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 bigbear4511on Nov 15, 2016 11:56am

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Post# 25462992

RE:RE:RE:RE:Could Superior buy Canwest Propane

They can't afford a dividend increase. Typically they make 100 million a year for which 50 million goes to dividend and 50 million goes to debt repayment. That's what it was for awhile until the foreign currency problem. Since that time they pay 50 million to dividends and the rest has been to pay for losses in foreign currency. Very little debt repayment. I would be surprised if we see one in the next 2 to 3 years.

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