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Superior Plus Corp. distributes propane, compressed natural gas, renewable energy, and related products and services to approximately 936,500 customers in the United States and Canada. It operates in three segments: U.S. Propane Distribution (U.S. Propane), Canadian Propane Distribution (Canadian Propane), and Compressed Natural Gas Distribution (CNG). The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States, California, and the Midwest. Its Canadian Propane segment distributes propane gas and liquid fuels across Canada. The CNG segment transports and sells compressed natural gas, renewable natural gas, and hydrogen. The company serves the commercial, residential, and industrial markets. Superior Plus Corp. was incorporated in 1989 and is based in Toronto, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Superior Plus Corp is a Canadian energy and specialty chemicals company that distributes propane and supplies industrial chemicals to North American customers through storage, distribution and manufacturing assets. Long-term growth could be supported by steady residential and commercial propane demand, scale in wholesale distribution and ongoing industrial consumption of pulp and paper chemicals, making it attractive for asset-backed, contracting-oriented cash flows.
Key risks include weather-driven and cyclical demand and price volatility, regulatory and environmental exposure for chemical and storage operations, and execution or leverage risks from capital-intensive assets.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 129.53M | 21.51M | 85.23M | -124.90M | 22.90M |
| Minority interest | -18.90M | -18.90M | -19.15M | -24.60M | -23.80M |
| Net income | 61.86M | -35.03M | 38.85M | -87.90M | 17.20M |
| Selling general administrative | 839.10M | 824.40M | 756.50M | 548.20M | 426.40M |
| Selling and marketing expenses | - | - | 171.60M | 179.80M | 141.70M |
| Gross profit | 1059.33M | 972.74M | 965.10M | 1189.80M | 912.70M |
| Reconciled depreciation | 256.50M | 262.60M | 249.59M | 238.90M | 201.10M |
| Ebit | 205.54M | 122.81M | 179.27M | 182.30M | 117.10M |
| Ebitda | 466.53M | 372.80M | 428.57M | 421.20M | 318.20M |
| Depreciation and amortization | 260.99M | 249.99M | 249.29M | 238.90M | 201.10M |
| Operating income | 205.54M | 184.11M | 205.02M | 182.30M | 117.10M |
| Other operating expenses | 2298.14M | 2083.80M | 2320.07M | 3194.80M | 2256.70M |
| Interest expense | 94.83M | 101.80M | 92.27M | 88.90M | 77.60M |
| Tax provision | 47.60M | 40.50M | 27.29M | -37.00M | 5.70M |
| Interest income | - | - | - | - | 5.30M |
| Net interest income | -93.20M | -106.40M | -94.15M | -91.60M | -96.40M |
| Extraordinary items | - | - | - | 0.00M | 189.50M |
| Income tax expense | 48.43M | 38.56M | 27.26M | -37.00M | 5.70M |
| Total revenue | 2503.67M | 2267.92M | 2525.09M | 3379.80M | 2392.60M |
| Total operating expenses | 853.79M | 788.63M | 760.08M | 1004.80M | 776.80M |
| Cost of revenue | 1444.35M | 1295.18M | 1559.99M | 2190.00M | 1479.90M |
| Total other income expense net | -76.01M | -162.60M | -119.79M | -307.20M | -94.20M |
| Discontinued operations | - | - | - | - | 189.50M |
| Net income from continuing ops | 79.70M | -17.90M | 58.04M | -87.90M | 17.20M |
| Net income applicable to common shares | 60.80M | -36.80M | 38.70M | -112.50M | 182.90M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 3581.17M | 3686.50M | 5174.10M | 4476.90M | 3560.40M |
| Intangible assets | 307.84M | 372.00M | 638.50M | 560.60M | 440.90M |
| Other current assets | 65.58M | - | 71.30M | 110.20M | 52.80M |
| Total liab | 2516.11M | 2540.70M | 3403.20M | 3016.40M | 2248.20M |
| Total stockholder equity | 805.53M | 885.80M | 1426.60M | 1108.10M | 983.60M |
| Other current liab | 158.71M | 20.20M | 203.20M | 222.80M | 161.40M |
| Common stock | 2442.55M | - | 3094.70M | 2616.70M | 2349.10M |
| Capital stock | 2447.00M | 2625.60M | 3094.70M | 2616.70M | 2350.30M |
| Retained earnings | -1619.25M | -1732.70M | -1786.40M | -1669.50M | -1419.50M |
| Other liab | - | - | - | 192.60M | 138.40M |
| Good will | 1419.41M | 1404.40M | 1911.10M | 1656.60M | 1319.60M |
| Other assets | 10.30M | - | - | 39.20M | 157.10M |
| Cash | 23.76M | 17.10M | 40.70M | 58.40M | 28.40M |
| Cash and equivalents | 23.80M | - | - | 58.40M | 28.40M |
| Total current liabilities | 490.61M | 530.50M | 754.60M | 736.80M | 535.30M |
| Current deferred revenue | 21.26M | - | 24.50M | 25.00M | 20.60M |
| Net debt | 1942.46M | 1686.70M | 2441.10M | 2090.70M | 1602.40M |
| Short term debt | 50.11M | - | 74.80M | 62.10M | 56.30M |
| Short long term debt | 5.20M | 7.20M | 11.30M | 14.80M | 11.40M |
| Short long term debt total | 1966.22M | - | 2481.80M | 2149.10M | 1630.80M |
