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Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Utilities Utilities - Regulated Gas
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

Superior Plus Corp > Regarding RE:Retest
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Post by BSdetector2016on Jul 16, 2024 11:17am
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Post# 36134719

Regarding RE:Retest

Regarding RE:RetestSuperior is totally reliant on propane pricing to goose market cap/share price. I agree 100% about a strategic review. It needs to be done with all options on the table, with heavy BoD input. There needs to be a business catalyst other than commodity pricing to get the company on the right trajectory. I've already outlined some of what needs to be done in a previous post.

"SPB needs to undertake a strategic review. The corporate structure is bloated. Managment is slow to do anything. There's no catalysts on the horizon. Allan MacDonald was brought in to turn things around.  Nothing substantive has happened yet beside over paying for Centarus."
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