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Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

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.


TSX:SPB - Post by User

Bullboard Posts
Comment by Roxy27on Nov 27, 2018 11:54am
120 Views
Post# 29027629

RE:How safe is the divy?

RE:How safe is the divy?Nonsense.
The market is running from oil. SPD is mostly a distributer of energy. If energy costs are down SPB's margins expand. They buy for less but sell at pre-contracted prices. The cost to distribute goes down as fuel costs for the trucks goes down.
This is a buying opportunity because of a confused market. 

Good luck. 
Bullboard Posts