Parkland Fuel Corp | StockChase
214
Parkland Fuel Corp (PKI-T)

Last Price Recorded: $25.4800 on 2017-11-17

ON STOCKCHASE SINCE Oct 2002

merchandising/lodging

Parkland Fuel Corp


Signal Opinion Expert

2017-11-02

BUY
Parkland Fuel Corp (PKI-T)

Since their acquisition and their deal with ATD.B-T, when it got below $25 it seemed pretty interesting.  He owns the corporate bond which pays quite well.  The acquisition is an accretive deal.

merchandising/lodging
Bruce Campbell (1)

President, Campbell and Lee InvMngmnt

Price: $25.350
Owned: Yes

2017-10-23

WATCH
Parkland Fuel Corp (PKI-T)

Everyone is doing the same thing and waiting to see what gets sold.  He is not in the sector.  This has been a pretty good sector and they have managed the company pretty well.  You have to see what they are going to lighten up on and what they are going to add to.

merchandising/lodging
Rick Stuchberry

Portfolio Manager, Richardson GMP

Price: $24.410
Owned: No

2017-10-20

HOLD
Parkland Fuel Corp (PKI-T)

Doesn’t know why it’s down, but looks like a pretty good entry point. Made an acquisition earlier in the year, buying assets from Alimentation Couche-Tard (ATD.B-T). It might be a misunderstanding of being affected by lower energy prices, which they are not. It is down to an attractive level. He owns the bonds.

merchandising/lodging
Bruce Campbell (1)

President, Campbell and Lee InvMngmnt

Price: $23.650
Owned: Yes

2017-10-19

HOLD
Parkland Fuel Corp (PKI-T)

It has been quite weak.  There has been sector rotation and concern about refinery margins.  They have done nothing wrong.  They made a good acquisition. 

merchandising/lodging
Peter Hodson

CEO & Head of Research, 5i Research Inc.

Price: $24.360
Owned: Unknown

2017-10-18

DON'T BUY
Parkland Fuel Corp (PKI-T)

A gas station operator.  They recently bought odds and end of CST brands.  They struck a sweetheart deal on assets that ATD.B-T has to cast off because of competition bureau reasons.  PKI-T is quite expensive compared to their profitability. 

merchandising/lodging
Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment Council

Price: $24.710
Owned: Unknown

2017-09-27

BUY
Parkland Fuel Corp (PKI-T)

Recently weakened following its 2 major acquisitions. A growth by acquisition company. Recently acquired Ultramar in eastern Canada and Chevron’s Canadian refinery and gas station business in Western Canada. It has become a “show me” stock, and is a great, long term buying opportunity. Dividend yield of 4.4%.

merchandising/lodging
Norman Levine

Managing Director, Portfolio Management Corp

Price: $25.910
Owned: Yes

2017-09-14

COMMENT
Parkland Fuel Corp (PKI-T)

This has been growing over the last few years. He has it on his radar screen.

merchandising/lodging
Bruce Campbell (2)

President & Portfolio Manager, Stone Castle Investment Management Inc.

Price: $26.750
Owned: No

2017-08-23

BUY on WEAKNESS
Parkland Fuel Corp (PKI-T)

It did quite well and came off more recently because of the whole energy space.  They also made significant acquisitions and they have to get through that.  They increased the dividend over time.  He is watching it and if it went down further he would be interested in buying it.

merchandising/lodging
Douglas Kee

Chief Investment Officer, Leon Frazer & Associates

Price: $25.360
Owned: No

2017-08-22

PAST TOP PICK
Parkland Fuel Corp (PKI-T)

(Top Pick Nov 2/16, Down 15.89%)  It is just the sector right now.  They are a great company.  Nothing to worry about.

merchandising/lodging
Peter Hodson

CEO & Head of Research, 5i Research Inc.

