BUY
Parkland Fuel Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

EPS of $0.64 beat estimates of $0.2553 and revenues of $8.16B missed expectations of $8.22B. Sales grew by 7% for the year, driven by large advancements in its International segment. Net profit margins expanded slightly from the previous quarter, and it generated $201M in free cash flows, which were mostly used for repaying debt and paying dividends. Management is confident that it can achieve $2B in Adjusted EBITDA by 2025 without additional acquisitions and while reducing leverage. These were good results and the market is reacting well so far. 
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merchandising / lodging
COMMENT
Parkland Fuel Corp

They have a junk debt rating. But is well-run, trades around 11-12x PE, and pays over a 4% dividend. Are positioned well in their markets and have been  making smart purchases over the years. Now, he'd like them to pause that, grow organically, pay down debt and raise margins.

merchandising / lodging
DON'T BUY
Parkland Fuel Corp
vs. ATD

They're different, because ATD is retail and convenience stores, whereas PKI that's only half their business, as well as selling energy products to companies and their BC refinery (25% of their business). Also, different analysts cover each company. The refineries tend to get a lower PE and are less ESG-friendly, and are in a heavier-asset industry. Is less stable than ATD. ATD also has Circle K's not necessarily attached to their gas stations, whereas they are attached under PKI. PKI's balance sheet is more leveraged, too. She owns neither company.

merchandising / lodging
PARTIAL BUY
Parkland Fuel Corp

A bellweather stock. Is climbing above $31 resistance now. Chart shows a nice trend since November. Stick with it or buy a half-position to enter.

merchandising / lodging
BUY ON WEAKNESS
Parkland Fuel Corp

Stock tends to peak and trough at the same place over a long time. Hasn't hit the dead bottom yet. If you own, don't sell. Happy to buy if it got just a bit cheaper, when it would be a real steal.

merchandising / lodging
HOLD
Parkland Fuel Corp

Increased dividend 5% recently.
$40 million in buybacks planned.
Leverage high and is putting pressure on the stock.
No catalyst for a higher share price with flat growth.
Better places to allocate capital to.

merchandising / lodging
BUY
Parkland Fuel Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. I Diversification through convenience stores. Not as affected by oil prices as others. Tuck-in acquisitions accretive.
merchandising / lodging
BUY
Parkland Fuel Corp
A decent long-term stock. Has rebounded in recent weeks. PKI and the sector boast solid fundamentals, and is definitely one to own going into 2023. They are doubling their EV-charging network in western Canada, which he likes, since green energy is a long-term trend.
merchandising / lodging
DON'T BUY
Parkland Fuel Corp
Impressed with its acquisitions. Got back into refining, which is highly volatile, a headache on margins. Debt load is an extra risk right now. Does better when energy names like SU are not as attractive as they are now.
merchandising / lodging
WAIT
Parkland Fuel Corp
Successful serial acquirer. Tarred with same brush as non-investment grade, growth-by-acquisition stories. When refinancing, bonds cost more. He owns ATD, a better operator, more globally diversified, better in-store merchandising. There will be a time to nibble, but not now.
merchandising / lodging
SELL
Parkland Fuel Corp
He's reduced his position significantly, probably should have reduced it completely. Lost its focus. ATD, for example, focuses on convenience stores, without ups and downs of the refinery business. Investors like pure play companies.
merchandising / lodging
WAIT
Parkland Fuel Corp
Entry level price? He hasn't had a chance to review this morning's earnings news. Do that before jumping in. Well run. Broadly similar to ATD, but owns refining as well and it's excellent. Good job rolling up gas stations and stores. Cheaper than ATD.
merchandising / lodging
BUY
Parkland Fuel Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Beat expectations last quarter. Aided by strong distribution network. Acquisitions to remain primary growth driver. Trades at discount to history and peers.
merchandising / lodging
Unspecified
Parkland Fuel Corp
The question was on the future of gas stations with the increasing number of EV's. He owns some Alimentation Couche-Tard. He also owns and prefers Parkland Fuels. They bought M&M's Meat Shops and are trying to make the gas station a destination where people can go to pick up food items etc. The changes coming to gas stations will not happen overnight and as EV stations, people will have to pay to charge their cars.
merchandising / lodging
WATCH
Parkland Fuel Corp
Parkland vs. Chartwell He's been looking at both. PKI just finished buying their Caribbean business; their fuel distribution chain continues to grow. PKI and ATD could see PE expansion. CSH is completely different, but this is stable and boasts demand. Same with PKI. CSH's shares have been struggling post-Covid, but this could be a long-term secular opportunity. CSH faces labour and inflation challenges. Both are interesting.
merchandising / lodging
Showing 1 to 15 of 334 entries

Parkland Fuel Corp(PKI-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 11

Stockchase rating for Parkland Fuel Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Parkland Fuel Corp(PKI-T) Frequently Asked Questions

What is Parkland Fuel Corp stock symbol?

Parkland Fuel Corp is a Canadian stock, trading under the symbol PKI-T on the Toronto Stock Exchange (PKI-CT). It is usually referred to as TSX:PKI or PKI-T

Is Parkland Fuel Corp a buy or a sell?

In the last year, 11 stock analysts published opinions about PKI-T. 7 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Parkland Fuel Corp.

Is Parkland Fuel Corp a good investment or a top pick?

Parkland Fuel Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Parkland Fuel Corp.

Why is Parkland Fuel Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Parkland Fuel Corp worth watching?

11 stock analysts on Stockchase covered Parkland Fuel Corp In the last year. It is a trending stock that is worth watching.

What is Parkland Fuel Corp stock price?

On 2023-06-02, Parkland Fuel Corp (PKI-T) stock closed at a price of $34.4.