Sector: Utilities | Industry: Natural Gas Utilities |
Company Contact | |
Address: | 401-200 Wellington St W TORONTO ON M5V 3C7 |
Tel: | 1-416-3406006 |
Website: | https://www.superiorplus.com |
IR: | See website |
Key People | ||
Allan A. Macdonald President, Chief Executive Officer, Director | Grier Colter Chief Financial Officer, Executive Vice President | Rick Carron President, Superior Propane |
Kirsten Olsen Chief Human Resource Officer | Curtis Philippon Executive Vice President, President - Certarus | Darren Bart Hribar Chief Legal Officer, Senior Vice President |
Shawn Bradley Vammen Senior Vice President - Superior Gas Liquids | Ash Rajendra Chief Information Officer, Vice President | Natasha Cherednichenko Chief Operating Officer, Certarus |
Business Overview |
Superior Plus Corp. is a Canada-based company, which is a distributor and marketer of propane and distillates and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane), and Certarus Ltd. The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States, as well as the Midwest and California to residential and commercial customers. The Canadian Propane segment includes the Canadian retail propane distribution business and the wholesale natural gas liquid marketing businesses. The Wholesale Propane segment is a distributor and marketer of propane gas and other natural gas liquids. |
Financial Overview |
For the three months ended 31 March 2024, Superior Plus Corp revenues decreased 3% to C$897.7M. Net income decreased 23% to C$80.5M. Revenues reflect U.S Propane Distribution segment decrease of 15% to C$430.9M, Wholesale Propane segment decrease of 26% to C$150.7M, United States segment decrease of 6% to C$678.3M. Net income also reflects FV/Uls Adjust on Derivatives for Hedging increase from C$29.3M (income) to C$5.6M (expense). |
Employees: | 4,620 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $4,176M as of Mar 31, 2024 |
Annual revenue (TTM): | $2,996M as of Mar 31, 2024 |
EBITDA (TTM): | $534.30M as of Mar 31, 2024 |
Net annual income (TTM): | -$8.60M as of Mar 31, 2024 |
Free cash flow (TTM): | $56.30M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $1,757M as of Mar 31, 2024 |
Shares outstanding: | 248,600,000 as of Mar 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |