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Stock impact report

Calumet Announces First Quarter 2024 Operational Update

Calumet Specialty Products Partners, L.P. - Common units representing limited partner interests (CLMT) 
Last calumet specialty products partners, l.p. - common units representing limited partner interests earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: calumetspecialty.investorroom.com
Company Research Source: PR Newswire
INDIANAPOLIS, April 16, 2024 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership," "Calumet," "we," "our" or "us"), today provided an operational update for the first quarter of 2024.As previously reported, Montana Renewables (MRL) resumed production at its Great Falls, MT, site in December 2023.  The site operated well throughout the first quarter of 2024 as volumes sequentially improved each month.  First quarter results for the MRL business are expected to reflect the significant burden of higher priced feedstock purchased prior to the summer 2023 slowdown related to a steam system issue.  Entering the second quarter of 2024, the old, expensive feedstock has been processed.Further, first quarter 2024 results will reflect a planned turnaround at our Shreveport site in March, which was completed on time and on budget. We begin the second quarter of 2024 at Shreveport with solid operating momentum.  In the first quarter of 2024, we were negativel Show less Read more
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