Earnings |
December 7, 2019 - CM
| CIBC - 2019 Earnings & Price Target Forecast ..... |
December 6, 2019 - TD
| TD Bank - 2019 Fiscal Earnings & Price Target Update ..... |
December 5, 2019 - NA
| National Bank of Canada - Fiscal 2019 Earnings, Price Target ..... |
December 4, 2019 - RY
| Royal Bank of Canada, Fiscal 2019 Earnings, Price Target Update ..... |
December 3, 2019 - BMO
| Bank of Montreal - 2019 Earnings, Fiscal 2020 Forecast ..... |
December 1, 2019 - CRR.UN
| Crombie REIT - Q3-2019, Price Target Update ..... |
November 30, 2019 - POW
| Power Corp. of Canada, Q3-2019 Earnings, Price Target Update ..... |
November 29, 2019 - BNS
| Bank of Nova Scotia, Fiscal 2019 Earnings & Price Target Update ..... |
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Parkland Fuel Corp. Q3-2019 Earnings & Price Target Update This is only a sample of the article, please login to view the entire article Parkland Fuel Corporation(PKI-TSX) has grown from a western Canadian fuel distributor to become Canada's largest independent distributor with an expanding presence in the US and the Caribbean. Products include fuel and lubricants, and a Canadian nationwide network of sales channels for retail, commercial, wholesale and home heating fuel customers. Parkland provides motorists, businesses, consumers and wholesale customers with gasoline, diesel, propane, lubricants, heating oil and other products through a network of locations across North America. Volumes have grown from 4.16 B litres in 2011 to 17B litres for 2018 from both organic growth and acquisitions to a forecast of 22B litres for 2019. On Jun-28-2017, Parkland acquired the majority of the Canadian business and assets of CST Brands, Inc. (Ultramar) for $965M; in Oct-2017, Parkland acquire Chevron Canada R & M ULC for $1.5B; in Aug-2018, Parkland acquired Rhinehart Oil Co., Inc. and on Oct-9-2018 Parkland acquired 75% of Sol Investments Limited for $1.4B. SOL Investments is the largest marketer and supplier of petroleum products in the Caribbean. Parkland also completed 4 acquisitions in the US during the past 12 months the largest of which was Rhinehart During Q4-2017 they acquired a 55,000 boe per day gasoline refinery located in Burnaby. Revenues are earned from a chain of 1,860 retail service stations and convenience stores in Canada, sales to commercial customers and wholesalers in Canada and the US from a refining facility located in Burnaby, BC. Canadian retail fuel and convenience outlets contribute 20% of earnings, Canadian commercial sales at 6%, USA commercial – 4%, Refining & Supply – 50% and International operations- 18%.
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New Issues & Acquisition |
December 6, 2019
| New! Coverage Universe - Weekly Price Change: Nov 29-Dec 6, 2019 |
November 29, 2019
| Coverage Universe - Weekly Price Change: Nov 22-29, 2019 |
November 22, 2019
| Coverage Universe - Weekly Price Change: Nov 15-22, 2019 |
November 8, 2019
| Coverage Universe - Weekly Price Change: Nov 1-8, 2019 |
November 1, 2019
| Coverage Universe - Weekly Price Change: Oct 25-Nov 1, 2019 |
October 26, 2019
| Coverage Universe - Weekly Price Change: Oct 18-25, 2019 |
October 18, 2019
| Coverage Universe - Weekly Price Change: Oct 11-18, 2019 |
October 11, 2019
| Melcor REIT - 5.1% Convertible Debenture New Issue |
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