Calumet releases transcript of Q2 2026 earnings call

Reuters2026/08/11 14:39

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Calumet’s Aug. 7 second-quarter 2026 earnings call drew CEO Todd Borgmann, CFO David Lunin, EVP Bruce Fleming, President Scott Obermeyer, IR’s John Kompa.
Adjusted EBITDA with Tax Attributes reached $175 million; restricted group leverage fell below 4x; management targeted below 3x next quarter.
Debt actions included calling $100 million of 2028 mirror notes; termination of a CMR truck rack sale-leaseback via a $115 million repurchase.
Montana Renewables posted $17 million of Adjusted EBITDA with Tax Attributes despite April and part of May downtime; index margins cited near $2.6 per gallon.
MaxSAF expansion plans shifted to a lower-cost reconfiguration using a second reactor already at Great Falls; 120-150 million gallons SAF by spring 2027, about 200 million by 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Calumet Inc. published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.

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A Goldman Sachs report indicates that iPhone Duo, with its "thinnest ever" design and "affordable" pricing, is expected to open up the mass market. The forecast for 2026 remains at 14 to 35 million units shipped. The new product's upgrades in hinges, cooling, and camera technologies will benefit the supply chain in Greater China, including Foxconn.

华尔街见闻•2026/09/10 06:46