Parkland Corp T.PKI

Investors Apparently Like the Results, I DON'T

[DeanEdmonton]

Considering how much demand came back in 2021, these are really mediocre results across the board. Beating 2020 numbers if far from much of an accomplishment. There is also no indication they are going to get materially better this year or next. I am staying on the sidelines till this shows a true turn around.

[mbuch]

Agreed. The hype will die off quick and this will be down again net week regardless of everything else going on in the world.

[fishbeecee]

Record breaking year for revenue despite having no crude supply for three weeks.  Adjusted earnings smash analysts estimates. Has clearly articulated how and is now executing, accelerated plan to reach 2 bill. in 2025 by a full year. Thanks for waiting as the less demand for this stock the more I can accumulate and get my 4% div!!

[DeanEdmonton]

Not even close. Simply click on the financials in the heading above and you will see how far off you are. The forecast for the coming year basically gets them back to 2019, gross revenue 18.43 billion, EBITA 1.353 billion, despite adding 4 BILLION in debt. Also, have a read through the last 4 years of management year end commentary. What they promised comes no where close to what was delivered

[fishbeecee]

The forecast for the coming year basically gets them back to 2019, gross revenue 18.43 billion, EBITA 1.353 billion, despite adding 4 BILLION in debt.???? Yes but that is looking at num ers that have definetly been imoacted by shutdowns from the Pandemic. The increase in debt positions them well for revenue growth and achieving the goal of 2 Billion EBITDA