Parkland Corporation (PKIUF) Research

Parkland Corporation is a leading operator of convenience stores and food outlets across Canada, the United States, the Caribbean, and Central and South America. Its operations are structured into four key segments: Canada, USA, Supply, and International. Parkland's Canadian segment oversees an extensive, national network of retail convenience stores, food establishments, and fuel stations. It also includes commercial cardlocks and bulk fuel facilities, delivering essential services like propane, heating oil, and lubricants to a diverse range of commercial, industrial, and residential clients. The company runs 1,812 retail gasoline stations under prominent brands such as Ultramar, Esso, Fas Gas Plus, Chevron, and Pioneer, complemented by the On the Run convenience store brand. Additionally, this division supplies bulk fuel, both cylinder-exchange and bulk propane, heating oil, and lubricants to critical industries including oil and gas, construction, mining, forestry, fishing, and transportation, leveraging brands like Ultramar, Bluewave Energy, Pipeline Commercial, Chevron, Columbia Fuels, and Sparlings Propane. Globally, the International segment manages retail service stations under the Esso, Shell, and Sol banners. It is also a supplier of gasoline, diesel, fuel oil, propane, and lubricants, and distinctively provides commercial solar and other renewable energy solutions. The USA segment operates a network of gas stations and distributes bulk fuel, lubricants, and related products and services under the Rhinehart Oil, Farstad Oil, Conrad & Bischoff, Tropic Oil, and NFN National Fuel Network brands. The Supply segment is engaged in manufacturing transportation fuels, overseeing the transportation, storage, and marketing of fuels, crude oil, and liquid petroleum gases, and also produces and sells aviation fuel to airlines. Founded in 1977 and headquartered in Calgary, Canada, the company was previously named Parkland Fuel Corporation, changing to Parkland Corporation in May 2020.

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