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 > Holding $8

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Comment by Apaulsonon Jul 25, 2024 9:58am

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Post# 36147779

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Holding $8

Why am I here? I've have some success buying high yielding stocks over the last couple of years except for this one. This one has turned into a turd sandwich. The business is boring, no one is interested in it, and all managment does on earnings call is talk about they have a great team, are all working hard to acheive desired results, and that the past is behind them, but nothing substantive has happened since Allan MacDonald and the new management has come on. They'll have to cut their dividend. They should be actively selling parts of their business.

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