- Ampol‘s preliminary RCOP EBIT is estimated between A$500 million and A$510 million for the first half of 2024.
- Preliminary RCOP EBITDA is projected to be in the range of A$735 million to A$745 million.
- Total fuel sales volume for the period is around 13.25 billion liters.
- Convenience Retail saw year-on-year EBIT growth due to a favorable mix of premium fuels.
- The New Zealand segment posted higher EBIT, bolstered by diversified market channels and Ampol’s integrated supply chain benefits.
- Fuels & Infrastructure International experienced a decline in EBIT because of less favorable trading conditions, especially in the second quarter.
- Lytton Refiner Margin (LRM) for the first half of 2024 was $10.27 per barrel.
- LRM for the second quarter was lower at $8.81 per barrel, due to reduced product cracks and a short-term lag between crude pricing and its use in production.
- Analysts’ recommendations include 4 buys, 7 holds, and 0 sells.
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A look at Ampol Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Ampol appears to have a mixed long-term outlook. The company scores high in Dividend and Growth, indicating a strong dividend payment history and potential for future growth. This suggests that investors looking for stable income and growth opportunities may find Ampol attractive. However, the company scores lower in Value and Resilience, which could signal concerns about valuation and the ability to weather uncertainties in the market.
Ampol‘s momentum score falls in the middle range, reflecting a neutral stance on the company’s short-term price trend. Overall, investors interested in a company with a solid dividend track record and growth potential may view Ampol favorably, but those seeking undervalued or highly resilient investments might approach with caution.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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