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

Bullboard Posts

Comment by Shirtlessnomoreon Feb 23, 2020 6:11pm

92 Views

Post# 30723439

RE:New to SPB

Nothing to do with company itself, only posted news in feb of 2016 that I can find is announcing the dividend feb 4th. Not sure what global or financial events took place

bonafide wrote: The selloff Friday that set a 1 year low promted me to take a second look at SPB.

I'm not a chart guy, but it looks like there is nothing in the way on the downside until the December 24, 2018 low of $9.49. However, that date was a low for many stocks and doesn't really seem to represent anything other than a brutal selloff that caught everybody. The share price bounced right back up immediately afterwards.

The only other noticeable trough in the last five years was on FEb 22, 2016 when the share price dipped to $8.76 after reaching a high close of $14.61 the previous April. I hope that a poster who has been around for awhile could shed some light on what happened in 2016 to cause the long and deep drop off and identify what initiated the comeback.

TIA