Parkland Corp T.PKI

Alternate Symbol(s): PKIUF

Energy Oil & Gas Refining & Marketing

Parkland Corporation is an international fuel distributor and retailer. The Company’s segments include Canada, International, USA, and Refining. Canada segment owns, supplies, and supports a network of retail gas stations, frozen food retail locations, convenience stores, card lock sites, bulk fuel, propane, heating oil, lubricants, and other related services. International segment includes operations in over 23 countries and territories predominantly located in the Caribbean and northern coast of South America. This segment operates and services a network of retail service stations under brands, including Sol, Esso, Mobil, Shell and Texaco. USA segment delivers fuel, lubricants, and other related products and services. Refining segment is responsible for the refining of fuel products, such as gasoline, diesel, and jet fuel, and is also engaged in renewable business activities, such as co-processing of bio-feedstocks and blending of low-carbon intensity fuels with gasoline and diesel.

TSX:PKI - Post by User

Parkland Corp > Gas sales and higher margins

<< Previous

Bullboard Posts

Next >>

Comment by jcw604on Aug 06, 2022 9:27am

186 Views

Post# 34876173

RE:RE:Gas sales and higher margins

Could it be that they were writing down the value of their asset for the sake of tax savings? Certainly, this issue is not reflected by the bonds they issued. They were pre-Powell hike days, but they were issued at very cheap interest rate.

DeanEdmonton wrote: I believe you are wrong. This puppy is now packing MORE THAN $1 of debt for every dollar of hard assets. Of the 11.5 billion in Assets, 3.3 Billion is Goodwill. This company is WAY over leveraged.
BSdetector2016 wrote: Should bode well for Parkland. I believe the slump is about to end...

<< Previous

Bullboard Posts

Next >>

Three mining stocks that look cheap with gold at all-time highs