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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 Westcoast777on Nov 11, 2024 11:05am
74 Views
Post# 36306584

RE:RE:Everyone should Listen to the call

RE:RE:Everyone should Listen to the callAgree with Apaulson on this one. The call was short on detail talking about route optimzation which should have been done ages ago. Not sure how their footprint is going to translate into more sales. Where I live I see SPB trucks on the road all the time. Not a complex business, sell tanks, then filll them up on the regular. The NCIB starts tomorrow. On the call they stated all the dividend funds that are now not being paid out will be used for repurchases but they also stated they wanted and needed financial flexibility. SPB could literally just sit there on the bid at $5.00 and wait out all the income investors. Whole inititive looks like one big screw of the people who bought this stock for income.
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