PKI.TO - Parkland Fuel Corporation

Toronto - Toronto Delayed Price. Currency in CAD
28.51
+0.83 (+3.00%)
At close: 4:00PM EDT
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Previous Close27.68
Open27.90
Bid28.43 x 0
Ask28.48 x 0
Day's Range26.90 - 28.62
52 Week Range17.57 - 49.22
Volume601,809
Avg. Volume668,484
Market Cap4.225B
Beta (5Y Monthly)1.37
PE Ratio (TTM)11.18
EPS (TTM)2.55
Earnings DateJun. 04, 2020 - Jun. 14, 2020
Forward Dividend & Yield1.21 (4.26%)
Ex-Dividend DateMar. 18, 2020
1y Target Est39.39
  • Baystreet

    Stocks in play: Parkland Fuel Corporation

    Is nearing completion of the required work for the 2020 Burnaby refinery turnaround and has begun the ...

  • Parkland Fuel nears completion of maintenance work at B.C. refinery
    The Canadian Press

    Parkland Fuel nears completion of maintenance work at B.C. refinery

    CALGARY — Parkland Fuel Corp. says it is close to finishing the maintenance work at its refinery in Burnaby, B.C.The Calgary-based company says it has begun the startup sequence at the facility.Parkland expects to take about two-weeks to reach full operational capability due to additional safety measures taken due to COVID-19.The change in processes and procedures in response to guidance from provincial health authorities means fewer staff on site.Parkland cut its capital spending budget by 52 per cent last month and trimmed executive salaries in response to the uncertain economic impact of the pandemic.The company sells fuel through more than 2,600 service stations throughout Canada and in the United States and Caribbean.This report by The Canadian Press was first published April 6, 2020.Companies in this story: (TSX:PKI)The Canadian Press

  • GlobeNewswire

    Parkland provides update on Burnaby refinery turnaround

    Parkland Fuel Corporation ("Parkland", "we", the "Company", or "our") (PKI.TO) announced today that we are nearing completion of the required work for the 2020 Burnaby refinery turnaround and have begun the startup sequence for the facility. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon.

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    TSX Fades to Begin Friday

    Equity markets in Canada handed back some strength at the open on Friday, lifted by a bounce in energy ...

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  • Parkland Fuel drains$300M from budget to deal with COVID-19 demand impact
    The Canadian Press

    Parkland Fuel drains$300M from budget to deal with COVID-19 demand impact

    CALGARY — Parkland Fuel Corp. is cutting its 2020 capital spending budget by 52 per cent and trimming executive salaries in response to the uncertain economic impact of the novel coronavirus.The Calgary-based company, which sells fuel through more than 2,600 service stations throughout Canada and in the United States and Caribbean, says it plans to spend $275 million this year, down from its earlier guidance of $575 million.Parkland says it has already spent about $130 million of the budget in the first quarter, which ends Tuesday.It says starting that Wednesday, president and CEO Bob Espey will take a 35 per cent salary reduction while other members of the leadership team will take a 25 per cent cut and directors will accept a 25 per cent reduction in cash retainer fees.The company withdrew its 2020 earnings guidance, while noting it remains focused on providing fuel and convenience store services to customers via its brands including Ultramar, FasGas, Chevron and Esso.Parkland says its Burnaby, B.C., refinery, which is shut down for maintenance, is to be restarted in early April and utilization rates will be determined based on the demand outlook at the time."We are responding quickly and prudently to the ongoing COVID-19 pandemic," said Espey in a statement."We will maintain the operational flexibility to resume our growth initiatives when conditions improve."This report by The Canadian Press was first published March 30, 2020.Companies in this story: (TSX:PKI)The Canadian Press

  • GlobeNewswire

    Parkland provides business update related to COVID-19

    Parkland Fuel Corporation ("Parkland", "we", the "Company", or "our") (PKI.TO) announced today in response to the uncertain economic impact of novel coronavirus (“COVID-19”): a reduction in its 2020 Capital Expenditure program, the withdrawal of its 2020 Adjusted EBITDA guidance, reiteration of the Company’s financial strength and other corporate updates. The capital expenditures included in the reduction can be deferred until an improvement in the current economic environment.

  • Thomson Reuters StreetEvents

    Edited Transcript of PKI.TO earnings conference call or presentation 6-Mar-20 1:30pm GMT

    Q4 2019 Parkland Fuel Corp Earnings Call

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    The Motley Fool

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    The Motley Fool

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  • A Sliding Share Price Has Us Looking At Parkland Fuel Corporation's (TSE:PKI) P/E Ratio
    Simply Wall St.

