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Bullboard - Stock Discussion Forum 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... see more

TSX:PKI - Post Discussion

Parkland Corp > Gas sales and higher margins
View:
Post by BSdetector2016 on Aug 04, 2022 11:53am

Gas sales and higher margins

Should bode well for Parkland. I believe the slump is about to end...
Comment by DeanEdmonton on Aug 04, 2022 1:50pm
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.
Comment by oceaneleven on Aug 04, 2022 3:31pm
we shall see how well company  performed in the quarter after 4 today..I am banking on a nice share price boost to the low 40's by Sept end....Go Parkland Go!!!
Comment by jcw604 on Aug 06, 2022 9:27am
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.
Parkland Corp