Calumet specialty products partners, l.p. reports first quarter 2023 results

Net income attributable to partners of $28.7 million, or limited partners' interest of $0.35 basic net income per unit, for the first quarter of 2023 first quarter adjusted ebitda of $77.7 million; ttm adjusted ebitda of $444.0 million montana renewables commences operations with renewable hydrogen, pretreatment unit, and saf operation online indianapolis , may 5, 2023 /prnewswire/ -- calumet specialty products partners, l.p. (nasdaq: clmt) (the "partnership," "calumet," "we," "our" or "us"), today reported results for the first quarter ended march 31, 2023, as follows: three months ended march 31, 2023 2022 (dollars in millions, except per unit data) net income (loss) attributable to partners $                                28.7 $                             (95.5) limited partners' interest basic net income (loss) per unit      $                                0.35 $                             (1.18) adjusted ebitda $                                77.7 $                               23.3   specialty products and solutions performance brands montana/renewables three months ended march 31, three months ended march 31, three months ended march 31, 2023 2022 2023 2022 2023 2022 (dollars in millions, except per barrel data) gross profit (loss) $        110.3 $          17.7 $              23.6 $              13.3 $            (37.2) $                1.7 adjusted gross profit $          99.2 $          35.4 $              20.8 $              13.9 $              11.3 $              11.9 adjusted ebitda $          76.4 $          28.1 $              16.4 $                5.3 $                4.8 $                9.0 gross profit (loss) per barrel $        21.30 $          3.21 $         185.83 $         100.00 $          (23.09) $              0.68 adjusted gross profit per barrel      $        19.15 $          6.42 $         163.78 $         104.51 $              7.01 $              4.78   "financially and strategically, this was an extremely successful quarter for calumet," said todd borgmann, ceo.
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