** Analysts at Morningstar trim fair value estimate on Australian fuel retailer Ampol ALD.AX by 7% to A$32.50

** Ampol flagged in its full-year results on Monday that it expected A$600 million ($380.88 million) as capital expenditure in fiscal 2025, which Morningstar believes is "higher-than-expected"

** Fuel retailer reported a drop in its net profit after tax from continuing operations of A$234.8 million, down 68% from the prior corresponding period

** Company also declared its lowest final dividend in a decade of 5 Australian cents per share as compared with 120 Au cents apiece announced an year earlier

** Morningstar reduces fair value estimate, adding that "Z Energy's 2024 operating costs proving stickier than expected"

** Four of 10 analysts rate the stock "buy" or higher, six "hold"; their median PT is A$32.70, per data compiled by LSEG

** Stock has fallen 3.1% YTD, as of last close

($1 = 1.5753 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com))