Workflow
Fuel
icon
Search documents
Alimentation Couche-Tard Inc. Surpasses Earnings Expectations
Financial Modeling Prep· 2025-11-25 10:02
Earnings Per Share of $0.78, beating the estimated $0.74, showcasing the company's effective growth strategies.Despite a slight miss in revenue expectations, strong performance in same-store sales and fuel volume sales highlight operational success.Financial metrics such as a P/E ratio of 18.55 and a debt-to-equity ratio of 0.97 reflect favorable market valuation and reasonable leverage.Alimentation Couche-Tard Inc., trading under the symbol ANCTF on the OTC exchange, is a prominent player in the convenienc ...
BP's Olympic Pipeline shutdown hits airlines' fuel supply
Reuters· 2025-11-24 22:57
Core Insights - BP's Olympic Pipeline system is currently offline due to a leak investigation near Everett, Washington [1] - The company is collaborating with state and local authorities to determine the cause of the leak [1] Company Impact - The leak has implications for BP's operations in the region, potentially affecting supply and logistics [1] - Major airlines are also impacted, indicating a broader effect on transportation and logistics in the area [1]
Jim Cramer on Kroger: “It Did Something Radical”
Yahoo Finance· 2025-11-21 10:03
The Kroger Co. (NYSE:KR) is one of the stocks Jim Cramer put under the spotlight. Cramer was bullish on the stock, as he commented: “Now, let’s keep going with How to Make Money in Any Market because it’s really important because when I say how to make money in any market, we’re talking about this market. Sometimes you just want to wait for the stock of a company that’s made a significant change, and then you get a chance to buy it at a cheap price because the market’s throwing a sale. Take Kroger, giant ...
Piper Sandler Raises Shell (SHEL) Price Target to $90, Maintains Overweight Rating
Yahoo Finance· 2025-11-20 03:17
Shell plc (NYSE:SHEL) is included among the 12 Best European Dividend Stocks to Buy Now. Piper Sandler Raises Shell (SHEL) Price Target to $90, Maintains Overweight Rating On November 10,‍ Pipe‌r⁠ Sa‌ndler raised its price target on Shell plc (NYSE:SHEL) to $9​0 from $87 and maintained an Ove‍rwe​ight rating on the shares, according to a report by The Fly. The firm noted tha‌t while investor sentim‍ent remains cautious du⁠e to​ concerns ab‌out the near-term outlook for crude o⁠il, Shell’s Q3 results demo ...
France fines TotalEnergies, Rubis, EG Group $217m for Corsica anti-trust violations
Yahoo Finance· 2025-11-19 11:23
France’s anti-trust authority has imposed a fine totalling €187.5m ($217.3m) on TotalEnergies, Rubis and EG Group for engaging in an anti-competitive agreement that led to higher fuel prices in Corsica. The Mediterranean Island of Corsica depends on cars for transportation, and all fuel imports there are distributed through Dépôts Pétroliers de la Corse (DPLC) depots. DPLC is jointly owned by TotalEnergies, Rubis and EG Group. The penalty follows an investigation into agreements that restricted access t ...
Rubis: FUEL SECTOR IN CORSICA: RUBIS RESPONDS TO THE DECISION OF THE FRENCH COMPETITION AUTHORITY (AUTORITÉ DE LA CONCURRENCE)
Globenewswire· 2025-11-17 17:59
Rubis takes formal note of the enforceable decision issued by the French Competition Authority (Autorité de la concurrence) on 17 November 2025, which imposes sanctions on several actors for anti-competitive practices in the supply, storage, and distribution of fuels in Corsica, allegedly occurring between 2016 and 2022. The total amount of the financial penalties imposed by the Authority amounts to €187,490,000. Rubis SCA has been fined a total of €64,240,000, jointly and severally with its subsidiary Ru ...
