Bullboard - Stock Discussion Forum 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... see more

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Superior Plus Corp > propane vs nat gas

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Post by Windsorman on Dec 04, 2023 9:11pm

propane vs nat gas

Best performing gas is propane. Used heavily in winter in rural areas to heat out buildings and homes who do not have natural gas lines to property. Up 10.3% in the last month. 7% dividend @ end of December. GLTA

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Comment by Pandora on Dec 04, 2023 9:56pm

Why is the share price on a 2 year slide going down? If it is "Best" performing you would think it would at least maintain somewhat of a parallel graph. Just wondering -- haven't followed it before.

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Comment by Shylock40 on Dec 05, 2023 9:18am

Because SPB is a Distrbutor of propane.. not a Producer of it.. In the end, the share price has been pressured because the company is going through a transition phase to clean energy + lots of "seasonality" with warmer winters causing demand decline... I have been a shareholder for years and continue to believe better times are ahead, especially with an eventual takeout by Brookfield... ...more

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