Business Driver Update 
Business Drivers
Refiners' Margins
Retail Margins
Weather
Parkland Investor Day
Did you miss Parkland's Investor Event held on April 15th?
 
You can watch the entire presentation or view the PDF by clicking the links below.
 
 Premium Dividend
 and DRIP
These programs allow you to participate in Parkland's growth while maximizing value.  The Premium Dividend pays investors an extra 2% in cash on top of the regular dividend while the DRIP allows investors to reinvest their dividends in shares at a 5% discount. Find out more here.
2013 Q2 Results Release and Conference Call
Parkland released their 2013 Q2 results after market close on Wednesday August 7th, 2013. 
 
President & CEO Bob Espey and Senior Vice President & CFO Mike Lambert hosted our Q2 results webcast and conference call Thursday August 8th, 2013.
 
If you would like to listen to the archived webcast, click the link below.
 

Business Driver Update Including CAODC Data

Greetings!

The Business Driver newsletter is a monthly publication by Parkland Fuel Corporation that aggregates publicly available data about what drives our results.
  
The monthly Business Driver newsletter is distributed at the beginning of each month once all data for the previous month is available. 
   

Margins Remain Low 

Gasoline refiner margins' were significantly lower than 2012 and 2011 for the duration of the third quarter.  Parkland's exposure is weighted heavily towards gasoline.

 

Gasoline Margins                 

Diesel Margins                 

Edmonton refiners' margins are approximated by subtracting the wholesale prices charged by refiners in Edmonton from the cost of Edmonton Par crude on a cents per litre basis.  Note that data is current as of September 30, 2013.

Retail Margins 

 

Kent Marketing Services maintains a survey of Canadian wholesale and retail prices that investors may find useful to review from time to time. Their Petroleum Price Data can be accessed from their main website www.kentmarketingservices.com.

 

Rig Count Data Now Available 
Rig Counts
The CAODC average monthly rig count data for September was not available when the Business Driver Update was sent out on October 8th.

The CAODC reported 358 active drilling rigs for September 2013 compared with 350 drilling in September 2012.  Parkland's Commercia
l activity is geared toward natural gas well drilling, which is currently less active than oil well drilling. August 2013 saw 818 oil wells drilled to completion compared to 72 gas wells drilled to completion.  
 
Average monthly rig count, as reported by the Canadian Association of Oilwell Drilling Contractors ("CAODC") is shown above-right and is used as a proxy for the health of Canada's resource industry. Rig counts are publically available through the CAODC's public website:www.caodc.ca/statistics/rigcounts.html 

Temperatures Starting to Dip on Both Coasts

Heating degree days (HDD) are starting to increase on both coasts as fall temperatures set in. Victoria is within the 5 year min/max range; however, Halifax is below the 5 year minimum range.

Victoria HDD              

Halifax HDD            

Data is current as of September 30, 2013. Please note that the Halifax station has now moved to Environment Canada's new NAV system and the Victoria station has changed to the University of Victoria. Heating degree days (HDD) correlate directly with the heating requirements of homes and businesses. For more information please review the "Economic Developments and Outlook" section of Parkland's most recent MD&A.

Source:www.climate.weatheroffice.gc.ca/climateData/canada_e.html

About Parkland's Business Driver Update

This newsletter aggregates publicly available information about the drivers of Parkland Fuel Corporation's business.  We believe providing this information is useful to investors who wish to understand Parkland's business better.  If you do not wish to receive our business driver update on a regular basis, please unsubscribe using the link below.  
 

Cautionary Information

The information included herein does not constitute a recommendation to purchase or sell shares in Parkland Fuel Corporation ("Parkland") and is provided for informational purposes only and on an "as-is" and an "at-your-own risk" basis.  Although Parkland believes that the business drivers identified are key business drivers that impact the business of Parkland, and while Parkland has attempted to ensure the integrity and accurateness of the information aggregated into the Business Driver Update (the "Newsletter"), it makes no guarantees whatsoever as to the appropriateness or completeness of the business drivers provided or as to the correctness or accuracy of the information provided.  Users should note that in all instances the source data contains estimates and averages that may lead to errors when interpreting the data.  Users are advised not to rely solely on the information contained in this Newsletter, and to review the information sources contained herein, as well as other information sources, to conduct their own analysis of Parkland.  In the event that an inaccuracy is apparent, please inform Parkland so that it can be addressed. 

 

Parkland does not warrant or guarantee the accuracy or completeness of the information contained herein or the business drivers identified, and shall have no liability whatsoever (including but not limited to) for any direct, indirect, special or consequential damages, loss of anticipated profits or other economic loss arising out of, in connection with or relating to the information or drivers contained in the Newsletter, any use or reliance upon the information or drivers.