SPH - Suburban Propane Partners, L.P.

NYSE - NYSE Delayed Price. Currency in USD

24.33

+0.02 (+0.08%)

At close: 4:02PM EDT

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Previous Close	24.31
Open	24.19
Bid	0.00 x 900
Ask	0.00 x 1100
Day's Range	24.05 - 24.41
52 Week Range	21.85 - 27.05
Volume	265,227
Avg. Volume	171,276

Market Cap	1.494B
Beta	0.69
PE Ratio (TTM)	23.67
EPS (TTM)	1.03
Earnings Date	Nov 14, 2018 - Nov 19, 2018
Forward Dividend & Yield	2.40 (10.57%)
Ex-Dividend Date	2018-08-06
1y Target Est	26.50

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News

Press Releases

PR Newswire10 days ago
Suburban Propane Partners, L.P. Announces Third Quarter Earnings
WHIPPANY, N.J. , Aug. 9, 2018 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural ...
ACCESSWIRE10 days ago
Suburban Propane Partners, L.P. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / August 9, 2018 / Suburban Propane Partners, L.P. (NYSE: SPH ) will be discussing their earnings results in their Q3 Earnings Call to be held on August 9, 2018 at 9:00 AM Eastern ...
Market Realist12 days ago
Top MLP Losses in the Week Ending August 3
Hi-Crush Partners (HCLP), which was the top MLP gainer in the week ending July 27 with massive week-over-week gains of 40.6%, saw some profit-booking last week following its second-quarter earnings announcement and management’s plans to change its corporate structure. To learn more, read Hi-Crush Partners’ Sand Volumes Rose 16% in Q2 2018.
GlobeNewswire23 days ago
Recent Analysis Shows Ameriprise Financial, Covenant Transportation Group, Popular, Suburban Propane Partners, AAC, and Regeneron Pharmaceuticals Market Influences — Renewed Outlook, Key Drivers of Growth
NEW YORK, July 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ameriprise ...
PR Newswire24 days ago
Suburban Propane Partners, L.P. Declares Quarterly Distribution of $0.60 per Common Unit
WHIPPANY, N.J. , July 26, 2018 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural ...
PR Newswire27 days ago
Suburban Propane Partners, L.P. to Hold Fiscal 2018 Third Quarter Results Conference Call
WHIPPANY, N.J. , July 23, 2018 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural ...
Moody'slast month
Suburban Propane Partners, L.P. -- Moody's changes Suburban Propane's outlook to stable from negative
Moody's Investors Service, ("Moody's") changed Suburban Propane Partners, L.P.'s (Suburban) outlook to stable from negative and affirmed its Ba3 Corporate Family Rating (CFR), B1 senior notes rating, and SGL-3 Speculative Grade Liquidity Rating. "Suburban Propane's leverage and distribution coverage could continue improving in 2018-19 because of the increased EBITDA contribution from its propane distribution operations," said Arvinder Saluja, Moody's Vice President.
Market Realistlast month
APU, SPH, and FGP: Analysts’ Recommendations
Of the eight analysts surveyed by Reuters covering AmeriGas Partners (APU), only one rated the stock as a “buy.” Four analysts rated the stock as a “hold” and three analysts rated it as a “sell.” The median target price for AmeriGas Partners is $44, which implies an upside potential of ~5% from AmeriGas Partners’ current price of $42.02.
Market Realistlast month
Gauging Institutional Investors’ Interest in Propane Companies
UGI (UGI) holds 25.6% of AmeriGas Partners’ (APU) outstanding shares. UGI is AmeriGas Partners’ general partner. OppenheimerFunds, Energy Income Partners, and City National Rochdale hold 4.1%, 3.4%, and 1.6%, respectively, of AmeriGas Partners’ outstanding shares. OppenheimerFunds, Energy Income Partners, and City National Rochdale added 52,655, 59,083, and 21,320 AmeriGas Partners shares to their positions, respectively, according to the latest filings.
Market Realistlast month
Ferrellgas Partners’ Leverage Is a Key Concern
Ferrellgas Partners’ (FGP) net debt-to-adjusted EBITDA ratio stood at ~9.9x at the end of fiscal 2017—much higher than desired. Ferrellgas Partners’ Bridger Logistics acquisition in 2015 added to its debt burden. At the same time, issues in Ferrellgas Partners’ midstream business restricted its EBITDA growth and increased its leverage.
Market Realistlast month
APU, FGP, SPH, and SGU: What Do Earnings Trends Indicate?
AmeriGas Partners (APU) lowered its adjusted EBITDA guidance range for the fiscal year ending September 30 from $650 million–$690 million to $625 million–$645 million. The company’s adjusted EBITDA for fiscal 2017 was $551 million.
