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Parkland
(TSX:PKI)
Parkland (PKI) vs. S&P 500 (SPY)
Parkland Business Overview & Revenue Model
Parkland Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 28.30B | 32.45B | 35.46B | 21.47B | 14.01B | Gross Profit |
| 2.89B | 3.15B | 3.28B | 2.34B | 1.73B | EBIT |
| 0.00 | 930.00M | 1.25B | 788.00M | 394.00M | EBITDA |
| 1.30B | 1.70B | 1.47B | 1.08B | 1.02B | Net Income Common Stockholders |
| 127.00M | 471.00M | 310.00M | 97.00M | 112.00M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 385.00M | 387.00M | 653.00M | 284.00M | 262.00M | Total Assets |
| 14.04B | 13.87B | 14.29B | 11.55B | 9.09B | Total Debt |
| 6.64B | 6.36B | 6.97B | 5.56B | 4.16B | Net Debt |
| 6.26B | 5.97B | 6.32B | 5.27B | 3.90B | Total Liabilities |
| 10.88B | 10.69B | 11.25B | 9.22B | 6.83B | Stockholders Equity |
| 3.17B | 3.18B | 3.04B | 1.97B | 1.92B |
| Cash Flow | Free Cash Flow | |||
| 960.00M | 1.30B | 823.00M | 508.00M | 589.00M | Operating Cash Flow |
| 1.53B | 1.78B | 1.33B | 904.00M | 934.00M | Investing Cash Flow |
| -524.00M | -516.00M | -1.23B | -1.51B | -515.00M | Financing Cash Flow |
| -1.04B | -1.57B | 276.00M | 655.00M | -367.00M |
Parkland Technical Analysis
Parkland Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $139.49B | 27.44 | 8.63% | 5.74% | 24.95% | -17.19% | |
76 Outperform | C$68.66B | 19.28 | 18.66% | 1.02% | 11.62% | -8.08% | |
75 Outperform | $61.04B | 10.44 | 13.82% | 4.50% | 3.25% | -25.69% | |
74 Outperform | $44.17B | 9.61 | 21.08% | 2.63% | 1.08% | 6.38% | |
70 Outperform | $28.83B | 9.42 | 10.88% | 4.29% | 3.97% | -22.22% | |
65 Neutral | C$5.98B | 47.12 | 4.00% | 4.11% | -12.79% | -72.79% | |
55 Neutral | $7.10B | 3.56 | -6.61% | 5.99% | -0.03% | -51.71% |
Parkland Earnings Call Summary
Parkland Corporate Events
Parkland Corporation has announced the release date for its 2025 first quarter results, which will be shared after market close on May 5, 2025, followed by a webcast and conference call on May 6, 2025. The company will also hold its Annual General Meeting of Shareholders on the same day, urging shareholders to vote using the BLUE Proxy for director nominees. This announcement is part of Parkland’s ongoing efforts to engage with stakeholders and maintain transparency in its operations, potentially impacting its market positioning and shareholder relations.
Spark’s Take on TSE:PKI Stock
According to Spark, TipRanks’ AI Analyst, TSE:PKI is a Neutral.
Parkland Corporation’s stock score reflects a company with solid operational performance and strategic initiatives but facing challenges in profitability and valuation. The financial stability is underpinned by robust cash flows, yet technical indicators and valuation metrics suggest caution. Corporate developments, including board enhancements and strategic reviews, offer potential upside but are offset by uncertainties such as the control bid from Simpson Oil.
To see Spark’s full report on TSE:PKI stock, click here.
Parkland Corporation has published a presentation to counter claims by Simpson Oil Limited, asserting that Parkland’s independent and experienced Board is best suited to lead the company’s Strategic Review and maximize shareholder value. The company criticizes Simpson’s attempt to gain control without offering a premium and highlights the lack of qualifications and independence in Simpson’s proposed board nominees. Parkland emphasizes its commitment to delivering long-term value for all shareholders and accuses Simpson of prioritizing personal financial interests over those of other shareholders.
Spark’s Take on TSE:PKI Stock
According to Spark, TipRanks’ AI Analyst, TSE:PKI is a Neutral.
Parkland’s overall score reflects a company with strong operational performance and strategic initiatives but facing challenges in profitability and valuation. Financial stability is supported by robust cash flows, while technical indicators and valuation metrics suggest caution. Corporate developments and strategic reviews offer potential upside.
