Ampol fuels up for a 7-Eleven pursuit
Ampol which was opposed by the ACCC over a deal to buy Mobil sites a few years ago, is entering the chase for convenience retailer 7-Eleven.
Ampol
EV truck revolution will be a long time coming
The Ampol boss reckons the challenging economics of the EV shift means miners will need to find other answers to power big trucks
ASX ends down; Blackmores soars 23pc on takeover
Telstra sets best close in six years. Blackmores rockets on $1.85bn Kirin bid. Downer slashes 400 jobs. Guidance cut hits United Malt. ANZ warns nationalism a threat for lithium.
Viva’s On The Run play casts spotlight on Ampol
Markets are of the view that Viva’s latest deal may get Ampol thinking about more mergers and acquisitions as it, too, looks to diversify further away from fuel refining.
Ampol flags Lytton earnings hit
The fuel giant will stop operating a unit at the Lytton refinery until early May to fix an issue, impacting earnings by up to $50m.
ASX up tad on Origin, AGL; Lake dives 13pc
Goodman jumps on broker upgrade. Lake Resources dives on chair’s selldown. Latitude falls as cyber attack hits millions. Crown has now been hit with a ransom demand by a Russian cyber gang
Ampol faces doubts over future growth
Ampol may have staged a strong result, with annual net profit up 39.6 per cent at $727.5m, but weighing on the mind of management will still be its growth in the future.
BlueScope’s crash course on Bowen’s carbon cuts
The steelmaker’s green journey has more urgency given it is likely to be caught out in Chris Bowen’s new emissions crackdown.
Ampol fuels record earnings, bumper dividend
Fuels retailer Ampol expects buoyant trading conditions – which spurred record annual earnings and a bumper dividend payout to shareholders – to continue in 2023.
ASX ends flat as banks gain; NIB, A2 Milk dive
Financials up on Bendigo Bank’s half-year. NIB misses consensus. Bus win lifts Kelsian. Inghams gains on broker upgrades. Real estate stocks fall on weak results.
Ampol rallies on refinery strength
Shares in Ampol rose to their highest level in nearly three months as it continued to report refinery margins more than double what they were in 2020.
ASX ends up 0.1pc; Telix, JB Hi-Fi jump
Shares mostly unchanged as the Bank of Japan keeps its bond policy. Telix soars on US sales. JB Hi-Fi gains. Brett Blundy buys into City Chic as AustraliaSuper reduces stake.
ASX gains fade; Reliance, Ampol tank
Trading remained light on the local sharemarket ahead of Tuesday night’s Federal Budget. The S&P/ASX 200 trimmed a 0.8 per cent opening rise to close up 0.3 per cent at 6798.6. The high was the best in six weeks.
Ampol, Hyundai team up for cheaper EV charging
Ampol and South Korean car maker Hyundai have joined forces to capture a bigger market in selling EVs and services to corporate and government fleet clients.
ASX sinks 2pc in $46bn wipeout; tech, miners hit
ASX has its biggest one-day fall in two months as just four stocks higher. A2 Milk surges on result, iron ore futures hit miners, Fortescue profit drops and retail sales soar.
Ampol powers to record profit
Ampol has defended the fuel security subsidy introduced by the Morrison government after recording its strongest half-year profit ever.
ASX dives; Adbri, Magellan lead losses, NIB soars
ASX slumps to its worst session in six weeks. Adbri tumbles on profit hit, EML and NIB soar on results, Ampol dividend doubles and Link shareholders approve sale.
Ampol powers up first fast-charging site
Ampol has flicked the switch on its first AmpCharge site, as it looks to a nationwide roll out of fast electric vehicle chargers.
Ampol still a takeover target: Macquarie
Two years after Ampol was a target by off shore suitors, analysts believe it remains attractive to a buyer.
ASX drops 0.6pc; Pendal soars on Perpetual talks
ASX falls on broad losses led by tech and health. Pendal confirms Perpetual talks, coal miners lead energy rally, JB Hi-Fi sales boom and RBA says more rate hikes to come.
Original URL: https://www.theaustralian.com.au/topics/ampol/page/3