Annuncio • Nov 03
Parkland Corporation(TSX:PKI) dropped from S&P Global BMI Index Parkland Corporation(TSX:PKI) dropped from S&P Global BMI Index Annuncio • Jul 23
Parkland Corporation to Report Q2, 2025 Results on Aug 05, 2025 Parkland Corporation announced that they will report Q2, 2025 results After-Market on Aug 05, 2025 Annuncio • Jun 12
Parkland Corporation Announces Quarterly Dividend, Payable on July 15, 2025 Parkland Corporation announced second quarter 2025 dividend of $0.36 per share will be paid on July 15, 2025 to shareholders of record on June 20, 2025. Annuncio • Apr 29
Institutional Shareholder Services Joins Glass Lewis in Urging Parkland Shareholders to Vote for Change On April 28, 2025, Simpson Oil Limited announced that Institutional Shareholder Services Inc. (ISS) has joined Glass, Lewis & Co. in recommending that Parkland Corporation shareholders support significant change by voting for 6 of its 9 director nominees at the Company’s annual general meeting to be held on May 6, 2025. Simpson Oil Limited stated that ISS has recommended that shareholders vote the gold proxy card to elect Monty Baker, Michael Christiansen, Chris Folan, Brian Gibson, Darcy Morris, and Karen Stuckey to the Board of Directors. Annuncio • Mar 20
Parkland Corporation, Annual General Meeting, May 06, 2025 Parkland Corporation, Annual General Meeting, May 06, 2025. Annuncio • Feb 27
Simpson Oil Limited Issues Public Letter to Board of Parkland Corporation On February 25, 2025, Simpson Oil Limited sent a letter to the Board of Directors of Parkland Corporation. In the letter, Simpson Oil Limited stated that the Company's ongoing weak performance raises significant concerns about the effectiveness of its current strategy and leadership. Simpson Oil Limited added that the Company's current strategy, including its 2028 financial targets, have yet to gain market confidence or provide a clearly defined path to shareholder value. Simpson Oil Limited stated that shareholders may be concerned that leadership has not fully explored value-maximising strategic alternatives when opportunities arise. Simpson Oil Limited also stated that it is exploring all available options in pursuit of a pathway to value for the shareholders of the Company. In the coming weeks, it would provide details of its recommendations. Annuncio • Feb 20
Parkland Corporation to Report Q4, 2024 Results on Mar 05, 2025 Parkland Corporation announced that they will report Q4, 2024 results After-Market on Mar 05, 2025 Annuncio • Dec 12
Parkland Corporation Announces Fourth Quarter 2024 Dividend, Payable on January 15, 2025 Parkland Corporation announces that a dividend of $0.35 per share will be paid on January 15, 2025 to shareholders of record on December 20, 2024. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: CA$0.52 (vs CA$1.31 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.52 (down from CA$1.31 in 3Q 2023). Revenue: CA$7.13b (down 18% from 3Q 2023). Net income: CA$91.0m (down 60% from 3Q 2023). Profit margin: 1.3% (down from 2.6% in 3Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Annuncio • Oct 17
Parkland Corporation to Report Q3, 2024 Results on Oct 30, 2024 Parkland Corporation announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Declared Dividend • Sep 15
Second quarter dividend of CA$0.35 announced Shareholders will receive a dividend of CA$0.35. Ex-date: 20th September 2024 Payment date: 15th October 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 107% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Sep 14
Parkland Corporation Announces Quarterly Dividend, Payable on October 15, 2024 Parkland Corporation announced that a dividend of $0.35 per share will be paid on October 15, 2024 to shareholders of record on September 20, 2024. The ex-dividend date is September 20, 2024. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: CA$0.40 (vs CA$0.44 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.40 (down from CA$0.44 in 2Q 2023). Revenue: CA$7.50b (down 4.0% from 2Q 2023). Net income: CA$70.0m (down 10% from 2Q 2023). Profit margin: 0.9% (down from 1.0% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 37% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annuncio • Jul 18
Parkland Corporation to Report Q2, 2024 Results on Jul 31, 2024 Parkland Corporation announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Board Change • Jul 01
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Director Mariame Robinson was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jun 14
