Ampol Ltd outperforms the Energy sector despite losses on the day
Here is the latest company close update for Ampol Ltd, ALD.
Ampol
ASX 200 mostly erases gain as ANZ dives; Gold Road top gainer
WA miner Gold Road hits record amid standoff with rejected suitor, partner Gold Fields. Regal in recovery mode as Opthea questions remain. James Hardie stays in the red after analyst ratings changes. Budget to reveal worsening debt outlook.
Investors signal an end to deals as share prices go into reverse
Investors are sending a clear message to listed companies about their disapproval of mergers and acquisitions, with several major companies sold off sharply following big deals.
EV transition taking longer as fuel demand hits record high
Ampol says fuel demand has hit a record high, countering expectations of a rapid rise of EVs, which was a key reason for its expansion strategy.
ASX 200 ends tad higher; investors punish WiseTech
Investors wipe around $7.54bn from WiseTech amid board woes with founder Richard White. Perpetual sinks KKR deal, hangs ‘for sale’ sign over wealth arm. Iress heavy loser despite swing to profit. Ampol slashes dividends. Underlying earnings up for APA.
Rate cuts will require discipline: Ampol CEO
Matt Halliday calls for economic discipline, to enable the forecast interest rate cuts that will assist in stimulating the economy.
ASX 200 trims falls; ACCC gives nod for Virgin-Qatar deal
Interim nod for the aviation partners to operate 28 weekly return flights between Doha and Aus cities. Meta warns on incoming social media ban. Cbus chair Wayne Swan says no ‘reserve’ being built for fine payments. ANZ forecasts May rate cut.
Ampol accelerates EV charging infrastructure
Ampol has completed the rollout of its first so-called destination charging station.
Oil giant’s electric dreams stuck in the slow lane
Ausgrid says it has the capacity to meet growing demand for EV charging after Ampol reported its rollout of a fast-charging network was making slower progress than hoped.
Retail driving Ampol’s earnings
Ampol’s retail and convenience divisions helped drive an almost 200 per cent increase in full-year net profit, but investors continue to fret over the outlook for its traditional fuel business.
Unionists down tools as Jim makes refinery appearance
Workers downed tools when Federal Treasurer Jim Chalmers made a rockstar appearance at the Ampol Refinery at Lytton earlier this week.
Chaos warning at Sydney airport amid strike
Passengers can expect cancellations and delays as strike action is expected to cause disruption.
Airline chaos looms as refuellers prepare to strike
Qantas and Virgin are among the airlines facing disruption when Ampol refuellers walk off the job at Sydney Airport next week.
Chaos warning at Sydney airport amid strike
Passengers can expect cancellations and delays as strike action is expected to cause disruption.
Retail arm hits Ampol earnings forecast
Ampol expects half-year earnings before interest and tax to fall from last year’s levels as stagnant returns from its retail business and lower refinery margins weigh on performance.
ASX 200 hits two-week low; Fortescue, Macquarie fall
Senate committee to grill PwC CEO Kevin Burrowes, former bosses again. Commodities sink despite China rate cut. Fortescue misses guidance. ANZ suspends, sacks staff as market manipulation probe continues. Macquarie’s flat first quarter.
Ampol getting a taste for food outlets
With Retail Food Group worth less than $200m and Ampol worth over $7bn, could the food franchise business be a buying opportunity for the fuel retailer?
On path to renewables don’t forget big industry’s needs
For Australia to reach its global commitments on carbon emissions reductions, the nation needs to address the needs of the heavy transport, mining and aviation industries.
On path to renewables don’t forget big industry’s needs
For Australia to reach its global commitments on carbon emissions reductions, the nation needs to address the needs of the heavy transport, mining and aviation industries.
Hopes of Ampol buying EG’s Australian portfolio fade
Expectations that Ampol will buy EG Group’s portfolio of Australian services stations are fading with reports circling that the target is in terrible shape.
‘Shameful’: Walkleys abandon fossil fuel sponsors
The nation’s most prestigious journalism awards has cut ties with Ampol, and will only partner with sponsors who offer a ‘tangible benefit to humanity’.
Ampol tipped to remain in pole position for EG Group play
Ampol could emerge with a deal worth about $1.5bn to buy EG Group’s Australian business.
ASX up as interest rate jitters recede
The sharemarket extended its gains, closing up 0.4 per cent. Origin, NSW in talks to extend Eraring by four years. CBA pushes back rate cut call. Weak retail data hits Aussie dollar. ASIC sues Magnis and chair. Worley falls.
Ampol weighs EG service station buy to fuel growth
The $9bn Australian fuel refiner and retailer Ampol is believed to be weighing an acquisition of EG’s portfolio of Australian service stations.
Ampol shrugs off hip pocket pain
Ampol’s Lytton refinery was hit by two costly outages in 2023, but stronger fuel and in-store sales have helped the company to another year of record earnings.
ASX ends flat; Lendlease leads property falls
Economy to remain resilient: Westpac. Bendigo Bank sees competition issues in ANZ’s Suncorp bid. Boral gains, Seven Group dips on takeover play. APM, A2 Milk soar.
Ampol flags record year as retail offsets refinery earnings
Ampol is accelerating its transition away from being just an oil refiner, flagging record annual earnings thanks to a strong performance from its retail convenience business.
Ampol shares jump as margin drives bumper quarter
Ampol has delivered a stellar quarter as a result of strong refining margins, sending shares up as much as 6 per cent.
ASX 200 flat as rate hike looms
RBA Nov hike likely on inflation uptick. No interim Takeovers Panel orders as Whitehaven complains about Bell Rock’s ‘failure’. Protest vote against Tabcorp pay policy. Magellan falls on CEO’s sudden exit.
Westpac picks Ampol’s Gregg as new chair
Former investment banker Steven Gregg will take over as chairman of Westpac at the end of the year, succeeding John McFarlane.
Original URL: https://www.theaustralian.com.au/topics/ampol