RE:RE:High Volumes
Its possible, but I think interest in this stock is due to it weathering the downturn in oil. This becomes a defensive stock, as people are not sure where oil is going to go. (I think down again, as inventories are around 520 million barrels and driving season is pretty much over) Honestly I am not to excited over Gibsons assets. If you go over the Superior plus Conference call, the margins on industrial propane is small and you are moving a lot of product. Although Superior would know exactly what its worth. I think as I have said before that Superior should focus on fuel delivery in Eastern States. (New York) Best bang for the buck. I am hoping Competition Bureau won't let Parkland buy the CST assets which would give Superior the opportunity. Wishful thinking however.