
TSE:PKI
This summary was created by AI, based on 5 opinions in the last 12 months.
Experts have mixed but generally positive views on Parkland Fuel Corp (PKI-T). The company's acquisition by Sunoco is seen as a strategic move, especially in the current environment influenced by the US-Iran conflict, boosting margins and positioning. Despite some disappointment regarding the acquisition price, analysts suggest approaches such as tendering for cash to reassess the situation post-deal. With shares recently acquired and a solid dividend, some analysts anticipate steady performance moving into 2027, predicting a resurgence in value. The impending closing of the Suncor deal is viewed positively, supporting a price target of $41.50.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has been a laggard this year, but has been significantly impacted by covid. Their convenience store and gas exposure saw some issues. However, it remains cheap and continues to find ways to grow. The low valuation with growth along with a decent dividend makes this a hold for now. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The pandemic resulted in a large drawdown. However, the share price has now bounced back from the March 2020 bottom. The company has proven track record and has returned 18% annualized returns 2011-2021. Should continue to be a good long term hold. Unlock Premium - Try 5i Free
Acquiring gas stations, competing with ATD.B as a global player. The business has become more competitive, and the move to EVs is causing concern. The response is that they'll put charging stations in. Any decline will be long and slow. Solid company.
Company is subject to refining margins which have been negatively affected by flooding on BC coast. Good name to own if refining margins pickup. However, doesn't own stock and would not recommend buying it.