Overview
Parkland Q3 revenue of C$7.35 bln beats analyst expectations
Adjusted EBITDA for Q3 2025 beats estimates, reaching C$540 mln
Sunoco transaction expected to close on October 31, 2025
Outlook
Parkland on track to meet midpoint of 2025 Adjusted EBITDA guidance of C$1.8 to C$2.1 bln
Parkland shares to be delisted from TSX; SunocoCorp Units to trade on NYSE Nov 3
Result Drivers
REFINING MARGINS - Higher refining margins and strong utilization at Burnaby Refinery boosted results
CANADA SEGMENT - Stronger fuel unit margins and marketing initiatives in Canada drove growth
INTERNATIONAL GROWTH - Volume growth in retail and commercial businesses supported International segment
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | C$7.35 bln | C$7.01 bln (3 Analysts) |
Q3 EPS | C$0.73 | ||
Q3 Adjusted Net Income | Beat | C$180 mln | C$119.985 mln (1 Analyst) |
Q3 Net Income | C$129 mln | ||
Q3 Adjusted EBITDA | Beat | C$540 mln | C$493.4 mln (8 Analysts) |
Q3 Basic EPS | C$0.74 |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the oil & gas refining and marketing peer group is "hold."
Wall Street's median 12-month price target for Parkland Corp is C$44.00, about 7.6% above its October 24 closing price of C$40.65
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nCNWt28jfa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)