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World Fuel Services Corporation (NYSE: INT), headquartered in Miami, Florida, is a premier global fuel logistics company. The firm excels in the marketing, sale, and distribution of aviation, marine, and land fuel along with related products and services across the globe. With operations spanning over 8,000 locations in more than 200 countries and territories, World Fuel Services addresses the complex fuel needs of diverse sectors.
The company's robust portfolio includes aviation fuel solutions for commercial airlines, cargo carriers, private aircraft, and fixed base operators (FBOs), as well as services for the U.S. and foreign governments. Marine services cater to international container and tanker fleets, cruise lines, and time-charter operators. Additionally, World Fuel Services supports land customers such as petroleum distributors, retail petroleum operators, and various industrial, commercial, and governmental entities.
World Fuel Services' team of market makers boasts deep expertise in all facets of fuel management, ensuring optimized solutions for their clients. The company's recent achievements highlight its commitment to innovation and sustainability, with ongoing projects aimed at enhancing fuel efficiency and reducing environmental impact.
Financially, World Fuel Services has maintained a strong performance, bolstered by strategic partnerships and a broad client base. The company remains a key player in the global fuel logistics market, continually adapting to emerging trends and demands.
World Fuel Services Corporation (NYSE: INT) has announced a definitive agreement to acquire Flyers Energy Group for approximately
World Fuel Services (NYSE:INT) will hold a conference call on October 28, 2021, at 5:00 PM ET to discuss its third quarter results. The earnings report will be released after market close on the same day. Interested participants may join the call via telephone or through a live webcast on the company's website. An audio replay will be accessible until November 4, 2021. World Fuel Services is a global energy management company serving clients in aviation, marine, and land transportation, with operations in over 200 countries.
World Fuel Services Corporation (NYSE:INT) declared a quarterly cash dividend of $0.12 per share, payable on October 8, 2021 to shareholders on record as of September 17, 2021. The company, headquartered in Miami, Florida, specializes in energy procurement advisory services and operates globally, serving clients in more than 200 countries. World Fuel Services is involved in the aviation, marine, and land transportation sectors, selling fuel and delivering comprehensive energy management solutions.
World Fuel Services Corporation (NYSE: INT) has appointed Jill B. Smart to its Board of Directors. With over 33 years of experience at Accenture, where she served as the Chief Human Resources Officer, Jill brings extensive expertise in human capital management and organizational transformation. Her addition is expected to enhance the company's strategic growth objectives. Smart is also involved with the National Academy of Human Resources and serves on the board of EPAM Systems, Inc. (NYSE: EPAM). She will participate in the Compensation and Governance committees.
World Fuel Services Corporation (NYSE: INT) reported a total gross profit of $183.9 million for Q2 2021, down 14% year-over-year. GAAP net income stood at $17.6 million, or $0.28 per diluted share, while adjusted net income was $25.0 million, or $0.39 per diluted share. The aviation segment saw gross profit of $87.4 million (-5%), marine at $22.7 million (-39%), and land at $73.8 million (-13%). Despite declines, the company anticipates improved demand as economic activity recovers post-COVID-19.
World Fuel Services Corporation (NYSE:INT) will hold a conference call on July 29, 2021, at 5:00 PM ET, to discuss its second-quarter results. The financial results will be released after market close on the same day. Investors can join the call by phone or via webcast on the company's website. An archive of the call will be available for replay until August 5, 2021. World Fuel Services provides energy management solutions globally, serving clients in aviation, marine, and land transportation across over 8,000 locations in more than 200 countries.
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.
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