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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

Comment by Tslayeron Aug 12, 2024 2:50pm
158 Views
Post# 36175032

RE:One foot in door one foot out?? On SPB?

RE:One foot in door one foot out?? On SPB?I think price will drop Wednesday morning into low 7's based on lower than expected earnings but as someone mentioned in an earlier post, we are entering the propane demand cycle soon. The price on SPB almost always rises 20-30% between November and end of January. Look at 5 year chart but ignore the 2020 Covid timeframe. It's skewed.  I have price set at $7.25 for a large purchase on Wednesday with the expectation for it to rise to $9.25 by the end of January. FYI. I am a long term shareholder of SPB. 
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