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Parkland
(TSX:PKI)
Parkland (PKI) vs. iShares MSCI Canada ETF (EWC)
Parkland Business Overview & Revenue Model
Parkland Earnings Call Summary
Parkland Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 28.18B | 28.30B | 32.45B | 35.46B | 21.47B | 14.01B |
| Gross Profit | 2.94B | 2.89B | 3.15B | 3.28B | 2.34B | 1.73B |
| EBITDA | 1.48B | 1.32B | 1.70B | 1.47B | 1.08B | 1.02B |
| Net Income | 196.00M | 127.00M | 471.00M | 310.00M | 97.00M | 112.00M |
Balance Sheet | ||||||
| Total Assets | 13.97B | 14.04B | 13.87B | 14.29B | 11.55B | 9.09B |
| Cash, Cash Equivalents and Short-Term Investments | 362.00M | 385.00M | 387.00M | 653.00M | 284.00M | 262.00M |
| Total Debt | 6.61B | 6.64B | 6.36B | 6.97B | 5.56B | 4.16B |
| Total Liabilities | 10.81B | 10.88B | 10.69B | 11.25B | 9.22B | 6.83B |
| Stockholders Equity | 3.16B | 3.17B | 3.18B | 3.04B | 1.97B | 1.92B |
Cash Flow | ||||||
| Free Cash Flow | 915.00M | 960.00M | 1.30B | 823.00M | 508.00M | 589.00M |
| Operating Cash Flow | 1.50B | 1.53B | 1.78B | 1.33B | 904.00M | 934.00M |
| Investing Cash Flow | -524.00M | -524.00M | -516.00M | -1.23B | -1.51B | -515.00M |
| Financing Cash Flow | -1.03B | -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 |
|---|---|---|---|---|---|---|---|
72 Outperform | C$6.71B | 34.18 | 6.21% | 3.69% | -9.79% | -49.13% | |
67 Neutral | $15.15B | 9.89 | 6.22% | 5.21% | 4.47% | -70.67% | |
| ― | $9.50B | 7.33 | 11.56% | 6.77% | ― | ― | |
| ― | $2.95B | 25.10 | 17.23% | 0.33% | ― | ― | |
| ― | $4.12B | 26.24 | 8.08% | 0.24% | ― | ― | |
80 Outperform | C$9.87B | 18.07 | 19.55% | 4.83% | 8.00% | 52.89% | |
70 Outperform | C$3.94B | 71.97 | 4.22% | 5.19% | 2.02% | 12.06% |
Parkland Corporate Events
Parkland Corporation announced that it will release its 2025 second quarter results on August 5, 2025, after market close. Due to an ongoing arrangement with Sunoco LP, Parkland will not hold a conference call or webcast for this quarter’s results. This decision may impact stakeholders’ usual access to detailed financial discussions and insights.
The most recent analyst rating on (TSE:PKI) stock is a Buy with a C$48.00 price target. To see the full list of analyst forecasts on Parkland stock, see the TSE:PKI Stock Forecast page.
Parkland Corporation announced the successful approval of all matters at its 2025 Annual and Special Meeting of Shareholders, including a significant arrangement with Sunoco LP. The arrangement, pending regulatory and court approvals, is expected to close in the latter half of 2025. This development reflects Parkland’s strategic efforts to enhance its market position and operational capabilities, potentially impacting stakeholders positively by aligning with its growth and performance objectives.
The most recent analyst rating on (TSE:PKI) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Parkland stock, see the TSE:PKI Stock Forecast page.
Parkland Corporation announced the execution of supplemental indentures for its senior notes following successful consent solicitations related to its acquisition by Sunoco LP. These amendments eliminate the obligation for a ‘Change of Control Offer’ due to the transaction and redefine ‘Change of Control’ to recognize Sunoco as a ‘Qualified Owner.’ The changes are binding on all note holders and will only become inoperative if the transaction is not completed or applicable fees are not paid.
The most recent analyst rating on (TSE:PKI) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Parkland stock, see the TSE:PKI Stock Forecast page.
Parkland Corporation announced that proxy advisory firms ISS and Glass Lewis have endorsed its proposed arrangement with Sunoco LP, highlighting strategic and financial benefits. The arrangement promises enhanced diversification and improved capital markets access, backed by fairness opinions from major financial institutions. Parkland’s Board of Directors unanimously recommends shareholders vote in favor of the arrangement at the upcoming meeting.
The most recent analyst rating on (TSE:PKI) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Parkland stock, see the TSE:PKI Stock Forecast page.
Parkland Corporation has announced a dividend of $0.36 per share, payable on July 15, 2025, to shareholders of record as of June 20, 2025. This announcement reflects Parkland’s ongoing commitment to delivering shareholder value and highlights its strong operational performance and strategic positioning in the fuel distribution and convenience retail industry.
The most recent analyst rating on (TSE:PKI) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Parkland stock, see the TSE:PKI Stock Forecast page.
Parkland Corporation announced the successful completion of consent solicitations related to its acquisition by Sunoco LP. The company received the necessary consents to amend the indentures governing its senior notes, eliminating the obligation to make a ‘Change of Control Offer’ and recognizing Sunoco as a ‘Qualified Owner.’ This move facilitates the acquisition process and impacts the company’s financial obligations, potentially affecting stakeholders and market positioning.
The most recent analyst rating on (TSE:PKI) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Parkland stock, see the TSE:PKI Stock Forecast page.
Parkland Corporation has announced a strategic transaction with Sunoco LP, which involves the filing of a Management Information Circular for an upcoming shareholder meeting. This transaction is set to deliver immediate value to shareholders and position the combined company for long-term growth. The arrangement offers a 25% premium based on recent share prices and provides shareholders with flexible consideration options, including cash and SunocoCorp common units. The merger will create one of the largest independent fuel distributors in the Americas, expected to achieve significant synergies and improve financial performance. Sunoco will maintain a Canadian headquarters and continue investing in Canadian operations, reinforcing its commitment to the region.
The most recent analyst rating on (TSE:PKI) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Parkland stock, see the TSE:PKI Stock Forecast page.
Parkland Corporation has initiated consent solicitations to amend the indentures governing its outstanding notes in connection with its acquisition by Sunoco LP. This move is aimed at eliminating the obligation to make a ‘Change of Control Offer’ and redefining ‘Change of Control’ to recognize Sunoco as a qualified owner. The transaction has not resulted in any downgrade of the notes’ ratings by major rating agencies, indicating a stable outlook for Parkland’s financial instruments post-acquisition.
The most recent analyst rating on (TSE:PKI) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Parkland stock, see the TSE:PKI Stock Forecast page.
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.
Sunoco LP has announced a definitive agreement to acquire Parkland Corporation in a transaction valued at approximately U.S.$9.1 billion. This acquisition is expected to create the largest independent fuel distributor in the Americas, offering significant financial benefits and operational synergies. The deal includes a 25% premium for Parkland shareholders and promises continued investment in Canadian operations, including maintaining the Calgary headquarters and investing in Parkland’s refinery. The transaction is expected to close in the second half of 2025, subject to regulatory approvals.
Institutional Shareholder Services Inc. (ISS) has expressed support for Parkland’s current board of directors, raising concerns about Simpson Oil Limited’s attempt to gain control. ISS criticized Simpson’s lack of detailed strategy and leadership planning, recommending against their nominee for interim CEO. Parkland’s board, endorsed by ISS, is seen as well-structured to continue strategic initiatives and deliver shareholder value. Shareholders are urged to vote for Parkland’s nominees to ensure experienced governance and value maximization.