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 Fuel Services Corp (NYSE: INT) provides comprehensive fuel logistics solutions across aviation, marine, and land sectors through its global network spanning 200+ countries. This news hub delivers timely updates on strategic developments, financial performance, and operational milestones critical for stakeholders tracking this energy infrastructure leader.
Access curated press releases and market analyses covering aviation fuel partnerships, marine logistics expansions, and land distribution innovations. Our repository simplifies tracking INT's responses to energy market dynamics, regulatory changes, and sustainability initiatives.
Key updates include quarterly earnings disclosures, supply chain advancements, leadership announcements, and technology implementations across 8,000+ global locations. Investors gain insights into how INT's market intelligence and risk management strategies navigate volatile fuel markets.
Bookmark this page for direct access to verified updates about World Fuel Services' role in shaping global fuel logistics. Monitor how their expertise in cross-border fuel distribution addresses evolving energy demands and transportation sector needs.
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.
World Kinect Corporation (NYSE:WKC) has appointed Greg Piper to its Board of Directors. Piper brings over 35 years of experience in energy, commodity, and agriculture sectors. His extensive background includes serving as CEO of CP Energy (2014-2020) and Gavilon Energy, where he led significant corporate transactions including the energy group's spin-off and subsequent sale to NGL Energy Partners.
Since 2020, Piper has been working as a senior independent adviser to executive management, company boards, and investment fund managers. He holds a BS in Petroleum Engineering from Colorado School of Mines and an MBA from the University of Texas McCombs School of Business.
World Kinect Corporation (NYSE:WKC) has scheduled its second quarter 2025 earnings conference call for July 31, 2025, at 5:00 p.m. ET. The company will release its Q2 2025 financial results after market close on the same day. Investors and interested parties can access the live webcast through the company's investor relations website at ir.world-kinect.com/events. An on-demand replay will be made available following the call.
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