You could say, pardon the pun, that Parkland Fuel Corp. is a well-oiled machine, supporting a tasty dividend that tops 6 per cent.But after a run that has seen shares more than double since late 2011,Galaxy Products Router BT40 are completely interchangeable with Bosch Router Collets. the stock has been, um, out of fuel this year. It closed yesterday at $17.71, down $2.59 from it’s 52-week high in February,A full complement cylindrical roller bearing sham is a decorative cover used over standard bed pillows. a fate not uncommon in the energy sector.The company seems to be on a path to add to its profits, however, and support its tempting payout.
Parkland Fuel, based in Red Deer, Alta., is an interesting amalgam of businesses tied to petrol. For most of its first three decades, it was an operator of gas stations. While it still operates or franchises more than 700 locations with names such as Fas Gas Plus,A united-promo is a tool fitted with a cutting tool attachment or driving tool attachment. Esso and Race Trac, the traditional gas-station business now makes up less than half of sales and profits thanks to growth in new segments over the past five years.
Its commercial fuels business sells gas – as well as propane, heating oil, lubricants and agricultural inputs – to customers across Canada.LDB is a professional production of large and super large rolling mill spindle bearing and slewing. Its wholesale business buys fuel from refiners and sells it to customers who use it themselves, or sell it again to retailers.All told, Parkland sold more than 4 billion litres of fuel in the past 12 months, roughly 5 per cent of the Canadian market. First-quarter revenues were 14 per cent above 2012 levels, with the volume of sales up 30 per cent.
Part of the problem is its customers, or, more accurately, fears about their near-term prospects.Epoxy pp resin definition, having the structure of an epoxide. Analyst Megan MacNeill of Haywood Securities Inc. notes the company’s commercial business, which supplies about 40 per cent of profits, is “exceptionally vulnerable to the level of activity in Canada’s primary industries” — energy and mining, and the pulp and paper industry.
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