Ampol Lytton refiner margin reaches US$23.92
- Ampol reported stronger third-quarter earnings driven by high refining margins and growth in convenience retail sales.
- The group's Lytton refiner margin reached US$23.92 per barrel, while total sales volumes grew to 6.25 billion litres.
- Earnings benefited from operational supply chain optimisation and ongoing integration of the acquired EG Australia convenience network.
Ampol (ASX:ALD) recorded earnings growth in the third quarter of 2026 as strong refining margins and convenience retail expanded earnings.
The group's Lytton refiner margin rose to US$23.92 per barrel in the September quarter, up from US$10.64 per barrel in the prior corresponding period.
The company stated that management took a proactive decision to undertake additional reliability-enhancing works during the current turnaround and inspection programme.
Total group sales volumes grew 3.6% to 6,245 million litres for the quarter, while core retail shop sales delivered double-digit percentage growth.
Commissioning of the Ultra Low Sulphur Fuels project is now scheduled for the first quarter of 2027 with no expected material earnings impact.
Following the announcement, the Ampol share price was unchanged at $43.01.
Ampol operates an integrated fuel supply chain across Australia and New Zealand alongside a network of retail convenience stores.
The company recently acquired EG Australia and completed its first U-GO site conversion as part of its network expansion strategy.
