Welcome to our dedicated page for WORLD FUEL SERVICES news (Ticker: INT), a resource for investors and traders seeking the latest updates and insights on WORLD FUEL SERVICES stock.
World Kinect Corporation (NYSE: WKC), historically linked with the ticker INT, is described as a global energy management and fuel logistics company headquartered in Miami, Florida. News about World Kinect often centers on its activities in the aviation, marine and land-based transportation sectors, as well as its role in supplying natural gas and power in the United States and Europe and offering sustainability-related products and services.
On this news page, readers can find coverage of financial results, such as quarterly earnings releases that discuss gross profit, segment performance in aviation, land and marine, and non-GAAP measures like adjusted net income and adjusted EBITDA. These updates frequently include commentary from senior leadership on portfolio reshaping, transformation initiatives and the performance of specific segments.
World Kinect’s news flow also includes strategic transactions, such as the acquisition of Universal Weather and Aviation’s Trip Support Services division, and divestitures like the sale of its U.K. land fuels business and exits from certain North American land operations. Announcements describe how these moves relate to the company’s focus on core activities, operational efficiency and its aviation portfolio.
Investors and observers will also see capital structure and governance updates, including changes to its senior unsecured credit facility, dividend declarations, share repurchase authorizations, and leadership or board appointments. Together, these items provide insight into how World Kinect manages liquidity, capital allocation and corporate governance while operating in a complex global energy and transportation environment.
By reviewing this news stream, users can follow how World Kinect communicates its strategy, responds to market conditions and adjusts its portfolio across aviation, land and marine energy management activities.
World Kinect Corporation (NYSE: INT) declared a quarterly cash dividend of $0.20 per share, payable on January 16, 2026 to shareholders of record on December 15, 2025. The board also approved an additional $150 million share repurchase authorization.
The company noted the new authorization is in addition to an existing program that had approximately $192 million remaining as of September 30, 2025. Repurchases may occur in the open market or via private transactions, have no expiration date, and may be initiated, suspended or discontinued at any time.
World Kinect Corporation (NYSE: WKC) announced an amendment and extension of its $2.0 billion senior unsecured credit facility, covering a revolving credit facility and a term loan.
The facility maturity was extended to November 2030 with an option to extend to November 2031 subject to lender consent. The syndicated facility was led by Bank of America, and the amendment includes improved pricing terms and expanded covenant flexibility to support capital allocation and growth initiatives.
Company management said the change reinforces its liquidity position and provides financial agility to support strategic growth.
World Kinect Corporation (NYSE: WKC) completed its acquisition of Universal Weather and Aviation’s Trip Support Services (TSS) business on November 5, 2025. The deal adds international trip‑planning, logistics and supply‑chain capabilities to World Kinect’s aviation offering.
The company expects the transaction to be approximately 7% accretive to adjusted EPS in year one and to deliver about $15 million of annual net cost synergies by the end of year two through streamlined operations and integrated platforms.
World Kinect Corporation (NYSE: WKC) reported Q3 2025 results on October 23, 2025, with gross profit $250M, GAAP net income of $26M (diluted EPS $0.46) and adjusted net income of $30M (adjusted EPS $0.54).
Adjusted EBITDA was $94M, operating cash flow $116M and free cash flow $102M. Revenue fell ~10% to $9,392M and volume declined 4% YoY. Segment results: Aviation gross profit $143M (+11%), Land $81M (-20%), Marine $25M (-32%). Leadership transition announced: Michael Kasbar moves to Executive Chairman while Ira Birns will lead as president/CEO. The company cited a recent acquisition (Universal Trip Support) and an ongoing portfolio reshaping focus.
World Kinect Corporation (NYSE: WKC) announced executive leadership changes effective January 1, 2026 and immediate CFO succession timing. Ira M. Birns will become Chief Executive Officer and join the Board on January 1, 2026, succeeding Michael Kasbar, who will transition to Executive Chairman that same date. John Rau is promoted to President effective January 1, 2026 to oversee global commercial operations. Jose-Miguel (Mike) Tejada is promoted to Executive Vice President and Chief Financial Officer effective immediately after the filing of the company’s Form 10-Q for the period ending September 30, 2025.
The release emphasizes continuity, leadership depth, and a focus on operational and financial discipline as the company pursues long-term value creation.
World Kinect Corporation (NYSE: WKC) announced the appointment of Andrea B. Smith to its Board of Directors, effective October 24, 2025.
Ms. Smith retired from Bank of America in 2021 after nearly 34 years, most recently serving as Chief Administrative Officer and previously leading Global Human Resources for a workforce of more than 285,000. The company highlighted her financial, operational, and HR expertise as the rationale for the board addition.
World Kinect Corporation (NYSE: WKC) will host a third quarter 2025 earnings conference call on October 23, 2025 at 5:00 p.m. ET to discuss Q3 2025 results and certain forward-looking information.
The company plans to release Q3 2025 results after market close on October 23, 2025. Investors can access a live webcast at ir.world-kinect.com/events, and an on-demand replay will be available shortly after the call.
World Kinect Corporation (NYSE:WKC) has announced a quarterly cash dividend of $0.20 per share. The dividend will be paid on October 16, 2025 to shareholders of record as of September 30, 2025.
World Kinect Corporation (NYSE:WKC) has announced a definitive agreement to acquire Universal Weather and Aviation's Trip Support Services (TSS) division for $220 million. The deal structure includes $160 million in cash at closing and $60 million payable over four years.
The strategic acquisition will expand WKC's trip support services capabilities to over 3,000 airports worldwide, enhancing their flight operations support including flight planning, overflight permits, and ground support services. The transaction is expected to be 7% accretive to adjusted EPS in the first year, with anticipated annual net cost synergies of $15 million by the end of the second year post-closing.
The deal is expected to close within 60-90 days, subject to customary conditions.
World Kinect Corporation (NYSE: WKC) reported Q2 2025 financial results, posting a GAAP net loss of $339 million ($6.06 per diluted share), while adjusted net income reached $33 million ($0.59 per diluted share). The company recorded $232 million in gross profit and $87 million in Adjusted EBITDA.
Key developments include significant impairments of $367 million in the Land segment and $32 million in the Marine segment, the completion of U.K. land fuels business sale resulting in an $82 million pre-tax loss, and a $35 million share repurchase program. Aviation segment showed strength with an 8% increase in gross profit, while Land and Marine segments experienced declines of 17% and 26% respectively.
The company launched a finance operations optimization program and increased its quarterly dividend by 18%, demonstrating commitment to shareholder value and operational efficiency.
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