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Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Superior Plus Corp. is a Canada-based company, which is a distributor and marketer of propane and distillates 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. The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States, as well as the Midwest and California to residential and commercial customers. The Canadian Propane segment includes the Canadian retail propane distribution business and the wholesale natural gas liquid marketing businesses. The Wholesale Propane segment is a distributor and marketer of propane gas and other natural gas liquids.


TSX:SPB - Post by User

Post by Hull534on Dec 22, 2022 1:49pm
285 Views
Post# 35187606

Looks like a pretty brilliant acquisition.

Looks like a pretty brilliant acquisition.This transformational purchase looks like it has Brookfield's hands all over it . The rapidly increasing volumes of "greener" fuels are hearting. The locations of the acquired company fill in the continental gaps of the current superior locations can certainly generate local purchases of propane operators in these areas. The managing the synergies should be quite similar . Looking at the weather map this AM it would appear that many of these areas are in very cold winter locations and should bode well for future sales . I would expect that Superior will be able to expand the green fuel lines through their current locations also. I think that everyone has learned this year there is need for fuels in home and Industry.  Windmills, solar panels and heatpumps are not going to do it so the way forward will be with greener and less impactful fuels across the gasseous spectrum from Natural gas, Propane, RNG and increasingly hydrogen. Now it appears Superior Plus will be there in all sectors. 
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