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Caltex

Caltex leans on Woolworths to drive retail growth
2 weeks ago

Caltex leans on Woolworths to drive retail growth

Reduced fuel volumes and lower margins due to “targeted competitor actions” in Q3 wiped $20 million off of Caltex’s forecasted EBIT range for this year.

The revised range for the …
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The truth about soaring petrol prices: Why servos are barely making any money despite selling expensive fuel
3 weeks ago

The truth about soaring petrol prices: Why servos are barely making any money despite selling expensive fuel

Service station franchisees have pleaded with their customers to understand they barely make any money even through petrol prices are at a 10-year high.

The Caltex business owners’ …
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How Amazon could threaten Caltex Australia Ltd and Woolworths Group Ltd
2 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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Caltex pays $5.7 million to workers after underpayment scandal
2 months ago

Caltex pays $5.7 million to workers after underpayment scandal

Petrol giant Caltex has paid out $5.7 million to workers for underpayments after a series of compliance breaches and exploitation were uncovered in its franchise network last year.

At a …
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Caltex, Woolies in new marriage of convenience
3 months ago

Caltex, Woolies in new marriage of convenience

Caltex Australia will slow the rollout of its The Foodary convenience store brand after signing a new fuel and food supply deal with Woolworths.

The fuel refiner and retailer will …
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Caltex Rethinks Real Estate Move
3 months ago

Caltex Rethinks Real Estate Move

Caltex Australia has found that sale and lease back – one of the usual ways of releasing capital (and favoured by many corporate strategists and private equity) isn’t all its …
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Caltex partners with Rural Aid to back farming communities
3 months ago

Caltex partners with Rural Aid to back farming communities

Today Caltex announced a $100,000 donation to Rural Aid and an ongoing drought assistance package to lend a hand to rural producers facing tough times in the drought affected areas …
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Why the IPO of Viva Energy may be sucking the wind out of Caltex Australia Limited (ASX:CTX)
4 months ago

Why the IPO of Viva Energy may be sucking the wind out of Caltex Australia Limited (ASX:CTX)

he share price of Caltex Australia Limited (ASX: CTX) has been under pressure recently despite striking a 15-year supply deal with Woolworths Group Ltd (ASX: WOW).

Caltex was supposed to have lost the contract, so …
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Woolies fuel deal safe, says Caltex
4 months ago

Woolies fuel deal safe, says Caltex

Caltex’s 15-year fuel supply agreement with Woolworths’ will not come under any pressure from the supermarket giant’s plans to float or sell its petrol business, Caltex boss Julian Segal …
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Man seriously injured at Perth petrol station
4 months ago

Man seriously injured at Perth petrol station

A Perth man has undergone emergency surgery after a driver’s alleged mistake behind the wheel at a Perth petrol station.

The 28-year-old civil construction worker suffered multiple broken bones and …
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