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 26, 2020, 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.
IPO Year: 1996
Exchange: NYSE
Website: suburbanpropane.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/30/2024 | $17.00 | Equal Weight → Underweight | Wells Fargo |
1/29/2024 | $16.00 → $17.00 | Neutral → Underperform | Mizuho |
4/26/2023 | $17.00 | Neutral | Mizuho |
12/16/2021 | $17.00 → $18.00 | Equal-Weight | Wells Fargo |
SCHEDULE 13G/A - SUBURBAN PROPANE PARTNERS LP (0001005210) (Subject)
DEL AM - SUBURBAN PROPANE PARTNERS LP (0001005210) (Filer)
S-3 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Filer)
144 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Subject)
10-Q - SUBURBAN PROPANE PARTNERS LP (0001005210) (Filer)
8-K - SUBURBAN PROPANE PARTNERS LP (0001005210) (Filer)
8-K - SUBURBAN PROPANE PARTNERS LP (0001005210) (Filer)
8-K - SUBURBAN PROPANE PARTNERS LP (0001005210) (Filer)
10-K - SUBURBAN PROPANE PARTNERS LP (0001005210) (Filer)
8-K - SUBURBAN PROPANE PARTNERS LP (0001005210) (Filer)
DAYTONA BEACH, Fla., Feb. 14, 2025 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, today joined forces with NASCAR to unveil a propane-powered track dryer at the iconic DAYTONA 500. This innovative solution will complement NASCAR's current track drying efforts and help get race cars back on the track as quickly as possible. The utilization of prop
WHIPPANY, N.J., Feb. 6, 2025 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced earnings for its first quarter ended December 28, 2024. Net income for the first quarter of fiscal 2025 was $19.4 million, or $0.30 per Common Unit, compared to net income of $24.5 million, or $0.38 per Common Unit, for the first quarter of fiscal 2024. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA, as defined and reconciled below) for the first quarter of fiscal 2025 was $75.3 million, essentially flat compared to the first quarte
WHIPPANY, N.J., Jan. 23, 2025 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced that its Board of Supervisors declared a quarterly distribution of $0.325 per Common Unit for the three months ended December 28, 2024. This quarterly distribution rate equates to an annualized rate of $1.30 per Common Unit. The distribution is payable on February 11, 2025 to Common Unitholders of record as of February 4, 2025. This press release serves as qualified notice to brokers and nominees as provided for under Treasury Regulation Section 1.1446-4(b). Please note
WHIPPANY, N.J., Jan. 22, 2025 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2025 First Quarter Results Conference Call for Thursday, February 6, 2025 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2025 First Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (800) 836-8184 Ask for: Suburban Propane Fiscal 2025 First Quarter Results Conference
WHIPPANY, N.J., Nov. 27, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced that it has filed its Annual Report on Form 10-K for its fiscal year ended September 28, 2024 with the Securities and Exchange Commission ("SEC"). A link to the fiscal 2024 Annual Report on Form 10-K, as filed with the SEC, is available on the Partnership's website at www.suburbanpropane.com. Upon written request, the Partnership will provide to any unitholder or noteholder, without charge, a hard copy of its Annual Report on Form 10-K for the year ended September 28, 202
WHIPPANY, N.J. and HUNTINGTON BEACH, Calif., Nov. 19, 2024 /PRNewswire/ -- Suburban Renewable Energy, LLC (Suburban Renewables), a subsidiary of Suburban Propane Partners, L.P. (NYSE:SPH), has announced its sponsorship of the first school entry in the Hydrogen Grand Prix (H2GP) as the program launches in Texas for the 2024-2025 school year. With support from Suburban Renewables, students aged 12 to 19 will use teamwork and STEAM curriculum to design, engineer, and build their own 1:10 scale hydrogen fuel cell remote-controlled car. The team will then race in a series of local- and state-level endurance races for the chance to compete at the H2GP World Finals event overseas.