    A Sliding Share Price Has Us Looking At Parkland Fuel Corporation's (TSE:PKI) P/E Ratio

    To the annoyance of some shareholders, Parkland Fuel (TSE:PKI) shares are down a considerable 35% in the last month...

  • GlobeNewswire

    Parkland Fuel Corporation Announces March 2020 Dividend

    Parkland Fuel Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.1012 per share will be paid on April 15, 2020 to shareholders of record on March 20, 2020. Parkland's enhanced Dividend Reinvestment Plan ("Enhanced DRIP") allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the daily volume weighted average trading price on the applicable dividend payment date. Shareholders who wish to enroll in the Enhanced DRIP must do so prior to the March 19, 2020 ex-dividend date to reinvest this month’s dividend in Parkland shares at a discount.

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    The Motley Fool

    Profit From the Market Crash: Buy This Top Canadian Dividend-Growth Stock Yielding 4%

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  • GlobeNewswire

    Parkland announces acquisition of ConoMart Super Stores

    Parkland Fuel Corporation (“Parkland”) (PKI.TO) announced today that through its wholly owned U.S. subsidiaries (collectively, "Parkland USA"), it has entered into an asset agreement to acquire seven retail sites located in and around Billings, Montana. All seven retail sites feature a strong convenience store offering and a Conoco-branded forecourt. “This acquisition expands our Montana business and scales our existing Northern Tier Regional Operating Center,” said Doug Haugh, President of Parkland USA.

  • GlobeNewswire

    Parkland delivers record 2019 Adjusted EBITDA and increases dividend

    CALGARY, Alberta, March 05, 2020 -- Parkland Fuel Corporation ("Parkland", "we", the "Company", or "our") (TSX:PKI) announced today its fourth quarter and full-year ...

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    The Motley Fool

    Use Your TFSA to Build Wealth and Maximize the OAS Pension

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  • With EPS Growth And More, Parkland Fuel (TSE:PKI) Is Interesting
    Simply Wall St.

    With EPS Growth And More, Parkland Fuel (TSE:PKI) Is Interesting

    Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...

  • 2 Top Canadian Dividend Stocks to Buy on the Dip
    The Motley Fool

    2 Top Canadian Dividend Stocks to Buy on the Dip

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  • GlobeNewswire

    Parkland extends relationship with Triple O’s restaurants to bring fresh, high quality food options to On the Run locations in new Canadian markets

    Parkland Fuel Corporation (“Parkland”) (PKI.TO) announced today a multi-year agreement to strengthen its already extensive range of freshly prepared, high quality meal options by expanding its existing, long-standing relationship with Triple O’s restaurants. This new and exclusive agreement builds on the success of Parkland’s existing network of convenience stores which feature Triple O’s in British Columbia. Importantly, it paves the way for more restaurants in British Columbia, as well as Triple O’s entry into new and densely populated markets in Alberta and Ontario.

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    Killam Apartment REIT stock and Parkland Fuel Stock are two dividend stocks that pack fantastic growth potential.

  • GlobeNewswire

    Parkland Announces Date of 2019 Fourth Quarter & Year-End Results

    Parkland Fuel Corporation (“Parkland”) (PKI.TO) expects to announce its 2019 fourth quarter and year-end results after markets close on Thursday, March 5, 2020. A conference call and webcast will then be held at 6:30 a.m. MST (8:30 a.m. EST) on Friday, March 6, 2020 to discuss the results. Analysts and institutional investors interested in participating in the question and answer session of the conference call may do so by calling 1-888-390-0546 (toll-free) (Conference ID: 95848696).

  • GlobeNewswire

    Parkland completes acquisition of Kellerstrass Oil

    CALGARY, Alberta, Feb. 14, 2020 -- Parkland Fuel Corporation (“Parkland”, “We”, “Our” or “Us”) (TSX:PKI) announced today that through its wholly owned U.S. subsidiaries.

  • GlobeNewswire

    Parkland Fuel Corporation Announces February 2020 Dividend

    Parkland Fuel Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.0995 per share will be paid on March 16, 2020 to shareholders of record on February 21, 2020. Parkland's enhanced Dividend Reinvestment Plan ("Enhanced DRIP") allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the daily volume weighted average trading price on the applicable dividend payment date. Shareholders who wish to enroll in the Enhanced DRIP must do so prior to the February 20, 2020 ex-dividend date to reinvest this month’s dividend in Parkland shares at a discount.

  • A $1,000 Investment in This Top Growth Stock Would Now Be Worth $4,764
    The Motley Fool

    A $1,000 Investment in This Top Growth Stock Would Now Be Worth $4,764

    Buy Parkland Fuel Corporation (TSX:PKI) to build wealth and achieve your financial goals sooner.