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Montana Renewables Announces Timing Update for DOE Loan Facility

  • INDIANAPOLIS , Jan. 28, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet," the "Company," "we," "our" or "us") has been informed by the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") that the first tranche of approximately $782 million under the guaranteed loan facility that was previously approved for funding today, January 28, will undergo a tactical delay to confirm alignment with White House priorities.  The loan facility, which closed on January 10, will fund the construction and expansion of the renewable fuels facility in Great Falls, Montana, owned by Montana Renewables, LLC ("Montana Renewables" or "MRL"), an unrestricted subsidiary of Calumet.
    01/28/2025

Montana Renewables Announces Closing of $1.44 Billion DOE Loan Facility for Renewable Fuels and Biomass Energy Facility

  • Initial loan proceeds of $782 million expected to be funded this month and balance of proceeds funded through planned construction period DOE loan guarantee facilitates expansion of Sustainable Aviation Fuel capacity to 300 million gallons per year INDIANAPOLIS , Jan. 10, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we," "our" or "us") announced today the closing of a $1.44 billion guaranteed loan facility with the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO"). The loan will fund the construction and expansion of the renewable fuels facility owned by Montana Renewables, LLC ("Montana Renewables" or "MRL"), an unrestricted subsidiary of Calumet.
    01/10/2025
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The price of Montana Technologies Corporation (AIRJ) is 8.42 and it was updated on 2025-02-04 13:00:45.

Currently Montana Technologies Corporation (AIRJ) is in undervalued.

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Bridger Aerospace Congratulates Our Founder Timothy Sheehy for Being Sworn in as United States Senator for the State of Montana

  • BELGRADE, Mont., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation's largest aerial firefighting companies, today congratulates Timothy P. Sheehy, the Company's founder and former chief executive officer of the Company, for being sworn into the United States Senate as the U.S. Senator for the State of Montana.
    Wed, Jan. 08, 2025

Brixton Metals Provides Results from Ivanhoe Electric's 2024 Drilling at the Hog Heaven Project, Montana, USA

  • Ivanhoe Electric Identifies a new Porphyry Copper-Gold-Molybdenum System in the Battle Butte Area Associated with a Typhoon™-identified Anomaly Ivanhoe Electric Identifies a new Porphyry Copper-Gold-Molybdenum System in the Battle Butte Area Associated with a Typhoon™-identified Anomaly
    Tue, Jan. 07, 2025

Laredo Oil Initiates Exploratory Drilling Project in Montana West Fork Field

  • AUSTIN, Texas , Jan. 7, 2025 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), an oil exploration and production company with over 30,000 net acres of mineral rights in the West Fork field located north of the Fort Peck reservation in Montana, today announced that it has initiated preparations to drill the first of three planned exploratory wells in the field. Mark See, Chairman and CEO of Laredo Oil, commented "As previously reported, we are raising up to $7.5 million to drill three exploratory oil wells located in the West Fork prospect field.
    Tue, Jan. 07, 2025

Sandfire Resources America Inc. Announces Win at the Montana Supreme Court Regarding Water Rights Ruling

  • WHITE SULPHUR SPRINGS, Mont., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. (“Sandfire America” or the “Company”) announces a positive ruling for the Company by the Montana Supreme Court upholding a 2023 District Court decision regarding the water rights related to Tintina Montana Inc.'s Mine Operating Permit, of the Black Butte Copper Project.
    Thu, Jan. 02, 2025

Synovus announces election of Greg Montana to its board of directors

  • COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus has appointed Greg Montana to its board of directors.
    Wed, Dec. 18, 2024
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Aurora Opens Advanced Lidar Research and Testing Facility in Bozeman, Montana

  • BOZEMAN, Montana--(BUSINESS WIRE)---- $AUR #aurora--Aurora Innovation, Inc. (NASDAQ: AUR), a leader in autonomous trucking technology, today announced the opening of its new 78,000 square-foot office and testing facility in Bozeman, Montana. Located on Montana State University's Innovation Campus, the space builds upon the university's 30-year history of producing industry-leading photonics engineers and innovations. Inaugurated today with a ribbon-cutting ceremony attended by state elected officials, regulator.
  • 12/12/2024

