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 |
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 |