11/07/2024 09:27

Viva Energy Group Ltd (VEA) $3.09

VEA is one of Australia's leading integrated downstream petroleum companies, having the sole right to use the Shell brand to sell petroleum products in Australia. Its stock fell 2.8% on Wednesday, taking its decline from early April highs to over 20%. Declining tobacco sales and cost of living pressures continue to weigh on their convenience business even as margins improve

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13/12/2022 09:16

Viva Energy Group (VEA) $2.59

The  Shell-branded service station operator recently acquired Coles Express for ~$300m, the deal created the largest fuel/convenience footprint owned by one company in Australia. VEA is an interesting option for more defensive/lower risk portfolios, the stocks trading on an Est PE of 6.4x for 2022 earnings while it’s estimated to yield around 3.7% over the next 12 months.

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21/09/2022 17:06

Viva Energy (VEA) $2.75

VEA +4.56%: The operator of Shell-branded service stations in Australia today announced the acquisition of Coles Express for ~$300m. The deal will be 11-18% earnings accretive (hence the pop higher in share price) while it will create the largest fuel/convenience footprint owned by one company in Australia. This is actually an interesting stock for more defensive / lower risk portfolios, trading on an Est PE of 8x and yielding above 5%.

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24/08/2021 08:07

Reporting Today (AMA, ALC, AWC, ANN, ASB, BRI, BLD, CBR, EP1, EHE, OSH, MND, SKI, NTO, SCG, SEK, HUB, RDY, REH, KGN, VEA)

Companies reporting today include: AMA Group Ltd. (AMA), Alcidion Group Ltd. (ALC), Alumina Ltd. (AWC), Ansell Ltd. (ANN), Austal Ltd. (ASB), Big River Industries Pty (BRI), Boral Ltd. (BLD), Carbon Revolution Ltd. (CBR), E&P Financial Group Ltd. (EP1), Estia Health Ltd. (EHE), Oil Search (OSH), Monadelphous Group (MND), Spark Infrastructure (SKI), Scentre Group (SGC), Seek (SEK), Hub24 (HUB), ReadyTech (RDY), Reece (REH), Kogan (KGN), Viva Energy (VEA), Nitro (NTO)

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23/08/2021 08:09

Reporting Today (ALD, CNU, GEM, NHF, RWC, SHL, VEA)

Companies reporting today on MM’s radar include: Ampol (ALD) 1H21 Results: Expectations for 1H21 NPAT of 171m & Dividend of $0.433 Charter Hall Group (CHC) FY21 Results: Funds From Operations (FFO) per share of $0.58, NPAT $269m & DPS of $0.38. FY22 expectations are for strong profit growth (+24%) to $333m Chorus (CNU) FY21 Results: Expectations for revenue of $947m, EBITDA of $645m, NPAT of $50.84m (down ~2% on FY20), EPS of $0.111, FY Dividend $0.25. Market currently pricing NPAT for FY22 of $49.25m, flat on FY21.

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17/05/2021 16:51

Viva Energy (VEA) $2.13 / Ampol (ALD) $27.51

VEA +7.04% / ALD +6.09%: the fuel businesses received a boost from the taxpayer today with the Government announcing a $2b support package for domestic refineries.

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