Montana Renewables Receives Approval of Excise Tax Registration

  • GREAT FALLS, Mont., Dec. 12, 2024 /PRNewswire/ -- Montana Renewables, LLC announced today that it has received approval of its Excise Tax Registration from the Internal Revenue Service.
  • 12/12/2024

Sandfire Resources America Announces Variation to Bridge Loan Agreement

  • WHITE SULPHUR SPRINGS, Mont., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that it has entered into a fourth variation agreement (the "Fourth Variation") to its bridge loan agreement, as amended (the “Bridge Loan”) with Sandfire BC Holdings (Australia) Pty Ltd. ("Sandfire BC"), the Company's largest shareholder, and Tintina Montana Inc., a wholly-owned subsidiary of the Company ("Tintina Montana").
  • 11/21/2024

AirJoule Technologies Announces Third Quarter 2024 Results

  • RONAN, Mont., Nov. 13, 2024 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or the “Company”), the developer of the transformational AirJoule® technology for atmospheric water harvesting, today announced its third quarter results.
  • 11/13/2024

Montana Technologies Announces Name Change to AirJoule Technologies

  • RONAN, Mont., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Montana Technologies Corporation (NASDAQ: AIRJ), the developer of the transformational AirJoule® technology for atmospheric water harvesting, today announced that it has changed its corporate name to AirJoule Technologies Corporation (“AirJoule Technologies” or the “Company”), effective immediately. The Company's common stock and warrants will continue to trade on the Nasdaq Capital Market under the ticker symbols “AIRJ” and “AIRJW”, respectively; no action is required by existing stockholders.
  • 11/13/2024

Montana Technologies Schedules Third Quarter 2024 Earnings Release and Conference Call

  • RONAN, Mont., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Montana Technologies Corporation (NASDAQ: AIRJ) (“Montana Technologies” or the “Company”), the developer of the transformational AirJoule® technology for atmospheric water harvesting, today announced that it will report its third quarter 2024 financial results after market close on Wednesday, November 13, 2024, and will host a conference call and Q&A session to discuss the results at 5:00pm ET the same day.
  • 11/12/2024

