CALGARY – 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 adjusted profit of 60 cents per diluted share in the same quarter last year.
Sales and operating revenue totalled $7.35 billion, up from $7.13 billion a year earlier.
Parkland owns the Ultramar, Chevron and Pioneer gas station chains as well as several other brands in 26 countries. It also runs a refinery in Burnaby, B.C., which supplies nearly one-third of the region’s domestically supplied gasoline and jet fuel.
The company says it expects to close its deal with Sunoco on Friday, subject to the satisfaction or waiver of customary closing conditions.
This report by The Canadian Press was first published Oct. 27, 2025.
Companies in this story: (TSX:PKI)