Market Realistlast month
APU, SPH, and FGP Are Trading at Yields Higher than 9%
Currently, propane MLPs are trading at high yields. AmeriGas Partners (APU), Suburban Propane Partners (SPH), and Ferrellgas Partners (FGP) are trading at yields of 9.1%, 10.3%, and 11.9%, respectively. A fall in their stock prices pushed the yields higher.
Market Realistlast month
APU, FGP, SPH, and SGU: Propane Companies Are in the Red
Propane distribution companies, apart from Ferrellgas Partners (FGP), have broadly followed the fall in midstream MLPs in 2018. Despite decent volumes and earnings growth, along with some balance sheet improvement, propane distribution companies’ stocks are in the red in 2018. In this series, we’ll analyze propane companies’ performance, financial metrics, and growth prospects.
Simply Wall St.2 months ago
What You Must Know About Suburban Propane Partners LP’s (NYSE:SPH) 10.12% ROE
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning the link between Suburban Propane Partners LP (NYSE:SPH)’sRead More...
PR Newswire3 months ago
Suburban Propane Partners, L.P. Announces Results from Tri-Annual Meeting of Unitholders
WHIPPANY, N.J., May 16, 2018 /PRNewswire/ -- Suburban Propane Partners, L.P. (SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced the results from its 2018 Tri-Annual Meeting of Unitholders held on May 15, 2018.
Thomson Reuters StreetEvents3 months ago
Edited Transcript of SPH earnings conference call or presentation 10-May-18 1:00pm GMT
Q2 2018 Suburban Propane Partners LP Earnings Call
PR Newswire3 months ago
Suburban Propane Partners, L.P. Announces Second Quarter Earnings
WHIPPANY, N.J., May 10, 2018 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural ...
PR Newswire3 months ago
Alerian Reports March 31, 2018 Index Linked Product Positions
DALLAS , May 7, 2018 /PRNewswire/ -- Alerian reported index linked product positions of $13.5 billion as of March 31, 2018 . Linked products include exchange-traded funds, exchange-traded notes, return ...
PR Newswire4 months ago
Suburban Propane Partners, L.P. to Hold Fiscal 2018 Second Quarter Results Conference Call
WHIPPANY, N.J. , April 26, 2018 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of ...
PR Newswire4 months ago
Suburban Propane Partners, L.P. Declares Quarterly Distribution of $0.60 per Common Unit
WHIPPANY, N.J. , April 26, 2018 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of ...
Motley Fool4 months ago
Better Buy: Ferrellgas Partners, L.P. vs. Suburban Propane Partners, L.P.
Results are improving for these two high yield limited partnerships, but one has less baggage.
PR Newswire5 months ago
Suburban Propane Partners, L.P. Celebrating 90 Years of Leadership, Innovation and Dedicated Service to Local Communities Nationwide
Since the concept of using propane as a portable heating source was born in 1928 by its visionary founder in a small New Jersey town, Suburban Propane and its predecessor companies have been committed to delivering outstanding customer service to the communities served. In 1945, under the name Suburban Propane Gas Corporation, Suburban Propane became the first stock exchange listed public propane distributor in the United States. After several transformations, Suburban Propane again emerged as a publicly-traded Master Limited Partnership ("MLP") listed on the New York Stock Exchange in 1996, and today is one of the oldest existing MLPs.
Motley Fool5 months ago
3 Dividend Stocks That Are Too Unsafe
Today, these three stocks don't offer the security of a long-term dividend investment.
Market Realist5 months ago
Wall Street Analysts Aren’t So Bullish on Ferrellgas Partners
Ferrellgas Partners (FGP) stock has fallen 38% over the last year. In comparison, Suburban Propane Partners (SPH) has fallen 4%, Star Group (SGU) has risen 3%, and AmeriGas Partners (APU) has fallen 9% in the same period. Ferrellgas Partners has fallen 15% year-to-date.
Market Realist5 months ago
Ferrellgas Partners’ Earnings Rose 15% in Fiscal 2Q18
On March 8, 2018, Ferrellgas Partners (FGP) reported its fiscal 2Q18 results. The margins, however, were slightly lower due to aggressive competition to win customers. Ferrellgas Partners’ distributable cash flow for fiscal 2Q18 rose to $79.2 million from $68.9 million in the year-ago quarter.