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

Net income attributable to partners of $103.0 million, or limited partners' interest of $1.26 basic net income per unit, for the third quarter of 2023 third quarter adjusted ebitda of $75.5 million driven by supportive market and strong commercial execution, partially offset by transient operational issues in shreveport and montana mrl hydrogen steam drum replacement installed; turnaround brought forward opportunistically; on track for full production in december indianapolis , nov. 9, 2023 /prnewswire/ -- calumet specialty products partners, l.p. (nasdaq: clmt) (the "partnership," "calumet," "we," "our" or "us"), today reported results for the third quarter ended september 30, 2023, as follows: three months ended september 30,  nine months ended september 30,  2023 2022 2023 2022 (dollars in millions, except per unit data) net income (loss) attributable to partners $ 103.0 $ 15.7 $ 113.2 $ (95.1) limited partners' interest basic net income (loss) per unit $ 1.26 $ 0.19 $ 1.38 $ (1.18) adjusted ebitda $ 75.5 $ 127.0 $ 220.9 $ 326.1   specialty products and solutions performance brands montana/renewables three months ended september 30,  three months ended september 30,  three months ended september 30,  2023 2022 2023 2022 2023 2022 (dollars in millions, except per barrel data) gross profit (loss) $ 158.9 $ 123.4 $ 21.0 $ 17.0 $ 81.7 $ (1.1) adjusted gross profit $ 56.7 $ 149.4 $ 18.6 $ 17.4 $ 48.3 $ 11.7 adjusted ebitda $ 38.7 $ 131.7 $ 13.2 $ 8.5 $ 38.2 $ 11.3 gross profit (loss) per barrel $ 28.77 $ 21.65 $ 160.31 $ 139.34 $ 41.66 $ (0.96) adjusted gross profit per barrel $ 10.26 $ 26.22 $ 141.98 $ 142.62 $ 24.63 $ 10.17   specialty products and solutions performance brands montana/renewables nine months ended september 30,  nine months ended september 30,  nine months ended september 30,  2023 2022 2023 2022 2023 2022 (dollars in millions, except per barrel data) gross profit $ 314.5 $ 229.2 $ 66.0 $ 44.5 $ 49.2 $ 42.2 adjusted gross profit $ 221.8 $ 328.8 $ 62.0 $ 45.9 $ 78.8 $ 97.6 adjusted ebitda $ 176.1 $ 283.3 $ 41.8 $ 17.5 $ 55.6 $ 88.9 gross profit per barrel $ 19.66 $ 13.63 $ 167.09 $ 112.09 $ 9.19 $ 6.78 adjusted gross profit per barrel $ 13.86 $ 19.55 $ 156.96 $ 115.62 $ 14.72 $ 15.69   "the third quarter at calumet was a tale of two halves," said todd borgmann, ceo.
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