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 Fuel Services Corporation (NYSE:INT) declared a quarterly cash dividend of $0.14 per share, set for payment on January 6, 2023, to shareholders of record by December 23, 2022. The company, headquartered in Miami, Florida, provides energy procurement and management services to various industries, including aviation and marine. World Fuel Services operates globally, servicing over 8,000 locations in more than 200 countries.
World Kinect Energy Services will participate in a live panel discussion at COP27 on November 11, 2022, at 5:30 PM EET in Sharm El Sheik, Egypt. The discussion aims to explore innovative carbon offset strategies alongside Verra and Okeanos. The panel will highlight a new category of carbon offsets developed through collaboration and address the evolving nature of carbon credits. Key insights will include the impact of technology on the carbon offset market and the importance of accreditation in achieving net zero goals.
World Fuel Services Corporation (NYSE: INT) reported strong third-quarter results with total gross profit reaching $322.3 million, a 63% increase year-over-year. GAAP net income stood at $42.5 million or $0.68 per diluted share, while adjusted net income was $41.8 million or $0.67 per diluted share. Key drivers included a 15% rise in aviation gross profit to $129.6 million, a 242% surge in marine gross profit to $74.8 million, and an 88% boost in land gross profit to $117.9 million. Additionally, a 17% quarterly dividend increase was announced.
World Fuel Services Corporation (NYSE:INT) will hold a conference call on October 27, 2022, at 5:00 PM ET to discuss its third quarter results. The company plans to release its earnings after market closure on the same day.
Participants can pre-register for the call at the company's website. The call will also be available via live webcast, accessible on the same site. An archived version of the webcast will be available two hours post-call until November 10, 2022.
World Fuel Services Corporation (NYSE:INT) announced a 17% increase in its quarterly cash dividend to
World Fuel Services Corporation (NYSE: INT) reported strong second-quarter 2022 results with a total gross profit of $253.4 million, marking a 38% year-over-year increase. The GAAP net income was $24.4 million or $0.39 per diluted share, while adjusted earnings reached $25.8 million or $0.41 per share. The aviation segment's gross profit decreased by 40% to $52.8 million, but volumes rebounded to 85% of pre-pandemic levels. The marine segment excelled with a 244% increase in gross profit, driven by high bunker fuel prices. The company emphasized its diversified business model amid market volatility.
World Fuel Services Corporation (NYSE:INT) will hold a conference call on July 28, 2022 at 5:00 PM Eastern Time to discuss its second quarter results and forward-looking information. The results will be released after market close on the same day. Participants can pre-register on the company's website for phone access, or listen via live webcast. An archived version of the webcast will be available for a limited time post-call. The company provides global energy management services and operates over 8,000 locations in more than 200 countries.
World Fuel Services Corporation (NYSE:INT) has declared a quarterly cash dividend of
World Fuel Services Corporation (NYSE: INT) reported a strong first quarter for 2022, achieving a total gross profit of $230.9 million, a 21% increase year-over-year. GAAP net income reached $26.3 million, translating to $0.41 per diluted share. The aviation segment faced challenges with a 16% decrease in gross profit, totaling $64.2 million, primarily due to inventory losses and reduced government activity in Afghanistan. Conversely, the marine segment saw an impressive 85% increase to $47.0 million, while the land segment's gross profit rose 34% to $119.8 million following its acquisition of Flyers Energy.
World Fuel Services Corporation (NYSE: INT) will host a conference call on April 28, 2022, at 5:00 PM Eastern Time to discuss its first quarter results. The financial results will be released post-market on the same date. Interested participants can access the conference via telephone at (833) 562-0141 for U.S. and Canada, or (661) 567-1221 internationally. A live webcast will also be available on the company’s website, with an archive to remain accessible until May 12, 2022.
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