Price: $25.140
Owned: No

2017-08-11

HOLD
Parkland Fuel Corp (PKI-T)

Sold his position when he was concerned that their acquisitions were pretty big bites, creating a lot of debt. However, the company is well-run. He likes their business. A well-run company. He is watching this. Dividend yield of about 4.5%.

merchandising/lodging
David Cockfield

Managing Director, Northland Wealth Management

Price: $25.700
Owned: No

2017-07-21

COMMENT
Parkland Fuel Corp (PKI-T)

He likes this company. Extremely well-run. They just completed the acquisition of the BC assets of Chevron. Have grown very smartly through acquisitions. He doesn’t own this currently because he would sooner be paying in the low $20s rather than the high $20s.

merchandising/lodging
Michael Sprung

President, Sprung Investment Management

Price: $27.830
Owned: No

2017-06-16

PAST TOP PICK
Parkland Fuel Corp (PKI-T)

(A Top Pick June 17/16. Up 42%.) Fuel distribution across Canada with a bit in the US. They are in the propane distribution business and home heating fuel business, and have recently just bought a refinery. They have even more room to grow, because there are a lot of urban markets that they are not in yet. Still a Buy.

merchandising/lodging
Norman Levine

Managing Director, Portfolio Management Corp

Price: $30.310
Owned: Yes

2017-06-07

HOLD
Parkland Fuel Corp (PKI-T)

This has been a good growth play. They have a leading market position. Have done very well with the acquisitions they have made. Feels this has a relatively good outlook from here. Trading at almost 45X forward earnings, which is pretty rich. Dividend growth continues.

merchandising/lodging
Michael Sprung

President, Sprung Investment Management

Price: $29.880
Owned: Yes

2017-05-18

COMMENT
Parkland Fuel Corp (PKI-T)

This has grown like Topsy. He likes the way they picked up various gas stations from different sellers. Feels that they have good, long term growth prospects. With the situation in Alberta, he sold his holdings, but this company skated right through that. A good, long term growth company.

merchandising/lodging
David Cockfield

Managing Director, Northland Wealth Management

Price: $30.650
Owned: No

2017-05-16

COMMENT
Parkland Fuel Corp (PKI-T)

This is an operator delivering gasoline to retailers and corporations. A well-run company if you want a position in this space.

merchandising/lodging
Christine Poole

CEO & Managing Director, GlobeInvest Capital Management

Price: $31.500
Owned: No

2017-05-02

COMMENT
Parkland Fuel Corp (PKI-T)

This has been a good stock. They are money makers, but it is not exactly a big growth space. The absolute number of gas stations is shrinking both in Canada and the US. After their most recent acquisition, this company will not be able to grow in Canada any more. It will probably turn into more of an income vehicle at this stage.

merchandising/lodging
Daniel Lloyd

Founder & Portfolio Manager, Sui Generis Investment Partners

Price: $29.770
Owned: No

2017-05-01

BUY
Parkland Fuel Corp (PKI-T)

He has been a long term holder for 15 years.  He still buys for new clients.  It is a different kind of stock because it grows by acquisition.  They distribute fuel at the retail and commercial levels.  They have recently been a big acquirer.  They are buying the Canadian assets of CST, Pioneer, and Chevron Canada.  This is a highly leveraged company, but uses it well.  They raise their dividend every year. 

merchandising/lodging
Norman Levine

Managing Director, Portfolio Management Corp

Price: $29.640
Owned: Yes

2017-04-18

COMMENT
Parkland Fuel Corp (PKI-T)

Shares have been halted in that they are going to purchase Chevron’s Canadian assets. Chevron (CVX-N) has been a consistently really good operator. Overall that is probably a good thing. Parkland has been a good company for many years and has been a good dividend paying company.

merchandising/lodging
John Stephenson

President & CEO, Stephenson & Company Capital Management

Price: $28.860
Owned: Unknown

2017-03-23

TOP PICK
Parkland Fuel Corp (PKI-T)

Big in the gas station business with some wholesale and commercial businesses as well as propane distribution.  They are going to buy CST assets in Eastern Canada.  There is room for a lot more acquisitions.  It has now broken out.  They raise their dividend modestly on a regular basis.  (Analysts’ target: $32.25).

merchandising/lodging
Norman Levine

Managing Director, Portfolio Management Corp

Price: $28.990
Owned: Yes

2017-02-10

BUY
Parkland Fuel Corp (PKI-T)

(Market Call Minute.) Bought a massive expansion of a gasoline infrastructure in the US, which is really going to drive their earnings forward.

merchandising/lodging
Craig Porter

Senior Portfolio Manager, LOGiQ Asset Management

Price: $27.530
Owned: Yes

2017-01-18

BUY on WEAKNESS
Parkland Fuel Corp (PKI-T)

Just made some great acquisitions, so their balance sheet is a little bit bloated. He sees really strong earnings growth because of their acquisitions, 30% over the next couple of years. 90% payout ratio which continues to come down. It is expensive at these levels.

merchandising/lodging
Greg Newman

Director & Portfolio Manager, Scotia Wealth Management

Price: $27.360
Owned: Unknown

2017-01-11

HOLD
Parkland Fuel Corp (PKI-T)

