SPH

Suburban Propane Partners, L.P. NYSE

Utilities ·Regulated Gas ·US · suburbanpropane.com

$19.40

Mkt Cap $1.3B

52w Low $17.30 60.0% of range 52w High $20.80

50d MA $20.01 200d MA $19.14

P/E (TTM) 12.1x

EV/EBITDA 9.9x

P/B 2.2x

Debt/Equity 2.2x

ROE 21.2%

P/FCF 10.6x

RSI (14) —

ATR (14) —

Beta 0.40

50d MA $20.01

200d MA $19.14

Avg Volume 124.2K

About

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company operates in four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane to residential, commercial, industrial, and agricultural cust… Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company operates in four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The 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. It 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, as a cutting gas to the industrial customers, and in other process applications; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. The Fuel Oil and Refined Fuels segment engages 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. The 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 All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 25, 2021, the company served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 41 states primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and 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.

Recent Earnings

Date	Time	Est	Rptd	Surp	Base	Gap%	D1%	D2%	D3%	D4%	D5%	Guide ▲★
Feb 5, 2026	AMC	0.53	0.69	+30.2%	20.13	-0.9%	-1.9%	-0.4%	-0.4%	-0.4%	-0.6%	—
Nov 13, 2025	AMC	-0.51	-0.62	-21.6%	19.04	-0.3%	+2.1%	-1.3%	-2.2%	-2.6%	-1.8%	—
Aug 7, 2025	AMC	-0.51	-0.23	+54.9%	17.47	+0.2%	+2.2%	+2.7%	+5.3%	+7.1%	+6.4%	—
May 8, 2025	AMC	2.18	2.10	-3.7%	18.87	+1.4%	+0.2%	+1.6%	+3.1%	+2.1%	+2.9%	—
Feb 6, 2025	AMC	0.68	0.30	-55.9%	20.74	+0.2%	+1.7%	+3.0%	+2.2%	+2.3%	+3.5%	—
Nov 14, 2024	AMC	-0.47	-0.69	-46.8%	17.09	+0.0%	+2.9%	+4.4%	+5.3%	+4.3%	+6.2%	—
Aug 8, 2024	AMC	-0.17	-0.27	-58.8%	16.92	-0.1%	+0.5%	-1.5%	-1.5%	-1.0%	+0.9%	—
May 9, 2024	AMC	1.89	1.72	-9.0%	19.65	+0.0%	-5.2%	-6.2%	-2.6%	-4.4%	-3.6%	—
Feb 8, 2024	AMC	0.63	0.38	-39.7%	19.85	+0.1%	-1.9%	-1.0%	-5.0%	-2.7%	-0.6%	—
Nov 9, 2023	AMC	-0.45	-0.33	+26.7%	16.52	+0.0%	+2.0%	+4.4%	+2.2%	+3.2%	+3.8%	—
Aug 3, 2023	AMC	-0.08	-0.08	+0.0%	14.62	+0.3%	+0.5%	+2.1%	+1.2%	+0.7%	+1.1%	—
May 4, 2023	AMC	1.93	1.62	-16.1%	14.59	+0.8%	+4.5%	+3.4%	+3.8%	+4.3%	+4.0%	—

