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Calumet reports Q3 2026 net income of $273.3M, strong specialty products growth, and $265M debt reduction.

Company Fundamentals
06 Nov 2026, 14:00 WIB
PRNewsWire
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Bullish
Calumet reports Q3 2026 net income of $273.3M, strong specialty products growth, and $265M debt reduction.

Calumet, Inc. posted a net income of $273.3 million for Q3 2026, driven by strong performance in its Specialty Products & Solutions segment and Montana Renewables. Adjusted EBITDA with tax attributes reached $347.2 million, reflecting favorable market conditions and operational execution. The company accelerated deleveraging by retiring approximately $265 million of debt since July, positioning itself for continued growth and reduced financial risk.

Calumet Inc.'s stock price surged 8.42% to USD 47.00 on Pluang as of Nov 06, 2026 19:12 WIB, reflecting strong investor interest following its Q3 results. The company holds a market cap of $3.81 billion and traded 1,779,820 shares on the platform, indicating active trading. This price is below its 52-week high of $59.05 but well above the 52-week low of $18.22, showing significant recovery and growth potential.

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