Parkland Corporation Announces Quarterly Dividend, Payable on July 15, 2024 Parkland Corporation announced that a dividend of $0.35 per share will be paid on July 15, 2024 to shareholders of record on June 21, 2024. The dividend will be an 'eligible dividend' for Canadian income tax purposes. The ex-dividend date is June 20, 2024. Annuncio • Apr 13
Simpson Oil Limited Calls for Strategic Review at Parkland Corporation On April 12, 2024, Simpson Oil Limited sent a letter to the Board of Directors of Parkland Corporation calling on the Board immediately to commence a review of strategic alternatives, including a potential transition of the Company to new ownership. Simpson Oil expressed its views that significant value creation opportunities are available to an operator with the appropriate focus on prudent capital allocation, cost discipline, alignment of management compensation, and strong corporate governance. Annuncio • Mar 01
Parkland Corporation Announces Quarterly Dividend, Payable on April 15, 2024 Parkland Corporation announced dividend will increase from $0.34 to $0.35 per common share, effective with the quarterly dividend payable on April 15, 2024 to shareholders of record at the close of business on March 22, 2024. Dividends are expected to be declared and paid on a quarterly basis. Annuncio • Feb 14
Parkland Corporation to Report Q4, 2023 Results on Feb 27, 2024 Parkland Corporation announced that they will report Q4, 2023 results After-Market on Feb 27, 2024 Annuncio • Feb 08
Parkland Corporation Appoints James Neate to its Board of Directors, Effective February 10, 2024 Parkland Corporation announced the appointment of investment banking executive, James Neate to its Board of Directors (the "Board"), effective February 10, 2024. Mr. Neate's career spans more than three decades in the Canadian banking industry at Scotiabank. In his time, he held increasingly senior roles, with his most recent as President and Group Head of Corporate and Investment Banking. In this role, he held global management responsibility for Investment Banking, Global Business Payments, and Corporate Banking. Annuncio • Jan 26
Parkland Corporation, Annual General Meeting, Mar 28, 2024 Parkland Corporation, Annual General Meeting, Mar 28, 2024. Annuncio • Jan 25
Parkland Corporation Announces Temporarily Shuts Down Refinery Processing Operations Parkland Corporation announced that it has temporarily shut down processing operations at the Burnaby Refinery (the refinery). To ensure reliability of supply, Parkland has increased imports of refined products into its on-site shipping terminal, which will be safely delivered to customers across the lower mainland and Vancouver Island. The refinery's blending, shipping, terminal, and rack activities remain operational. This enables refined fuels to be offloaded from ships and rail directly into the refinery, where they can be safely stored and reliably distributed to customers. The company expects the refinery will return to normal operations in approximately four weeks. Annuncio • Jan 02
Parkland Corporation Announces Departure of Michael Christiansen and Marc Halley from the Board of Directors Parkland Corporation announced the departure of Simpson Oil Limited (Simpson) nominees Michael Christiansen and Marc Halley from the Company's Board of Directors, effective December 31, 2023. Mr. Christiansen and Mr. Halley were nominated for election to the Board pursuant to the terms of the Board Nomination Agreement between Simpson Oil and Parkland, dated March 21, 2023 (the Board Nomination Agreement), and subsequently elected to the Board at Parkland's Annual General Meeting on May 4, 2023. Simpson has provided notice of its waiver of its nomination rights under the Board Nomination Agreement. In accordance with its terms, the Board Nomination Agreement will terminate as of April 2, 2024. Simpson remains subject to the standstill, voting and other obligations set forth in the governance agreement between Simpson and Parkland dated January 8, 2019 (the Governance Agreement). Parkland will continue to enforce the terms of the Governance Agreement going forward. Annuncio • Dec 14
Parkland Corporation Announces Fourth Quarter 2023 Dividend, Payable on January 15, 2024 Parkland Corporation announced that a dividend of $0.34 per share will be paid on January 15, 2024 to shareholders of record on December 22, 2023. The dividend will be an 'eligible dividend' for Canadian income tax purposes. The ex-dividend date is December 21, 2023. New Risk • Nov 24
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €840k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (€840k sold). Recent Insider Transactions • Nov 24
