Added to YB: 2025-03-24
Pitch date: 2025-03-21
PKI.TO [bullish]
Parkland Corporation
+9.87%
current return
Author Info
No bio for this author
Company Info
Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally.
Market Cap
CAD 5.5B
Pitch Price
CAD 36.26
Price Target
65.00 (+63%)
Dividend
4.52%
EV/EBITDA
7.46
P/E
44.28
EV/Sales
0.42
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Parkland’s M&A Prospects: A Catalyst for Shareholder Value?
PKI.TO: Underperforming fuel retailer (35% vs peers) amid governance battle. Hidden value in complex structure: Retail 8.5x, Refining 5x, Commercial 4x EBITDA. May 2025 AGM catalyst: activists (22.4%) need 7.6% more votes. 56-75% upside potential via breakup/restructuring. M&A environment robust. Simpson Oil (19.9%) key player. Risks: M&A appetite, valuations, sale delays.
Read full article (2 min)