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Building on our success

An Industry Leading Distribution and Service Business

Superior Plus Energy Distribution

Head Offices

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

Products and Services
  • Distribution and retail marketing of propane-related products and services
  • Distribution of liquid fuels including heating oil and propane gas
  • Wholesale marketing services of natural gas liquids

End Markets

Across Canada and Northeastern United States

2021 EBITDA from Operations

$409.9 million

Employees

1,676 in Canada
2,411 in United States

Leadership
  • Rick Carron, President, Superior Propane
  • Andy Peyton, President, Superior Plus Propane
  • Shawn Vammen, Senior Vice President, Superior Gas Liquids

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)

6. Energy-Distribution-Gross-Profit-EBITDA_June_2022
  • (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.