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Suburban Propane Partners, L.P. (SPH)

44.47 Down 0.28(0.63%) Aug 29, 4:05PM EDT
|After Hours : 44.47 0.00 (0.00%) Aug 29, 5:07PM EDT
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Suburban Propane Partners, L.P.
240 Route 10 West
Whippany, NJ 07981
United States - Map
Phone: 973-887-5300

Index Membership:N/A
Industry:Gas Utilities
Full Time Employees:3,933

Business Summary 

Suburban Propane Partners, L.P., through its subsidiaries, is engaged in the retail marketing and distribution of propane, fuel oil, and refined fuels. Its 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. This segment 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 and as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. The company’s Fuel Oil and Refined Fuels segment is involved 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. Its 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 company also sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, hearth products, and space heaters. As of November 14, 2013, it served approximately 1.2 million residential, commercial, industrial, and agricultural customers primarily in the east and west coast regions of the United States, including 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.

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Key Executives 
Mr. Michael J. Dunn Jr., 65
Chief Exec. Officer and Member of Supervisory Board
Mr. Michael A. Stivala , 45
Mr. Mark Wienberg , 52
Chief Operating Officer
Mr. Douglas T. Brinkworth , 53
Sr. VP of Product Supply, Purchasing & Logistics
Mr. Steven C. Boyd , 50
Sr. VP of Field Operations
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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