While industry conditions were challenging last year, World Fuel Services does see better days ahead. In the press release, CEO Michael Kasbar noted, "We are optimistic about our prospects for 2017 and are focused on executing on our long-term strategy.
World Fuel Services Corporation (INT) ended its day with loss -0.03% and finalized at the price of $35.14. During its last trading session, Stock traded with the total exchanged volume of 1.1 million shares.
World Fuel Services is struggling a bit of late, in part as higher expenses and turmoil in marine are hurting margins. Margin pressure is combined with continued volume growth and deal-making, allowing earnings to be flat.