Recent Analyst Ratings

Date	Firm	Action	Grade	Target	Base	Open	Gap%	D1%	D2%	D3%	D4%	D5%
Aug 30	Wells Fargo	Downgrade	Equal Weight → Underweight	—	$17.67	$17.50	-1.0%	-1.0%	-2.0%	-1.0%	-1.5%	-0.4%
Jun 10	Argus	Maintains	Buy → Buy	—	$20.84	$20.80	-0.2%	+1.9%	+0.4%	-0.7%	+0.8%	-4.2%
Jan 29	Mizuho	Downgrade	Neutral → Underperform	—	$19.90	$19.46	-2.2%	-2.7%	+0.7%	-0.4%	-0.2%	+1.2%
Jun 29	Mizuho	Maintains	Neutral → Neutral	—	$14.71	$14.65	-0.4%	+0.7%	+0.6%	+0.2%	+0.4%	+0.4%
Apr 26	Mizuho	Maintains	Neutral → Neutral	—	$15.54	$15.51	-0.2%	-1.3%	+0.6%	+1.2%	-1.4%	-2.4%
Nov 17	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$15.88	$15.74	-0.9%	-1.0%	+0.1%	+0.9%	+0.4%	+2.3%
Apr 28	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$16.61	$16.83	+1.3%	+1.0%	+1.1%	+0.4%	+1.4%	+4.0%
Dec 16	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$14.24	$14.42	+1.3%	-0.5%	-1.2%	-1.0%	-1.5%	-1.4%
May 13	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$14.55	$14.46	-0.6%	+0.7%	+2.2%	+1.9%	+0.6%	+0.6%
Mar 26	Argus	Upgrade	Hold → Buy	—	$14.85	$15.01	+1.1%	+1.4%	+1.3%	+1.0%	-0.2%	+1.2%
Oct 21	Argus	Upgrade	Sell → Hold	—	$16.03	$16.39	+2.2%	+4.4%	+9.3%	+12.9%	+11.9%	+8.5%
Oct 20	Raymond James	Maintains	Outperform → Outperform	—	$16.07	$16.29	+1.4%	-0.2%	+4.1%	+9.0%	+12.6%	+11.6%
Jul 22	Wells Fargo	Maintains	Equal Weight → Equal Weight	—	$14.67	$14.67	+0.0%	+1.6%	-8.1%	-7.2%	-9.3%	-11.5%
May 8	Raymond James	Maintains	Outperform → Outperform	—	$12.98	$13.35	+2.9%	+7.7%	+7.5%	+6.0%	+4.9%	+4.3%
Feb 11	Argus	Downgrade	Hold → Sell	—	$21.71	$21.75	+0.2%	-0.6%	-0.8%	-0.9%	-0.5%	-1.8%
Mar 19	JP Morgan	Downgrade	Neutral → Underweight	—	$23.80	$23.38	-1.8%	-0.2%	-2.9%	-3.2%	-4.5%	-5.0%
Mar 19	JP Morgan	Maintains	Underweight → Underweight	—	$23.80	$23.38	-1.8%	-0.2%	-2.9%	-3.2%	-4.5%	-5.0%
Mar 2	UBS	Maintains	Neutral → Neutral	—	$23.67	$23.51	-0.7%	-0.5%	+0.1%	-0.4%	-0.2%	+0.2%
Jul 27	Citigroup	Upgrade	Neutral → Buy	—	$25.13	$25.65	+2.1%	+0.7%	-2.6%	-3.3%	-2.1%	-3.2%
Feb 15	Stifel Nicolaus	Downgrade	Buy → Hold	—	$28.74	$28.17	-2.0%	-1.3%	-3.4%	-4.7%	-9.1%	-10.9%
Feb 15	Stifel	Downgrade	Buy → Hold	—	$28.74	$28.17	-2.0%	-1.3%	-3.4%	-4.7%	-9.1%	-10.9%
Oct 13	Stifel	Upgrade	Hold → Buy	—	$31.94	$32.44	+1.6%	+0.9%	+2.8%	+4.2%	+5.5%	+6.1%
Jun 10	UBS	Downgrade	Buy → Neutral	—	$34.85	$34.20	-1.9%	-6.3%	-8.6%	-9.3%	-8.3%	-10.1%
May 20	Citigroup	Downgrade	Buy → Neutral	—	$32.76	$32.28	-1.5%	+0.2%	+0.0%	+0.9%	+2.4%	+5.4%
Mar 18	Stifel Nicolaus	Downgrade	Buy → Hold	—	$29.84	$29.50	-1.1%	+0.9%	-0.2%	+0.1%	-1.8%	+0.6%
Mar 18	Stifel	Downgrade	Buy → Hold	—	$29.84	$29.50	-1.1%	+0.9%	-0.2%	+0.1%	-1.8%	+0.6%
Mar 2	Janney Capital	Maintains	Buy → Buy	—	$27.67	$27.13	-2.0%	+2.6%	+5.8%	+6.6%	+7.7%	+9.0%
Feb 5	Citigroup	Upgrade	Neutral → Buy	—	$22.76	$23.14	+1.7%	+0.9%	-1.0%	-2.2%	-7.1%	-4.8%
Nov 2	JP Morgan	Maintains	Neutral → Neutral	—	$34.40	$34.57	+0.5%	+0.1%	+2.4%	-0.4%	-1.6%	-3.2%