Gas station and convenience stores operator. Its primary base has been in Western Canada, but are on the verge of a transformational deal. Alimentation Couche-Tard (ATD.B-T) is making a $4.5 billion acquisition of CST Brands (CST-N), and in order to allay the fears of the competition Bureau, Parkland is going to be buying a few hundred of the CST Brands Canadian stores. It looks like it is going to be about 13% accretive to earnings. His preferred way of playing convenience stores remains Alimentation Couche-Tard as it is larger and more geographically diverse with a better and more established management team. If you own this, he would Sell above $30. In the mid-$20, it looks more compelling. (See Top Picks)

merchandising/lodging
Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment Council

Price: $28.010
Owned: Unknown

2017-01-09

SELL
Parkland Fuel Corp (PKI-T)

He is short.  Fuel retailing without refining margin is not a great business.  He believes fuel volumes will decline.  With their last few acquisitions they moved into more urbanized regions and they took on a lot of debt. 

merchandising/lodging
Daniel Lloyd

Founder & Portfolio Manager, Sui Generis Investment Partners

Price: $28.100
Owned: Yes

2016-12-30

PAST TOP PICK
Parkland Fuel Corp (PKI-T)

(A Top Pick Nov 14/16. Up 4.85%.) This has a 4% dividend, and he wouldn’t normally buy for his equity platform, but recently took a position because it seems to have broken out of a bit of a base. Even though it is an income stock, he feels it has a little bit of upside. He will probably sell it, but in the meantime, will earn a bit of a dividend.

merchandising/lodging
Keith Richards

Portfolio Manager, ValueTrend Wealth Management

Price: $28.130
Owned: Yes

2016-12-07

WEAK BUY
Parkland Fuel Corp (PKI-T)

He prefers ATD.B-T.  PKI-T will benefit from a deal ATD.B-T.  It is not his favourite.

merchandising/lodging
Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment Council

Price: $27.360
Owned: No

2016-11-14

TOP PICK
Parkland Fuel Corp (PKI-T)

A longer term pick: it was going sideways forever.  It broke out and pulled back to the neckline ($28).  You will collect a 4.1% dividend.  Investment time horizon is one year or longer.  (Analysts’ Target: $32.03).

merchandising/lodging
Keith Richards

Portfolio Manager, ValueTrend Wealth Management

Price: $27.010
Owned: Yes

2016-11-08

COMMENT
Parkland Fuel Corp (PKI-T)

This has been a great stock for his clients. Feels that it has a great future. It has grown by acquisition, mostly in the retail gasoline business. Earlier this year they bought Pioneer Fuels. Had a new stock issue, and he thinks it got ahead of itself with that. Feels it is still going to be good in the future.

merchandising/lodging
Norman Levine

Managing Director, Portfolio Management Corp

Price: $28.540
Owned: Yes

2016-11-07

SELL
Parkland Fuel Corp (PKI-T)

It is only going to earn $0.82 and they are paying out $1.13.  They can’t keep up with the dividend.  He expects $22 or $17.80, so exit the position.

merchandising/lodging
Brian Acker, CA

Chief Executive Officer, President and Chief Inves, Acker Finley Inc.

Price: $28.500
Owned: Unknown

2016-11-04

BUY on WEAKNESS
Parkland Fuel Corp (PKI-T)

This has made some major acquisitions recently. They have been big acquisitions in terms of the number of storefronts, fuel depots and propane distributions. He is not surprised that the stock has been held back a little. If he saw it pull back to the $25 level, that would be an entry point.

merchandising/lodging
Michael Sprung

President, Sprung Investment Management

Price: $29.210
Owned: Yes

2016-11-02

TOP PICK
Parkland Fuel Corp (PKI-T)

Couche Tard bought CFP for multibillion dollars, and Parkland is buying their Canadian operations, so they are expanding their presence in Eastern Canada to match Western Canada. They are driving down costs and margins are going up. Not a cheap stock, but it consistently performs with a consistent cash flow. Dividend yield of 3.66%.

merchandising/lodging
Peter Hodson

CEO & Head of Research, 5i Research Inc.

Price: $30.710
Owned: No

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1 Comment

hitch

August 14th 2017 at 5:50pm

I was reviewing TD’s Action Buy List and they put PKI on the list in the last few days. Interesting thinking I recall was the writer said they couldn’t understand the 20% drop in the share value


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