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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 Experiencedon Oct 26, 2024 10:04pm
103 Views
Post# 36283739

RE:RE:RE:RE:RE:Israeli attack

RE:RE:RE:RE:RE:Israeli attackDave...Great questions

My understanding is that they are using the RNG from a specific landfill to power the their fleet of trucks that service that landfill and they have localized electricity generation using the RNG to power turbines to provide electricity to the community around the landfill.  Excess RNG is pipelined through existing pipeline systems.  Some landfills are using ENB to transport the RNG.

With relatively little capital cost WM is estimated to improve their cashflow by 50% over the next three years at basically zero risk since they are essentially their own customer.  As I mentioned before, others are doing the same in North America and Europe.  In the case of Europe with NG being much more expensive, the math for their waste management companies is even greater.  This whole area will become a huge business as time goes on.
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