Suburban Propane Partners LP (N:SPH)

Business Focus: Oil & Gas Refining and Marketing

Sector:  Energy Industry:  Oil & Gas Refining and Marketing
 
See Regulatory Filings on SEC
Company Contact
Address: 240 Route 10 West One Suburban Plz
PO Box 206
WHIPPANY NJ 07981-0206
Tel: N/A
Website: https://www.suburbanpropane.com
IR: See website
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Key People
Matthew J. Chanin
Independent Chairman of the Supervisory Board
Bryon Lee Koepke
Vice President, General Counsel, Secretary
Michael A. Stivala
President, Chief Executive Officer, Member of the Supervisory Board
Michael A. Kuglin
Chief Financial Officer
Steven C. Boyd
Chief Operating Officer
Douglas T. Brinkworth
Senior Vice President - Product Supply, Purchasing & Logistics
Neil E. Scanlon
Senior Vice President - Information Services
Daniel S. Bloomstein
Chief Accounting Officer, Controller
Alejandro Centeno
Vice President - Operations
Keith P. Onderdonk
Vice President - Operational Support
   
Business Overview
Suburban Propane Partners, L.P. is 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. The Company's segments include propane, fuel oil and refined fuels, natural gas and electricity, and all other. The propane segment is engaged in the retail distribution of propane and renewable propane to residential, commercial, industrial, agricultural and government customers and, to a lesser extent, wholesale distribution to large industrial end users. The fuel oil and refined fuels segment is engaged in the retail distribution of fuel oil, diesel, kerosene and gasoline. The natural gas and electricity segment is engaged in the marketing of natural gas and electricity to residential and commercial customers in the deregulated energy markets of New York and Pennsylvania. The all other segment includes its service business.
Financial Overview
For the 26 weeks ended 30 March 2024, Suburban Propane Partners LP revenues decreased 6% to $863.9M. Net income decreased 9% to $136M. Revenues reflect Propane segment decrease of 6% to $750.9M, Fuel Oil and Refined Fuels segment decrease of 19% to $55.5M, Natural Gas and Electricity segment decrease of 26% to $15.2M. Net income also reflects Corporate segment loss increase of 15% to $69.3M.
Employees: 3,240 as of Sep 30, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $2,411M as of Mar 30, 2024
Annual revenue (TTM): $1,369M as of Mar 30, 2024
EBITDA (TTM): $270.67M as of Mar 30, 2024
Net annual income (TTM): $109.84M as of Mar 30, 2024
Free cash flow (TTM): $52.88M as of Mar 30, 2024
Net Debt Last Fiscal Year: $1,208M as of Mar 30, 2024
Shares outstanding: 64,045,887 as of May 6, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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