Ampol Ltd
ALD: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Y$ | LOCK|DK | LOCK|rx>#y&! |
Ampol Well Positioned for Middle East Uncertainty
Business Strategy and Outlook
Ampol owns and operates a major refined petroleum product import terminal at Kurnell in Sydney and a refinery at Lytton in Brisbane. Annual refining capacity fell by half to 6.0 billion liters, about one-third of the company's marketed volumes, when Kurnell closed in 2014. The refineries and finished product import terminals are integrated with pipelines, distribution, and marketing. The national service station network exceeds 1,800, including more than 600 operated Foodary convenience sites. There are also over 500 sites in New Zealand via subsidiary Z Energy.
