Risk factors

Calumet (CLMT) risk factors

Item 1A of every Calumet, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    47 risks4 new6 reworded

    Calumet added risks regarding financial restatements, CFPC secondary market reliance, and rail transportation hazards.

    Filed Feb 27, 2026
  • FY2024 10-K risk factors
    43 risks

    Calumet carries significant debt of $2.1 billion alongside $441.8 million at its unrestricted subsidiary Montana Renewables. Operations face heavy commodity price volatility, including Gulf Coast crack spread fluctuations. Environmental compliance, renewable fuel mandates, and labor relations under unionized agreements are central risks.

    Filed Mar 03, 2025