Skip to main content

Parkland Corp. PKI-T says it earned $86-million in its fourth quarter, up from $69-million a year earlier.

The Calgary-based company says earnings per diluted share were 48 cents, up from 39 cents during the same quarter the year before.

Sales and operating revenue was $7.7-billion, down from $8.7-billion a year earlier.

Adjusted earnings were lower in Canada and the U.S., but higher for the international segment.

Parkland increased its quarterly dividend to 35 cents from 34 cents per common share.

The company’s Burnaby, B.C. refinery has been shut down since Jan. 21, 2024 due to an unplanned outage after extreme cold weather and technical issues. Parkland says inspections and repairs have been completed and it expects to resume normal operations at the refinery in early March.

Follow related authors and topics

Authors and topics you follow will be added to your personal news feed in Following.

Interact with The Globe