2024-03-18 15:54:55 ET
Summary
- Calumet Specialty Products reported results in-line with estimates for Q4 2023, with a setback in Montana Resource operations.
- The company updated its EBITDA projections for MRL under normal operations and discussed plans for improvement in Shreveport.
- Calumet Specialty Products announced the signing of the official conversion agreement and progress in its Montana/Renewables business.
- The coming cash flow, barring an unseen event from weather, will change massively.
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For further details see:
Calumet Specialty Products: Huge Increases In Cash Flows May Be Imminent [Downgrade]