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 > Buyback plan needed And Increase shareholders dividend.

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Comment by Red_Deeron Oct 08, 2023 4:02pm

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Post# 35675342

RE:RE:Buyback plan needed And Increase shareholders dividend.

""Unless they can dramatically improve their pofitability this company is headed for bankruptcy""

This IS what the WannBE GURU DeanEdmonton Posted a YEAR AGO__And ALSO
the BUDDY Sargex AGREED to eh !!!!!!!!!

Looks to ME that They Were BOTH Dead Wrong eh !!!__WHEN you look @ 1 Year Chart

DeanEdmonton wrote: You really don't seem to understand how this works. They are packing so much debt no way would the lenders terms allow them to increase dividends, let alone buyback shares. On top of that they don't have enough cashflow to do either without even more borrowing. The NAV of this company is NEGATIVE, once you strip out the value of goodwill. Unless they can dramatically improve their pofitability this company is headed for bankruptcy.

Mrlongpants wrote: Buy back big time at this share price and cancel shares. BUY BACK PROGRAM NEEDED NOW.
This would be good for them and the share holders. GLTALongs