Parkland's Operations
Fuel Marketing Segment
Fuel marketing consists of the sale and delivery of gasoline, diesel and to a lesser extent propane through the Corporation’s commercial, retail, and wholesale distribution channels. It is the Corporation’s most important segment and the focus of its operations.
Parkland Supply & Wholesale and Refiners’ Margins
Parkland Supply & Wholesale, a part of the Fuel Marketing Segment, includes profits from Parkland’s participation in refiners' profit margins and modest profits from wholesale fuel sales. Parkland participates in refiners’ margins for a portion of its supply volumes. Refiners’ margins are driven by supply and demand, over which the Corporation has no control. Parkland continues to execute its strategy to build fuel marketing profits to offset fluctuations in refinery margins that are expected to continue until the termination of the Suncor contract on December 31, 2013.
Non-Fuel Commercial Segment
Parkland’s Non-Fuel Commercial Segment consists of agricultural inputs, lubricants, and other products that do not fall into the fuel category.
Other Segment
Parkland’s Other Non-Fuel Segment consists of convenience store revenue, lottery revenue, externally charged freight revenue, retail variable rents received from Parkland’s Retailers, and vendor rebates.