Todd Borgmann

“The third quarter was an exceptional one for Calumet. The company generated $347 million of adjusted EBITDA with tax attributes, and our deleveraging and growth strategy is accelerating by years.”

“2025 was a defining high-impact year here at Cayumet. We began the year with a credible plan and large potential amidst deep market uncertainty. Throughout the year, risk was aggressively managed, and execution of our strategy turned Cayumet's potential to actualize results.”

“2025 was a defining high-impact year here at Cayumet. We began the year with a credible plan and large potential amidst deep market uncertainty. Throughout the year, risk was aggressively managed, and execution of our strategy turned Cayumet's potential to actualize results.”

“The beginning of this year has certainly been an eventful and strategically pivotal period for Calumet. Late in the quarter, we saw the renewable fuels market take a major step forward, following EPA's long-awaited Set 2 RBO announcement.”

“2025 was a defining high-impact year here at Cayumet. We began the year with a credible plan and large potential amidst deep market uncertainty. Throughout the year, risk was aggressively managed, and execution of our strategy turned Cayumet's potential to actualize results.”