World Kinect Expects $900M–$1.2B Of Total Free Cash Flow Over Next Five Years, With ~40% Of That Total Free Cash Flow Targeted For Return To Shareholders Through Buybacks And Dividends
$WKC
Oil Refining/Marketing
Energy
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $33.00 → $32.00 | Buy → Hold | Stifel |
| 9/16/2024 | $28.00 | Equal-Weight → Underweight | Morgan Stanley |
| 2/21/2024 | $25.00 | Neutral | JP Morgan |
| 11/6/2023 | $24.00 | Equal-Weight | Morgan Stanley |
| 7/6/2023 | $30.00 | Outperform | Raymond James |
| 6/26/2023 | $29.00 → $22.00 | Buy → Underperform | BofA Securities |
JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024 JetBlue invites other New York businesses to help scale the SAF market in the region Today JetBlue (NASDAQ:JBLU) and World Fuel Services (World Fuel), a World Kinect (NYSE:WKC) company, announced a new commercial agreement to bring the first regular supply of Blended Sustainable Aviation Fuel (SAF), provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE:VLO), to John F. Kennedy International Airport (JFK) as early as the fourth quarter of 2024. Under the terms of the in
World Kinect Corporation (NYSE:WKC) today reported financial results for the third quarter of 2024. Results compared to the same period last year are as follows (unaudited - in millions, except percentages and per share data): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 Change 2024 2023 Change Volume (1) 4,443 4,536 (2 )% 13,230 13,473 (2 )% Revenue $ 10,491 $ 12,245 (14 )% $ 32,407
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, October 24, 2024, at 5:00 p.m. ET to discuss the company's third quarter 2024 results, as well as certain forward-looking information. The company plans to release its third quarter 2024 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.worldkinect.com/events. An on-demand replay of the webcast will be available shortly after the call. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulfillme
World Kinect Corporation (NYSE:WKC) announced today that its Board of Directors has declared a quarterly cash dividend of $0.17 per share, which is payable on October 16, 2024 to shareholders of record on September 30, 2024. Additionally, the Board of Directors approved an additional $200 million share repurchase authorization. The new authorization is in addition to the Company's previous authorization, which had approximately $108 million remaining as of June 30, 2024. "Increasing our share repurchase authorization highlights our strong financial position and continued ability to deliver solid free cash flow," said Ira Birns, Executive Vice President and Chief Financial Officer. "We rem
World Kinect (NYSE:WKC) reported quarterly earnings of $0.47 per share which missed the analyst consensus estimate of $0.49 by 4.08 percent. This is a 30.56 percent increase over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $10.951 billion which missed the analyst consensus estimate of $11.753 billion by 6.83 percent. This is a 12.27 percent decrease over sales of $12.482 billion the same period last year.
Raymond James analyst Pavel Molchanov maintains World Kinect (NYSE:WKC) with a Outperform and raises the price target from $30 to $32.
B of A Securities analyst Ken Hoexter maintains World Kinect (NYSE:WKC) with a Underperform and raises the price target from $23 to $26.
World Kinect Corporation (NYSE:WKC) today reported financial results for the third quarter of 2024. Results compared to the same period last year are as follows (unaudited - in millions, except percentages and per share data): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 Change 2024 2023 Change Volume (1) 4,443 4,536 (2 )% 13,230 13,473 (2 )% Revenue $ 10,491 $ 12,245 (14 )% $ 32,407
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, October 24, 2024, at 5:00 p.m. ET to discuss the company's third quarter 2024 results, as well as certain forward-looking information. The company plans to release its third quarter 2024 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.worldkinect.com/events. An on-demand replay of the webcast will be available shortly after the call. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulfillme
IRVING, Texas, Sept. 25, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE:DAR), the world's leading company turning food waste into sustainable products and producer of renewable energy, today announced that its 50/50 joint venture Diamond Green Diesel (DGD) will provide the first regular supply of sustainable aviation fuel (SAF) to Florida through an agreement between World Fuel and DHL Express. Under the terms of the agreement, World Fuel Services (World Fuel), a World Kinect Company (NYSE:WKC) will deliver over a two-year period approximately 60 million gallons of blende
4 - WORLD KINECT CORP (0000789460) (Issuer)
4 - WORLD KINECT CORP (0000789460) (Issuer)
4 - WORLD KINECT CORP (0000789460) (Issuer)
10-Q - WORLD KINECT CORP (0000789460) (Filer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
10-Q - WORLD KINECT CORP (0000789460) (Filer)
Stifel downgraded World Kinect Corporation from Buy to Hold and set a new price target of $32.00 from $33.00 previously
Morgan Stanley downgraded World Kinect Corporation from Equal-Weight to Underweight and set a new price target of $28.00
JP Morgan initiated coverage of World Kinect Corporation with a rating of Neutral and set a new price target of $25.00