Parkland Corporation

Equities

PKI

CA70137W1086

Oil & Gas Refining and Marketing

Market Closed - Toronto S.E. Other stock markets 16:00:00 2024-06-21 EDT			5-day change	1st Jan Change
37.43 ^CAD	-1.24%		-3.31%	-12.36%

06-14	Six years after US mass shooting, demolition starts on Parkland school building	RE
06-12	Parkland Corporation Announces Quarterly Dividend, Payable on July 15, 2024	CI

Avenir Energy Ltd entered into an agreement to acquire Canadian commercial propane business of Parkland Corporation for approximately CAD 120 million.

June 04, 2024

Avenir Energy Ltd entered into an agreement to acquire Canadian commercial propane business of Parkland Corporation (TSX:PKI) for approximately CAD 120 million on June 5, 2024. The consideration also includes exclusively supply fuel for ten years. Subject to certain closing conditions, the transaction is expected to close in the fourth quarter of 2024.

Scotia Capital Inc. acted as financial advisor to Parkland Corporation.

Latest news about Parkland Corporation

Six years after US mass shooting, demolition starts on Parkland school building	06-14	RE
Parkland Corporation Announces Quarterly Dividend, Payable on July 15, 2024	06-12	CI
Parkland Corp Declares its Second Quarter Dividend	06-12	MT
Parkland to sell Canadian propane business for $84 mln amid investor pressure	06-05	RE
Parkland Agrees to Sell its Canadian Propane Business for $115 Million	06-05	MT
Parkland Brief: Entering into agreement to sell its Canadian propane business	06-05	MT
Avenir Energy Ltd entered into an agreement to acquire Canadian commercial propane business of Parkland Corporation for approximately CAD 120 million.	06-04	CI
Transcript : Parkland Corporation, Q1 2024 Earnings Call, May 02, 2024	05-02
North American Morning Briefing : Stock Futures -2-	05-02	DJ
Tranche Update on Parkland Corporation's Equity Buyback Plan announced on November 29, 2023.	05-01	CI
Parkland Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	05-01	CI
Parkland Brief: Q1 Adjusted earnings of $43 million ($0.25 per share, basic), a decrease of $71 million from the first quarter of 2023	05-01	MT
Parkland Brief: Says "Progressing" $500 million of non-core asset dispositions	05-01	MT
North American Morning Briefing : Traders Wait for Rate Decision, Powell; AMD Tumbles	05-01	DJ
Suncor Energy Raises Doubt Over Commencement of Trans Mountain Expansion Project Starting May	04-24	MT
Parkland Keeps Sector Perform Rating But Price Target Trimmed by RBC Capital Markets	04-22	MT
Parkland Brief: National Adds Increased Shareholder Scrutiny on PKI's actions "Will Drive Better Performance Over Time"	04-19	MT
Parkland Brief: National Says Lower EBITDA Will Be Partly Offset by higher volumes (Canada) and higher fuel margins (Canada and U.S.)	04-19	MT
Parkland Brief: National Says Lower EBITDA To Largely Reflect lower refinery utilization (unplanned shutdown), lower fuel volumes (U.S. and International) and "Slightly Unfavourable" FX	04-19	MT
Parkland Brief: National Projects Q1 2024 EBITDA to be Lower by 22.2% y/y	04-19	MT
Parkland Brief: Keeps Outperform Rating But Target Raised To C$52 From $49 at National Bank In Q1 2024 Preview That Notes "EBITDA Pressure Largely Due to a Refinery Shutdown"	04-19	MT
Toronto Stocks Hover Around Opening; NioCorp Developments Shares Down on TSX Delisting	04-17	DJ
Parkland Brief: Engine Capital Estimates a Sale to a Strategic Acquirer Would Yield Near $64 Per Share for Shareholders, "Likely Representing the Best Risk-Adjusted Path Forward"	04-17	MT
Parkland Brief: Engine Capital Latest To Call on Parkland's Board to Pursue Strategic Alternatives; Engine Owns Near 2.5%	04-17	MT
Parkland Brief: Simpson Oil Limited Recently Also Called For a Strategic Review at Parkland	04-17	MT

Chart Parkland Corporation

Duration

Period

More charts

Company Profile

Parkland Corporation is an international fuel distributor and retailer. The Companyâs segments include Canada, International, USA, and Refining. Canada segment owns, supplies, and supports a network of retail gas stations, frozen food retail locations, convenience stores, card lock sites, bulk fuel, propane, heating oil, lubricants, and other related services. International segment includes operations in over 23 countries and territories predominantly located in the Caribbean and northern coast of South America. This segment operates and services a network of retail service stations under brands, including Sol, Esso, Mobil, Shell and Texaco. USA segment delivers fuel, lubricants, and other related products and services. Refining segment is responsible for the refining of fuel products, such as gasoline, diesel, and jet fuel, and is also engaged in renewable business activities, such as co-processing of bio-feedstocks and blending of low-carbon intensity fuels with gasoline and diesel.

Sector

Oil & Gas Refining and Marketing

Calendar

2024-10-29 - Q3 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Parkland Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

37.43 CAD

Average target price

53.14 CAD

Spread / Average Target

+41.98%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Refining and Marketing

	1st Jan change	Capi.
PARKLAND CORPORATION	-12.36%	4.77B
RELIANCE INDUSTRIES LTD	+12.51%	235B
CHINA PETROLEUM & CHEMICAL CORPORATION	+18.58%	97.46B
MARATHON PETROLEUM CORPORATION	+16.39%	60.84B
PHILLIPS 66	+3.72%	58.54B
VALERO ENERGY CORPORATION	+15.55%	49.12B
IMPERIAL OIL LIMITED	+19.97%	35.38B
INDIAN OIL CORPORATION LIMITED	+28.32%	27.45B
FORMOSA PETROCHEMICAL CORPORATION	-17.97%	19.47B
REPSOL S.A.	+9.03%	19.06B

Other Oil & Gas Refining and Marketing