Parkland Corporation has released its interim condensed consolidated financial statements (unaudited) for the three and nine months ended September 30, 2025. The company reported a decrease in cash and cash equivalents from $385 million as of December 31, 2024, to $406 million as of September 30, 2025. This represents an increase of $21 million.
The company's sales and operating revenue for the three months ended September 30, 2025, were $7,353 million, compared to $7,126 million for the same period in 2024, representing an increase of $227 million. For the nine months ended September 30, 2025, sales and operating revenue were $21,040 million, a decrease from $21,569 million for the same period in 2024, representing a decrease of $529 million.
Parkland Corporation's net earnings for the three months ended September 30, 2025, were $129 million, compared to $91 million for the same period in 2024, representing an increase of $38 million. For the nine months ended September 30, 2025, net earnings were $365 million, an increase from $156 million for the same period in 2024, representing an increase of $209 million.
The company's total shareholders' equity as of September 30, 2025, was $3,267 million, compared to $3,166 million as of January 1, 2025, representing an increase of $101 million.
Additionally, Parkland Corporation reported a decrease in the amount of long-term debt from $6,380 million as of December 31, 2024, to $5,569 million as of September 30, 2025, representing a decrease of $811 million.
The company also noted that the Sunoco LP acquisition of Parkland is expected to close on October 31, 2025, subject to the satisfaction or waiver of customary closing conditions.
These figures provide a snapshot of Parkland Corporation's financial performance and position for the specified periods. As a result of these announcements, the company's shares have moved 0.1% on the market, and are now trading at a price of $57.66. For the full picture, make sure to review Sunoco LP's 8-K report.
