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Suburban Propane Partners L P - SPH STOCK NEWS

Welcome to our dedicated page for Suburban Propane Partners L P news (Ticker: SPH), a resource for investors and traders seeking the latest updates and insights on Suburban Propane Partners L P stock.

Suburban Propane Partners, L.P. (NYSE: SPH), headquartered in Whippany, New Jersey, is a leading nationwide marketer and distributor of propane, renewable propane, fuel oil, and other refined fuels. The company has been serving the energy needs of approximately 1 million residential, commercial, governmental, industrial, and agricultural customers through about 700 locations across 42 states since 1928.

Core Business: Suburban Propane specializes in providing propane, fuel oil, and refined fuels, along with marketing natural gas and electricity in deregulated markets such as New York and Pennsylvania. The company operates in three main segments: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity, with the Propane segment generating the maximum revenue.

Products and Services: Propane, known for its clean-burning properties, is used in residential and commercial markets for space heating, water heating, cooking, and clothes drying. Additionally, industrial customers utilize propane as a motor fuel, for powering engines, and in various process applications. In the agricultural sector, propane serves crucial functions such as tobacco curing, crop drying, and poultry brooding. Suburban Propane also sells, installs, and services heating systems, air conditioning units, and other energy-related equipment.

Environmental Commitment: As part of its commitment to a green energy future, Suburban Propane markets renewable propane and invests in low carbon fuel alternatives. The company's

News

Suburban Propane and Shoebox Ministry Assemble Hygiene Kits for Adults and Children in Need in Greater Phoenix

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Suburban Propane Partners, L.P. (NYSE: SPH) Sponsors Hygiene Kits for Shoebox Ministry: Suburban Propane Partners, L.P. announced a partnership with Shoebox Ministry to sponsor and pack hygiene kits for adults and children in need. The donation, part of the SuburbanCares® community-giving platform, provided 1000 hygiene kits designed to provide care for up to 30 days, containing essential items such as soap, shampoo, conditioner, body lotion, deodorant, toothpaste, razors, feminine care products, socks, and more. Employees from Suburban Propane's SuburbanRNG Stanfield facility and volunteers from Shoebox Ministry assembled the kits. SuburbanCares® has also supported charitable endeavors in various communities across the United States, including COVID-19 affected regions in 2020.
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Suburban Propane Partners, L.P. Announces Full Year and Fourth Quarter Results

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Suburban Propane Partners, L.P. (NYSE:SPH) announced fiscal year 2023 earnings, reporting a net income of $123.8 million, a decrease in retail propane gallons sold, and a 38.9% decrease in average propane prices. The company also highlighted strategic investments in renewable energy and expansion of its RNG business.
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Suburban Propane Partners, L.P. Declares Quarterly Distribution of $0.325 per Common Unit

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Suburban Propane Partners, L.P. declares a quarterly distribution of $0.325 per Common Unit, equating to an annualized rate of $1.30 per Common Unit. The distribution is payable on November 14, 2023, to Common Unitholders of record as of November 7, 2023.
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Suburban Propane Partners, L.P. to Hold Fiscal 2023 Full Year and Fourth Quarter Results Conference Call

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Suburban Propane Partners, L.P. has scheduled its Fiscal 2023 Full Year and Fourth Quarter Results Conference Call for November 9, 2023. Analysts, investors, and interested parties can access the call via the internet or telephone.
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Suburban Renewables Sponsors Hydrogen Racing in Las Vegas

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Suburban Propane Partners, L.P. and its subsidiary, Suburban Renewable Energy, will sponsor the Horizon Hydrogen Grand Prix (H2GP) World Final in Las Vegas at the RE+ Expo. The sponsorship aims to support renewable energy education for 13-17-year-old students and promote global renewable energy commitment. Suburban Renewables will also compete in the H2GP Corporate Race at the event.
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Suburban Propane Collaborates with Sunbury Urban Farm to Provide a Bike Blender for Farm & Forest School Students

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Suburban Propane collaborates with Sunbury Urban Farm to educate children on agriculture and sustainability
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Suburban Propane Partners, L.P. Announces Third Quarter Results

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Suburban Propane and Move America Forward Unite to Support Over 1,000 Deployed Troops and Military Families

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Suburban Propane Partners, L.P. (NYSE: SPH) Supports Military Charity Move America Forward with Generous Donation of 200 Care Packages
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Suburban Propane Partners, L.P. Declares Quarterly Distribution of $0.325 per Common Unit

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Suburban Propane Partners, L.P. to Hold Fiscal 2023 Third Quarter Results Conference Call

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FAQ

What is the current stock price of Suburban Propane Partners L P (SPH)?

The current stock price of Suburban Propane Partners L P (SPH) is $17.59 as of November 15, 2024.

What is the market cap of Suburban Propane Partners L P (SPH)?

The market cap of Suburban Propane Partners L P (SPH) is approximately 1.1B.

What products and services does Suburban Propane Partners, L.P. provide?

Suburban Propane distributes propane, renewable propane, fuel oil, and other refined fuels, and markets natural gas and electricity. They also sell, install, and service heating systems, air conditioning units, and other energy-related equipment.

Where is Suburban Propane Partners, L.P. headquartered?

Suburban Propane is headquartered in Whippany, New Jersey.

How many customers does Suburban Propane serve?

Suburban Propane serves approximately 1 million residential, commercial, governmental, industrial, and agricultural customers.

What is the primary revenue-generating segment for Suburban Propane?

The primary revenue-generating segment for Suburban Propane is the Propane segment.

What are the environmental initiatives of Suburban Propane?

Suburban Propane promotes the clean-burning properties of propane and renewable propane, and invests in low carbon fuel alternatives as part of their Go Green initiative.

What recent developments have been announced by Suburban Propane?

Recent developments include the retirement of COO Steven C. Boyd and the succession plan naming Alejandro (“Alex”) Centeno as the new COO, as well as advancements in their Renewable Natural Gas (RNG) projects.

What community initiatives is Suburban Propane involved in?

Through the SuburbanCares corporate pillar, Suburban Propane engages in various community support activities, including partnerships with the American Red Cross for blood donation drives.

When was Suburban Propane Partners, L.P. established?

Suburban Propane has been in the customer service business since 1928.

How does Suburban Propane support agricultural customers?

Suburban Propane provides propane for functions such as tobacco curing, crop drying, poultry brooding, and weed control in the agricultural sector.

Where can I find more information about Suburban Propane?

For more information, visit their official website at www.suburbanpropane.com.

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Suburban Propane Partners L P

NYSE:SPH

SPH Rankings

#2434 Ranked by Market Cap
#338 Ranked by Dividends

SPH Stock Data

1.13B
64.07M
2.26%
36.01%
1.27%
Utilities - Regulated Gas
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