(PKI) Parkland Fuel - Ratings and Ratios

Parkland Corporation is a diversified energy company operating in Canada, the United States, and internationally, providing a range of services including convenience store operations, fuel supply, and low-carbon activities. With a vast network of retail service stations, cardlock sites, and bulk fuel delivery services, the company caters to commercial, industrial, and residential customers. Its diverse brand portfolio includes On the Run, Ultramar, Esso, Chevron, and others, indicating a strong presence in the market.

The companys operational segments, including Canada, International, USA, and Refining, demonstrate its comprehensive approach to the energy industry. The Canada segment is a significant player, with a coast-to-coast network and a range of services, including EV charging stations and low-carbon activities. The International segment operates under various brands, including Esso and Shell, and is involved in solar photovoltaic system installations. The USA segment delivers fuel and lubricants to commercial and wholesale customers, while the Refining segment focuses on producing lower carbon intensity fuels.

From a technical analysis perspective, the stocks current price is 39.39 CAD, with a 20-day SMA of 38.91 CAD, indicating a bullish trend. The 50-day SMA and 200-day SMA are 36.25 CAD and 34.83 CAD, respectively, further supporting the uptrend. The ATR is 0.80 CAD, representing a 2.02% daily volatility. Given the current technical setup, a potential price target could be 42.00 CAD, representing a 6.6% increase from the current price.

Fundamentally, Parkland Corporation has a market capitalization of 6654.38M CAD, with a P/E ratio of 34.38 and a forward P/E of 13.76, indicating a relatively attractive valuation. The companys RoE is 6.21%, which is a decent return. Considering the fundamental data and the current technical trend, a forecast for the stock could be a continued upward trajectory, potentially reaching 45.00 CAD within the next 6-12 months, driven by the companys diversified operations, low-carbon initiatives, and improving financials.