Parkland Corporation is set to announce its first-quarter results for 2024 after market close on Wednesday, May 1, 2024. The company will then hold a conference call and webcast on Thursday, May 2, 2024, at 6:30 a.m. MT (8:30 a.m. ET) to discuss the results.
To listen to the live webcast and view the presentation, please use the following link: [Webcast Link].
Analysts and investors interested in participating in the question and answer session of the conference call can do so by calling 1-888-390-0546 (toll-free) (Conference ID: 10413873). International participants can call 1-800-389-0704 (toll-free) (Conference ID: 10413873).
Please connect and log in approximately 10 minutes before the start of the call. The webcast will be available to replay two hours after the conference call ends at the above link. It will remain available for one year and will also be posted on www.parkland.ca.
The financial statements and management’s discussion and analysis will be published on www.parkland.ca and www.sedarplus.ca after the results have been disclosed.
About Parkland Corporation
Parkland is an international fuel distributor, marketer, and convenience retailer with operations in 26 countries across the Americas. We serve over one million customers every day. Our retail network caters to the fuel and convenience needs of everyday consumers. Our commercial operations provide industrial fuels to businesses so they can better serve their customers. In addition to fulfilling our customers’ essential fuel needs, we provide a range of options to help them reduce their environmental impact. These include sourcing, manufacturing, and blending renewable fuels, carbon trading and renewables, solar energy, and ultra-fast electric vehicle charging. With approximately 4,000 retail and commercial locations in Canada, the United States, and the Caribbean region, we have built supply, distribution, and trading capabilities to drive growth and business performance.
Our strategy is focused on two pillars: our customer advantage and our supply advantage. Through our customer advantage, we aim to be our customers’ first choice by fostering loyalty through exclusive brands, differentiated offerings, our extensive network, competitive prices, reliable service, and our appealing loyalty program. Our supply advantage is built on achieving the lowest cost to serve among fuel marketers and independent distributors in the hard-to-reach markets in which we operate, through our well-positioned assets, significant scale, and deep supply and logistics capabilities. The foundation of our business is our people and our values of safety, integrity, community, and respect, which are deeply ingrained throughout our organization.
SOURCE Parkland Corporation
Parkland Corporation, an international fuel distributor and convenience retailer, is set to announce its first-quarter results for 2024. The company will hold a conference call and webcast to discuss the results on Thursday, May 2, 2024.
According to the information provided in the article, Parkland serves over one million customers every day and operates in 26 countries across the Americas. They have approximately 4,000 retail and commercial locations in Canada, the United States, and the Caribbean region.
It is important to note that the article does not provide specific details about the financial performance or forecasts for Parkland Corporation. Without this information, it is difficult to discuss current market trends or provide forecasts.
However, it is worth mentioning some key challenges and controversies associated with the fuel distribution industry. One challenge is the increasing demand for renewable and sustainable fuels. As customers become more conscious of their environmental impact, fuel distributors like Parkland Corporation may face pressure to source, manufacture, and blend renewable fuels. This trend towards sustainability could impact the company’s operations and profitability.
Another challenge is the volatility of fuel prices. Fluctuations in crude oil prices can significantly impact the profitability of fuel distributors. Parkland Corporation will need to navigate these market uncertainties to maintain a competitive advantage.
Advantages of Parkland Corporation include its extensive retail and commercial network, which allows them to serve a large customer base. Their well-positioned assets and deep supply and logistics capabilities also give them a supply advantage in hard-to-reach markets. Additionally, their focus on reducing environmental impact through initiatives such as carbon trading, renewables, and electric vehicle charging aligns with changing consumer preferences.
On the other hand, a disadvantage for Parkland Corporation could be the potential regulatory challenges associated with the fuel industry. Governments and regulatory bodies may impose stricter regulations on fuel distribution and consumption, which could impact the company’s operations and profitability.
Overall, Parkland Corporation is a fuel distributor and convenience retailer with a wide reach in the Americas. While specific financial details and forecasts are not provided in the article, it is worth considering the challenges and controversies associated with the industry such as sustainability and fuel price volatility.
Suggested related links:
– www.parkland.ca (official website of Parkland Corporation)
– www.sedarplus.ca (website for accessing financial documents filed by Canadian public companies)