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Markets

Viva Energy under pump as profit forecast takes a hit
3 months ago

Viva Energy under pump as profit forecast takes a hit

Lower oil price margins and a refinery blackout has forced Viva Energy to cut profit forecasts just four months after its sharemarket debut, amid an emerging battle to improve …
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Euro Garages leads race for Woolworths’ petrol stations
4 months ago

Euro Garages leads race for Woolworths’ petrol stations

Euro Garages owner EG Group appears to be in the box seat to buy Woolworths’ $1.8 billion petrol station operations as the supermarket giant’s discount department store Big W …
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Woolies petrol float put on ice
4 months ago

Woolies petrol float put on ice

Woolworths is understood to have pushed back until next year its initial public offering plans for its $2 billion petrol stations division as markets remain volatile and Viva Energy continues …
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Woolworths Petrol IPO up in the air as prices hit decade high
4 months ago

Woolworths Petrol IPO up in the air as prices hit decade high

Woolworths will decide by the end of October whether to press ahead with a $1.6 billion float of its fuel business amid fears decade-high petrol prices and a stoush between Coles and Viva Energy …
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Woolworths invites co-lead pitches for petrol float
5 months ago

Woolworths invites co-lead pitches for petrol float

Woolworths has widened its search for brokers to sell its petrol business via a proposed $2 billion-odd float.

Street Talk understands the Woolworths camp wrote to retail brokers last Friday, seeking …
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UK fuel retailers consider filling up at Woolworths Petrol
5 months ago

UK fuel retailers consider filling up at Woolworths Petrol

If there is one thing Woolworths CEO Brad Banducci doesn’t need to shout from the top of a mountain, it’s that his $2 billion-odd petrol business is for sale.

So perhaps …
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Oil prices ease as Trump tweets warning at OPEC
5 months ago

Oil prices ease as Trump tweets warning at OPEC

Oil prices eased on Thursday, slowing an upward surge that had pushed the market toward four-year highs, after U.S. President Donald Trump called on OPEC to “get prices down now!”


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How Amazon could threaten Caltex Australia Ltd and Woolworths Group Ltd
5 months ago

How Amazon could threaten Caltex Australia Ltd and Woolworths Group Ltd

The arrival of Amazon.com first posed a threat to the likes of JB Hi-Fi Limited (ASX: JBH) and Harvey Norman Holdings Limited (ASX: HVN) before speculation emerged that it would next target supermarkets.

Now the US-listed …
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Who Are The Major Shareholders In Caltex Australia Limited (ASX:CTX)?
6 months ago

Who Are The Major Shareholders In Caltex Australia Limited (ASX:CTX)?

A look at the shareholders of Caltex Australia Limited (ASX:CTX) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders …
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Caltex punished for low payout
6 months ago

Caltex punished for low payout

Fuel retailer Caltex, which plans to sell a $500 million stake in its convenience sites, has conceded it may have erred with a decision to cut its dividend after …
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