Suburban Propane Partners Lp
Suburban Propane Partners Lp Overview
Industry
About Suburban Propane Partners Lp
Suburban Propane Partners LP is an equity in the USA market. The price is currently 18.43 USD with a change of -0.57 USD (-0.03%) from the previous close. The latest open price was 18.74 USD and the intraday volume is 43777. The intraday high is 19.35 USD and the intraday low is 18.4 USD. The latest trade time is Tuesday, August 5, 07:22:04 PDT.
Suburban Propane Partners, L.P. is a publicly traded master limited partnership (MLP) headquartered in Whippany, New Jersey. Established in 1928, the company has nearly a century of experience in the energy sector, specializing in the distribution and sale of propane, fuel oil, and refined fuels.
Over the years, Suburban Propane has expanded its services to include the marketing of natural gas and electricity in deregulated markets. It caters to a diverse clientele including residential, commercial, industrial, and agricultural customers.
Company Size and Operations
The company's operations are extensive, with more than 3,300 full-time employees serving approximately 1 million customers across 700 locations in 41 states. This widespread presence underscores Suburban Propane's commitment to providing reliable and prompt service nationwide.
Locations
- Whippany, New Jersey (headquarters)
- Fresno, CA, USA
- Fort Worth, TX, USA
Product Offerings
Suburban Propane's product offerings are comprehensive, encompassing:
- Propane Distribution: Used for space heating, water heating, cooking, and as a motor fuel for vehicles and industrial equipment.
- Fuel Oil and Refined Fuels: Including diesel, kerosene, and gasoline, primarily for residential and commercial heating needs.
- Natural Gas and Electricity Marketing: Offered in deregulated markets to provide customers with competitive energy options.
- Home Comfort Equipment: Sales, installation, and servicing of heating products, air cleaners, humidifiers, and space heaters.
Customer Service and Financial Performance
A cornerstone of Suburban Propane's operations is its unwavering focus on customer satisfaction. The company offers 24/7/365 emergency service, ensuring customers have access to assistance whenever needed.
Additionally, Suburban Propane provides worry-free automatic delivery, budget payment plans with no enrollment fees, and flexible payment and account management options.
In terms of financial performance, Suburban Propane Partners, L.P. is listed on the New York Stock Exchange under the ticker symbol SPH. As of August 5, 2025, the stock is trading at $18.43 per share, reflecting the company's stable position in the energy sector.
Company Values
Suburban Propane's dedication to safety, integrity, and community engagement has been a hallmark of its nearly 100-year history. The company continues to uphold these values, ensuring it remains a trusted provider of energy solutions across the United States.