President of Parkland International recently sold €793k worth of stock On the 17th of November, Pierre Patrick Magnan sold around 27k shares on-market at roughly €29.31 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months. New Risk • Nov 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CA$1.31 (vs CA$0.67 in 3Q 2022) Third quarter 2023 results: EPS: CA$1.31 (up from CA$0.67 in 3Q 2022). Revenue: CA$8.87b (down 6.8% from 3Q 2022). Net income: CA$230.0m (up 119% from 3Q 2022). Profit margin: 2.6% (up from 1.1% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 1.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 19
Parkland Corporation to Report Q3, 2023 Results on Nov 01, 2023 Parkland Corporation announced that they will report Q3, 2023 results After-Market on Nov 01, 2023 Annuncio • Sep 14
Parkland Corporation Announces Dividend, Payable on October 13, 2023 Parkland Corporation announced that a dividend of $0.34 per share will be paid on October 13, 2023 to shareholders of record on September 22, 2023. The dividend will be an 'eligible dividend' for Canadian income tax purposes. The ex-dividend date is September 21, 2023. Reported Earnings • Aug 06
Second quarter 2023 earnings released: EPS: CA$0.44 (vs CA$0.52 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.44 (down from CA$0.52 in 2Q 2022). Revenue: CA$7.82b (down 20% from 2Q 2022). Net income: CA$78.0m (down 3.7% from 2Q 2022). Profit margin: 1.0% (up from 0.8% in 2Q 2022). Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 1.6%. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Aug 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Chairman Emeritus Jim Pantelidis was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jul 29
Parkland Corporation Announces Executive Changes Parkland Corporation has announced his retirement from the Board effective today. Although Mr. Pantelidis will no longer be a director of the Company, he will remain as an advisor to the Board, with the honourary title of "Chairman Emeritus", until the next annual general meeting of shareholders in recognition of his significant contributions to the Company. For over two decades, Mr. Pantelidis guided the company through its evolution from a small regional player to an international organization operating in 25 countries. Effective immediately, the Board has appointed Steven Richardson as Chair of the Board. Mr. Richardson joined the Board in 2017 and currently serves on the Human Resources and Compensation Committee and is the Chair of the Audit Committee. Mr. Richardson has over 30 years of experience in the financial and retail sectors. From 2003 to 2009, Mr. Richardson held senior financial positions at Hudson'sBay Company, including Chief Financial Officer from 2006 to 2009. Previously, Mr. Richardson held senior executive positions with financial services companies, including Chief Financial Officer of Wells Fargo Financial Canada, Executive Vice President and Chief Financial Officer of Associates Financial Services of Canada, and Chief Financial Officer of Beneficial Canada. Mr. Richardson currently serves on the Board of Directors of SupremeX Inc., where he chairs the Audit Committee. He previously served on the Board of Directors for RONA Inc. and easyhome Ltd. (currently goeasy Ltd.), where he served on both Audit Committees. Mr. Pantelidis' retirement, and Mr. Richardson's appointment as Chair of the Board, form part of Parkland's ongoing Board refreshment process. Annuncio • Jul 24
Parkland Corporation to Report Q2, 2023 Results on Aug 03, 2023 Parkland Corporation announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Annuncio • Jul 15
Parkland Appoints Nora Duke to its Board of Directors Parkland Corporation announced the appointment of Nora Duke to Parkland's Board of Directors (the "Board"), effective July 14, 2023. Ms. Duke's career includes over 35 years within the Fortis group of companies, a diversified leader in the North American electric and gas utility industry. Most recently, Ms. Duke served as Executive Vice President, Sustainability and Chief Human Resource Officer at Fortis Inc., the parent company. Previously, Ms. Duke was Chief Executive Officer of Fortis Properties Corporation, and prior to that served as its Vice President, Hospitality Services. Ms. Duke also served as Vice President of Customer and Corporate Services, at Fortis subsidiary, Newfoundland Power. Ms. Duke has significant board experience in the corporate, industry and community sectors. She currently sits on the board of the Institute of Corporate Directors. She holds a Bachelor of Commerce (Honours) and a Master of Business Administration from Memorial University of Newfoundland and has an ICD.D designation. Ms. Duke's appointment forms part of Parkland's ongoing Board refreshment process, and closely follows the recent election of Michael Christiansen and Marc Halley. New Risk • Jun 29
