Calumet Reports Q1 2026 Earnings: Adjusted EBITDA Declines Amid Operational Disruptions
Calumet (CLMT) reported adjusted EBITDA of $50.1 million for Q1 2026, down from $55 million in the prior year due to a Shreveport operational event and planned Montana expansion downtime. The company highlighted progress on its Montana MaxSAF 150 Expansion project, which is expected to significantly boost sustainable aviation fuel production.
Topics: adjusted EBITDA hedge positions Montana expansion operational disruptions