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INT $24.26

INT target price
24.26
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World Fuel Services Corporation
Type
Public
Traded as NYSE: INT
S&P 400 Component
Industry Energy, Transportation, Logistics
Founded 1984
Headquarters Miami, Florida, U.S.
Key people

Chairman and Chief Executive Officer: Michael J. Kasbar

Executive Vice President and Chief Financial Officer: Ira Birns
Products Gasoline, Diesel, Ethanol, Jet Fuel, Bunkers, ULSD, Fuel Oil, Biofuel, Lubricants, Propane, Glycol, Natural Gas, Electricity
Services Fuel Cards, Payment Processing, Ground Handling, Rail Logistics, Tanker Logistics, Rack Wholesale, Convenience Store Management, Convenience Store Branding
Revenue DecreaseUS$30.3 billion (2015)
Operating income
DecreaseUS$247.2 million (2015)
Net income
DecreaseUS$186.9 million (2015)
Total assets DecreaseUS$4.5 billion (2015)
Total equity IncreaseUS$1.9 billion (2015)
Number of employees
4,700 (May 2016)
Subsidiaries Multiservice Corp, Carter Energy, Alta Fuels and Transportation, Avinode, U.S. Energy Services, Texor Petroleum, Western Petroleum, MH Aviation, Colt Aviation, AvCard, Tramp Oil, Nordic Camp, FBO One, Total FBO, myFBO, Norse Bunker, PetroAir, Ascent Aviation, MH Aviation, PAPCO, APP, Kinect Energy
Website www.wfscorp.com

Chairman and Chief Executive Officer: Michael J. Kasbar

World Fuel Services Corporation is a Fortune 100 company that is based in Miami, Florida. It provides marketing and financing of aviation, marine and ground transportation fuel products and related services to commercial and corporate aircraft, petroleum distributors and ships at more than 3,500 locations around the world.

In 1985, Paul Stebbins and Michael Kasbar founded Trans-Tec Services, Inc., a marine fuel brokerage company. It was headquartered in New York City. Over the next 10 years they grew the company and built a global network of offices. In 1995, Stebbins and Kasbar sold Trans-Tec to International Recovery Corporation.

International Recovery Corporation was founded in Miami in 1984 and went public on the New York Stock Exchange (NYSE:INT) in 1986. The company changed its name to World Fuel Services Corporation after acquiring Trans-Tec. Stebbins and Kasbar served as members of the board of directors and managed the marine business, prior to taking on the corporate positions they hold today. Since 2008, the company has made a series of acquisitions in its principal field, and related fields such as the ground fuel market and energy management.

In 2013, the company was named as a co-defendant in various lawsuits as owner of Bakken formation light crude oil aboard a Montreal, Maine and Atlantic Railway train which derailed in Lac-Mégantic, Quebec on July 6, 2013, killing an estimated forty-seven people and destroying much of the community's downtown.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-26 Future report Set alerts
Q2 2022 2022-07-28 0.41 0.41
Q1 2022 2022-04-28 0.00 0.00
Q4 2021 2022-02-24 0.00 0.00
Q3 2021 2021-10-28 0.00 0.00
Q2 2021 2021-07-29 0.39 0.39
Q1 2021 2021-04-29 0.33 0.33
Q4 2020 2021-02-25 0.00 0.00
Q3 2020 2020-10-29 0.00 0.00
Q2 2020 2020-07-30 0.13 -0.16

Ratings

2016-04-29 Downgrade Credit Suisse Outperform to Neutral $45.00
2016-04-29 Downgrade Credit Suisse Group AG Outperform to Neutral $45.00
2016-04-13 Reiterated Rating Bank of America Hold $50.00
2016-04-13 Reiterated Rating Bank of America Corp. Hold $50.00
2016-02-22 Reiterated Rating Bank of America Neutral $43.00 to $47.00
2016-02-11 Upgrade Bank of America Underperform to Neutral $41.00 to $43.00
2015-11-01 Reiterated Rating Bank of America Underperform $41.00
2015-09-11 Lower Price Target Bank of America Underperform $44.00 to $40.00
2015-08-03 Lower Price Target Credit Suisse Outperform $60.00 to $50.00
2015-07-31 Downgrade Bank of America Neutral to Underperform $66.00 to $44.00
2015-07-31 Downgrade Stephens Overweight to Equal Weight $65.00 to $44.00
2014-12-16 Upgrade Stephens Equal Weight to Overweight
2014-07-31 Reiterated Rating Bank of America Neutral to Buy
2014-07-31 Boost Price Target Evercore ISI $46.00 to $49.00
2013-10-31 Lower Price Target Evercore ISI Equal Weight $43.00 to $40.00
2010-11-01 Initiated BB&T Capital Mkts Buy $40
2010-08-24 Reiterated Ladenburg Thalmann Buy $35 to $32
2009-03-10 Initiated Ladenburg Thalmann Buy $33.50
2008-05-09 Reiterated Wedbush Morgan Hold $31 to $27
2008-04-16 Reiterated Wedbush Morgan Hold $34 to $31
2007-11-09 Reiterated Calyon Securities Add $46 to $45
2007-08-13 Downgrade Calyon Securities Buy to Add $48 to $46
2007-05-14 Reiterated Wedbush Morgan Buy $49 to $45
2007-05-14 Reiterated Calyon Securities Buy $50 to $48
2007-03-05 Upgrade Calyon Securities Add to Buy $53 to $50
2007-03-05 Reiterated Wedbush Morgan Buy $52 to $49
2016-04-29 Downgrade Credit Suisse Outperform to Neutral $45.00
2016-04-29 Downgrade Credit Suisse Group AG Outperform to Neutral $45.00
2016-04-13 Reiterated Rating Bank of America Hold $50.00
2016-04-13 Reiterated Rating Bank of America Corp. Hold $50.00
2016-02-22 Reiterated Rating Bank of America Neutral $43.00 to $47.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
KASBAR MICHAEL J CEO and President 1.13%  (816985) INT /
STEBBINS PAUL H Chief Executive Officer 0.32%  (233664) FSLR / INT /
SHEA FRANCIS X Executive VP & CRAO 0.25%  (182991) INT /
Birns Ira M Executive VP & CFO 0.16%  (117056) INT /
CLEMENTI MICHAEL Pres, World Fuel Services Inc. 0.15%  (109320) INT /
Roddenberry Stephen K 0.10%  (73657) INT /
RAU JOHN PETER EVP, Global Aviation & Marine 0.08%  (60900) INT /
Smith Jeffrey Paul EVP and COO 0.08%  (55949) INT /
Lake Robert Alexander EVP, Chf. Legal Officer, CoSec 0.06%  (44294) INT /
CROSBY MICHAEL EVP, Global Land 0.06%  (43193) INT /
BAKSHI KEN 0.06%  (40072) INT /
PRESBY J THOMAS 0.05%  (37848) EXAM / FSLR / INT / IVZ /
KASSAR RICHARD A 0.05%  (36942) INT /
Manley John L 0.04%  (27106) INT /
KLEIN MYLES 0.03%  (23614) INT /
NOBEL PAUL Senior VP & CAO 0.03%  (19760) INT / KOS /
Benitez Jorge L. 0.02%  (11667) FITB / INT /
Velazquez Carlos M. SVP, Chief Accounting Officer 0.01%  (10096) INT /
KOHNSTAMM ABBY F 0.01%  (5272) INT / PBI /