Superior Plus (TSE:SPB) reported first-quarter 2026 adjusted EBITDA of $245.9 million, down about 6% from the same period last year, as weaker results in its Certarus compressed natural gas business more than offset gains in Canadian propane and ongoing operational improvements.
Executive Vice President and Chief Financial Officer Grier Colter said adjusted EBITDA per share rose 2% to $0.91, while adjusted net earnings per share increased 2% to $0.68, supported by the company’s lower share count following an active buyback program. Free cash flow was $188 million, down roughly $32 million from the prior-year quarter, which included a $20 million legal recovery and higher adjusted EBITDA.
