PKI 📈 Parkland Fuel - Overview

Parkland Corporation is a diversified energy company that operates an extensive network of retail gas stations, convenience stores, and food locations across Canada, the United States, and internationally. The company's Canadian segment is a dominant player in the country's energy market, with a coast-to-coast network of retail gas stations, electronic vehicle charging stations, and frozen food retail locations. This segment also provides a range of services, including bulk fuel, propane, heating oil, lubricants, and other related products to commercial, industrial, and residential customers. Additionally, Parkland Corporation transports and distributes fuel through various modes of transportation, including ships, rail, and highway carriers, and stores fuel in terminals and other owned and leased facilities.

The company's Canadian segment operates under several well-known brand names, including M&M Food Market, On the Run / Marché Express, Ultramar, Esso, Chevron, Pioneer, Fas Gas Plus, Bluewave Energy, Pipeline Commercial, Columbia Fuels, and Sparlings Propane. These brands offer a range of products and services, from fuel and convenience items to food and other retail products. Parkland Corporation is also engaged in low-carbon activities, reflecting its commitment to reducing its environmental footprint and transitioning to a more sustainable energy future. The company's international segment operates retail service stations under various brand names, including Sol, Esso, Mobil, Shell, and Texaco, and sells refined crude oil to commercial, industrial, and aviation businesses.

In the United States, Parkland Corporation operates a network of retail fuel and convenience stores under brands such as On the Run, Arco, Cenex, Chevron, Conoco, and Exxon. The company also operates cardlocks under various brands, providing fuel and other products to commercial and wholesale customers. Parkland Corporation's USA segment delivers fuel, lubricants, and other related products to its customers, and operates terminals, storage facilities, and trucks to support its network. The company contracts with pipeline, storage facilities, and third-party carriers to ensure the efficient transportation and delivery of its products. The Refining segment of Parkland Corporation refines fuel products, such as gasoline, diesel, and jet fuel, and co-processes bio-feedstocks to produce low-carbon-intensity fuels.

Parkland Corporation has a long history, dating back to 1977, and is headquartered in Calgary, Canada. The company has undergone significant changes over the years, including a name change from Parkland Fuel Corporation to Parkland Corporation in May 2020. Today, Parkland Corporation is a leading energy company with a diverse range of operations and a commitment to sustainability and customer service. With a strong presence in Canada, the United States, and internationally, the company is well-positioned for continued growth and success in the energy market. For more information, visit the company's website at https://www.parkland.ca. Parkland Corporation's common stock is listed under the ISIN CA70137W1086 and is classified under the GICS Sub Industry: Other Specialty Retail.