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 > JP Morgan says SPB is going to cut the divy

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Post by NikoDoughskion Oct 23, 2024 9:35pm

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Post# 36279535

JP Morgan says SPB is going to cut the divy

put out a note today. not surprised to see a jp morgan accoutn sell nearly a million shares in the past week. think they'll switch to buybacks and announce it into q3. can't afford growth capex. propane inventories in the US astronomical. priecs low. more competition then expected.

i got hurt on this one folks. believed the wrong people.

cutting the divy into the tax loss selling will be a blood bath

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