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

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Post by retiredcfon Jan 05, 2024 7:24am

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Post# 35811973

Stockchase After the Close

The TSX enjoyed modest gains on Thursday as industrials and financials led most sectors higher while energy lagged.

Notable names included Parkland up 3.71%, Nuvei 3.48%, Baytex -2.42%, Cenovus-3.57% and Silvercrest Metals advancing 2.98%. WTI crude slipped 0.4% to $72.40.

The picture was more mixed on Wall Street as the S&P was flat, down five points, the Dow added 0.25%, but the Nasdaq sank for a fifth-straight session, shedding 0.27%. As investors continued to take profits from big tech while bearish worries over interest rate cuts lingered. Apple received another analyst downgrade and declined 1.12%. Amazon closed -2.05%, Dollar General 2.79% and Pfizer -1.93%. Walgreens sank 5.38% after slashing its dividend. Meanwhile, the U.S. 10-year yield continued to climb, nearly returning to 4.0% as Bitcoin rebounded 3.65% to US$44,400. Markets will be watching for the latest U.S. jobs report right before Friday’s opening bell.