Superior Plus Corp (SPB.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Superior Plus Corp (SPB.TO)

8.38

-0.06 (0.71%)

as of Jun 5, 2026, 8:00:00 pm Market Open.

248 watching

Investor Insights

Jun 5, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Superior Plus Corp (SPB-T) operates primarily in the propane logistics space and has recently faced significant challenges, including a drastic 18% drop in share prices following disappointing earnings results. The company's dependency on weather patterns for propane, which is considered more volatile than natural gas, poses a risk due to seasonal pressures on margins. While there have been positive signals, such as a new data center contract in the US and recent acquisitions into compressed and renewable natural gas sectors, questions remain regarding management's credibility and the effectiveness of their efficiency programs. Despite the potential for growth in alternative energies, erratic earnings and long-term returns have left investors cautious, leading to a yield of approximately 2.5%. The general sentiment suggests that while the business provides some stability, it has struggled to deliver consistent shareholder value over time.

Consensus

Cautious

Valuation

Overvalued

Similar

ENB

DON'T BUY

18.3% yield so it is definitely paying out more than 100%. The market is basically saying they're going to have to cut the yield at some point.

DON'T BUY

Convertible debenture maturing 2017. Is company at risk in defaulting on interest payments? (Joey owns some senior debt because of better protection.) These have sold off rather sharply. Company just announced a cut in its dividend on common stock, which would save them money but company has been downgraded further into junk territory. Could fall further if there are poor business conditions for them.

COMMENT

Have just cut the dividend in half. Payout ratio of about 40%-45%. Would like the 10% payout if it is secure and the possibility of a lot of capital appreciation so he is going to do some number crunching.

HOLD

Stock is discounting a bad scenario regarding convertible dept and a stressed balance sheet. You are finding a bottom in the name. Does not think it will drop to zero.

COMMENT

Looked at this company years ago but never bought. Has done very well over all. Managed to sustain their high payout. Current yield is almost 20% and there are questions if it is sustainable. The high-yield is a dangerous sign.

HOLD

You will probably be alright. The issue is there are several business units, the dominant on of which is propane and has some seasonality with it. It just got thrown out with the bath water. Not a tremendous upside but you are OK on the dividend.

HOLD

There has been no good story on the 3 year chart. You have some support about 3 years ago. Don’t sell it and don’t average down. If it broke down with some volume by 3% by Friday, get out next week.

DON'T BUY

Doesn't own stocks but does own bonds. Like a lot of income trusts, they were so used to paying out high distributions they have trouble cutting back.. Paying out too much of their earnings and are rated below investment grade. Also exposed to US housing.

DON'T BUY

Propane, pulp chemicals and dry wall construction distribution. Last quarter was good with the cold winter. Feels their debt levels are too high. Regarding the dividend payout, it’s a higher risk.

COMMENT

Main business is propane and heating oil distribution in Canada and the US. Q1 earnings were pretty good but the balance sheet is still very stretched and payout ratio is higher than he likes. Yield of 10.5% is very good, but doesn’t expect much capital appreciation.

DON'T BUY

50-50 chance of dividend being secure. about 10%. Market suspects they can’t maintain it.

WAIT

15% dividend. Followed it on and off for years. It is not as juicy as it was previously because they cut their dividend. When a company cuts dividend, there is often more cuts, although not necessarily in this one. He would put this one in the watch camp.

DON'T BUY

Always has trouble with their model. Mish-mash mix of business such as propane, building materials, chemicals, etc. Could never understand the advantage of having that together. Doesn’t thinks the operational performance is there.

DON'T BUY

Leading propane and heating oil distributor in North America. A little cautious on this name. Has reduced guidance over a number of quarters. Payout ratio is over 100%. Questions if the dividend needs to be readjusted. About 13% yield.

HOLD

Doesn’t expect dividend to go up. It’s a matter of when the dividend will be cut. 14% yield is a warning right there.

Showing 106 to 120 of 285 entries

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Most Recent Experts

Brian Madden

First Avenue Investment Counsel

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Darren Sissons

Campbell Lee & Ross

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Joe Terranova

Virtus Investment Partners

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Superior Plus Corp (SPB.TO)