Parkland Corp. reports second-quarter earnings up ahead of Sunoco takeover
- Parkland Corp. reports second-quarter net earnings of $172 million, an increase from $70 million last year, indicating strong financial performance before the Sunoco takeover.
- Earnings per diluted share increased to 97 cents, up from 39 cents a year ago, reflecting improved profitability.
- On an adjusted basis, the company's earnings were $508 million, slightly higher than the $504 million reported in the same quarter of 2024.
- Chief Executive Bob Espey mentioned that the Burnaby refinery contributed to above mid-cycle refining margins, indicating growth potential with Sunoco.
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Parkland Corp. reports second-quarter earnings up ahead of Sunoco takeover
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Leaning Left6Leaning Right0Center2Last UpdatedBias Distribution75% Left
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- 75% of the sources lean Left
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L 75%
C 25%
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