{
  "docId": "019dd923-5e88-73ef-bd5a-1efa1a95dde3",
  "docSlug": "01f4247210613d78",
  "documentTitle": "Calumet+Inc.+Carbonomics+Investor+Presentation+Final+11+Nov.+'24",
  "authorId": "GoldmanSachs",
  "authorName": "Calumet",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.294,
  "pageNumber": 15,
  "pageCount": 31,
  "prevPage": 14,
  "nextPage": 16,
  "slideType": "kpi_dashboard",
  "function": "summarize",
  "density": "overcrowded",
  "nDataPoints": 45,
  "notes": "Includes a data table for annual/quarterly financials and two charts (bar and dual-axis line) for operational metrics.",
  "elementsJson": [
    "headline_text",
    "data_table",
    "bullet_list",
    "bar_chart_grouped",
    "line_chart"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5a-1efa1a95dde3/15",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5a-1efa1a95dde3",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5a-1efa1a95dde3.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5a-1efa1a95dde3#slide-15",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Strong specialty products margin driven through commercial excellence.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-163f-7040-9129-b6f0b432efd0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.43,
        "x": 0.06,
        "y": 0.44
      },
      "kind": "chart",
      "text": "Sales Volume (bpd) by quarter for Specialty Products and Fuels & Asphalt",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f1332145-1075-427e-ac18-d2b1fc5ac2cd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.43,
        "x": 0.52,
        "y": 0.44
      },
      "kind": "chart",
      "text": "Material Margin ($/bbl) trend for Specialty Products and Fuels & Asphalt",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "928f5996-9242-4204-86d4-c69bb90f50b1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.32,
        "x": 0.65,
        "y": 0.24
      },
      "kind": "list",
      "text": "Strong specialty products margin driven through commercial excellence; Fuels by-products offers advantaged cost position; Unique risk-reward profile; Investments in reliability improvement",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ec03ed08-f9d5-4133-8768-62587b394150",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Adjusted EBITDA: $379.4",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-163f-7040-9129-ba2193567b67",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.35,
        "x": 0.06,
        "y": 0.4
      },
      "kind": "source-note",
      "text": "(1) See appendix to this presentation for GAAP to Non-GAAP reconciliations. (1) Includes RVO accrual",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1bf2f904-d3b7-4e61-aebd-95eb57dc8bb1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.63,
        "x": 0.06,
        "y": 0.245
      },
      "kind": "table",
      "text": "Adjusted EBITDA ($MM), Specialty Products Material Margin ($/bbl), Fuels & Asphalt Material Margin ($/bbl) across FY'21, FY'22, FY'23, Q3'2024, Q3'2023",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a9ba495c-dc28-4d81-b445-c14fdb1a3c80",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.85,
        "x": 0.07,
        "y": 0.18
      },
      "kind": "title",
      "text": "SPECIALTY PRODUCTS AND SOLUTIONS SEGMENT",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c819c066-aa93-4341-9b0b-5b37ca7b39a3",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 16,
      "from": 14,
      "beatId": "45c3d1cc-552f-45fc-a368-86c85f1b5284",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Product",
      "beatSlug": "sequoia-pitch-product",
      "evidence": "The document presents the product on pages 14-16, highlighting Calumet+Inc.'s product offerings.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}