Superior Plus Corp T.SPB

Alternate Symbol(s): SUUIF

Utilities Utilities - Regulated Gas

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy 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. (Certarus). The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States and California, as well as the Midwest to residential and commercial customers. The Canadian Propane segment distributes propane gas and liquid fuels across Canada to residential and commercial customers. The Wholesale Propane segment distributes propane gas and other natural gas liquids across Canada and the United States.

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Superior Plus Corp

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Comment by Roxy27on Feb 25, 2016 8:36pm

97 Views

Post# 24596813

RE:RE:The one who shall remain nameless

Good overview of the market factors Becky.
I don't see a cut as the dividend is sustainable from cashflow. The current SPB mgm't team was born of an overleveraged, overdistributing dividend model, they won't repeat what nearly destroyed it.
Post acquisition and after the difficult YoY year comps this will trade at the 8x plus multiple it deserves.

Good luck.

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