Aug 11	Barclays	Maintains	Underweight → Underweight	—	$37.85	$38.04	+0.5%	-1.0%	+0.0%	-1.3%	-1.4%	-2.6%
Aug 10	UBS	Upgrade	Neutral → Buy	—	$37.01	$37.13	+0.3%	+2.3%	+1.3%	+2.3%	+0.9%	+0.8%
May 11	Stifel	Upgrade	Hold → Buy	—	$42.54	$43.18	+1.5%	+1.7%	+0.8%	+1.7%	+1.6%	+1.4%
May 11	Stifel Nicolaus	Upgrade	Hold → Buy	—	$42.54	$43.18	+1.5%	+1.7%	+0.8%	+1.7%	+1.6%	+1.4%
Dec 19	Barclays	Maintains	Underweight → Underweight	—	$43.24	$43.24	+0.0%	-0.9%	-0.2%	+0.2%	-0.2%	+0.2%
Jul 29	Citigroup	Maintains	Neutral → Neutral	—	$44.97	$45.01	+0.1%	-0.5%	-1.3%	-0.0%	-2.6%	-2.7%
Jun 2	JP Morgan	Maintains	Neutral → Neutral	—	$46.42	$46.40	-0.0%	+0.1%	-0.2%	+0.7%	+0.3%	-0.3%
May 9	Credit Suisse	Upgrade	Underperform → Neutral	—	$43.40	$43.89	+1.1%	+2.6%	+3.5%	+4.4%	+5.7%	+5.5%
Mar 28	Citigroup	Maintains	Hold → Hold	—	$40.90	$41.00	+0.2%	-0.0%	+1.6%	+2.7%	+2.3%	+3.1%
Jan 15	Goldman Sachs	Downgrade	Neutral → Sell	—	$46.08	$45.05	-2.2%	-2.8%	-3.2%	-3.2%	-0.8%	-2.1%
Jan 3	BofA Securities	Downgrade	Buy → Neutral	—	$46.02	$45.63	-0.8%	+0.5%	-0.2%	-0.7%	-1.2%	-0.0%
Jan 3	Bank of America	Downgrade	Buy → Neutral	—	$46.02	$45.63	-0.8%	+0.5%	-0.2%	-0.7%	-1.2%	-0.0%
Aug 9	Credit Suisse	Downgrade	Neutral → Underperform	—	$46.20	$46.04	-0.3%	-1.1%	-0.3%	-0.2%	+0.5%	-0.6%
Feb 12	BofA Securities	Upgrade	Neutral → Buy	—	$41.36	$42.19	+2.0%	+2.0%	+3.8%	+3.2%	+1.7%	+3.4%
Feb 12	Bank of America	Upgrade	Neutral → Buy	—	$41.36	$42.19	+2.0%	+2.0%	+3.8%	+3.2%	+1.7%	+3.4%
Jan 9	Credit Suisse	Downgrade	Outperform → Neutral	—	$41.64	$40.78	-2.1%	-0.3%	-0.1%	-0.2%	-1.5%	-1.9%
Dec 17	Credit Suisse	Maintains	Outperform → Outperform	—	$37.63	$38.19	+1.5%	+1.6%	+3.1%	+4.6%	+5.0%	+4.2%
Oct 31	JP Morgan	Maintains	Neutral → Neutral	—	$43.00	$43.00	+0.0%	+0.0%	-1.4%	-5.2%	-5.5%	-5.0%
Aug 7	Citigroup	Maintains	Neutral → Neutral	—	$40.15	$40.49	+0.8%	+0.1%	-6.3%	-8.2%	-7.3%	-6.8%
May 4	UBS	Maintains	Neutral → Neutral	—	$41.55	$41.60	+0.1%	-0.6%	-0.8%	+0.8%	-0.9%	+0.6%
May 1	Bank oferica	Maintains	Neutral → Neutral	—	$42.53	$42.30	-0.5%	-0.4%	-1.2%	-2.3%	-2.9%	-3.1%

Recent Filings

8-K · 8.01 !! High

Suburban Propane Partners L P -- 8-K 8.01: Material Event / Announcement

Suburban Propane Partners declared its Fiscal 2026 second quarter distribution, signaling continued cash returns to unitholders despite current market conditions.

Apr 23

8-K · 8.01 !! High

Suburban Propane Partners L P -- 8-K 8.01: Material Event / Announcement

Suburban Propane Partners announced its fiscal 2026 second quarter earnings conference call, providing investors an upcoming opportunity to hear management discuss operational performance and financial results.

Apr 22

8-K

Suburban Propane Partners L P -- 8-K Filing

Suburban Propane Partners clarified its gross margin calculation excludes depreciation and amortization, a non-GAAP metric investors should distinguish from standard accounting measures when evaluating profitability.

Feb 5

Data updated apr 27, 2026 2:34am · Source: massive.com