Company
World Fuel Services Corporation
Headquarters: Miami, FL, United States
Founded: 1984
Employees: 4,414
CEO: Mr. Michael J. Kasbar
Market Cap
$1.67 Billion
USD as of Jan. 1, 2023
World Fuel Services Corporation Categories
United States Energy Oil & Gas Refining & MarketingUnited States Energy United States Oil & Gas Refining & Marketing
Top Competitors by Market Capitalization
Industry: Oil & Gas Refining & Marketing
| Company | Market Cap (USD) |
|---|---|
| Marathon Petroleum Corporation | $59.95 B |
| Phillips 66 | $59.72 B |
| Valero Energy Corporation | $45.53 B |
| Neste Oyj | $27.30 B |
| Formosa Petrochemical Corp | $24.77 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $2.132 T |
| ExxonMobil | $412.55 B |
| Chevron | $287.56 B |
| Shell | $213.51 B |
| PetroChina | $182.61 B |
Detailed Description
World Fuel Services Corporation engages in the distribution of fuel and related products and services in the aviation, marine and land transportation industries worldwide. Its Aviation segment supplies 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, the U.S., foreign governments, intergovernmental organizations, and military customers. This segment also offers fuel management, price risk management, ground handling, dispatch services and trip planning services, such as flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, heating oil, propane, natural gas, lubricants and related products and services to petroleum distributors and retail petroleum operators, as well as industrial, commercial, residential and government customers. This segment also offers management services for procuring fuel and price risk management; advisory and fulfillment solutions related to power, natural gas and other energy products; consulting, renewable fuel products, carbon management and renewable energy solutions and card payment solutions; and transaction management and commercial payment programs. Its Marine segment markets fuel, lubricants and related products and services to international container and tanker fleets, commercial cruise lines, yachts and time charter operators, offshore rig owners and operators, the U.S., foreign governments, and other fuel suppliers. Its marine fuel-related services include management services to procure fuel, cost control, quality control, and claims management services. This segment also engages in the fueling of vessels, transportation and delivery of fuel and fuel-related products. World Fuel Services Corporation was incorporated in 1984 and is headquartered in Miami, Florida.
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Stocks & Indices
World Fuel Services Corporation has the following listings and related stock indices.
Stock: NYSE: INT wb_incandescent
Stock: FSX: WFK wb_incandescent
Product & Services
Energy commodities, derivatives, Logistics, trading, transportation, financing
Key People
Michael J. Kasbar, Chairman & CEO
Financials
Revenue: US$39.75 billion (2018)
Operating income: US$259.7 million (2018)
Net income: US$127.7 million (2018)
Total assets: US$5.688 billion (2018)
Total equity: US$1.832 billion (2018)