Ampol Ltd

ALD: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Ampol: Refining Turnaround and Resilient Retail Support Stronger Earnings

Mark Taylor , Leo Wang

Oct 30, 2025

Ampol reported third-quarter 2025 Lytton refiner margin of USD 10.64 per barrel, well above the USD 1.48 per barrel on last year. However, total sales volumes fell 8% to 6.0 billion liters due to the planned turnaround and inspection at Lytton and less international trading. Shares fell about 2%.

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Ampol Ltd

Ampol: Refining Turnaround and Resilient Retail Support Stronger Earnings

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