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Suburban Propane Partners Lp  (SPH)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 
Price: $19.4100 $-0.28 -1.422%
Day's High: $19.65 Week Perf: -7.4 %
Day's Low: $ 19.03 30 Day Perf: 0.52 %
Volume (M): 419 52 Wk High: $ 22.33
Volume (M$): $ 8,135 52 Wk Avg: $16.41
Open: $19.22 52 Wk Low: $14.42



 Market Capitalization (Millions $) 1,251
 Shares Outstanding (Millions) 64
 Employees -
 Revenues (TTM) (Millions $) 1,429
 Net Income (TTM) (Millions $) 124
 Cash Flow (TTM) (Millions $) 10
 Capital Exp. (TTM) (Millions $) 45

Suburban Propane Partners Lp
Suburban Propane Partners LP is a publicly traded master limited partnership (MLP) based in Whippany, New Jersey, which specializes in the distribution and sale of propane, fuel oil, and refined fuels. Founded in 1928, the company has over 90 years of experience in the propane industry, and it has become one of the largest propane marketing companies in the United States.

The company has a broad customer base, serving both residential and commercial customers across 41 states in the United States. With nearly 700 distribution locations, Suburban Propane has the capacity to store over 160 million gallons of propane, which it supplies to its customers through a fleet of over 4,000 delivery vehicles.

Suburban Propane generates revenue through the sale of propane and other fuels, as well as through the sale of related equipment and services, such as gas appliances, tank installations and rental, and maintenance and repair services. The company also provides emergency fuel services to customers with automatic delivery programs.

Suburban Propane has a strong focus on safety and environmental responsibility. The company maintains strict safety protocols and provides training and educational resources to its employees to ensure they are equipped to prioritize safety when handling propane and fuel products. The company also invests in renewable energy initiatives, such as developing propane-powered engines, to reduce its environmental impact.

The company has a history of successful acquisitions, including the purchase of Inergy LP in 2015. This acquisition allowed Suburban Propane to expand its propane distribution network, and it also added additional natural gas product offerings to the company's portfolio.

As a master limited partnership, Suburban Propane is structured to pass through the majority of its earnings to individual investors, making it an attractive investment option. The company relies on stable, long-term contracts with its customers to generate consistent income, and it has a history of strong financial performance.

In summary, Suburban Propane Partners LP is a leading propane marketing company, with a broad customer base, extensive distribution network, and strong focus on safety and environmental responsibility. The company's history of successful acquisitions, steady financial performance, and attractive investment structure make it a valuable player in the energy industry.


   Company Address: 240 Route 10 West Whippany 7981 NJ
   Company Phone Number: 887-5300   Stock Exchange / Ticker: NYSE SPH
   


   

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Suburban Propane Partners Lp

Suburban Propane Partners LP Faces Revenue Slide of -4.644%: Navigating Challenges in Q3 2023

Bearish Article: Suburban Propane Partners Lp Faces Challenges in the Fourth Quarter
Suburban Propane Partners Lp (SPH), a leading company in the Specialty Retail sector, has experienced a disappointing fourth quarter of 2023. The company reported a loss of $-0.32 per share, compared to a loss of $-0.82 in the same period the previous year. Not only did SPH fail to improve its financial performance from the previous quarter, but it also experienced an increased loss from $-0.08 per share.
The company's revenue contracted by -4.644% to $226.60 million from $237.63 million in the corresponding period a year ago. Sequentially, the revenue fell by a significant -18.675%, dropping from $278.63 million. This decline in top-line revenue is worrisome, especially when compared to the rest of the Specialty Retail sector, which posted a revenue gain during the same period.

Suburban Propane Partners Lp

Suburban Propane Partners Lp Discloses Widening Losses Through April-June 24, 2023 Financial Interval Amid Diminishing Demand and Revenue

Lower demand and fading revenue have led to a decrease in performance for Suburban Propane Partners LP over the past five days. The company's shares have gone down by -0.99%, bringing the year-to-date performance to -1.44%. Although the shares currently trade 3.9% above their 52-week low, the recent financial report highlights some concerning figures.
During the period from April to June 24, 2023, Suburban Propane Partners LP experienced a larger deficit per share of $-0.08, compared to the same period the previous year. This increase in deficit can be attributed to a decrease in revenue, which went down by -7.227% to $278.63 million year-on-year. In the prior quarter, the company reported revenue of $526.50 million and a bottom line of $1.62 per share.

Suburban Propane Partners Lp

Suburban Propane Partners Lp Faces Steep Decline in ROI, Facing Headwinds in Q2 2023

Suburban Propane Partners Lp (NYSE: SPH) has been experiencing a significant drop in its return on investment in the second quarter of 2023. With an ROI of just 4.63%, the company has fallen short of its own average ROI of 5.68%. This shortfall is despite a net income growth of 130.16% from the first quarter of 2022. This is a clear sign that the company is facing significant headwinds.
Moreover, within the Retail sector, there are 43 other companies that have performed better than Suburban Propane Partners Lp in terms of ROI. This indicates that the company is not keeping up with its peers in the industry. The company's overall ranking has also taken a hit, falling to 692 from its previous position of 1214 in the first quarter of 2022.
The decline in the company's profitability is evident in its financial interval ending on March 25, 2023. The company has declared a soft top and bottom-line, where EPS plummeted by -40.88%, and revenue by -10.473% YoY. This decrease has brought the revenue down to $526.50 million in proportion to $588.10 million, with EPS at $1.62 in proportion to $2.74 in the corresponding interval a previous year.
While there has been growth in income per share and revenue from the previous times, the net income has plummeted by -40.33% from $175.102 million in the corresponding period a year before. Suburban Propane Partners Lp's profitability, as seen in its operating margin, has also taken a hit, dropping to 23.87% in the previous quarter, from 32.64% in the second quarter of 2022. The net margin has also shrunk to 19.84%. Operating earnings have fallen -34.53% to $125.679 million, which has further squeezed the company's operating margin.






 

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