Canadian fuel refiner and retailer Parkland's Q3 revenue beats estimates

Parkland

27/10/2025 11:58

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)