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €561k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (13% increase in shares outstanding). Significant insider selling over the past 3 months (€561k sold). Buying Opportunity • Jun 23
Now 20% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be €28.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 20%. Revenue is forecast to decline by 6.3% in 2 years. Earnings is forecast to grow by 61% in the next 2 years. Annuncio • Jun 14
Parkland Corporation Announces Second Quarter 2023 Dividend, to Be Paid on July 14, 2023 Parkland Corporation announced that a dividend of $0.34 per share will be paid on July 14, 2023 to shareholders of record on June 22, 2023. The dividend will be an 'eligible dividend' for Canadian income tax purposes. The ex-dividend date is June 21, 2023. Recent Insider Transactions • Jun 02
President of Parkland International recently sold €65k worth of stock On the 30th of May, Pierre Patrick Magnan sold around 3k shares on-market at roughly €23.12 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €676k more than they sold in the last 12 months. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: CA$0.44 (vs CA$0.35 in 1Q 2022) First quarter 2023 results: EPS: CA$0.44 (up from CA$0.35 in 1Q 2022). Revenue: CA$8.16b (up 7.2% from 1Q 2022). Net income: CA$77.0m (up 40% from 1Q 2022). Profit margin: 0.9% (up from 0.7% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 14
Upcoming dividend of CA$0.34 per share at 4.7% yield Eligible shareholders must have bought the stock before 21 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.4%). Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: CA$1.94 (vs CA$0.64 in FY 2021) Full year 2022 results: EPS: CA$1.94 (up from CA$0.64 in FY 2021). Revenue: CA$35.5b (up 65% from FY 2021). Net income: CA$310.0m (up 220% from FY 2021). Profit margin: 0.9% (up from 0.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has fallen by 4% per year and the company’s share price has also fallen by 4% per year. Annuncio • Feb 17
Parkland Corporation to Report Q4, 2022 Results on Mar 02, 2023 Parkland Corporation announced that they will report Q4, 2022 results After-Market on Mar 02, 2023 Recent Insider Transactions • Jan 03
President recently sold €461k worth of stock On the 29th of December, Robert Espey sold around 23k shares on-market at roughly €20.51 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months. Recent Insider Transactions • Dec 14
Insider recently bought €173k worth of stock On the 9th of December, Ferio Pugliese bought around 8k shares on-market at roughly €20.90 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €294k. Insiders have collectively bought €1.6m more in shares than they have sold in the last 12 months. Annuncio • Dec 03
Parkland Corporation Doubles Its Plan to Build One of Western Canada's Largest Ultra-Fast Electric Vehicle Charging Networks Parkland Corporation secured support from NRCan and the Government of British Columbia to build one of Western Canada's largest ultra-fast electric vehicle ("EV") charging networks. Strategically located across the Company's existing Chevron and ON the RUN retail portfolio between Vancouver Island and Calgary, Parkland's ON the RUN EV charging network will nearly triple Metro Vancouver's ultra-fast EV charging locations. Customer benefits will inc lude: Convenienent: Located on highways and in major destinations aoss Vancouver Island, the Lower Mainlandnd, the Okanagan and into Alberta, their ON the RUN ultra-fast chargers will be strategically located at intervals that help eliminate range anxiety for their customers. Efficient: Delivering an up to 200-kilowatt charge, Parkland's ON the RUN ultra-fast chargers are on an open network, capable of charging most EV models within 20-30 minutes. Experience: To help customers make the most of every stop, locations will be staffed, feature an ON the RUN convenience store and most will have a Triple O's restaurant. Customers will benefit from an integrated digital experience through the JOURNIE(TM) rewards app and washrooms will be upgraded. Recent Insider Transactions • Nov 09
Independent Chairman recently bought €294k worth of stock On the 4th of November, James Pantelidis bought around 15k shares on-market at roughly €19.21 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of €1.2m worth in shares. Annuncio • Sep 14
