US EditionParkland reports Q3 profit up from year ago as it prepares to close Sunoco deal
Parkland Corp. posted a third-quarter profit of $129 million, up from $91 million last year, driven by operational improvements and revenue growth ahead of Sunoco acquisition.
- On Oct. 27, 2025, Parkland Corp. reported a third-quarter profit of $129 million, up from $91 million last year, as it prepared to be acquired by U.S. company Sunoco.
- With sales of $7.35 billion, Parkland owns Ultramar, Chevron and Pioneer across 26 countries, reporting 73 cents per diluted share for the quarter ended Sept. 30.
- Parkland reported adjusted earnings of $1.02 per diluted share, up from 60 cents a year earlier, and its Burnaby refinery produces gasoline, diesel, jet fuels, asphalts, heating fuels, heavy fuel oils, butanes and propane.
- Subject to customary closing conditions, the transaction is set to close Friday, and the Parkland‑Sunoco deal has been approved under the Investment Canada Act.
- Supplying nearly one-third of the region's domestically supplied gasoline and jet fuel, the Burnaby refinery was pictured on Monday.
12 Articles
12 Articles
Parkland Reports 2025 Third Quarter Results and Provides Update on the Sunoco Transaction (2025-10-27)
Parkland Corporation, today announced its financial and operating results for the three and nine months ended September 30, 2025. Delivered Adjusted EBITDA of $540 million, up from $431 million in Q3 2024, primarily driven by strong operations and margins at the Burnaby Refinery and robust performance in the Canada and International segments.
Winnipeg Free Press
Parkland reports Q3 profit up from year ago as it prepares to close Sunoco deal
Breaking News, Sports, Manitoba, Canada
Parkland Reports Q3 Profit Up From Year Ago As It Prepares To Close Sunoco Deal
Parkland Corp. reported a third-quarter profit of $129 million, up from $91 million a year ago, as it prepared to complete its deal to be acquired by U.S. company Sunoco. The Calgary-based company says its profit amounted to 73 cents per diluted share for the quarter ended Sept. 30, up from 52 cents per diluted share a year earlier. On an adjusted basis, Parkland says it earned $1.02 per diluted share in its latest quarter compared with an adjus…
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