Calumet: Shorts Are At Risk

2025-09-03 05:15:15 ET

Calumet Specialty Products ( CLMT ) reported better than we expected results for June. Inside the report, the company guided breakeven costs for MRL at unprecedented values, better than best-in-class. More later. The renewable diesel marketplace continues withering in deep doldrums. Many units remain shut down, or mothballed, or possibly closed for good, the rest waiting for a new RVO limit to kick in. Yet, MRL, Calumet's renewable unit, generated a minor profit, likely the only unit in the US to do so. Now, this continues our coverage of Calumet, the last being, Calumet With Its More Than Nine Financial Lives . ...

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