Parkland Corp

• Parkland Corp. names 2 new directors as activist investor demands board shakeup

  Parkland announced earlier this month that it would formally review ways to boost shareholder returns

  Money

  Mar 18
  
• Parkland Corp. shareholder demands board shakeup as fuel refiner and retailer weighs sale

  In announcing its strategic review on March 5, Parkland said it would invite Simpson Oil to rejoin its board and take part in a committee reviewing options to boost share price.

  Money

  Mar 17
  
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• Parkland Corp. produces first batch of low carbon jet fuel made in Canada

  Fuel retailer Parkland Corp. said Tuesday it has successfully produced about 100,000 litres of the fuel at its refinery in Burnaby, B.C. "using existing infrastructure."

  Economy

  Dec 11, 2024
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• Global refinery market weakness hits Parkland Corp.’s Burnaby facility

  The Calgary-headquartered company is experiencing similar challenges to refiners worldwide.

  Economy

  Oct 31, 2024
• Calgary-based fuel retailer Parkland Corp. lowers 2024 earnings forecast as consumer demand falls

  The company revised its guidance for adjusted earnings before interest, taxes, depreciation and amortization for the year to $1.9 billion, down from $2 billion.

  Money

  Aug 1, 2024
• Activist investor calls for board overhaul at Parkland Corp. in wake of resignations

  New York-based activist investor Engine Capital LP said it doesn't believe Parkland's current board should be responsible for its own refreshment process.

  Economy

  Jan 22, 2024
• Parkland Corp.’s largest shareholder will no longer have voice on company’s board

  Parkland Corp.'s largest shareholder will no longer have a seat on the fuel retailer's board after the recent resignation of two board members.

  Canada

  Jan 4, 2024
• Parkland Corp.’s third quarter earnings double on strong refinery performance

  Fuel retailer Parkland Corp. says its third-quarter earnings more than doubled in 2023 thanks to favourable market conditions and ongoing efforts to optimize its Burnaby refinery.

  Canada

  Nov 1, 2023
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• Activist investor calls on Parkland to pay down debt and buy back shares

  An activist investor that pushed for changes at Parkland Corp. earlier this year is making new recommendations such as prioritizing share buybacks.

  Economy

  Sep 26, 2023
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• Parkland sees earnings rise 40 per cent in first quarter of 2023

  The company says unseasonably warm weather lowered commercial volumes in Canada, while the international market saw a boost from a variety of factors including additional volumes.

  Canada

  May 3, 2023