PKI.TO
Parkland Corporation
Energy · Oil & Gas Refining & Marketing · Canada · Stock
Historical Issuer — No Longer Independently Traded
Parkland Corporation was acquired by Sunoco LP on 2025-10-31. The ticker PKI.TO is retired; shares of the combined entity no longer trade under this symbol.
This is a historical research profile. The company is no longer an independent public issuer and no current investment score is available.
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Company Overview
Parkland Corporation (TSX: PKI) was a Canadian fuel retail, marketing, and refining company operating approximately 650 retail outlets and 1,830 dealer sites. On 2025-10-31, Sunoco LP completed its approximately C$9.1 billion acquisition of Parkland, first announced in May 2025. Parkland shareholders received, per share, 0.295 SunocoCorp units plus C$19.80 in cash, with alternative election options of either C$44.00 per share in cash or 0.536 SunocoCorp units, subject to proration. Parkland's shares were expected to be delisted from the Toronto Stock Exchange as of the close of markets on 2025-11-04, and SunocoCorp's common units began trading on the New York Stock Exchange effective 2025-11-06.
Business Segments
Parkland's business spanned retail fuel and convenience operations (including its Ultramar, Chevron/Pioneer, and On the Run banners in various regions), commercial fuel supply and marketing, and refining operations, including the Burnaby refinery in British Columbia. Following the acquisition, these operations became part of Sunoco LP's combined fuel distribution and marketing network.
Geographic Exposure
Parkland's retail and marketing operations spanned Canada, the United States, and the Caribbean. Following the 2025-10-31 closing, these assets are held and operated by Sunoco LP (through SunocoCorp) as part of its combined fuel distribution network; this historical profile does not track Sunoco's current, combined operations or results.
Principal Risks
Parkland Corporation is no longer an independent, currently-traded public issuer, and this page describes historical fact only. Readers should not confuse this historical profile with Sunoco LP or SunocoCorp, the acquiring and surviving entities. This site does not redirect PKI.TO to any Sunoco ticker; the two are tracked as separate, distinct research profiles.
Source Documents
- Parkland Corporation Announces Completion of Acquisition by Sunoco LP — Parkland Corporation (official press release via PR Newswire) (2025-10-31)
- Sunoco closes on $9.1B Parkland acquisition — CSP Daily News (2025-10-31)
Coverage Limitations
Parkland Corporation is no longer an independent public issuer as of 2025-10-31 (shares delisted 2025-11-04). This page presents historical research only and does not reflect the current financial position or operations of Sunoco LP/SunocoCorp. No quantitative fundamentals score is available for this ticker.
This report is for educational and research purposes only. It does not constitute financial, investment, legal, or tax advice — always conduct your own due diligence before making investment decisions.