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Bullboard - Stock Discussion Forum 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... see more

TSX:SPB - Post Discussion

Superior Plus Corp > From Globe & Mail this AM
View:
Post by SuperM on Jul 20, 2023 9:24am

From Globe & Mail this AM

Desjardins securities Gary Ho raised his SPB target to 14 from 13.50 with a buy rating.  The average is 13.42

We trimmed our Q2 EBITDA to 40 million from 45 million,  adjusting for the timing of the closing of Certarus  and continued robust propane,  offset by warmer climate weather,  said Mr. Ho. Consensus of 51 million is not directly comparable ( Some estimates include a full quarter from Certarus).  We believe Certarus is performing well and could reach the higher end of 4 guidance.

GLTA
SM
Comment by bttmfischer on Jul 21, 2023 4:31pm
How does this go tandem with the millions of shorted shares I ask?
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