Superior Plus Corp T.SPB

Alternate Symbol(s): SUUIF

Utilities Utilities - Regulated Gas

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane) and Certarus Ltd. (Certarus). The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States and California, as well as the Midwest to residential and commercial customers. The Canadian Propane segment distributes propane gas and liquid fuels across Canada to residential and commercial customers. The Wholesale Propane segment distributes propane gas and other natural gas liquids across Canada and the United States.

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Superior Plus Corp

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Post by Quick4youon Jul 13, 2017 8:24pm

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Post# 26467294

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Superior Plus Corp:

50% energy services, 35% chemical and 16% building.

He likes the company. It has a 71% payout ratio, so the dividend should be pretty safe.

They are trying to acquire Canexus (CUS-T) which would make them a more formidable player in the chemical space.

Trading in line with its peers, but is a lot cheaper than its energy services peers. Have done a really good job of cost-cutting.