WKC

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC), operating as World Fuel, today announced that Michael J. Kasbar will step down as Executive Chairman and that independent director Ken Bakshi has been appointed Chairman of the Board. The changes will be effective December 31, 2026. Kasbar co-founded Trans Tec Services in 1984, the marine fuel brokerage business whose acquisition laid the foundation for what we know today as World Fuel. Over more than four decades with the Company, i.

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC), operating as World Fuel, announced today that its board of directors has declared a quarterly cash dividend of $0.23 per share, which is payable on October 16, 2026, to shareholders of record on September 28, 2026. About World Fuel Headquartered in Miami, Florida, we are a leading global provider of aviation, marine and ground-based transportation fuels and complementary services. Through an integrated global supply and logistics net.

World Kinet Corporation (WKC) has benefited from war-driven fuel supply turmoil, expanding margins and delivering record earnings across aviation and marine segments. WKC raised annual EPS guidance by 43% since pre-war estimates, yet management maintains a conservative outlook, avoiding extrapolation of current elevated margins. Despite a 60% stock price surge, WKC trades at 6.6x normalized earnings, supporting a dividend increase, and continues steady share buybacks, justifying a HOLD rating.

World Kinect (WKC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

World Kinect Corporation (WKC) Q2 2026 Earnings Call Transcript

World Kinect NYSE: WKC reported what executives described as an exceptional second quarter of 2026, with record adjusted earnings per share and record consolidated gross profit, helped by favorable market conditions tied to ongoing Middle East-related volatility and stronger execution across its aviation, marine and land businesses.

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the second quarter of 2026. Second Quarter 2026 Highlights Gross profit of $365 million Adjusted gross profit of $350 million GAAP net income of $48 million, or $0.94 per diluted share Adjusted net income of $66 million, or $1.29 per diluted share Adjusted EBITDA of $136 million Repurchased $14 million of common stock Increased regular quarterly cash dividend by 15% Reportable Segment Year-Over-Yea.

Does World Kinect (WKC) have what it takes to be a top stock pick for momentum investors? Let's find out.

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) invites you to participate in a conference call with its management team on Thursday, July 23, 2026, at 5:00 p.m. ET to discuss the company's second quarter 2026 results, as well as certain forward-looking information. The company plans to release its second quarter 2026 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.world-kinect.com/events. An on-dema.

KR, WOR, DAL, NECB and WKC recently raised dividends as persistent inflation and market risks keep income-focused investors on alert.