Core Insights - World Kinect has been recognized as a Top 10 dividend-paying energy stock by Dividend Channel, highlighting its attractive valuation and strong profitability metrics [1] - The company has a solid quarterly dividend history and favorable long-term growth rates in key fundamental data points [1] Dividend Information - World Kinect pays an annualized dividend of $0.68 per share, distributed quarterly, with the most recent dividend ex-date on June 17, 2024 [2] - The long-term dividend history of World Kinect is emphasized as crucial for assessing the sustainability of its recent dividend payments [2] Investment Appeal - The report indicates that dividend investors focused on value are particularly interested in profitable companies that are trading at attractive valuations, which aligns with World Kinect's profile [2]

Another notable valuation metric for WKC is its P/B ratio of 0.82. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, BE has a P/B of 6.72. Investors interested in Alternative Energy - Other stocks are likely familiar with World Kinect (WKC) and Bloom Energy (BE) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. Right now, W ...

FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ | --- | --- | --- | |----------------------------------------------------------------------------|------------------------------------------------------------------------------------------|---------------- ...

World Kinect Corporation (NYSE:WKC) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Elsa Ballard - Vice President of Investor Relations & Communications Michael Kasbar - Chairman and Chief Executive Officer Ira Birns - Executive Vice President and Chief Financial Officer Conference Call Participants John Royall - JPMorgan Benjamin Nolan - Stifel Graham Price - Raymond James Operator Thank you for standing by, and welcome to World Kinect Corporation's Second Quarter 2024 Earnin ...

Exhibit 99.1 World Kinect Corporation Reports Second Quarter 2024 Results MIAMI—July 25, 2024—World Kinect Corporation (NYSE: WKC) today reported financial results for the second quarter of 2024. "Our continued focus on expense control and working capital management resulted in $68 million of operating cash flow in the quarter," said Ira Birns, Executive Vice President and Chief Financial Officer. "Our cash flow together with the proceeds from the recent sale of the Avinode Group has further increased our l ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation or organization) ( 305 ) 428-8000 Registrant's telephone number, including area code Securities registered pursuant to Section 12(b) of the Act T ...

Financial Data and Key Metrics Changes - The company's total volume, gross profit, and adjusted EBITDA were all down slightly year-over-year [17] - Operating cash flow was $110 million and free cash flow was $93 million, highlighting strong cash flow generation [36][41] - Interest expense decreased by 16% year-over-year to $29 million, reflecting improved working capital management [33] Business Line Data and Key Metrics Changes - Aviation volume decreased by approximately 100 million gallons, about 6% year-over-year, primarily due to winding down a specific bulk inventory activity [18] - Despite the volume decline, Aviation gross profit increased by 8% year-over-year, driven by a 15% increase in unit margins [20] - In the land business, volume increased by 2% year-over-year, with natural gas and power activities driving growth, although gross profit declined by 12% due to weather-related impacts [22][23] - Marine volumes were up slightly year-over-year, but gross profit decreased by 7% due to reduced market volatility [28] Market Data and Key Metrics Changes - The percentage of land volume associated with natural gas and power business increased to 41% in Q1 2024, up from 36% in the same quarter last year [22] - The company expects modest sequential improvement in gross profit for the land business in Q2, but another year-over-year decline is anticipated [26] Company Strategy and Development Direction - The company is focused on building a more readable and leverageable business model, actively working to grow and scale parts of the business that provide acceptable returns [8][10] - The recent sale of Evernote is part of the strategy to exit non-core activities and sharpen the portfolio [10] - The company aims to enhance profitability through acquisitions and by exiting non-core activities [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strategic clarity and the potential for improved profitability and returns [14] - The company is optimistic about growth opportunities in the land business and sustainability-related activities, despite facing weather-related challenges [40][42] Other Important Information - The adjusted effective tax rate for Q1 was 11%, below the full-year guidance of 23% to 27% due to discrete tax benefits [35] - The company announced a 21% dividend increase during the first quarter, supported by strong cash flow performance [38] Q&A Session Summary Question: Marine outlook and sequential decline in operating income - Management confirmed that Marine's operating income is expected to decline sequentially but remain close to last year's numbers, with margins slightly softening [48] Question: Impact of weather on land business - Management explained that unseasonably warm weather in the U.K. and other factors impacted the land business, with expectations for Q2 to be similar to Q1 results [52][53] Question: Efficiency in SG&A and G&A - Management indicated that there is always room for improvement in efficiency, and they continue to seek opportunities to drive cost efficiencies [56] Question: Low carbon profitability percentage - Low carbon businesses contributed 12% to gross profit in the past quarter, up slightly from the previous year [57] Question: Red Sea logistics bottlenecks - Management noted that the situation has settled down, and while there was an impact, it is no longer significant [59] Question: Growth in electricity demand driven by AI - Management acknowledged the significant increase in energy demand due to AI and data centers, which aligns with their competencies in the power sector [61]

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|------------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q1 2024 Earnings Call | | | | | | | | | | | | | | | | | | | | | | | | | | | | Disclaimer and Cautionary Note Regarding Forward-Looking Statements Certain statements, including comments about World Kinect Corporation's exp ...

Exhibit 99.1 World Kinect Corporation Reports First Quarter 2024 Results MIAMI—April 25, 2024—World Kinect Corporation (NYSE: WKC) today reported financial results for the first 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 March 31, | | | --- | --- | --- | --- | --- | --- | | | | 2024 | | 2023 | Change | | (1) Volume | | 4,414 | | 4,472 | (1)% | | Revenue | $ | 10,951 | $ | 12,482 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ COMMISSION FILE NUMBER 001-09533 WORLD KINECT CORPORATION (Exact name of registrant as specified in its charter) (State o ...