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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.


TSX:SPB - Post by User

Superior Plus Corp
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Post by bigbear4511on Feb 19, 2019 3:22pm
204 Views
Post# 29384125

86 million in foreign exchange lossess.

86 million in foreign exchange lossess.
Wow never thought the currency would kill them this bad considering they renegotiated this rate. It is crazy how much money they have lost on these contracts over the last 5-6 years. Well, that is two years of annual losses and now borrowing money to pay the dividend. Almost 2 billion in debt and its going up. Imagine if there is an economic downturn? Market is not happy as this was supposed to be an amazing quarter. Dividend cut coming?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities