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Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

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

Post by newcoinon Jun 06, 2024 10:34am
232 Views
Post# 36075165

Propane Sales

Propane SalesParkland selling propane biz: Parkland Fuels has struck a deal to sell its Canadian commercial propane business to Avenir Energy for $115 million. The company says the deal is a big step toward its goal of selling off $500 million worth of non-core assets by the end of next year to focus on the main part of its business. The company has been under pressure from activist investors to turn its operations around or consider strategic alternatives, including a sale of the business. The company’s shares are down by about 18 per cent since February.
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