Parkland Corporation Announces Third Quarter 2022 Dividend, Payable on October 14, 2022 Parkland Corporation announced that a dividend of $0.3250 per share will be paid on October 14, 2022, to shareholders of record on September 22, 2022. The dividend will be an 'eligible dividend' for Canadian income tax purposes. The ex-dividend date is September 21, 2022. Recent Insider Transactions • Aug 31
Independent Chairman recently bought €55k worth of stock On the 22nd of August, James Pantelidis bought around 2k shares on-market at roughly €26.06 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €368k. James has been a buyer over the last 12 months, purchasing a net total of €745k worth in shares. Recent Insider Transactions • Aug 13
Independent Chairman recently bought €127k worth of stock On the 8th of August, James Pantelidis bought around 5k shares on-market at roughly €25.41 per share. In the last 3 months, they made an even bigger purchase worth €368k. James has been a buyer over the last 12 months, purchasing a net total of €580k worth in shares. Reported Earnings • Aug 07
Second quarter 2022 earnings released: EPS: CA$0.52 (vs CA$0.38 loss in 2Q 2021) Second quarter 2022 results: EPS: CA$0.52 (up from CA$0.38 loss in 2Q 2021). Revenue: CA$9.72b (up 94% from 2Q 2021). Net income: CA$81.0m (up CA$138.0m from 2Q 2021). Profit margin: 0.8% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 7.6%, compared to a 32% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Annuncio • Jul 22
Parkland Corporation to Report Q2, 2022 Results on Aug 04, 2022 Parkland Corporation announced that they will report Q2, 2022 results After-Market on Aug 04, 2022 Recent Insider Transactions • Jul 06
Independent Chairman recently bought €368k worth of stock On the 30th of June, James Pantelidis bought around 14k shares on-market at roughly €25.76 per share. This was the largest purchase by an insider in the last 3 months. James has been a buyer over the last 12 months, purchasing a net total of €453k worth in shares. Annuncio • Jun 14
Parkland Corporation Announces Second Quarter 2022 Dividend, Payable on July 15, 2022 Parkland Corporation announces that a dividend of $0.3250 per share will be paid on July 15, 2022 to shareholders of record on June 22, 2022. The dividend will be an 'eligible dividend' for Canadian income tax purposes. The ex-dividend date is June 21, 2022. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: CA$0.35 (vs CA$0.21 in 1Q 2021) First quarter 2022 results: EPS: CA$0.35 (up from CA$0.21 in 1Q 2021). Revenue: CA$7.61b (up 80% from 1Q 2021). Net income: CA$55.0m (up 77% from 1Q 2021). Profit margin: 0.7% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 2.8%, compared to a 51% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Annuncio • Apr 21
Parkland Corporation to Report Q1, 2022 Results on May 04, 2022 Parkland Corporation announced that they will report Q1, 2022 results After-Market on May 04, 2022 Annuncio • Mar 06
Parkland Corporation Announces Dividend for the March 2022, Payable on April 15, 2022 Parkland Corporation announced annualized common share dividend will increase 5.3% from $1.235 to $1.300, effective with the monthly dividend payable on April 15, 2022 to shareholders of record at the close of business on March 22, 2022. Starting in the second quarter, any declared dividends will be paid on a quarterly basis, at the expected rate of $0.325 per share. Annuncio • Feb 26
Parkland Corporation, Annual General Meeting, May 05, 2022 Parkland Corporation, Annual General Meeting, May 05, 2022. Annuncio • Feb 18
Parkland Corporation to Report Q4, 2021 Results on Mar 03, 2022 Parkland Corporation announced that they will report Q4, 2021 results After-Market on Mar 03, 2022 Annuncio • Feb 13
Parkland Corporation Announces Dividend for the February 2022, Payable on March 15, 2022 Parkland Corporation announced a dividend of $0.1029 per share for February 2022 will be paid on March 15, 2022 to shareholders of record on February 23, 2022. The dividend will be an 'eligible dividend' for Canadian income tax purposes. The ex-dividend date is February 22, 2022. Annuncio • Jan 19
Parkland Corporation (TSX:PKI) entered into a definitive agreement to acquire M&M Food Market from Searchlight Capital Partners, L.P. for approximately CAD 320 million. Parkland Corporation (TSX:PKI) entered into a definitive agreement to acquire M&M Food Market from Searchlight Capital Partners, L.P. for approximately CAD 320 million on January 18, 2022. The total consideration for the transaction is approximately CAD 322 million, which will be funded out of existing credit facility capacity. Post-completion, the M&M brand, leadership, franchise system, store network, and office in Mississauga, Ontario will remain in place. The transaction is subject customary closing conditions, including approval under the Competition Act (Canada). The transaction is expected to close in the first quarter of 2022. RBC Capital Markets and CG Sawaya Partners acted as financial advisors to M&M Food Market and Goodmans LLP acted as legal advisor to M&M Food Market. Annuncio • Dec 16
