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Parkland Corporation (T:PKI)

Business Focus: Oil & Gas Refining and Marketing (NEC)

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