Professional
Added to YB: 2024-11-25
Pitch date: 2024-11-22
PKI.TO [bullish]
Parkland Corporation
+21.91%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally.
Market Cap
CAD 5.5B
Pitch Price
CAD 32.68
Price Target
N/A
Dividend
4.52%
EV/EBITDA
7.46
P/E
44.28
EV/Sales
0.42
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Year-end TSX market dredge opportunities - Parkland Corporation
PKI.TO: Refining rebound play w/ Vancouver's main refinery. Underperformed due to weak margins & rejected M&A offer. Activist potential, consumer macro recovery upside. Below historical multiple, 4% yield, buybacks. EV charging investments. Insiders buying. Risks: tax loss selling. Consider adding on weakness.
Read full article (2 min)