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 > Flooding is NOT Causing this Price Drop

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Comment by jcw604on Nov 23, 2021 6:41pm

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Post# 34159309

RE:Flooding is NOT Causing this Price Drop

DeanEdmonton wrote: Parkland was headed here long before the flood happened. Next support is at 32, if it breaks below that it could go a bunch lower. Whatever the price, I won't be buying back in until I see this quarters results, and maybe the following quarter. Their overall perfromance needs to improve a lot, and I need to see effective controls on their input cost side because there is no evidence to now that they have hedged any of their feedstock prices.

Why would they need to hedge their feedstock? They just pass along it to the pumping station.

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