News Summary

• Superior Plus Corp. reported a net loss of $14.7 million for the second quarter.
• However, for the first half of the year, Superior reported net earnings of $131.7million.
• Superior attributed the rise mainly to a gain on derivatives as opposed to a loss from the previous year, increased gross profit due to colder weather in the propane sectors, and the ongoing expansion of CNG.
• The company posted revenues of $423.3 million for second quarter, in line with revenues reported for Q2 2024.