Australia's Ampol jumps on strong quarterly production results

Ampol

22/04/2026 04:01

** Shares of Australia's Ampol ALD.AX rise as much as 5.4% to A$33.3, post biggest intraday pct gain since March 19

** Fuel retailer posts Q126 Lytton Refiner Margin (LRM) of $25.45 per barrel, more than quadruple from last year's $6.07 per barrel

** Logs total Q126 Lytton refinery production of 1,434 million litres (ML), up 10% from last year

** Says co was 'well placed' in terms of crude and product inventory, among others, at commencement of Middle East conflict

** Says suitable crudes for Lytton remain available in market, with crude purchases secured into July, even as it secures at higher costs

** Says enters Q2 with "well positioned" hedge-book to help mitigate volatility seen in markets

** Stock up 2.8% YTD

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))