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

Net loss attributable to partners of $18.5 million, or limited partners' interest of $0.23 basic net loss per unit, for the second quarter of 2023 second quarter adjusted ebitda of $67.7 driven by supportive market and strong commercial execution, partially offset by weather-related production constraints montana renewables achieves full throughput rates, demonstrated advantaged feedstock pre-treater technology, and became the largest sustainable aviation fuel producer in north america indianapolis , aug. 4, 2023 /prnewswire/ --  calumet specialty products partners, l.p. (nasdaq: clmt) (the "partnership," "calumet," "we," "our" or "us"), today reported results for the second quarter ended june 30, 2023, as follows: three months ended june 30,  six months ended june 30,  2023 2022 2023 2022 (dollars in millions, except per unit data) (dollars in millions, except per unit data) net income (loss) attributable to partners $ (18.5) $ (15.3) $ 10.2 $ (110.8) limited partners' interest basic net income (loss)per unit $ (0.23) $ (0.19) $ 0.13 $ (1.37) adjusted ebitda $ 67.7 $ 175.8 $ 145.4 $ 199.1   specialty products and solutions performance brands montana/renewables three months ended june 30,  three months ended june 30,  three months ended june 30,  2023 2022 2023 2022 2023 2022 (dollars in millions, except per barrel data) gross profit $ 45.3 $ 88.1 $ 21.4 $ 14.2 $ 4.7 $ 41.6 adjusted gross profit $ 68.3 $ 144.0 $ 22.6 $ 14.6 $ 19.2 $ 74.0 adjusted ebitda $ 61.0 $ 123.5 $ 12.2 $ 3.7 $ 12.6 $ 68.6 gross profit per barrel $ 8.55 $ 15.72 $ 153.96 $ 100.00 $ 2.64 $ 16.12 adjusted gross profit per barrel $ 12.90 $ 25.69 $ 162.59 $ 102.82 $ 10.79 $ 28.67   specialty products and solutions performance brands montana/renewables six months ended june 30,  six months ended june 30,  six months ended june 30,  2023 2022 2023 2022 2023 2022 (dollars in millions, except per barrel data) gross profit (loss) $ 155.6 $ 105.8 $ 45.0 $ 27.5 $ (32.5) $ 43.3 adjusted gross profit $ 167.5 $ 179.4 $ 43.4 $ 28.5 $ 30.5 $ 85.9 adjusted ebitda $ 137.4 $ 151.6 $ 28.6 $ 9.0 $ 17.4 $ 77.6 gross profit (loss) per barrel $ 14.85 $ 9.51 $ 169.17 $ 100.00 $ (9.59) $ 8.54 adjusted gross profit per barrel $ 15.99 $ 16.13 $ 163.16 $ 103.64 $ 9.00 $ 16.95 "calumet and montana renewables took a series of strategic steps in the second quarter," said todd borgmann, ceo.
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