Canada's Superior Plus Q4 revenue misses analyst estimates

Superior Plus

19/02/2026 22:29

Overview

North American propane distributor's Q4 revenue missed analyst expectations

Adjusted EBITDA for Q4 rose 2% due to growth in propane operations

Company repurchased 8% of its outstanding shares in 2025

Outlook

Superior expects 2026 Adjusted EBITDA to grow 2% compared to 2025

Company anticipates 2026 capital expenditures of ~$160 mln

Superior plans to repurchase $50 to $100 mln in shares during 2026

Result Drivers

PROPANE OPERATIONS - 6% growth in propane operations drove Q4 Adjusted EBITDA increase, offsetting declines in CNG

SUPERIOR DELIVERS - Initiative contributed $11.2 mln to Q4 Adjusted EBITDA, aiding propane volume growth and efficiency

CNG PRICING PRESSURE - CNG Adjusted EBITDA fell 13% in Q4 due to pricing pressure in wellsite segment, despite efficiency gains

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$691 mln
$714.08 mln (4 Analysts)
Q4 Net Income
$49.10 mln
Q4 Gross Profit
$378.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the natural gas utilities peer group is "buy"

Wall Street's median 12-month price target for Superior Plus Corp is C$9.00, about 14.9% above its February 18 closing price of C$7.83

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw8C2gcBa

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(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.)