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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 BSdetector2016on Jul 13, 2024 7:02am
217 Views
Post# 36131413

Cyclicity of propane pricing and Superior II

Cyclicity of propane pricing and Superior IIGiven what we know about the commodity, It is obvious that Superior SP tracks propane pricing closely. The long-term chart is totally range-bound within a relatively narrow channel. The is zero growth here - NONE. Management needs to be taken to task for that. The dividend is tempting but that's all you'll get with this stock unless you buy it when it's plumbing its lows, and sell it two years later when propane pricing, and hopefully SP, is better. 2026 can't come soon enough for this stock.
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