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Last €51.48 EUR
Change Today -0.82 / -1.57%
Volume 0.0
As of 1:37 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

world fuel services corp (WFK) Snapshot

Open
€52.05
Previous Close
€52.30
Day High
€52.46
Day Low
€51.48
52 Week High
04/15/15 - €54.41
52 Week Low
10/14/14 - €29.01
Market Cap
3.7B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
72.2M
EX-Date
03/18/15
P/E TM
--
Dividend
€0.25
Dividend Yield
0.28%
Current Stock Chart for WORLD FUEL SERVICES CORP (WFK)

world fuel services corp (WFK) Related Businessweek News

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world fuel services corp (WFK) Details

World Fuel Services Corporation, a fuel logistics, transaction management, and payment processing company, sells and distributes fuel and related products and services in the aviation, marine, and land transportation industries. It operates through three segments: Aviation, Marine, and Land. The Aviation segment provides fuel and related products and services to commercial airlines, second and third-tier airlines, cargo carriers, regional and low-cost carriers, airports, fixed based operators, corporate fleets, fractional operators, private aircraft, military fleets, and to the U.S and foreign governments. Its aviation-related services include fuel management, price risk management, arranging ground handling, dispatch services, and arranging air charter; and arranging and providing flight plans, weather reports, and over flight permits. The Marine segment provides fuel, lubricants, and related products and services to international container and tanker fleets, commercial cruise lines, yachts and time-charter operators, and the U.S and foreign governments, as well as other fuel suppliers. Its marine fuel related services comprise management services for the procurement of fuel, cost control, quality control, and claims management. This segment also offers fueling of vessels in port and sea, and transportation and delivery of fuel and fuel products. The Land segment provides fuel, heating oil, lubricants, and related products and services to petroleum distributors operating in the land transportation market; retail petroleum operators; and industrial, commercial, residential, and government customers, as well as markets crude oil. Its land-related services include management services for the procurement of fuel and price risk management. The company also offers transaction management services, such as card payment solutions, merchant processing services, and payment solutions. World Fuel Services Corporation was founded in 1984 and is headquartered in Miami, Florida.

4,041 Employees
Last Reported Date: 02/12/15
Founded in 1984

world fuel services corp (WFK) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $713.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $489.6K
President of Aviation Fuel Services Segment, ...
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2014.

world fuel services corp (WFK) Key Developments

World Fuel Services Corporation Increases Quarterly Cash Dividend, Payable on April 10, 2015

World Fuel Services Corporation announced that its board of directors has increased its quarterly cash dividend by 60% to $0.06 per share, payable on April 10, 2015 to shareholders of record on March 20, 2015.

World Fuel Services Corp. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Tax Rate Guidance for the Year 2015

World Fuel Services Corp. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenue was $9,779,555,000 compared to $10,404,653,000 for the same period a year ago. Income from operations was $70,929,000 compared to $64,478,000 for the same period a year ago. Income before income taxes was $83,237,000 compared to $60,810,000 for the same period a year ago. Net income attributable to the company was $67,134,000 or $0.94 per diluted share compared to $51,862,000 or $0.73 per diluted share for the same period a year ago. Net cash provided by operating activities was $12,095,000 compared to $50,555,000 for the same period a year ago. Capital expenditures were $13,051,000 compared to $32,430,000 for the same period a year ago. Non-GAAP net income attributable to the company was $68,142,000 or $0.96 per diluted share compared to $60,135,000 or $0.85 per diluted share for the same period a year ago. For the full year, the company reported revenue was $43,386,389,000 compared to $41,561,947,000 for the same period a year ago. Income from operations was $269,148,000 compared to $264,358,000 for the same period a year ago. Income before income taxes was $269,551,000 compared to $246,665,000 for the same period a year ago. Net income attributable to the company was $221,747,000 or $3.11 per diluted share compared to $203,075,000 or $2.83 per diluted share for the same period a year ago. Net cash provided by operating activities was $141,160,000 compared to $264,302,000 for the same period a year ago. Capital expenditures were $50,153,000 compared to $82,716,000 for the same period a year ago. Non-GAAP net income attributable to the company was $249,099,000 or $3.49 per diluted share compared to $230,527,000 or $3.22 per diluted share for the same period a year ago. The company had more than $300 million of cash at year end, and net debt was under $400 million. For the full year, excluding the one-time gain and all one-time expenses, diluted earnings per share was $3.04, an increase of; 6% year-over-year. EBITDA, excluding the gain on the sale of the joint ventures and other one-time expenses, was $348 million, up $43 million or 14% compared to 2013. The company estimated effective tax rate for the full year of 2015 should be between 17% and 20%.

World Fuel Services Corporation Enters into Amendment No. 1 to the Fourth Amended and Restated Credit Agreement

On January 30, 2015, World Fuel Services Corporation entered into Amendment No. 1 to the Fourth Amended and Restated Credit Agreement and Joinder Agreement by and among the Company and certain of its subsidiaries, as borrowers, Bank of America, N.A., as administrative agent, and the financial institutions named therein as lenders. The Amendment amended certain terms and conditions of the Company's Fourth Amended and Restated Credit Agreement, dated as of October 10, 2013, including to: (i) increase the size of the revolving credit facility to approximately $1.26 billion (which may be increased by up to an additional $150 million); (ii) add a new $100 million term loan facility, thereby increasing the aggregate outstanding term loans to approximately $340 million; and (iii) modify certain financial and other covenants to provide greater operating flexibility.

 

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WFK Competitors

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Industry Analysis

WFK

Industry Average

Valuation WFK Industry Range
Price/Earnings 18.2x
Price/Sales 0.1x
Price/Book 2.2x
Price/Cash Flow 18.5x
TEV/Sales 0.1x
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