Building on our success

An Industry Leading Distribution and Service Business

Superior Plus Energy Services
Superior Propane
Superior Liquid Gas
Certarus Low Carbon Energy Solutions

Superior Plus Energy Distribution

Head Offices

Superior Plus Propane | Wayne, Pennsylvania
Superior Propane | Mississauga, Ontario
Superior Gas Liquids | Calgary, Alberta
Certarus | Calgary, Alberta

Products and Services

  • Distribution and retail marketing of propane-related products and services
  • Distribution of fuels including propane gas, natural gas, heating oil and renewables
  • Wholesale marketing services of natural gas liquids

End Markets

Across Canada and the United States

2022 EBITDA from Operations

$478.4 million

Employees

2,786 in U.S. Propane Distribution
1,652 in Canadian Propane Distribution
119 in Wholesale Propane Distribution

Leadership

  • Andy Peyton, Chief Operating Officer North American Propane Distribution
  • Rick Carron, President, Superior Propane
  • Shawn Vammen, Senior Vice President, Superior Gas Liquids
  • Curtis Philippon, President, Certarus

Superior Way Forward 2026 Targets(1)

U.S. Propane Distribution

  • 2-3% annual organic growth
  • Opex/ GP reduction from 58% in 2020 to 53% in 2026
  • Targeted EBITDA improvement of $30 million
  • M&A execution targeted to drive $220 million in EBITDA growth

Canadian Retail Propane Distribution

  • 2-3% annual organic growth
  • Opex/ GP reduction from 60% in 2020 to 56% in 2026
  • Targeted EBITDA improvement of $20 million to $25 million

(1) Refer to "Non-GAAP Financial Measures" and "Forward Looking Information" in the 2021 Investor Day presentation for further details and reconciliation.

Energy Distribution Gross Profit and EBITDA from Operations(1)(2)(3)(4)(5)

  • (1) EBITDA from operations is a non-GAAP measure. Refer to “Non-GAAP Financial Measures” in the 2021 Annual Report for further details and reconciliation.
  • (2) Financial results exclude the results of the Fixed-price energy services business as substantially all assets were divested during Q1 2016. Comparative figures have been reclassified to reflect the current period presentation.
  • (3) 2019 refers to Adjusted Gross Profit which is a non-GAAP measure. Refer to “Non-GAAP Financial Measures” in the 2019 Annual Report for further details and reconciliation.
  • (4) 2020 refers to Adjusted Gross Profit which is a non-GAAP measure. Refer to “Non-GAAP Financial Measures” in the 2020 Annual Report for further details and reconciliation.
  • (5) 2021 refers to Adjusted Gross Profit which is a non-GAAP measure. Refer to “Non-GAAP Financial Measures” in the 2021 Annual Report for further details and reconciliation.