Star Group

Star Group LP engages in the provision and distribution of home heating oil, propane, and related services to residential and commercial customers. It also sells diesel fuel, gasoline, and home heating oil on a delivery only basis. The company was founded on October 16, 1995 and is headquartered in Stamford, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Star Group (SGU) reports resilient Q1 performance amidst market challenges

Star Group (SGU) demonstrated resilience and growth in Q1 2023, overcoming challenges posed by unusual weather conditions and operating cost increases. The company's strategic acquisitions and strong financial performance underscore its competitive strength and market potential.
While facing challenges such as non-cash charges for derivative instruments and fluctuations in customer gains, Star Group remains focused on optimizing its operations and capital allocation strategies. The opportunities for market expansion and enhanced customer relationships position the company for future growth and profitability.
With a solid performance in customer acquisition, product gross profit, and operational efficiency, Star Group is well-positioned to navigate market dynamics and capitalize on strategic opportunities for sustainable growth and value creation.

Star Group (SGU) maintains stability amidst weather challenges in Q2

Star Group (SGU) navigated challenges from warm weather impact in Q2 2023, maintaining stable EBITDA and demonstrating resilience. Despite lower net income, the company's active buyback program and focus on customer retention are strengths. Addressing weather-related challenges and optimizing financial strategies present opportunities for future growth.

Star Group reports Q3 loss, eyes acquisitions and customer retention

Star Group faced weather-related challenges in Q3 2023, resulting in a net loss of $24 million. Despite this, the company maintains a strong liquidity position and is focused on cost reduction, customer service, and growth opportunities through acquisitions and customer retention strategies.

Star Group reports solid Q4 earnings, eyes growth amid challenges

Star Group's Q4 2023 performance showcased resilience in managing costs and improving margins despite challenges in product demand.
The company's strategic acquisitions and focus on profitability position it well for future growth opportunities and market expansion.
While facing some headwinds, Star Group's ability to adapt and maintain financial stability underscores its strength in navigating market fluctuations.

Star Group (SGU) reports stable Q1 earnings amidst acquisition focus

Star Group (SGU) navigated challenges in Q1 2024 with lower demand and weather impacts but maintained stable adjusted EBITDA. The company's focus on customer service, successful acquisitions, and strategic evaluation of opportunities position it for growth despite market challenges.

Star Group (SGU) maintains EBITDA amidst volume challenges in Q2

Star Group (SGU) faced challenges in Q2 2024 with volume declines and weather impacts, but maintained adjusted EBITDA and saw an increase in net income.
Strategic acquisitions and service profitability focus were highlighted as key strengths, positioning the company for future growth.
The company acknowledged challenges and outlined opportunities for managing risks and driving performance in the upcoming fiscal year.

Star Group (SGU) reports improved Q3 performance and strategic acquisitions

Star Group demonstrated improved financial performance and operational resilience in Q3 2024 despite challenges in the heating oil market.
Strategic acquisitions and volume growth initiatives have positioned the company for continued success and market expansion.
While facing some revenue challenges, Star Group's focus on efficiency and growth opportunities bodes well for future performance.

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STAMFORD, Conn., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today declared its quarterly distribution of $0.1725 per common unit for the three months ended September 30, 2024.

Star Group, L.P. Declares Quarterly Distribution of 17.25 Cents per Unit

Star Group, L.P. is undervalued, with significant growth potential from smart pay budget plans, strategic acquisitions, and customer satisfaction initiatives. SGU's expertise in derivative instruments and long-term supplier contracts enhances its negotiation power and free cash flow growth prospects. The company's focus on reducing greenhouse emissions and offering biodiesel products positions it well for future renewable energy market growth.

Star Group's Growth Strategies: Cheap Valuation, Pricing, And Acquisitions

Maintaining our bullish rating on Star Group, shares have risen over $1 since Q3 earnings, signaling strong technicals with a golden cross formation. Q3 earnings showed growth in volumes and gross margin, leading to an improved adjusted EBITDA loss of $4 million. Despite above-average temperatures, Star Group's core fundamentals and profitability remain robust, unaffected by rising temperatures.

Star Group: Upside Still On The Table In This US Energy Play

Star Group, L.P. (NYSE:SGU ) Q3 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Chris Witty - IR Adviser Jeff Woosnam - President and CEO Rich Ambury - CFO Conference Call Participants Operator Good day, and welcome to Star Group's Fiscal Third Quarter 2024 Earnings Call.

Star Group, L.P. (SGU) Q3 2024 Earnings Call Transcript

Star Group's (SGU) Q3 earnings gain from higher home heating oil and propane sales due to acquisitions and increased petroleum prices.

Star Group (SGU) Q3 Earnings Rise Y/Y on Higher Sales Volumes

STAMFORD, Conn., July 31, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced financial results for its fiscal 2024 third quarter, the three month period ended June 30, 2024.

Star Group, L.P. Reports Fiscal 2024 Third Quarter Results

STAMFORD, Conn., July 18, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today declared its quarterly distribution of $0.1725 per common unit for the three months ended June 30, 2024.

Star Group, L.P. Declares Quarterly Distribution to 17.25 Cents Per Unit

Discover why Zacks, being the first one on Wall Street to initiate coverage on the stock, rates Star Group as "Neutral." Explore how strategic acquisitions, dividend growth and resilient financial maneuvers position SGU in a competitive market despite facing headwinds from industry challenges.