To see Spark’s full report on TSE:PKI stock, click here.
Parkland Corporation announced that Bob Espey will step down as President and CEO, with Michael Jennings appointed as Executive Chair. The company is undergoing a strategic review to maximize shareholder value, considering options like asset divestments and business combinations. Preliminary Q1 2025 results show an expected Adjusted EBITDA of $375 million, with challenges from macroeconomic and regulatory volatility affecting operations, particularly in the U.S. and California.
Spark’s Take on TSE:PKI Stock
According to Spark, TipRanks’ AI Analyst, TSE:PKI is a Neutral.
Parkland’s stock score of 66 reflects a balance of strong operational performance and strategic initiatives against profitability challenges and high debt levels. While technical indicators and corporate events provide moderate encouragement, high valuation poses a risk. Improvements in financial metrics and strategic execution could enhance the stock’s attractiveness.
To see Spark’s full report on TSE:PKI stock, click here.
Parkland Corporation, a company involved in the energy sector, has announced the filing of its management information circular for the upcoming annual general meeting of shareholders. The company has added three nominees from Simpson Oil Limited to its board slate, including one on the special committee overseeing a strategic review. This move comes amid Simpson’s attempt to nominate nine directors, which Parkland views as a bid to gain control without a premium. Parkland has also appointed Brad Monaco as the permanent Chief Financial Officer, highlighting his strong leadership and strategic capabilities.
Spark’s Take on TSE:PKI Stock
According to Spark, TipRanks’ AI Analyst, (TSE:PKI) is a Neutral.
Parkland’s stock score of 66 reflects a balance of strong operational performance and strategic initiatives against profitability challenges and high debt levels. While technical indicators and corporate events provide moderate encouragement, high valuation poses a risk. Improvements in financial metrics and strategic execution could enhance the stock’s attractiveness.
To see Spark’s full report on (TSE:PKI) stock, click here.
Parkland Corporation has strengthened its Board of Directors by appointing Felipe Bayon and Sue Gove as independent directors. This move is part of Parkland’s ongoing commitment to strong corporate governance and board renewal. Bayon brings extensive experience from the global energy sector, while Gove offers deep retail sector expertise. Their appointments are expected to provide valuable insights as Parkland undergoes a strategic review aimed at maximizing shareholder value. Over the past two years, Parkland has added six independent directors to ensure a blend of expertise and fresh perspectives.
Parkland Corporation has announced a dividend of $0.36 per share for the first quarter of 2025, payable on April 15 to shareholders of record as of March 21. This announcement highlights Parkland’s ongoing commitment to delivering value to its shareholders and reflects its stable financial performance. The dividend, classified as an ‘eligible dividend’ for Canadian tax purposes, underscores the company’s robust operational capabilities and strategic positioning in the fuel distribution and convenience retail industry.
Parkland Corporation reported its financial results for the fourth quarter and year-end 2024, highlighting an adjusted EBITDA of $428 million for the quarter and $1,690 million for the full year. Despite challenges in the refining and USA segments, Parkland’s retail and commercial businesses showed resilience. The company announced a strategic review to explore opportunities for maximizing shareholder value, which may include asset divestments or a sale of the company. This review is driven by the belief that the current share price does not reflect the company’s intrinsic value. Parkland’s liquidity improved significantly by year-end 2024, although its leverage ratio increased due to lower EBITDA and unfavorable currency translations.
Parkland Corporation announced its 2024 fourth quarter and year-end results will be released on March 5, 2025, with a conference call scheduled for the following day. This announcement reflects Parkland’s commitment to transparency and communication with stakeholders, as it continues to leverage its strategic advantages in customer loyalty and supply efficiency to maintain its competitive position in the fuel distribution and convenience retail industry.
Parkland Corporation has acknowledged the Ontario Superior Court of Justice’s decision that Simpson Oil Limited is no longer bound by the voting and standstill restrictions in their Governance Agreement, initially established in 2019 to protect Parkland’s shareholders. Despite this change, Parkland remains committed to maximizing shareholder value and executing its long-term strategy while continuing engagement with all stakeholders. The company emphasizes its strong operational foundation and focus on shareholder interests, indicating that Simpson Oil’s representation on its board remains welcome.