World Fuel Services downgraded by BofA Securities with a new price target
$INT
Oil Refining/Marketing
Energy
BofA Securities downgraded World Fuel Services from Buy to Underperform and set a new price target of $33.00 from $40.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/18/2022 | $35.00 | Hold → Buy | Stifel |
| 1/20/2022 | $32.00 | Underperform → Buy | BofA Securities |
| 1/20/2022 | Underperform → Buy | B of A Securities | |
| 10/1/2021 | $40.00 → $33.00 | Buy → Underperform | BofA Securities |
World Kinect Corporation (NYSE:WKC) (the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.14 per share, which is payable on July 10, 2023 to shareholders of record on June 26, 2023. Earlier today, the Company announced that it had changed its name from World Fuel Services Corporation to World Kinect Corporation. The Company will begin trading under its new name and new ticker symbol (NYSE:WKC) effective tomorrow, on June 16, 2023. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation is a leading global energy management company, offering a broad suite of energy advisory, management and fulfillment s
Reflects Company's Ongoing Transformation into a Diversified Energy and Solutions Provider Company will begin trading under new name and ticker symbol "WKC," effective June 16, 2023 World Fuel Services Corporation ((INT) ("Company") today announced it has changed its corporate name to World Kinect Corporation. The Company's shareholders approved the name change during today's Annual Meeting. The Company will begin trading under its new name and ticker symbol (NYSE:WKC) effective tomorrow, June 16, 2023. This change is intended to better reflect the Company's ongoing transformation into a more resilient, diversified energy and solutions provider. As the energy transition unfolds, thi
NEWS SUMMARY World Fuel Services (World Fuel) and Neste have signed an agreement to expand the supply of Sustainable Aviation Fuel (SAF).This agreement opens up a greater supply of SAF for World Fuel to distribute to customers throughout Europe.Currently, 13 airports are supplied with SAF by World Fuel, which will increase to over 40 with this agreement.In 2023, World Fuel estimates delivering more than 20 times the volume delivered in 2022.HOUSTON, May 22, 2023 /PRNewswire/ -- World Fuel Services (World Fuel) and Neste today announce their recently signed agreement for Sustainable Aviation Fuel (SAF), further strengthening the relationship between these two global companies. This agreement
Stifel upgraded World Fuel Services from Hold to Buy and set a new price target of $35.00
BofA Securities upgraded World Fuel Services from Underperform to Buy and set a new price target of $32.00
B of A Securities upgraded World Fuel Services from Underperform to Buy
4 - WORLD KINECT CORP (0000789460) (Issuer)
4 - WORLD KINECT CORP (0000789460) (Issuer)
4 - WORLD KINECT CORP (0000789460) (Issuer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
10-Q - WORLD KINECT CORP (0000789460) (Filer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
World Fuel Services Corporation (NYSE:INT) today announced the appointment of Jill B. Smart to the Board of Directors of the company. "We are delighted to have Jill join our Board of Directors," said Michael J. Kasbar, chairman and chief executive officer. "She is an accomplished human resources executive who brings a wealth of expertise in human capital management and executing organizational transformation. Jill's skill set will be a strategic asset to our company and help us accelerate our long-term growth objectives." Ms. Smart spent more than 33 years at Accenture plc, a global professional services company, before retiring in 2014 after having served as Accenture's Chief Human Resou
World Kinect Corporation (NYSE:WKC) (the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.14 per share, which is payable on July 10, 2023 to shareholders of record on June 26, 2023. Earlier today, the Company announced that it had changed its name from World Fuel Services Corporation to World Kinect Corporation. The Company will begin trading under its new name and new ticker symbol (NYSE:WKC) effective tomorrow, on June 16, 2023. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation is a leading global energy management company, offering a broad suite of energy advisory, management and fulfillment s
First Quarter 2023 Highlights Gross profit increased 14% to $263 million Net income decreased 13% to $23 million GAAP diluted earnings and adjusted diluted earnings per share of $0.36 Adjusted EBITDA increased 16% to $87 million World Fuel Services Corporation (NYSE:INT) today reported financial results for the first quarter of 2023. Results compared to the same period last year are as follows (unaudited - in millions, except percentages and per share data): Three Months Ended March 31, 2023 2022 Change Volume (1) 4,472 4,476
World Fuel Services Corporation (NYSE:INT) invites you to participate in a conference call with its management team on Thursday, April 27, 2023 at 5:00 p.m. Eastern Time to discuss the Company's first quarter results, as well as certain forward-looking information. The Company plans to release its first quarter results after the market closes on the same date. Participants can access the live webcast or participate by phone by visiting the company's website at https://ir.wfscorp.com/events. To join the conference call by phone, participants must pre-register and will then receive dial-in information and a PIN enabling access to the call. A replay of the webcast will be available and can b
SC 13G/A - WORLD KINECT CORP (0000789460) (Subject)
SC 13G/A - WORLD KINECT CORP (0000789460) (Subject)
SC 13G/A - WORLD KINECT CORP (0000789460) (Subject)