suburban is a nationwide marketer and distributor of a diverse array of products to meet the energy needs of our customers, specializing in propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets. in the residential and commercial markets, propane is used primarily for space heating, water heating, clothes drying and cooking. industrial customers use propane generally as a motor fuel to power over-the-road vehicles, forklifts and stationary engines, to fire furnaces, as a cutting gas and in other process applications. in the agricultural market, propane is primarily used for tobacco curing, crop drying, poultry brooding and weed control. propane is clean burning and, when consumed, produces only negligible amounts of pollutants, that's why propane is the safe, “go anywhere, do anything” green energy source for all seasons. suburban propane partners also sells, installs, and services various whole-house heating products, air cl
Company profile
Ticker
SPH
Exchange
Website
CEO
Michael Stivala
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
SUBURBAN ADK RNG, LLC • SUBURBAN LP • SUBURBAN SALES & SERVICE, INC. • GAS CONNECTION, LLC • SUBURBAN FRANCHISING, LLC • SUBURBAN ENERGY FINANCE CORP. • SUBURBAN HEATING OIL PARTNERS, LLC • AGWAY ENERGY • SUBURBAN PROPERTY HOLDINGS, LLC • SUBURBAN RENEWABLE ENERGY, LLC ...
IRS number
223410353
SPH stock data
Latest filings (excl ownership)
8-K
Fiscal 2024 Second Quarter Results Conference Call
24 Apr 24
ARS
2023 FY
Annual report to shareholders
25 Mar 24
DEFA14A
Additional proxy soliciting materials
25 Mar 24
DEF 14A
Definitive proxy
25 Mar 24
8-K
Announces Refinancing of Revolving Credit Facility
18 Mar 24
10-Q
2024 Q1
Quarterly report
8 Feb 24
8-K
Announces First Quarter Results
8 Feb 24
8-K
Suburban Propane Partners, L.P. to Hold 2024 Tri-Annual Meeting
26 Jan 24
8-K
Suburban Propane Partners, L.P. Declares
25 Jan 24
8-K
Fiscal 2024 First Quarter Results Conference Call
24 Jan 24
Transcripts
SPH
Earnings call transcript
2024 Q1
8 Feb 24
SPH
Earnings call transcript
2023 Q4
9 Nov 23
SPH
Earnings call transcript
2023 Q3
3 Aug 23
SPH
Earnings call transcript
2023 Q2
4 May 23
SPH
Earnings call transcript
2023 Q1
2 Feb 23
SPH
Earnings call transcript
2022 Q4
10 Nov 22
SPH
Earnings call transcript
2022 Q3
4 Aug 22
SPH
Earnings call transcript
2022 Q2
5 May 22
SPH
Earnings call transcript
2022 Q1
3 Feb 22
SPH
Earnings call transcript
2021 Q4
11 Nov 21
Latest ownership filings
4
Michael A Schueler
8 Mar 24
4
Craig Palleschi
8 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
144
Notice of proposed sale of securities
6 Mar 24
4
Douglas Brinkworth
1 Mar 24
144
Notice of proposed sale of securities
27 Feb 24
4
Neil Scanlon
15 Feb 24
144
Notice of proposed sale of securities
13 Feb 24
SC 13G
ALPS ADVISORS INC
5 Feb 24
4/A
MICHAEL A STIVALA
3 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 14.07 mm | 14.07 mm | 14.07 mm | 14.07 mm | 14.07 mm | 14.07 mm |
Cash burn (monthly) | 1.54 mm | (no burn) | 6.87 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 10.57 mm | n/a | 47.04 mm | n/a | n/a | n/a |
Cash remaining | 3.51 mm | n/a | -32.96 mm | n/a | n/a | n/a |
Runway (months of cash) | 2.3 | n/a | -4.8 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
5.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 37 |
Opened positions | 4 |
Closed positions | 6 |
Increased positions | 12 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 56.12 bn |
Total shares | 3.62 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
JPM JPMorgan Chase & Co. | 1.32 mm | $21.12 bn |
Bowen Hanes & Co | 790.00 k | $12.68 bn |
GS Goldman Sachs | 716.37 k | $11.50 bn |
Foundry Partners | 233.62 k | $3.75 bn |
BNP Paribas Arbitrage | 209.65 k | $3.36 bn |
Old Mission Capital | 117.05 k | $1.88 bn |
Janney Montgomery Scott | 49.68 k | $797.00 k |
BCS Barclays | 48.92 k | $785.00 k |
Jump Financial | 20.60 k | $330.63 mm |
Neuberger Berman | 20.00 k | $321.00 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Mar 24 | Craig Palleschi | Common Units (representing limited partnership interests) | Sell | Dispose S | No | No | 21.19 | 950 | 20.13 k | 22,451 |
6 Mar 24 | Michael A Schueler | Common Units (representing limited partnership interests) | Sell | Dispose S | No | No | 21.08 | 20,000 | 421.60 k | 30,552 |
29 Feb 24 | Douglas Brinkworth | Common Units (representing limited partnership interests) | Sell | Dispose S | No | No | 20.51 | 5,000 | 102.55 k | 158,659 |
13 Feb 24 | Neil Scanlon | Common Units (representing limited partnership interests) | Sell | Dispose S | No | No | 19.33 | 26,000 | 502.58 k | 162,129 |
2 Jan 24 | Michael A Stivala | Common Units (representing limited partnership interests) | Sell | Dispose S | No | Yes | 17.365 | 45,000 | 781.42 k | 288,291 |
News
Growing Earnings, Ensuring Investor Value: Suburban Propane Partners Adjusts Dividends with Consistent Growth
13 Feb 24
Suburban Propane Partners Q1 EPS $0.38 Misses $0.63 Estimate, Sales $365.83M Beat $365.00M Estimate
8 Feb 24
Earnings Scheduled For February 8, 2024
8 Feb 24
Suburban Propane Partners Earnings Preview
7 Feb 24
Mizuho Downgrades Suburban Propane Partners to Underperform, Raises Price Target to $17
29 Jan 24
Press releases
Suburban Propane Partners, L.P. to Hold Fiscal 2024 Second Quarter Results Conference Call
24 Apr 24
Suburban Propane Supports Anaheim Ducks' Green Night on April 9th with Donation to Anaheim Ducks Foundation
10 Apr 24
Suburban Propane Partners with Crayons to Classrooms to Support "Classroom Solutions" Program
25 Mar 24
Suburban Propane and American Red Cross Partner with Sickle Cell Disease Association of Illinois to Boost Sickle Cell Awareness in Chicago
21 Mar 24
Suburban Propane Partners, L.P. Announces Refinancing of Revolving Credit Facility
18 Mar 24