Zacks Initiates Star Group Coverage With Neutral Recommendation

Star Group, L.P. (NYSE:SGU ) Q2 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Chris Witty - Investor Relations Adviser Jeff Woosnam - President and CEO Rich Ambury - Chief Financial Officer Conference Call Participants Tim Mullen - Laurelton Management Michael Prouting - 10K Capital Operator Good day, and welcome to the Star Group Fiscal 2024 Second Quarter Results Conference Call.

Star Group, L.P. (SGU) Q2 2024 Earnings Call Transcript

STAMFORD, Conn., May 01, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the “Company” or “Star”) (NYSE:SGU), a home energy distributor and services provider, today announced financial results for its fiscal 2024 second quarter, the three month period ended March 31, 2024.

Star Group, L.P. Reports Fiscal 2024 Second Quarter Results

Star Group's stock has experienced a negative return of at least 10%+ since our 'Buy' recommendations in 2023. Despite the negative returns, we are maintaining our 'Buy' rating on Star Group due to a keen valuation, well covered yield and robust free-cash-flow numbers. The company's second quarter numbers are expected to be announced in early May.

Star Group: Shares Remain Undervalued As We Approach Upcoming Q1 Earnings Release

STAMFORD, Conn., April 26, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the “Company” or “Star”) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2024 second quarter results after the close of trading on May 1, 2024. Members of Star's management team will host a webcast and conference call at 11:00 a.m. Eastern Time the following day, May 2, 2024, to review the three months ended March 31, 2024.

Star Group, L.P. to Host Fiscal 2024 Second Quarter Webcast and Conference Call May 2, 2024

STAMFORD, Conn., April 18, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced that it has increased its quarterly distribution for the three months ended March 31, 2024 to $0.1725 per common unit from $0.1625 per common unit.

Star Group, L.P. Increases Quarterly Distribution to 17.25 Cents per Unit

Star Group, L.P. (SGU) Q1 2024 Earnings Call Transcript

STAMFORD, Conn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced financial results for its fiscal 2024 first quarter, the three month period ended December 31, 2023.

Star Group, L.P. Reports Fiscal 2024 First Quarter Results

STAMFORD, Conn., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the “Company” or “Star”) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2024 first quarter results after the close of trading on February 7, 2024. Members of Star's management team will host a webcast and conference call at 11:00 a.m. Eastern Time the following day, February 8, 2024, to review the three months ended December 31, 2023.

Star Group, L.P. to Host Fiscal 2024 First Quarter Webcast and Conference Call February 8, 2024

STAMFORD, Conn., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today declared its quarterly distribution of $0.1625 per common unit for the three months ended December 31, 2023.

Star Group, L.P. Declares Quarterly Distribution of 16.25 Cents per Unit

STAMFORD, Conn., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced financial results for the fiscal 2023 fourth quarter and year ended September 30, 2023.

Star Group, L.P. Reports Fiscal 2023 Fourth Quarter Results

Star Group's cash position, shareholder equity, and debt position have improved compared to the previous year. The long-term chart shows successful support testing and a potential bullish trend continuation. Buying volume has been higher than selling volume in recent months, indicating a bottoming or continuation pattern and potential upside in share price.

Star Group: Bullish Technicals Continue To Point To A Rising Share Price (Technical Analysis)

STAMFORD, Conn., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Star Group, L.P. (the “Company” or “Star”) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2023 fourth quarter and year end results after the close of trading on December 6, 2023. Members of Star's management team will host a webcast and conference call at 11:00 a.m. Eastern Time the following day, December 7, 2023, to review the three and twelve months ended September 30, 2023.

Star Group, L.P. to Host Fiscal 2023 Fourth Quarter Webcast and Conference Call December 7, 2023

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A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.

Dividend Champion, Contender, And Challenger Highlights: Week Of October 15

STAMFORD, Conn., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced it has completed the purchase of a privately-held propane company for approximately $18.4 million. The entity, with operations in Long Island, will enhance the Company's footprint across the area. Additional terms were not disclosed.

Star Group Announces Completion of Large Propane Acquisition

Star Group, L.P. (NYSE:SGU ) Q3 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Chris Witty - Investor Relations Adviser Jeff Woosnam - President and CEO Rich Ambury - Chief Financial Officer Conference Call Participants Operator Good day.

Star Group, L.P. (SGU) Q3 2023 Earnings Call Transcript

STAMFORD, Conn., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced financial results for its fiscal 2023 third quarter ended June 30, 2023.

Star Group, L.P. Reports Fiscal 2023 Third Quarter Results

STAMFORD, Conn., July 28, 2023 (GLOBE NEWSWIRE) -- Star Group, L.P. (the “Company” or “Star”) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2023 third quarter results after the close of trading on August 2, 2023. Members of Star's management team will host a webcast and conference call at 11:00 a.m. Eastern Time the following day, August 3, 2023, to review the three and nine months ended June 30, 2023.

Star Group, L.P. to Host Fiscal 2023 Third Quarter Webcast and Conference Call August 3, 2023

News for Star Group Stock (SGU)