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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 himmleron Oct 22, 2024 6:40pm
138 Views
Post# 36277609

RE:RE:RE:RE:RE:What is happening?

RE:RE:RE:RE:RE:What is happening?Steady decline would be tax loss selling.After all,not too many have made a profit on Superior this year.
And maybe it'll stop at around $7.
Of course the dividend is high when we sit this low.Could a cut be in the cards?..it's possible in my opinion as they used to pay monthly and now it's quarterly...and that could be viewed as a step in that direction
But....having said that and it's my opinion only..tax loss ,warm weather ,plus " herd mentality " dividend cut,all play a role in this drop.
Everything is speculation on this BB ( as always)..so do what you feel is best for yourself...and don't be too influenced by what you read..that includes all posters as well as me.
Good luck
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