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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Post by bigbear4511on Jun 20, 2013 4:23pm

87 Views

Post# 21550170

Market drop good entry point

Considering how well the last quarterly earnings were with the acquisition of Elbow River Marketing, one could assume that we will have similar results in the next quarter. The addition of Elbow River will increase revenues as well as litres consumed when compared to Q2 2012 earnings. Payout ratio of around 40% allows them to keep most of the profits for debt repayment. This stock jumped from $16 to 18 in a blink. Get in while you can.

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