Superior Plus Q2 revenue misses estimates

Superior Plus

12/08/2025 22:10

Overview

Superior Plus Q2 revenue missed analyst expectations, per LSEG data

Q2 adjusted EBITDA fell due to lower propane volumes and supply disruption

Co reaffirmed 2025 adjusted EBITDA growth guidance of approximately 8%

Outlook

Superior reaffirms 2025 Adjusted EBITDA growth rate of approximately 8%

Superior anticipates ending 2025 with leverage ratio of ~3.7x

Result Drivers

PROPANE VOLUME DECLINE - Q2 adjusted EBITDA fell due to lower propane volumes following strong Q1 deliveries and deferral of some Q2 deliveries

SUPPLY DISRUPTION - Temporary plant shutdown in California negatively impacted margins in Q2

RNG BUSINESS - Growth in RNG business helped offset competitive pressures in the wellsite sector

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$423.20 mln
$495.50 mln (4 Analysts)
Q2 Net Income
-$14.70 mln
Q2 Gross Profit
$228.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 2 "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$10.25, about 32.8% above its August 11 closing price of C$6.89

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBw2fLnqna

(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.)