successfully Completed","url":"https://stock-news.laohu8.com/highlight/detail?id=2510374549","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510374549?lang=en_us&edition=fundamental","pubTime":"2025-02-12 21:36","pubTimestamp":1739367398,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250212:nFWN3P30RL:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4590","BK4138","CLMT"],"gpt_icon":0},{"id":"2510374541","title":"Calumet Inc - 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