Statistics
The World Kinect stock price is currently $ 35.65 with a total market cap valuation of $ 1.82B (51.15M shares outstanding). The World Kinect is trading on NYSE under the ticker sign WKC. World Kinect price is up
Description
World Kinect Corporation (WKC) is a global leader in providing comprehensive fuel and energy solutions, along with associated products and services, across the aviation, marine, and land transportation sectors. The company's Aviation division delivers fuel, complementary products, and vital support services to a diverse clientele. This includes major commercial, regional, cargo, and low-cost airlines, as well as airports, fixed-base operators (FBOs), corporate and private aircraft, charter and fractional operators, and governmental and military entities worldwide. Beyond fuel supply, its offerings encompass fuel and price risk management, ground handling, dispatch, and extensive trip planning services, including flight scheduling, weather intelligence, and overflight permit facilitation. WKC's Land division supplies a broad range of energy products, including fuel, lubricants, heating oil, natural gas, and electricity, along with associated services. Its customer base spans retail fuel networks, industrial and commercial enterprises, residential consumers, and governmental organizations. Key services include energy procurement, price risk management, and sustainability initiatives, such as carbon footprint reduction and renewable energy solutions. Furthermore, it manages long-term supply agreements for branded and unbranded fuels to distributors, convenience stores, and third-party retail outlets, while also providing heating oil and unbranded fuel distribution, coupled with comprehensive transportation logistics. The Marine segment caters to a diverse global maritime industry, providing fuel, lubricants, and ancillary marine solutions to international shipping fleets (container, dry bulk, tanker), cruise lines, yachts, charter operators, offshore rig owners, governmental bodies, and other fuel providers. This segment offers comprehensive fuel management services, encompassing procurement, stringent cost and quality control, and claims handling. Additionally, it directly facilitates the fueling of vessels and manages the transportation and delivery of its marine energy products. Established in 1984, the company was previously known as World Fuel Services Corporation before rebranding as World Kinect Corporation in June 2023. It maintains its headquarters in Miami, Florida.
Company Profile
- Full Name: World Kinect
- Sector: Energy
- Website: https://worldkinect.com
