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Parkland Corp T.PKI

Alternate Symbol(s):  PKIUF

Parkland Corporation is an international fuel distributor, marketer and convenience retailer with operations in 26 countries across the Americas. The Company’s segments include Canada, International, USA and Refining. Its retail network meets the fuel and convenience needs of everyday consumers. It also provides a range of choices to help them lower their environmental impact. These include renewable fuel sourcing, manufacturing and blending, carbon and renewables trading, solar power, and ultra-fast electric vehicle charging. With approximately 4,000 retail and commercial locations across Canada, the United States and the Caribbean region, it has developed supply, distribution and trading capabilities. Its commercial business provides commercial, industrial and residential customers with the essential fuels, propane, lubricants and services they need. Its Burnaby Refinery plays a critical role in supplying its customers in British Columbia with conventional and low-carbon fuels.


TSX:PKI - Post by User

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Post by oilerman77on Nov 26, 2024 8:23pm
37 Views
Post# 36332533

Guidance Update

Guidance Update So back to 2028 with FCF and updated POTENTIAL organic growth.Refining margins continue to be a feast or famine situation with total earnings being directly related.
1800 new EV sites when the market situation appears to be moving dowmward when reallty sets in for dealers and as rebates leave as gov't finally figures out they won't sell on their own.
Time will tell but until the Simpson show is dealt with , one would not expect huge gains. Downgrades from analysts along with  a 33-34 price range present a buying price point for the patient longs.
Again time will tell and the Board needs to really consider how to bolster the balance sheet and share price.
Good luck..
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