NYSE:WKCOil and Gas
World Kinect Turnaround Focuses On Core Profitability And Shareholder Returns
World Kinect (NYSE:WKC) is advancing its turnaround by divesting non-profitable land divisions.
The company is also pursuing aggressive share repurchases to reduce its share float.
These actions represent a clear shift in how WKC is shaping its business mix and capital allocation.
World Kinect, known for its energy and related services, is reshaping its portfolio by exiting land operations that are not profitable. For you as an investor, that means the business mix could lean more toward...