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Suburban Propane Partners, L.P. SPH NYSE

NYSE • Utilities • Regulated Gas • US • USD

SharesGrow Score
52/100
2/7 Pass
SharesGrow Intrinsic Value
$43.33
+120.8%
Analyst Price Target
$21.00
+7%

Suburban Propane Partners, L.P. (SPH) is a publicly traded company in the Utilities sector, operating within the Regulated Gas industry. The company is headquartered in Whippany, NJ, United States. The current CEO is Michael A. Stivala.

SPH has IPO date of 1996-02-29, 3,098 full-time employees, listed on the NYSE, a market capitalization of $1.3B.

About Suburban Propane Partners, L.P.

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.

📍 240 Route 10 West, Whippany, NJ 07981-0206 📞 973 887 5300
Company Details
SectorUtilities
IndustryRegulated Gas
CountryUnited States
ExchangeNYSE
CurrencyUSD
IPO Date1996-02-29
CEOMichael A. Stivala
Employees3,098
Trading Info
Current Price$19.63
Market Cap$1.3B
52-Week Range17.3-21.21
Beta0.40
ETFNo
ADRNo
CUSIP864482104
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