World Fuel Services Corporation engages in the marketing and sale of marine, aviation, and land fuel products and related services. The company’s Marine segment markets fuel and related services to international container and tanker fleets, and time-charter operators, as well as to the United States and foreign governments. This segment offers its products and services under World Fuel, Trans-Tec, Bunkerfuels, Oil Shipping, Marine Energy, Norse Bunker, Casa Petro, and Tramp Oil trade names. Its Aviation segment markets fuel and related services to commercial airlines, second and third-tier airlines, cargo carriers, regional and low cost carriers, corporate fleets, fractional operators, private aircraft, military fleets, and to the United States and foreign governments. Its aviation related services include fuel management and price risk management, as well as arranges and provides ground handling and international trip planning, including flights plans, weather reports, and overflight permits. This segment also offers a private label charge card to customers in the general aviation industry. In addition, it provides these products and services under World Fuel, PetroServicios de Mexico, Tramp Oil, PetroServicios de Costa Rica, Baseops, Airdata, and AVCARD. The company’s Land segment markets fuel and related services to petroleum distributors operating in the land transportation market. Its land related services include management services for the procurement of fuel, price risk management, and financing. World Fuel Services Corporation has offices located in the United States, the United Kingdom, Denmark, Norway, the Netherlands, Germany, Greece, Turkey, the United Arab Emirates, Russia, Taiwan, South Korea, Singapore, Japan, Hong Kong, Costa Rica, Brazil, Chile, Argentina, Mexico, Colombia, Canada, and South Africa. The company was founded in 1984 and is based in Miami, Florida.
Analysts'
Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $29 |
| Analysts' Targets |
| Wedbush Morgan Securities | $31 |
| Buy |
Wednesday, April 16, 2008
|
$22.26 (06/27/08)