| Other stockholder equity | 1.20M | - | 1.20M | 1.20M | 1.20M |
| Property plant equipment | 1378.90M | - | - | 1365.00M | 1078.10M |
| Total current assets | 467.25M | 504.30M | 654.80M | 855.30M | 564.70M |
| Long term investments | - | - | - | - | 8.80M |
| Net tangible assets | - | - | - | -1109.10M | -776.90M |
| Short term investments | - | - | 7.60M | - | 52.60M |
| Net receivables | 305.24M | 316.20M | 427.20M | 533.70M | 319.40M |
| Long term debt | 1701.60M | 1696.60M | 2231.10M | 1911.30M | 1444.90M |
| Inventory | 72.67M | 77.90M | 115.60M | 153.00M | 111.50M |
| Accounts payable | 260.53M | 290.10M | 452.10M | 426.90M | 297.00M |
| Accumulated other comprehensive income | -18.97M | - | 117.10M | 159.70M | 52.80M |
| Non currrent assets other | 6.79M | 5.50M | 7.50M | 7.30M | 137.50M |
| Non current assets total | 3113.92M | 3182.20M | 4519.30M | 3621.60M | 2995.70M |
| Capital lease obligations | 154.00M | 165.30M | 239.40M | 223.00M | 174.50M |
| Long term debt total | 1810.60M | - | - | 2087.00M | 1574.50M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -142.10M | -499.50M | -632.10M | 172.00M |
| Change to liabilities | - | - | - | 38.30M | 58.90M |
| Total cashflows from investing activities | -96.56M | -142.10M | -344.70M | -632.10M | 172.00M |
| Net borrowings | -76.80M | - | - | 306.50M | -225.30M |
| Total cash from financing activities | -231.08M | -144.70M | -99.70M | 410.90M | -399.60M |
| Net income | 61.86M | -17.90M | 51.60M | -87.90M | 206.70M |
| Change in cash | 5.85M | -13.60M | -17.70M | 30.00M | 4.30M |
| Begin period cash flow | 17.91M | 30.70M | 58.40M | 28.40M | 24.10M |
| End period cash flow | 23.76M | 17.10M | 40.70M | 58.40M | 28.40M |
| Total cash from operating activities | 334.66M | 274.10M | 550.00M | 248.70M | 232.00M |
| Issuance of capital stock | - | - | 0.00M | 287.50M | 287.50M |
| Depreciation | 260.99M | 179.90M | 249.59M | 238.90M | 201.10M |
| Other cashflows from investing activities | 19.60M | 18.30M | -196.30M | -514.80M | 277.10M |
| Dividends paid | 49.15M | 149.10M | 159.10M | 163.40M | 150.70M |
| Change to inventory | 2.95M | 13.70M | 28.40M | -12.60M | -29.70M |
| Change to account receivables | 41.11M | - | 265.80M | -41.10M | -89.80M |
| Sale purchase of stock | -101.14M | -47.00M | -5.43M | -10.00M | 0.00M |
| Other cashflows from financing activities | -40.50M | 0.00M | -4.17M | 144.00M | -41.90M |
| Change to netincome | - | - | - | 137.70M | -91.40M |
| Capital expenditures | 116.50M | 160.40M | 200.20M | 117.30M | 105.10M |
| Change in working capital | -6.00M | -167.40M | 294.20M | -15.40M | -60.60M |
| Stock based compensation | - | - | 12.00M | 3.70M | 15.80M |
| Other non cash items | 2.24M | 106.40M | -59.09M | 150.00M | -62.70M |
| Free cash flow | 218.15M | 113.70M | 349.80M | 131.40M | 126.90M |
Sector: Utilities Industry: Utilities - Regulated Gas
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SPB Superior Plus Corp |
0.01 0.22% |
6.88 | 20.47 | 14.35 | 0.67 | 1.38 | 1.20 | 6.25 |
| BIPC Brookfield Infrastructure Corp |
-0.99 1.85% |
52.56 | - | - | 1.86 | 37.41 | 4.88 | 6.16 |
| RGSI Rockpoint Gas Storage Inc |
0.78 3.29% |
24.49 | 11.68 | 10.85 | 9.56 | - | 8.41 | 10.25 |
Superior Plus Corp. distributes propane, compressed natural gas, renewable energy, and related products and services to approximately 936,500 customers in the United States and Canada. It operates in three segments: U.S. Propane Distribution (U.S. Propane), Canadian Propane Distribution (Canadian Propane), and Compressed Natural Gas Distribution (CNG). The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States, California, and the Midwest. Its Canadian Propane segment distributes propane gas and liquid fuels across Canada. The CNG segment transports and sells compressed natural gas, renewable natural gas, and hydrogen. The company serves the commercial, residential, and industrial markets. Superior Plus Corp. was incorporated in 1989 and is based in Toronto, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Luc Desjardins M.B.A., MBA | Pres, CEO & Director | 1953 |
| Ms. Beth Summers C.A., CPA | Exec. VP & CFO | NA |
| Mr. Darren Bart Hribar | Sr. VP & Chief Legal Officer | NA |
| Mr. Rick Carron | Pres of Superior Propane | NA |
| Mr. Andrew J. Peyton | Pres of Superior Plus Propane | 1968 |
| Ms. Catherine May Best F.C.A., FCA, FCPA, ICD.D | Independent Director | 1954 |
| Mr. Douglas J. Harrison CCLP, CMA, CPA, ICD.D, MBA | Independent Director | 1960 |
| James Devens | VP of Operations - U.S. Propane Distribution | NA |
| Mr. Ash Rajendra | VP & Chief Information Officer | NA |
| Mr. Harry Kanwar | VP of Risk & Compliance | NA |
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