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 Nov 09, 2013 12:55pm

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Post# 21891516

38% drop in Parkland Fuels Refiners Profits!

Parkland delivered Adjusted EBITDA of $37.8 million in the third quarter of 2013, a 38% decrease over the same period in 2012 due to lower refiner's margins that fell to the low end of their five year range, lower Commercial activity, partially offset by positive results from Elbow River.

Well thats about the worst case senerio for an earnings report that covers the summer quarter

So much for the driving season....

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