Parkland Ramps-Up Processing Operations At the Burnaby Refinery Parkland Corporation announced, that following the restart of the Trans Mountain Pipeline ("the Pipeline") on December 5, 2021, it is ramping-up processing operations at the Burnaby Refinery (the "Refinery"). The Pipeline is the primary source of crude oil feedstock to the refinery. Refinery Operational Status and Guidance: The shutdown of the Pipeline, on November 14, 2021, resulted in a lack of available crude oil feedstocks into the Burnaby Refinery. As a direct result, processing operations were significantly reduced from November 15, 2021, paused between November 22, 2021 and December 10, 2021, and began to ramp-up from December 11, 2021. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS CA$0.76 (vs CA$0.51 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CA$6.01b (up 71% from 3Q 2020). Net income: CA$115.0m (up 51% from 3Q 2020). Profit margin: 1.9% (down from 2.2% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 09
Second quarter 2021 earnings released: CA$0.38 loss per share (vs CA$0.21 profit in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CA$5.02b (up 87% from 2Q 2020). Net loss: CA$57.0m (down 278% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Annuncio • May 13
Parkland Corporation Announces May 2021 Dividend, Payable on June 15, 2021 Parkland Corporation announced that a dividend of $0.1029 per share will be paid on June 15, 2021 to shareholders of record on May 21, 2021. The ex-dividend date is May 20, 2021. Annuncio • Mar 12
Parkland Corporation Announces March 2021 Dividend, Payable on April 15, 2021 Parkland Corporation announced that a dividend of $0.1029 per share will be paid on April 15, 2021 to shareholders of record on March 22, 2021. The dividend will be an 'eligible dividend' for Canadian income tax purposes. The ex-dividend date is March 19, 2021. Annuncio • Feb 23
Parkland Corporation, Annual General Meeting, May 04, 2021 Parkland Corporation, Annual General Meeting, May 04, 2021. Annuncio • Feb 18
Parkland Corporation to Report Q4, 2020 Results on Mar 04, 2021 Parkland Corporation announced that they will report Q4, 2020 results After-Market on Mar 04, 2021 Is New 90 Day High Low • Jan 10
New 90-day high: €28.00 The company is up 20% from its price of €23.40 on 12 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.64 per share. Is New 90 Day High Low • Dec 08
New 90-day high: €26.80 The company is up 21% from its price of €22.20 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.50 per share. Annuncio • Nov 20
Parkland Corporation Appoints Marcel Teunissen as Chief Financial Officer, Effective December 1, 2020 Parkland Corporation announced the appointment of Marcel Teunissen as Chief Financial Officer ("CFO"), effective December 1, 2020. Marcel joins Parkland from Royal Dutch Shell, where he was Executive Vice President, Finance, Integrated Gas and New Energies, responsible for the financial management of Shell's global portfolio of LNG assets and its emerging new energy business. With over 23 years of experience, Marcel has worked globally across the entire energy value chain, with an emphasis on refining, retail and related infrastructure. Marcel brings an extensive background in corporate finance, treasury, financial planning and analysis, tax, strategic planning and commodity & financial risk management. He has also worked in many of the markets across Parkland's diverse geographies, including Canada and the Caribbean. Is New 90 Day High Low • Oct 29
New 90-day low: €20.80 The company is down 5.0% from its price of €21.80 on 30 July 2020. The German market is also down 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Oil and Gas industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.14 per share. Annuncio • Jul 30
Parkland Fuel Corporation (TSX:PKI) completed the acquisition of ConoMart Super Stores. Parkland Fuel Corporation (TSX:PKI) entered into an asset agreement to acquire ConoMart Super Stores on March 9, 2020. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2020. Pro forma the acquisition, Parkland expects a modest increase in annual run-rate adjusted EBITDA for its United States of America operating segment.
Parkland Fuel Corporation (TSX:PKI) completed the acquisition of ConoMart Super Stores on May 13, 2020. 
