Parkland Corp
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Calgary-based fuel retailer Parkland Corp. lowers 2024 earnings forecast as consumer demand fallsThe company revised its guidance for adjusted earnings before interest, taxes, depreciation and amortization for the year to $1.9 billion, down from $2 billion.Money4 hours
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Activist investor calls for board overhaul at Parkland Corp. in wake of resignationsNew York-based activist investor Engine Capital LP said it doesn't believe Parkland's current board should be responsible for its own refreshment process.EconomyJan 22
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Parkland Corp.’s largest shareholder will no longer have voice on company’s boardParkland Corp.'s largest shareholder will no longer have a seat on the fuel retailer's board after the recent resignation of two board members.CanadaJan 4
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Parkland Corp.’s third quarter earnings double on strong refinery performanceFuel 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.CanadaNov 1, 2023
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Activist investor calls on Parkland to pay down debt and buy back sharesAn activist investor that pushed for changes at Parkland Corp. earlier this year is making new recommendations such as prioritizing share buybacks.EconomySep 26, 2023
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Parkland sees earnings rise 40 per cent in first quarter of 2023The 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.CanadaMay 3, 2023
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Following unaddressed concerns, activist investor puts more pressure on Parkland FuelParkland, which has not yet publicly responded to Engine's latest tactic, is set to hold its annual general meeting on May 4.EconomyApr 20, 2023
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Activist investor wants Parkland to sell or spin off Burnaby refineryA U.S. activist investor has set its sights on Calgary-based Parkland Corp., urging the fuel retailer to consider selling or spinning off its Burnaby, B.C., refinery.CanadaMar 22, 2023
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Parkland to double size of announced EV charging network in Western CanadaParkland Corp. is doubling the size of its previously announced electric vehicle charging network with a focus on British Columbia, which leads the country in EV adoption.ConsumerDec 2, 2022
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Parkland to partner with U.S.-based FreeWire on EV charging networkParkland Corp. says it has signed a deal with California-based EV charging technology company FreeWire.EnvironmentOct 25, 2022
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