Akwel: Nine-Month Revenue Down -3.6%
Globenewswire· 2025-11-06 16:45
Core Insights - AKWEL reported a consolidated revenue of €730.7 million for the first nine months of 2025, reflecting a decline of 3.6% compared to the same period in 2024 [2][4] Revenue Performance - The quarterly revenue breakdown shows a consistent decline: Q1 at €255.6 million (-3.0%), Q2 at €255.0 million (-3.9%), and Q3 at €220.1 million (-3.9%) [3][4] - The total revenue for the first nine months was €730.7 million, with a constant scope and exchange rate decline of 3.0% [3][4] Geographic Revenue Distribution - Revenue distribution by region indicates a decline in the Americas (-6.7% to €214.8 million) and Asia (-13.6% to €24.6 million), while EMEA saw a slight decrease of 1.6% to €491.3 million [9] Product Line Performance - Revenue for Products and Functions decreased by 1.4% to €712.6 million, with growth in Cooling (+1.6%), Decontamination (+7.0%), Fuel (+5.1%), and Oil (+5.7%), while Air (-19.1%), Mechanisms (-4.7%), and Control (-5.5%) faced declines [5] Financial Position - The consolidated net cash position was €168.9 million as of September 30, 2025, an increase of €19.6 million from June 30, 2025, after accounting for an investment of €8.4 million in the quarter [6] Future Outlook - The company anticipates a double-digit decline in consolidated revenue for 2026, primarily due to expected decreases in SCR tank volumes and a negative outlook across all product lines [8][11] - Challenges include market depression, slow electric vehicle development, and competitive pressures, particularly from Chinese manufacturers [11]
ARKO Corp. Reports Third Quarter 2025 Results
Globenewswire· 2025-11-05 21:05
Core Insights - ARKO Corp. reported a net income of $13.5 million for Q3 2025, an increase from $9.7 million in the same quarter last year, indicating a positive trend in profitability [6] - The company is focused on executing its transformation plan, which includes advancing its dealerization program and improving operational efficiency despite a challenging consumer environment [4][6] - Adjusted EBITDA for the quarter was $75.2 million, slightly down from $78.8 million year-over-year, reflecting ongoing operational adjustments [6] Financial Performance - Total revenues for Q3 2025 were $2.02 billion, down from $2.28 billion in Q3 2024 [39] - Merchandise revenue decreased to $389.7 million from $469.6 million, while merchandise margin improved to 33.7% from 32.8% [6][39] - Fuel revenue was $1.6 billion, down from $1.78 billion, with a retail fuel margin of 43.6 cents per gallon, up from 41.3 cents per gallon [39] Operational Highlights - The company converted 65 retail stores to dealer sites in Q3 2025, totaling 194 conversions year-to-date, with expectations of over $20 million in annualized operating income benefits from channel optimization [6][9] - ARKO advanced its retail store remodeling pilot program, focusing on enhancing customer experience with improved layouts and food offerings [6] - The company opened new-to-industry locations, including a Dunkin' store and two additional stores, with plans for further expansions in 2026 [6] Capital Management - The Board declared a quarterly dividend of $0.03 per share, to be paid on December 1, 2025, reflecting confidence in cash generation capabilities [21] - The company repurchased approximately 0.9 million shares for $4.2 million during the quarter, with $7.2 million remaining under the share repurchase program [22][21] Liquidity and Debt - As of September 30, 2025, ARKO had total liquidity of approximately $891 million, consisting of $307 million in cash and $584 million in available credit [20] - Outstanding debt was approximately $912 million, resulting in net debt of about $605 million [20] Guidance - For Q4 2025, the company expects Adjusted EBITDA to range between $50 million and $60 million, with full-year 2025 Adjusted EBITDA guidance updated to between $233 million and $243 million [26]
RUBIS: Q3 & 9M trading update - Delivering consistent margin growth and operational strength
Globenewswire· 2025-11-04 16:45
Core Insights - Rubis demonstrated solid Q3 2025 performance with a 6% increase in distributed volume compared to Q3 2024, despite a 3% decline in revenue for Energy Distribution [3][6] - The company reaffirmed its 2025 EBITDA guidance of €710 million to €760 million, indicating strong operational execution amidst currency headwinds [16] Energy Distribution Performance - Volume distributed in Q3 2025 reached 1,581,000 m, up 6% from Q3 2024, while revenue for Energy Distribution was €1,560 million, down 3% [3][6] - Retail & Marketing segment saw a volume increase of 6%, with LPG unit margin rising by 4% in Europe [5][8] - Bitumen volumes surged by 17% year-on-year, with gross margin increasing by 33% [10] Regional Performance - In the Caribbean, volume increased by 10% and gross margin by 7% in Q3 2025 [7] - Africa experienced a 5% volume growth, with gross margin up by 11% [7][13] - Europe saw a slight decline in volume by 3%, but gross margin improved by 9% [7] Renewable Electricity Production - Photosol's operational capacity grew by 23% year-on-year to 633 MWp, with electricity production increasing by 19% [15] - Revenue from Renewable Electricity Production reached €21 million, up 24% compared to Q3 2024 [15] Support & Services - Revenue from Support & Services fell by 17% year-on-year to €215 million, primarily due to volatility related to the SARA refinery [11] - Trading volumes in the Caribbean were stable, with a 7% increase in volume and a 31% rise in gross margin [11] 9M Performance Overview - For the first nine months of 2025, total revenue was €4,855 million, down 2% from €4,972 million in 2024 [19] - Renewable Electricity Production revenue increased by 26% year-on-year, reflecting strong growth in this segment [19]
Sunoco (SUN) Receives an Upgrade from Wells Fargo
Yahoo Finance· 2025-11-04 01:12
Core Insights - Sunoco LP (NYSE:SUN) is recognized as one of the best high-yield energy stocks to invest in currently [1] - The company has received an upgrade from Wells Fargo, reflecting positive market sentiment and growth potential [2][3] Financial Performance and Valuation - Wells Fargo analyst Ned Baramov upgraded Sunoco's stock rating from Equal Weight to Overweight and raised the price target from $61 to $65, citing compelling pro-forma valuation and expected improvements in free cash flow post-merger [3] - Sunoco announced a 1.3% increase in its dividend to $0.9202 per share, resulting in an annual dividend yield of 7.05% [5] Strategic Developments - The Canadian government approved Sunoco's proposed acquisition of Parkland, valued at approximately $9.1 billion, which is expected to enhance the company's market presence in Canada and strengthen its position in North America's fuel distribution sector [4] - The transaction is anticipated to close on October 31, pending customary closing conditions [4]