CALGARY — Fuel retailer Parkland Corp. says it posted a net loss of $5 million in its first quarter as its financial results took a hit due to an unplanned shutdown at its Burnaby refinery. The Calgary-headquartered company says that compares to earnings of $77 million a year earlier. On an adjusted basis, the company says it earned $327 million, a decrease of 17 per cent compared with the first quarter of 2023. The unplanned shutdown of Parkland's Burnaby, B.C. refinery began in January due to
Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI), today announced its financial and operating results for the three months ended March 31, 2024.
Parkland (TSX:PKI) stock may be down by 13%, but shares are still way up in the last year. So, this could be more of a deal and less of a dud. The post 1 Dividend Stock Down 13% to Buy Right Now appeared first on The Motley Fool Canada.