Calumet Reports Third Quarter 2024 Results

  • Third quarter 2024 net loss of $100.6 million, or basic loss per common share of $1.18 per share Third quarter 2024 Adjusted EBITDA of $49.8 million Montana Renewables ("MRL") set another new SAF production volume record Specialties business posted highest production levels in over five years Montana Renewables announced conditional commitment of $1.44 billion Department of Energy ("DOE") loan Successfully completed conversion from a Master Limited Partnership ("MLP") to a C-Corp INDIANAPOLIS , Nov. 8, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) today reported results of Calumet, Inc. (the "Company," "Calumet," "we," "our" or "us") for the third quarter ended September 30, 2024, as follows: Three Months Ended September 30,  Nine Months Ended September 30,  2024 2023 2024 2023 (Dollars in millions, except per share data) Net income (loss) $ (100.6) $ 99.8 $ (181.3) $ 96.1 Basic earnings (loss) per common share $ (1.18) $ 1.24 $ (2.21) $ 1.20 Adjusted EBITDA $ 49.8 $ 75.4 $ 138.2 $ 220.8   Specialty Products and Solutions Performance Brands Montana/Renewables Three Months Ended September 30,  Three Months Ended September 30,  Three Months Ended September 30,  2024 2023 2024 2023 2024 2023 (Dollars in millions, except per barrel data) Gross profit (loss) $ 2.3 $ 158.9 $ 22.7 $ 21.0 $ (20.1) $ 81.6 Adjusted gross profit $ 46.5 $ 56.7 $ 24.3 $ 18.6 $ 20.0 $ 48.2 Adjusted EBITDA $ 42.6 $ 38.6 $ 13.6 $ 13.2 $ 12.7 $ 38.2 Gross profit (loss) per barrel $ 0.39 $ 28.77 $ 145.51 $ 160.31 $ (8.48) $ 41.61 Adjusted gross profit per barrel $ 7.80 $ 10.26 $ 155.77 $ 141.98 $ 8.44 $ 24.58   Specialty Products and Solutions Performance Brands Montana/Renewables Nine Months Ended September 30,  Nine Months Ended September 30,  Nine Months Ended September 30,  2024 2023 2024 2023 2024 2023 (Dollars in millions, except per barrel data) Gross profit (loss) $ 126.7 $ 314.1 $ 70.1 $ 66.0 $ (49.6) $ 49.5 Adjusted gross profit $ 163.9 $ 221.4 $ 72.9 $ 62.0 $ 32.8 $ 79.1 Adjusted EBITDA $ 150.2 $ 175.6 $ 41.1 $ 41.8 $ 5.8 $ 56.0 Gross profit (loss) per barrel $ 7.37 $ 19.63 $ 146.65 $ 167.09 $ (7.48) $ 9.25 Adjusted gross profit per barrel $ 9.53 $ 13.84 $ 152.51 $ 156.96 $ 4.95 $ 14.78   "Calumet continues to execute on our strategic catalysts as planned," said Todd Borgmann, CEO. "We started the quarter with the conversion of Calumet's structure from a MLP to a C-Corp, and in October we announced the conditional commitment of a $1.44 billion DOE loan guarantee.
  • 11/08/2024

Montana Renewables Delivers First Shipment of Sustainable Aviation Fuel for Detroit Metropolitan Airport

  • GREAT FALLS, Mont. , Oct. 24, 2024 /PRNewswire/ -- For the first time, the Detroit Metropolitan Airport (DTW) will have the opportunity to use Sustainable Aviation Fuel (SAF), thanks to Montana Renewables, LLC (MRL), the largest SAF producer in North America (2024).
  • 10/24/2024

Montana Renewables Receives $1.44 Billion Conditional Commitment from DOE for Renewable Fuels and Biomass Energy Facility

  • Montana Renewables to expand Sustainable Aviation Fuel capacity by 300 million gallons per year INDIANAPOLIS , Oct. 16, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we," "our" or "us") announced today that the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") has awarded a conditional commitment for a loan guarantee of up to $1.44 billion to fund the construction and expansion of a renewable fuels facility owned by Montana Renewables, LLC ("Montana Renewables" or "MRL").  Montana Renewables is an unrestricted subsidiary of Calumet.
  • 10/16/2024

Montana Technologies Signs Abu Dhabi Sustainable Finance Declaration and Attends WETEX in Dubai

  • Company joins over 135 members that have pledged to foster and integrate sustainable, green investments throughout the United Arab Emirates Company joins over 135 members that have pledged to foster and integrate sustainable, green investments throughout the United Arab Emirates
  • 10/10/2024

Montana Technologies Establishes International Office in the United Arab Emirates

  • Company to showcase transformational AirJoule® technology at the Water, Energy, Technology, and Environment Exhibition (WETEX) in Dubai Company to showcase transformational AirJoule® technology at the Water, Energy, Technology, and Environment Exhibition (WETEX) in Dubai
  • 09/25/2024

Montana Technologies Announces Memorandum of Understanding with Clairity Technology to Deploy AirJoule® in Support of Direct Air Capture Carbon Dioxide Removal Projects

  • RONAN, Mont., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Montana Technologies Corporation (NASDAQ: AIRJ) (“Montana Technologies” or the “Company”), the developer of the transformational AirJoule® technology for atmospheric water generation, is pleased to announce the signing of a Memorandum of Understanding (“MOU”) with Clairity Technology (“Clairity”) to deploy AirJoule® units in support of Clairity's direct air capture (“DAC”) carbon dioxide removal operations.
  • 09/04/2024

