Parkland (OTCMKTS:PKIUF) is an independent downstream petroleum company headquartered in Calgary, Alberta. The firm specializes in the distribution, marketing and retailing of fuel and petroleum products across a network of company-operated and branded sites. Its core operations include supplying gasoline, diesel, jet fuel, marine fuel and lubricants to retail and commercial customers.
In its retail segment, the company operates convenience stores under the On the Run banner, offering foodservice, grocery items and other non-fuel merchandise alongside its fueling stations. On the commercial side, Parkland serves fleets, municipalities, industrial clients and agricultural businesses, providing cardlock fuel solutions, bulk delivery and storage services. The company also maintains a wholesale division that supplies third-party dealers, independent marketers and other downstream operators.
Parkland’s geographic footprint extends across Canada, the United States and select Caribbean markets. It has grown through strategic acquisitions, including the purchase of CST Brands assets in the U.S., as well as regional distributors and consolidated supply agreements in Central and South America. This diversified presence allows Parkland to leverage purchasing scale and optimize supply chain logistics across multiple regulatory environments.
Founded in 1977, Parkland has evolved from a regional fuel distributor into one of North America’s larger independent marketers. Leadership is headed by Brian Sangster, President and CEO, supported by a senior management team with deep experience in petroleum marketing, retail operations and financial management. The company continues to focus on growth through targeted acquisitions, network optimization and expansion of its non-fuel offerings.
