Overview
- Ampol disclosed on Monday that replacement-cost net profit rose to A$857.2 million for the six months to June 30, up from A$180.2 million a year earlier.
- The company reported a statutory first-half profit of about A$1.4 billion compared with a A$25.3 million loss in the first half of 2025 and will pay a A$1.85 interim dividend.
- Ampol said the profit surge came from war-driven dislocation in crude and product flows that widened regional refining margins and created trading opportunities.
- Operational factors that helped deliver results included stronger refinery earnings at Lytton, higher refinery runs, improved trading and the recent EG Australia acquisition.
- With the federal fuel excise reinstated on August 1 and oil markets remaining volatile, Ampol warns that higher global costs are more likely to flow through to motorists and fuel prices should be watched closely.