Why These Energy Stocks Are Gaining This Week

3. World Kinect Corporation (NYSE:WKC)

Share Price Gains Between Feb. 14 – Feb. 24: 11.85%

Headquartered in Florida, World Kinect Corporation (NYSE:WKC) is a leading global energy management company, offering a broad suite of solutions. The company recently released its Q4 2024 results, posting adjusted EPS of $0.62, beating expectations by $0.12. WKC also generated $260 million of operating cash flow in 2024, returning $139 million to shareholders through dividends and share repurchases, reflecting a 47% YoY increase. Over the last three years, the company has returned $312 million to shareholders through buybacks and dividends, representing 72% of the free cash flow generated during the period.

As for Q1 2025, World Kinect Corporation (NYSE:WKC) guided consolidated gross profit in the range of $234M to $241M, reflecting seasonal declines in aviation and marine offset by expected YoY improvement in the land segment.