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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

Post by DrillMonkeyon Dec 21, 2024 3:22pm
63 Views
Post# 36373758

Started to nibble again

Started to nibble againI've been watching SPB for about a year now, and even bought it in July 2024 for a brief period, but got stopped out. I've started to buy back in this week because I think it's severely undervalued, and because insiders have been buying (plus NCIB). I'll keep adding some more each day until the end of tax loss selling season (Dec 30). I still have some reservations about it (management is sub-par and needs a pay-cut & hydrogen business is iffy and opaque), but I think there's such deep value here now that it has to be a buy.
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