Parkland Corp T.PKI

Alternate Symbol(s): PKIUF

Energy Oil & Gas Refining & Marketing

Parkland Corporation is an international fuel distributor, marketer and convenience retailer with operations in 26 countries across the Americas. The Company’s segments include Canada, International, USA and Refining. Its retail network meets the fuel and convenience needs of everyday consumers. It also provides a range of choices to help them lower their environmental impact. These include renewable fuel sourcing, manufacturing and blending, carbon and renewables trading, solar power, and ultra-fast electric vehicle charging. With approximately 4,000 retail and commercial locations across Canada, the United States and the Caribbean region, it has developed supply, distribution and trading capabilities. Its commercial business provides commercial, industrial and residential customers with the essential fuels, propane, lubricants and services they need. Its Burnaby Refinery plays a critical role in supplying its customers in British Columbia with conventional and low-carbon fuels.

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Parkland Corp

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Comment by byloselhi1on Mar 11, 2010 7:36pm

432 Views

Post# 16873656

RE: higher risk, higher yield

102% payout in Q4 09 ws due to a one time event. The full year 09 payout ratio was 74%. I don't see a problem here only a buying opportunity. Parkland is cheap at these levels. Read the financials and md&a thoroughly and take comfort in the facts you will read. Regards

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