17-May-2024
Suburban Propane Recognized in Military Times: Best for Vets Employers Ranking
PRNewswire (Tue, 14-May 9:00 AM ET)
Analysts Offer Insights on Utilities Companies: Suburban Propane (SPH) and Fluence Energy (FLNC)
TipRanks (Tue, 14-May 7:20 AM ET)
Nevada Department of Veterans Services Honors Suburban Propane in its Patriot Employer Program
PRNewswire (Mon, 13-May 2:07 PM ET)
Suburban Propane Partners, L.P. Announces Second Quarter Results
PRNewswire (Thu, 9-May 7:30 AM ET)
PRNewswire (Wed, 8-May 9:00 AM ET)
Suburban Propane Partners, L.P. Declares Quarterly Distribution of $0.325 per Common Unit
PRNewswire (Thu, 25-Apr 8:00 AM ET)
Suburban Propane Partners, L.P. to Hold Fiscal 2024 Second Quarter Results Conference Call
PRNewswire (Wed, 24-Apr 4:30 PM ET)
PRNewswire (Wed, 10-Apr 1:24 PM ET)
Suburban Propane Partners with Crayons to Classrooms to Support "Classroom Solutions" Program
PRNewswire (Mon, 25-Mar 9:00 AM ET)
PRNewswire (Thu, 21-Mar 2:48 PM ET)
Suburban Propane Partners LP distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. The company operates in three segments: Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. It generates maximum revenue from Propane segment.
Suburban Propane Partners trades on the NYSE stock market under the symbol SPH.
As of May 17, 2024, SPH stock price climbed to $19.06 with 206,103 million shares trading.
SPH has a beta of 0.43, meaning it tends to be less sensitive to market movements. SPH has a correlation of 0.04 to the broad based SPY ETF.
SPH has a market cap of $1.22 billion. This is considered a Small Cap stock.
Last quarter Suburban Propane Partners reported $498 million in Revenue and $1.72 earnings per share. This fell short of revenue expectation by $-13 million and missed earnings estimates by -$.17.
In the last 3 years, SPH stock traded as high as $22.33 and as low as $13.83.
The top ETF exchange traded funds that SPH belongs to (by Net Assets): AMLP, MLPA, DIV, AMZA, CVY.
SPH has outperformed the market in the last year with a return of +37.8%, while the SPY ETF gained +30.7%. However, in the most recent history, SPH shares have underperformed the stock market with its stock returning -1.7% in the last 3 month period and -2.3% for the last 2 week period, while SPY has returned +6.3% and +4.8%, respectively.
SPH support price is $18.58 and resistance is $19.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPH stock will trade within this expected range on the day.