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Parkland ( (TSE:PKI) ) has shared an update.
Parkland Corporation reported a recovery in its first quarter of 2025, overcoming challenges from the previous year, including a significant impact from exiting the California compliance market. The company achieved an adjusted EBITDA of $375 million, driven by strong performance in its international segment and improved refining margins. Despite macroeconomic and regulatory challenges, Parkland’s diverse portfolio showed resilience, with notable growth in the international segment and a robust driving season anticipated in Canada. However, the company faced a decrease in adjusted EBITDA in its Canadian and USA segments due to strategic decisions and market conditions.
Spark’s Take on TSE:PKI Stock
According to Spark, TipRanks’ AI Analyst, TSE:PKI is a Neutral.
Parkland earns a score of 68, reflecting solid operational cash flows and effective cost management. However, high leverage and valuation metrics, combined with challenges in the U.S. segment, temper the overall outlook. Strategic corporate events and board enhancements provide potential for future growth.
To see Spark’s full report on TSE:PKI stock, click here.
More about Parkland
Parkland Corporation operates in the energy sector, focusing on fuel supply and convenience store operations. The company is involved in refining, logistics, and marketing of petroleum products, with a significant presence in Canada, the USA, and international markets.
YTD Price Performance: 12.71%
Average Trading Volume: 1,054,415
Technical Sentiment Signal: Sell
Current Market Cap: C$6.33B
For detailed information about PKI stock, go to TipRanks’ Stock Analysis page.