Calumet, Inc. (CLMT) Q2 2024 Earnings Call Transcript
Calumet, Inc. (NASDAQ:CLMT ) Q2 2024 Earnings Conference Call August 9, 2024 9:00 AM ET Company Participants John Kompa - Director, IR Todd Borgmann - CEO David Lunin - EVP and CFO Bruce Fleming - EVP, Montana Renewables and Corporate Development Scott Obermeier - EVP, Specialties Conference Call Participants Roger Read - Wells Fargo Saumya Jain - UBS Neil Mehta - Goldman Sachs Amit Dayal - H.C. Wainwright Gregg Brody - Bank of America Jason Gabelman - TD Cowen Operator Good morning everyone, and welcome to the Calumet, Inc.'s Second Quarter 2024 Results Conference Call.
Calumet Specialty Products Endured Rainy Days With Blue Skies Ahead
Calumet Specialty Products reported results negatively impacted by rapidly changing markets in its 1st Quarter. Much of the negative impacts are likely recovered in the natural cycling of the energy markets on a full-year basis. MRL, the low-cost renewable producer, now generates positive cash flows, which are likely to significantly increase over the next two to three quarters.
