Sector: Energy | Industry: Oil & Gas Refining and Marketing |
Company Contact | |
Address: | 1800, 240-4 Ave SW CALGARY AB T2P 4H4 |
Tel: | N/A |
Website: | https://www.parkland.ca/en |
IR: | See website |
Key People | ||
Robert B. Espey President, Chief Executive Officer, Director | Marcel Teunissen Chief Financial Officer | Pierre P.G. Magnan President - Parkland International |
Donna Sanker President, USA | Ian White President, Parkland Canada | Tariq Remtulla Senior Vice President, General Counsel and Corporate Secretary |
Uwe Stueckmann Senior Vice President - Strategic Marketing and Innovation | Ferio Pugliese Senior Vice President - People and Culture | Darren Smart Senior Vice President - Energy Transition and Corporate Development |
Business Overview |
Parkland Corporation is an international fuel distributor and retailer. The Company's 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. |
Financial Overview |
For the fiscal year ended 31 December 2023, Parkland Corp revenues decreased 8% to C$32.45B. Net income increased 52% to C$471M. Revenues reflect USA segment decrease of 25% to C$6.53B, United States (Country) segment decrease of 23% to C$8.7B, Retail Sales- US decrease of 25% to C$6.52B. Net income reflects Loss (gain) on risk management and other increase from C$336M (expense) to C$51M (income). |
Employees: | 6,181 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $13,462M as of Dec 31, 2023 |
Annual revenue (TTM): | $32,452M as of Dec 31, 2023 |
EBITDA (TTM): | $1,767M as of Dec 31, 2023 |
Net annual income (TTM): | $471.00M as of Dec 31, 2023 |
Free cash flow (TTM): | $1,061M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $5,971M as of Dec 31, 2023 |
Shares outstanding: | 174,695,422 as of Mar 7, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |