Suburban Propane Partners LP logo

Suburban Propane Partners LPNYSE: SPH

Profile

Sector:

Utilities

Industry:

Gas

Country:

United States

IPO:

29 February 1996

Next earnings report:

02 August 2024

Last dividends:

06 May 2024

Next dividends:

N/A
$1.20 B
-12%vs. 3y high
26%vs. sector
-17%vs. 3y high
17%vs. sector
-25%vs. 3y high
67%vs. sector
-13%vs. 3y high
15%vs. sector

Price

after hours | Mon, 24 Jun 2024 22:27:02 GMT
$18.70-$0.51(-2.65%)
$498.09 M$278.00 M
$498.09 M$111.50 M

Analysts recommendations

Institutional Ownership

SPH Latest News

Suburban Propane's 40% Gain In 6 Months Needs Cautious Watching
Seeking Alpha14 February 2024 Sentiment: POSITIVE

Suburban Propane has outperformed the S&P 500 in the past six months, gaining close to 40%. Institutional buying and a major ETF's purchase have contributed to the stock's appreciation. The company's pattern of performing well in January and selling off in February and March suggests waiting to see if the increase is sustained.

Suburban Propane Partners LP (SPH) Q1 2024 Earnings Call Transcript
Seeking Alpha08 February 2024 Sentiment: POSITIVE

Suburban Propane Partners LP (SPH) Q1 2024 Earnings Call Transcript

Suburban Propane Partners Is Well-Positioned For Long-Run Accretive Growth
Seeking Alpha26 January 2024 Sentiment: POSITIVE

Suburban Propane's valuation and financials are improved through geographic expansion. Leadership in the propane industry is strengthened as the company expands its reach. The company's growth in different regions contributes to its overall success and financial performance.

Suburban Propane Partners: Driving Growth Through Transition To RNG
Seeking Alpha10 May 2023 Sentiment: POSITIVE

Suburban Propane posted disappointing earnings due to a warm winter but still had a promising future along with strong dividends. The company's acquisition of RNG platforms will hedge against regulatory risks and allow the company to capitalize on more rebates.

What type of business is Suburban Propane Partners LP?

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company operates in four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane to residential, commercial, industrial, and agricultural customers, as well as in the wholesale distribution to industrial end users. It offers propane primarily for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces, as a cutting gas to the industrial customers, and in other process applications; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. The Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 25, 2021, the company served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 41 states primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is headquartered in Whippany, New Jersey.

What sector is Suburban Propane Partners LP in?

Suburban Propane Partners LP is in the Utilities sector

What industry is Suburban Propane Partners LP in?

Suburban Propane Partners LP is in the Gas industry

What country is Suburban Propane Partners LP from?

Suburban Propane Partners LP is headquartered in United States

When did Suburban Propane Partners LP go public?

Suburban Propane Partners LP initial public offering (IPO) was on 29 February 1996

What is Suburban Propane Partners LP website?

https://www.suburbanpropane.com

Is Suburban Propane Partners LP in the S&P 500?

No, Suburban Propane Partners LP is not included in the S&P 500 index

Is Suburban Propane Partners LP in the NASDAQ 100?

No, Suburban Propane Partners LP is not included in the NASDAQ 100 index

Is Suburban Propane Partners LP in the Dow Jones?

No, Suburban Propane Partners LP is not included in the Dow Jones index

When does Suburban Propane Partners LP report earnings?

The next expected earnings date for Suburban Propane Partners LP is 02 August 2024