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.
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World Fuel Services Corporation (NYSE:INT) will host a conference call on April 27, 2023, at 5:00 p.m. Eastern Time, to discuss its first quarter results and forward-looking information. The company plans to release its first quarter results after market close on the same day. Participants can join via live webcast or phone after pre-registration. A replay will be available until May 11, 2023. Headquartered in Miami, Florida, World Fuel Services provides energy procurement and related services globally, covering industries such as aviation and marine. They manage transactions and payments for clients at over 8,000 locations in more than 200 countries. For further details, visit the company’s website.
World Fuel Services Corporation (NYSE:INT) has declared a quarterly cash dividend of $0.14 per share. This dividend is scheduled for payment on April 21, 2023 to shareholders of record as of April 6, 2023. Headquartered in Miami, Florida, World Fuel Services is a global energy management company that provides energy procurement advisory services and supply fulfillment, primarily in aviation, marine, and land transportation. The company operates over 8,000 locations across more than 200 countries worldwide.
World Fuel Services Corporation (NYSE: INT) reported significant financial results for Q4 and the full year 2022. Key highlights include a full year gross profit of $1.1 billion, up 38% year-over-year, and a net income of $114 million, a 55% increase. The company achieved a 40% revenue growth in Q4, reaching $13.9 billion. Adjusted diluted earnings per share rose by 50% for the year to $2.04. Adjusted EBITDA also showed a robust 60% growth, totaling $380 million. With nearly $80 million returned to shareholders through buybacks and dividends, the firm emphasizes its commitment to long-term growth and sustainability.
World Fuel Services Corporation (NYSE:INT) will hold a conference call on February 23, 2023, at 5:00 PM Eastern Time to discuss its fourth quarter and full year results, alongside forward-looking information. Results will be released after market close on the same date. The call can be accessed via phone through pre-registration on their website, and a live webcast will also be available. An archived version of the webcast will be accessible for two weeks following the call. World Fuel Services offers energy management services across various sectors globally, operating at over 8,000 locations in more than 200 countries.
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 $0.14 per share, effective October 7, 2022, for shareholders of record on September 23, 2022. Executive Vice President and CFO, person value="APIN:0452247330"Ira M. Birns, emphasized this decision as a sign of the company's confidence in its growth and cash generation capabilities. The announcement reflects a commitment to long-term value generation for shareholders.