Ampol Ltd (ALD)

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Ampol Ltd (ALD) Profile

Ampol Ltd (ALD.xasx) is an independent petroleum company headquartered in Sydney, Australia. Ampol has 7,500 employees, supplying fuel to almost 80,000 customers in diverse markets across the Australian economy, including defence, mining, transport, marine, agriculture, aviation and other commercial sectors and serve more than 3M customers every week with fuel and convenience products. Ampol operates its trading and shipping business out of Singapore and Houston, has international storage positions across the Asia Pacific region and has a growing presence in New Zealand as the owner of Gull New Zealand. Ampol is continuing its sponsorship with the Red Bull Holden Racing for the Triple Eight Race Engineering, with the team updating its car livery and race suits to Ampol and its fuel brands. The company’s robust supply chain and strategic infrastructure positions across the country include 16 terminals, 6 major pipelines, 55 wet depots, approximately 1,900 branded sites, and one refinery. Ampol Ltd stock (ALD) is listed on the Australian Securities Exchange (ASX), had a market capitalisation of $7.30B (AUD) and $287M (AUD) in 2020 yearly revenue. Ampol Ltd, after the approval of its shareholder, the national roll-out of the Ampol brand across its retail network has begun and will complete by the end of 2022.

Holding cost
Trading hours in US Eastern Time

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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