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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Comment by NinetyFourOctanon Nov 30, 2017 12:04pm

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Post# 27064361

RE:RE:Burnaby Refinery

It looks like they are preparing for a 72 hr Lock-out notice and or strike notice. Although at this point a 72hr strike notice seems more likely. This would be major hit to Q4 EBITDA as the cost of even a short strike would be in the + $100million cost hit. I think caution is in order. I will be scaling back my holdings this gets resolved. Nice gain this morning.

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