WHIPPANY, N.J., Nov. 15, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, announced today an executive promotion in line with its planned management succession. As previously announced, Steven C. Boyd, the Partnership's Chief Operating Officer, will retire effective January 1, 2025. The Partnership announced that Alejandro ("Alex") Centeno has
WHIPPANY, N.J., Nov. 14, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced earnings for its full year and fourth quarter ended September 28, 2024. Fiscal Year 2024 Results Fiscal year 2024 included 52 weeks of operations compared to 53 weeks reported in the prior year. Net income for fiscal 2024 was $74.2 million, or $1.15 per Common Unit, compared to $123.8 million, or $1.94 per Common Unit, in fiscal 2023. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA, as defined and reconciled below) was $250.0 millio
BALTIMORE and WHIPPANY, N.J., Oct. 31, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, partnered with the American Red Cross and Coppin State University in Baltimore on October 30th to host a blood donation event focused on raising awareness of sickle cell disease, and the urgent need for donations. This collaboration brings local communities together to support those impacted by the disease and increase vital blood donations for those in need.
WHIPPANY, N.J., Oct. 24, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced that its Board of Supervisors declared a quarterly distribution of $0.325 per Common Unit for the three months ended September 28, 2024. This quarterly distribution rate equates to an annualized rate of $1.30 per Common Unit. The distribution is payable on November 12, 2024 to Common Unitholders of record as of November 5, 2024. This press release serves as qualified notice to brokers and nominees as provided for under Treasury Regulation Section 1.1446-4(b). Please note t
4 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Issuer)
4 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Issuer)
4 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Issuer)
4 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Issuer)
4 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Issuer)
4 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Issuer)
4 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Issuer)
4 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Issuer)
4 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Issuer)
4 - SUBURBAN PROPANE PARTNERS LP (0001005210) (Issuer)
Wells Fargo downgraded Suburban Propane from Equal Weight to Underweight and set a new price target of $17.00
Mizuho downgraded Suburban Propane from Neutral to Underperform and set a new price target of $17.00 from $16.00 previously
Mizuho initiated coverage of Suburban Propane with a rating of Neutral and set a new price target of $17.00
Wells Fargo reiterated coverage of Suburban Propane Partners with a rating of Equal-Weight and set a new price target of $18.00 from $17.00 previously
Wells Fargo reiterated coverage of Suburban Propane Partners with a rating of Equal-Weight and set a new price target of $16.00 from $18.00 previously
Argus upgraded Suburban Propane from Hold to Buy and set a new price target of $18.00
WHIPPANY, N.J., May 22, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced the results from its 2024 Tri-Annual Meeting of Unitholders held on May 21, 2024. At the meeting, the Unitholders re-elected to the Board of Supervisors, for a three-year term, all eight nominees proposed by the Board: NomineeMatthew J. ChaninHarold R. Logan, Jr.Jane SwiftTerence J. ConnorsWilliam M. LanduytAmy M. AdamsRommel M. OatesMichael A. Stivala At the meeting, the Unitholders also approved: (1) the ratification of the appointment of PricewaterhouseCoopers LLP as the
WHIPPANY, N.J., May 8, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, today collaborated with Operation Adopt A Soldier (OAAS) to assemble care packages for local troops serving overseas. More than 500 packages were created, which included letters written by Suburban Propane employees from across the region, snacks, games, and other necessi
CHICAGO and WHIPPANY, N.J., March 21, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, today collaborated with longstanding national partner, the American Red Cross, and the Sickle Cell Disease Association of Illinois (SCDAI), to host a blood donation event in Chicago, Illinois. The event at the Chicago Red Cross Blood Donation Center was aimed at raising awareness and encouraging blood donations to support the transfusion needs of patients battling sickle c
WHIPPANY, N.J., Feb. 26, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil, and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, commemorated Black History Month in conjunction with the American Red Cross, Faithful Central Bible Church, the Beverly Hills West (CA) Chapter of The Links, Incorporated, and the City of Inglewood, California, by hosting a blood drive celebrating the life of Dr. Charles R. Drew, a renowned surgeon and pioneer in the field of blood transfusions.
