ASX:ALDOil and Gas
Ampol (ASX:ALD) Shares Repriced As Refining Windfall Meets Debt Risk
Ampol shares closed at A$41.57 after the market had a full day to process what was a heavy hitting half. The stock has already logged a 23.4% gain over the past three months, yet the latest numbers still force investors to rethink what they are paying for.
The headline is simple. Ampol reported a large profit in H1 2026, with net income of A$1.36b and basic earnings per share of A$5.74 on revenue of A$20.4b. The market is looking at a P/E of 6.7x and a balance sheet carrying A$3.52b of net...