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 > Kinda confused

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Post by Lawyerupon Mar 03, 2023 10:36am

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Kinda confused

So earnings are up big time, increased the dividend amount, bought back $40M of shares, looks like they are firing on all cylinders and the stock price drops? Only thing I can think of is stock manipulation by some of the big mutual funds to drive the price down. Any thoughts? Cheers Charlie.

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