Ampol share price dives on 68% full year profit plunge
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The Ampol Ltd (ASX: ALD) share price is taking a tumble today.
Shares in the S&P/ASX 200 Index (ASX: XJO) energy stock closed Friday trading for $28.03. In early morning trade on Monday, shares are changing hands for $27.16 apiece, down 3.1%.
For some context, the ASX 200 is down 0.9% at this same time.
This underperformance follows the release of Ampol’s full calendar year 2024 results.
Here’s what’s happening.
Ampol share price slides alongside earnings
The Ampol share price is taking a hit after the Aussie fuel supplier reported a 45% year on year decline in replacement cost operating profit earnings before interest and tax (RCOP EBIT) of $715 million.
RCOP earnings before interest, taxes,…
