Parkland Fuel Corp (PKI.TO)

Suncor (SU-T) discontinued their contract, but he doesn’t see this as material to their business model. A pretty stable steady business model. In North America, you are seeing a bit of a disconnect between finished product prices (gasoline) and input prices, so there is money to be made along the chain. This company is doing a decent job. Dividend is well supported. Lots of cash flow.

5.6% yield. Good grower with nice distribution. He would have thought the stock would have been up a little more. He can’t predict a dividend hike.

Quite volatile. When they came out with a bad quarter in Jan/Feb, the stock got whacked. You have to realize this is somewhat volatile. Likes what they are doing. Did a major expansion across the country. Their contract with Suncor (SU-T) is ending and he is not sure what they are going to do regarding replacements of supplies.

Good dividend paying stock. Over hang is a contract with Suncor that ends at the end of this year and will result in quite a bit of drop in revenue. People will realize when they report the first quarter. You want to buy after this.

(Top Pick Apr 2/13, Up 10.24%) He still likes it. Potentially, if long term rates rise, these stocks will go slightly out of fashion, but this one merits attention because of growth. Prefers over REITs. Shares are fairly valued but there is not much downside.

Distributes various types of fuels in the West. Had a bad quarter and the stock took quite a hit and has been working its way back. Good long-term run. Have expanded across the country. Good operators.

Yield is 5.8% and it is in a great business. Nice growth with good yield. It is painting a pretty good technical picture.

(A Top Pick August 23/13. Up 6.36%.) Has about a 5% dividend. Chart shows that the stock is forming an ascending triangle and is just beginning to break that. Feels that the next stop will be around $20.

Wanted to own this one before but missed the run-up in 2012. Chart shows a base building pattern for most of this year, which is positive. On a 6-month basis, it is a little bit oversold. Looks like it could come down to around $16.50, which would bring in a lot of buyers. 5.9% dividend yield.

Likes the story. Management intends to double their EBITDA. In a highly fragmented industry and they want to get to be about 10% of the industry and are currently at just over 5%.

Has been consolidating and the chart is showing a bit of an ascending triangle. His fundamental analyst in his office feels the fundamentals are good.

Good growth profile. Have gas stations all over Canada. This is more of a yield play. 6.08% dividend yield.

Good company and a decent yield. Have been growing the yield over time. Have expanded their business and have done what they said they were going to do and are successful at it.

Doesn’t know if this is such a buy right here. Had a big beat on their Q1 due to their Elbow River acquisition earlier in the year, but in terms of organic growth, commercial volume is actually down 6% year-over-year. They still haven’t replaced there Suncor contract that is falling off towards the end of this year. Payout ratio at 50% looks very low but, that could go a lot higher if their earnings come down.

Runs gas stations and convenience stores as part of their business but mainly distributors of fuel. Made some major acquisitions in Eastern Canada which has turned out quite all right. A tricky business because with the oil business up and down and depending on who is producing what, it can affect their markets. Good yield at 5.9%.