Superior Plus Corp T.SPB

Alternate Symbol(s): SUUIF | SPRPY

Utilities Utilities - Regulated Gas

Superior Plus Corp. is a Canada-based North American distributor of propane, compressed natural gas, renewable energy and related products and services, serving customers in the United States and Canada. The Company delivers low carbon fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. The Company's segments include United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane) and Compressed Natural Gas Distribution (CNG). The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States, as well as the Midwest and California, to residential and commercial customers. The CNG segment is a low-carbon energy solution provider engaged in the business of transporting and selling primarily compressed natural gas, renewable natural gas and to a lesser extent hydrogen and helium.

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Superior Plus Corp

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Comment by bttmfischeron Nov 12, 2024 10:25am

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Post# 36308194

RE:RE:RE:Everyone should Listen to the call

Freezerburn, in mu opinion any legal action against SPB could result in BAM obtaining Superior for next to nothing, As you well know in liquidation the preferred shares get paid first and what's left over would be distributed to the owners of the common shares, which would be what's left after the cost of millions of protracted legat proceedings. As you recall Brookfield owns $350 million's worth of converible preferred shares in the US section of SPB. . I am not certain but I think that it means they would come under American laws. Tp me it would be foolhardy to get incolved in a class action suit.

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