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.

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Superior Plus Corp > Propane pricing and Superior Plus seasonality

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Comment by newcoinon Aug 03, 2024 9:48am

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Post# 36162906

RE:RE:RE:Propane pricing and Superior Plus seasonality

That's why they won't do it. No dividend cut. No analyst thinks there will be a dividend cut.
The second and third quarters are traditionally the slowest for SPB. The third and fourth quarters are the strongest. This is why the algorithm is attacking now. Right after an ex-dividend day and coincidental with the CEO moving on. A great strategy.
SPB can't really fall too much further? It's an established stock with a reliable dividend. BAM is a big shareholder and something will come from them.
If dividend ever was cut, BAM would move in with takeout offer.

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