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SPH — Suburban Propane Partners News Story

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EnergyBalancedMid CapSuper Stock

Suburban Propane Q4 net loss narrows on higher demand, margin management

Overview

Suburban Propane Q4 net loss narrows to $35.1 mln from $44.6 mln last year

Adjusted EBITDA for Q4 slightly down from last year

Retail propane gallons sold in Q4 increased 1.8% yr/yr

Outlook

Company did not provide specific guidance for future periods

Result Drivers

INCREASED PROPANE DEMAND - Strong propane demand driven by cold weather and hurricanes boosted volumes by 5.9%

MARGIN MANAGEMENT - Effective margin management during rising commodity prices contributed to EBITDA growth

STRATEGIC INITIATIVES - Acquisitions and renewable energy investments supported long-term growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 EPS-$0.53
Q4 Net Income-$35.14 mln
Q4 Adjusted EBITDA$664,000
Q4 EBITDA$1.22 mln
Q4 Operating Income-$16.76 mln
Q4 Pretax Profit-$34.59 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the oil & gas refining and marketing peer group is "buy" Wall Street's median 12-month price target for Suburban Propane Partners LP is $17.00, about 10.2% below its November 12 closing price of $18.73 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago Press Release: ID:nPn9ZhP1Va For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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