Caltex shares up 9% on positive outlook CALTEX shares have risen more than nine per cent after the fuel supplier and retailer said it expects its full year profit will come in at more than $300 million. Caltex says replacement cost operating profit (RCOP), it's preferred measure, will be between $320 million to $340 million for the 2013 full year ending December 31. That's down on its $458 million RCOP for 2012. "Whilst marketing has delivered another record result, refining and supply losses have been driven by the negative impact of key externalities, including the significant deterioration in the Caltex Refiner Margin during the second half and a continuing fall in the Australian dollar," the company said in a statement on Thursday. This has led to the lower forecast full year result. Marketing earnings are predicted to increase four per cent to $765 million. The company predicts the historic cost profit including significant items will be $540 million to $560 million. That compares to $57 million in 2012, which included $309 million in significant items for future costs relating to the closure of the Kurnell refinery. At 1112 AEDT Caltex shares were $1.665, or 9.85 per cent, higher at $18.58.