AIRJ Stock Earnings: Montana Technologies Reported Results for Q2 2024

  • Montana Technologies (NASDAQ: AIRJ ) just reported results for the second quarter of 2024. Montana Technologies reported earnings per share of 24 cents.
  • 08/23/2024

Montana Technologies Announces Second Quarter 2024 Results

  • RONAN, Mont., Aug. 23, 2024 (GLOBE NEWSWIRE) -- Montana Technologies Corporation (NASDAQ: AIRJ) (“Montana Technologies” or the “Company”), the developer of the transformational AirJoule® technology for water generation, today announced its second quarter results.
  • 08/23/2024

Montana Technologies Announces Memorandum of Understanding with TenX Investment to Deploy AirJoule® for Water Security and Sustainability in the United Arab Emirates

  • RONAN, Mont., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Montana Technologies Corporation (NASDAQ: AIRJ) (“Montana Technologies” or the “Company”), the developer of the transformational AirJoule® technology for atmospheric water generation, is pleased to announce the signing of a Memorandum of Understanding (“MOU”) with TenX Investment in Energy Enterprises & Management Co. LLC (“TenX”) to address water security and energy efficiency opportunities in the United Arab Emirates (“UAE”).
  • 08/15/2024

Montana Technologies announces agreement with Climate Impact Corporation to collaborate on atmospheric water generation for renewable hydrogen production

  • The integration of the AirJoule® atmospheric water harvesting technology into renewable hydrogen modules will allow hydrogen to be produced economically anywhere that has high sun exposure – including the world's deserts The integration of the AirJoule® atmospheric water harvesting technology into renewable hydrogen modules will allow hydrogen to be produced economically anywhere that has high sun exposure – including the world's deserts
  • 08/08/2024

Montana Technologies Announces Private Placement Financing

  • RONAN, Mont.--(BUSINESS WIRE)--Montana Technologies Corporation (NASDAQ: AIRJ), (“Montana Technologies” or the “Company”), the developer of AirJoule®, a transformational atmospheric thermal energy and water harvesting technology, today announced that it has entered into subscription agreements for a private placement financing (the “PIPE”) with existing and new investors to sell an aggregate of approximately 1.2 million shares of common stock, which is expected to result in gross proceeds of ap.
  • 06/11/2024

Montana Technologies Announces First Quarter 2024 Results

  • RONAN, Mont. , May 20, 2024 /PRNewswire/ -- Montana Technologies Corporation (NASDAQ: AIRJ) ("Montana Technologies"), the developer of AirJoule®, a transformational atmospheric thermal energy and water harvesting technology, today announced its first quarter results.
  • 05/20/2024

Montana Technologies Corp. Expands Management Team with Key Appointments

  • Diverse Team of Financial and Legal Executives Brings Expertise Across Energy Industry RONAN, Mont. , May 7, 2024 /PRNewswire/ -- Montana Technologies Corp. (NASDAQ: AIRJ) ("Montana"), the developer of AirJoule®, a transformational atmospheric thermal energy and water harvesting technology, announced today that it has appointed the following financial and legal executives to its management team: Stephen Pang, Chief Financial Officer; Chad MacDonald, Chief Legal Officer; and Tom Divine, Vice President, Investor Relations and Finance In conjunction with these new appointments, Jeff Gutke, who since 2021 served as the Chief Financial Officer of Montana's predecessor company, Montana Technologies LLC, is transitioning into the new role of Chief Administrative Officer at Montana.
  • 05/07/2024

Montana Technologies Corp. Announces Addition to Board of Directors and Names Chairman

  • Diverse Group of Individuals With Deep Scientific, Economic, and Geopolitical Expertise Will Provide Further Support for the Growth and Development of AirJoule® Technology RONAN, Mont. , May 1, 2024 /PRNewswire/ -- Montana Technologies Corp. (NASDAQ: AIRJ) ("Montana") today announced that it has appointed Mr.
  • 05/01/2024
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