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 Fuel Services Corporation (NYSE:INT) has declared a quarterly cash dividend of $0.12 per share. This dividend will be payable on July 1, 2021, to shareholders on record as of June 4, 2021. The company is headquartered in Miami, Florida, and provides energy management services, including supply fulfillment and energy procurement advisory to commercial and industrial sectors, primarily in aviation, marine, and land transportation.
World Fuel Services Corporation (NYSE: INT) reported a total gross profit of $191.6 million for Q1 2021, a 26% decline year-over-year. The GAAP net income was $18.9 million, or $0.30 per diluted share, with an adjusted net income of $20.7 million, or $0.33 per diluted share. The aviation segment saw gross profit decrease by 18%, marine by 57%, and land by 16%. Despite challenges, the company generated $103 million in cash flow from operations and increased its cash dividend by 20%, signaling a focus on enhancing shareholder value amidst ongoing pandemic impacts.
World Fuel Services (NYSE:INT) will host a conference call on April 29, 2021, at 5:00 PM ET to discuss its Q1 results and future outlook. The earnings report will be released after market closure on the same day. Participants can join via telephone or a live webcast on the company’s website. An audio replay will be available until May 6, 2021. World Fuel Services provides energy management solutions to clients in the aviation, marine, and land transportation sectors, operating in over 200 countries.
World Fuel Services (NYSE:INT) has announced a 20% increase in its quarterly cash dividend to $0.12 per share, payable on April 9, 2021, for shareholders of record on March 26, 2021. This decision reflects the company’s commitment to returning capital to shareholders while retaining flexibility for future investments. Executive Vice President Ira M. Birns expressed confidence in the company's future growth potential and strategic opportunities.
World Fuel Services reported a Q4 2020 net loss of $3.6 million or $0.06 per diluted share, with total gross profit dropping 42% year-over-year to $165.2 million. For the full year, gross profit fell 23% to $851.8 million, driven by declines in aviation, marine, and land segments due to COVID-19. Adjusted EBITDA stood at $44.6 million for Q4 and $261.4 million for the full year. The company emphasized its cost reduction efforts and strong liquidity to navigate the challenging economic landscape.
World Fuel Services Corporation (NYSE:INT) will host a conference call on February 25, 2021, at 5:00 PM ET to discuss its fourth quarter and full year results, along with forward-looking insights. Results will be released after market close on the same day. Participants can join the call via telephone or live webcast on the company's website. An audio replay will be accessible until March 11, 2021. World Fuel Services, based in Miami, provides energy management services globally, operating in aviation, marine, and land transportation sectors.
World Fuel Services Corporation (NYSE:INT) has declared a quarterly cash dividend of $0.10 per share, set for payment on January 5, 2021. Shareholders of record as of December 11, 2020 will receive this dividend. As a global energy management company, World Fuel Services provides energy procurement advisory services and fuel supply fulfillment for various industries, including aviation and marine, operating across more than 200 countries.
World Fuel Services Corporation (NYSE:INT) will host a conference call on October 29, 2020, at 5:00 PM ET to discuss its third-quarter results. The company will release these results after market hours on the same day. Investors can access the call via telephone or online, with a replay available until November 12, 2020. World Fuel Services, headquartered in Miami, Florida, provides energy management solutions across various industries, serving over 8,000 locations worldwide.
World Fuel Services Corporation (NYSE: INT) has finalized the sale of its Multi Service payment solutions business to Corsair Capital for approximately $300 million in cash, with an additional deferred payment of $75 million subject to certain financial targets through 2022. The transaction marks a strategic move to enhance liquidity and focus on core business growth, according to executives. This aligns with their strategy to optimize their portfolio amid challenging market conditions.
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