ST. AUGUSTINE, Fla., Feb. 1, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, today partnered with Historic Tours of America to announce their support of the Lincolnville Museum and Cultural Center (LMCC) in St. Augustine, Florida in an effort to commemorate Black History Month and contribute to the preservation of African American history. Th
WHIPPANY, N.J., April 24, 2023 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, today announced that, at its regular meeting held on April 18, 2023, the Partnership's Board of Supervisors unanimously approved an increase in the number of independent members of the Board of Supervisors from seven to nine, and elected Amy M. Adams and Rommel M. Oates to fill the two vacancies following the increase in the size of the Board. Both actions are effective as of May 5,
WHIPPANY, N.J., July 11, 2022 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives announced the appointment of President and CEO, Michael Stivala, to the position of Chairperson for the New Jersey Regional Council of the American Red Cross, effective July 1, 2022. As a national corporate partner of the American Red Cross, Suburban Propane provides support where it is needed
WHIPPANY, N.J., May 19, 2021 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH) a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, today announced the results from its 2021 Tri-Annual Meeting of Unitholders held on May 18, 2021. At the meeting, the Unitholders re-elected to the Board of Supervisors, for a three-year term, all seven nominees proposed by the Board: NomineeMatthew J. ChaninHarold R. Logan, Jr.Jane SwiftLawren
WHIPPANY, N.J., Jan. 22, 2025 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2025 First Quarter Results Conference Call for Thursday, February 6, 2025 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2025 First Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (800) 836-8184 Ask for: Suburban Propane Fiscal 2025 First Quarter Results Conference
WHIPPANY, N.J., Oct. 23, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2024 Full Year and Fourth Quarter Results Conference Call for Thursday, November 14, 2024 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2024 Full Year and Fourth Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (800) 836-8184 Ask for: Suburban Propane Partners Fisc
WHIPPANY, N.J., July 24, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2024 Third Quarter Results Conference Call for Thursday, August 8, 2024 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2024 Third Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (888) 664-6383 Ask for: Suburban Propane Fiscal 2024 Third Quarter Results Conference C
WHIPPANY, N.J., April 24, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2024 Second Quarter Results Conference Call for Thursday, May 9, 2024 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2024 Second Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (888) 664-6383 Ask for: Suburban Propane Fiscal 2024 Second Quarter Results Conference
WHIPPANY, N.J., Jan. 24, 2024 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2024 First Quarter Results Conference Call for Thursday, February 8, 2024 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2024 First Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (888) 317-6003 Access Code: 1833367 Ask for: Suburban Propane Fiscal 2024 First Quar
WHIPPANY, N.J., July 19, 2023 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2023 Third Quarter Results Conference Call for Thursday, August 3, 2023 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2023 Third Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (888) 317-6003Access Code: 0030589 Ask for: Suburban Propane Partners Fiscal 2023 Third
WHIPPANY, N.J., April 19, 2023 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2023 Second Quarter Results Conference Call for Thursday, May 4, 2023 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2023 Second Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (888) 317-6003Access Code: 2934854 Ask for: Suburban Propane Partners Fiscal 2023 Secon
WHIPPANY, N.J., Jan. 18, 2023 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2023 First Quarter Results Conference Call for Thursday, February 2, 2023 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2023 First Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (888) 317-6003Access Code: 4374875 Ask for: Suburban Propane Fiscal 2023 First Quarte
WHIPPANY, N.J., Oct. 19, 2022 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2022 Full Year and Fourth Quarter Results Conference Call for Thursday, November 10, 2022 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2022 Full Year and Fourth Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (888) 317-6003Access Code: 4253531 Ask for: Suburban P
WHIPPANY, N.J., July 20, 2022 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2022 Third Quarter Results Conference Call for Thursday, August 4, 2022 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2022 Third Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (888) 317-6003Access Code: 9151072 Ask for: Suburban Propane Fiscal 2022 Third Quarter
SC 13G - SUBURBAN PROPANE PARTNERS LP (0001005210) (Subject)
SC 13G/A - SUBURBAN PROPANE PARTNERS LP (0001005210) (Subject)
SC 13G - SUBURBAN PROPANE PARTNERS LP (0001005210) (Subject)
SC 13G/A - SUBURBAN PROPANE PARTNERS LP (0001005210) (Subject)
SC 13G/A - SUBURBAN PROPANE PARTNERS LP (0001005210) (Subject)
SC 13G/A - SUBURBAN PROPANE PARTNERS LP (0001005210) (Subject)
SC 13G/A - SUBURBAN PROPANE PARTNERS LP (0001005210) (Subject)