Ampol Profit Surges on Middle East Disruptions

Australian fuel supplier Ampol reported significant earnings growth in its first-half 2026 financial results, benefiting from higher refining margins and trading opportunities created by disruption to global oil and refined-product flows.

The company's Replacement Cost Operating Profit EBITDA (RCOP) excluding significant items surged 152% year-over-year to A$1.64 billion for the six months ended June 30, while RCOP net profit attributable to shareholders rose to A$857.2 million from A$180.2 million in the same period last year.

The biggest earnings improvement came from Ampol's Fuels and Infrastructure division, where RCOP EBIT jumped to A$1.13 billion from A$118.3 million a year earlier, driven by higher refinery production and margins at its Lytton facility.