Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Fuel Product | | | | 2,146.2 | 2,196.4 | 2,463.4 | | 2,601.6 |
| Specialty Product | | | | 1,447.3 | 1,382.4 | 1,378.5 | | 1,370.7 |
| Total revenues [+] | 4,686.7 | 3,148.0 | 2,268.2 | 3,452.6 | 3,497.5 | 3,763.8 | 3,493.6 | 3,930.3 |
| Products | 4,686.7 | 3,148.0 | 2,268.2 | 3,452.6 | | | | |
| Refining & marketing | | | | | | | | 3,930.3 |
| Revenue growth [+] | 48.9% | 38.8% | -34.3% | -1.3% | -7.1% | 7.7% | -11.1% | -32.1% |
| Fuel Product | | | | -2.3% | -10.8% | | | |
| Specialty Product | | | | 4.7% | 0.3% | | | |
| Cost of goods sold [+] | 4,349.6 | 3,017.6 | 2,178.9 | 3,021.4 | 3,078.9 | 3,293.0 | 3,107.3 | 3,564.6 |
| Transportation costs | | | | | | | | 153.6 |
| Direct taxes | 13.7 | 12.5 | 9.8 | 20.5 | 18.1 | 24.1 | 19.3 | 17.1 |
| Refining and marketing costs | | | | | | | | 3,393.9 |
| Other direct costs | | | | | | 3.3 | | |
| Gross profit | 337.1 | 130.4 | 89.3 | 431.2 | 418.6 | 470.8 | 386.3 | 365.7 |
| Gross margin | 7.2% | 4.1% | 3.9% | 12.5% | 12.0% | 12.5% | 11.1% | 9.3% |
| Selling, general and administrative [+] | 194.9 | 203.9 | 138.9 | 189.8 | 180.7 | 204.4 | 175.6 | 197.7 |
| Sales and marketing | 53.9 | 52.8 | 47.8 | 53.1 | 58.2 | 65.7 | 69.8 | 71.8 |
| General and administrative [+] | 141.0 | 151.1 | 91.1 | 136.7 | 122.5 | 138.7 | 105.8 | 125.9 |
| General and administrative expenses | 141.0 | 151.1 | 91.1 | 136.7 | 122.5 | 138.7 | 105.8 | 125.9 |
| Equity in earnings | | | | -3.8 | 3.7 | | 18.3 | -61.1 |
| Other operating expenses | 8.1 | 8.0 | 15.5 | 136.8 | 110.2 | -334.9 | 246.9 | 35.1 |
| EBITDA [+] | 232.4 | 26.2 | 40.0 | 210.9 | 249.5 | 756.1 | 134.1 | 194.4 |
| EBITDA growth | 787.0% | -34.5% | -81.0% | -15.5% | -67.0% | 463.8% | -31.0% | 6.8% |
| EBITDA margin | 5.0% | 0.8% | 1.8% | 6.1% | 7.1% | 20.1% | 3.8% | 4.9% |
| Depreciation | 88.8 | 95.9 | 90.8 | 93.3 | 98.3 | 130.2 | 125.1 | 93.2 |
| EBITA | 143.6 | -69.7 | -50.8 | 117.6 | 151.2 | 625.9 | 9.0 | 101.2 |
| EBITA margin | 3.1% | -2.2% | -2.2% | 3.4% | 4.3% | 16.6% | 0.3% | 2.6% |
| Amortization of intangibles | 9.5 | 11.8 | 14.3 | 16.8 | 19.8 | 24.6 | 26.9 | 29.4 |
| EBIT [+] | 134.1 | -81.5 | -65.1 | 100.8 | 131.4 | 601.3 | -17.9 | 71.8 |
| EBIT growth | -264.5% | 25.2% | -164.6% | -23.3% | -78.1% | -3459.2% | -124.9% | 65.4% |
| EBIT margin | 2.9% | -2.6% | -2.9% | 2.9% | 3.8% | 16.0% | -0.5% | 1.8% |
| Non-recurring items [+] | 0.7 | 4.1 | 6.8 | 28.3 | 4.8 | 443.3 | -35.9 | -24.3 |
| Asset impairment | 0.7 | 4.1 | 6.8 | 37.0 | | 207.3 | -35.9 | -24.3 |
| Interest expense | 175.9 | 149.5 | 125.9 | 134.6 | 155.5 | 183.1 | 161.7 | 104.9 |
| Interest expense | 175.9 | 149.5 | 125.9 | 134.6 | 155.5 | 183.1 | 161.7 | 104.9 |
| Other income (expense), net [+] | -125.9 | -23.5 | 49.9 | 19.0 | -21.4 | -6.3 | -152.9 | -76.4 |
| Gain (loss) on sale of assets | | | | 1.2 | 0.2 | | -113.4 | |
| Gain (loss) on debt retirement | -41.4 | -0.5 | | -2.2 | -58.8 | | | -46.6 |
| Unrealized gain/loss on derivatives | -81.7 | -23.3 | 52.4 | 9.0 | 33.8 | -9.6 | -4.1 | -31.4 |
| Other | -2.8 | 0.3 | -2.5 | 3.4 | 10.8 | 3.3 | 1.2 | 1.6 |
| Pre-tax income | -168.4 | -258.6 | -147.9 | -43.1 | -50.3 | -31.4 | -296.6 | -85.2 |
| Income taxes | 3.4 | 1.5 | 1.1 | 0.5 | 0.7 | -0.1 | 0.2 | 0.2 |
| Tax rate | | | | | | 0.3% | | |
| Earnings from continuing ops | -161.8 | -254.9 | -146.0 | -42.7 | -49.9 | -29.2 | -290.2 | -99.4 |
| Earnings from discontinued ops | | | | | -4.1 | -72.5 | -31.8 | -54.0 |
| Net income | -161.8 | -254.9 | -146.0 | -42.7 | -54.0 | -101.7 | -322.0 | -153.4 |
| Net margin | -3.5% | -8.1% | -6.4% | -1.2% | -1.5% | -2.7% | -9.2% | -3.9% |
| |
| Basic EPS [+] | ($2.04) | ($3.23) | ($1.86) | ($0.55) | ($0.64) | ($0.38) | ($3.77) | ($1.33) |
| Growth | -36.8% | 73.2% | 241.2% | -14.7% | 70.1% | -90.0% | 183.8% | -26.3% |
| Diluted EPS [+] | ($2.04) | ($3.23) | ($1.86) | ($0.55) | ($0.64) | ($0.38) | ($3.77) | ($1.33) |
| Growth | -36.8% | 73.2% | 241.2% | -14.7% | 70.1% | -90.0% | 183.8% | -26.3% |
| |
| Dividends per share [+] | | | | | | | $0.75 | $3.00 |
| Growth | | | | | | -100.0% | -75.2% | -0.6% |
| |
| Shares outstanding (basic) [+] | 79.3 | 79.0 | 78.4 | 78.2 | 77.9 | 77.6 | 77.0 | 74.9 |
| Growth | 0.5% | 0.8% | 0.2% | 0.3% | 0.4% | 0.7% | 2.9% | 7.5% |
| Shares outstanding (diluted) [+] | 79.3 | 79.0 | 78.4 | 78.2 | 77.9 | 77.6 | 77.0 | 74.9 |
| Growth | 0.5% | 0.8% | 0.2% | 0.3% | 0.4% | 0.7% | 2.9% | 7.5% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|