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SPH - Suburban Propane Partners LP


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Suburban Propane Partners LP logo

Suburban Propane Partners, L.P. operates as a leading provider in the retail marketing and distribution of propane, renewable propane, fuel oil, and refined fuels across the United States. Established in 1945 and headquartered in Whippany, New Jersey, the company serves a diverse customer base through its extensive network of approximately 700 locations spanning 42 states. Suburban Propane Partners operates through four distinct segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other.

The Propane segment represents a core area of expertise for Suburban Propane Partners, encompassing retail distribution for residential and commercial heating, cooking, and agricultural applications. It also includes propane's use as a motor fuel and industrial applications. The Fuel Oil and Refined Fuels segment focuses on the retail distribution of various fuels, including fuel oil, diesel, kerosene, and gasoline, primarily serving residential and commercial customers for heating purposes.

In addition to its energy distribution services, Suburban Propane Partners engages in the sale, installation, and servicing of home comfort equipment through its All Other segment. This includes a range of products such as heating systems, air cleaners, humidifiers, and space heaters, enhancing its offerings to meet diverse customer needs. The company's commitment to operational excellence and customer satisfaction underscores its position as a trusted partner in energy solutions throughout the eastern and western coasts, as well as parts of the Midwest and Alaska.

With a stromg presence in deregulated energy markets,a, particularly in New York and Pennsylvania, Suburban Propane Partners also markets natural gas and electricity to residential and commercial customers. Its comprehensive approach to energy solutions, coupled with a robust infrastructure and strategic partnerships, enables Suburban Propane Partners to deliver reliable and sustainable energy services while maintaining a steadfast commitment to environmental stewardship and community engagement.

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Stock Sector: Utilities: Gas Utilities

 

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