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Star Gas Partners LP (SGU)



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Upturn Advisory Summary
10/14/2025: SGU (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit -21.55% | Avg. Invested days 29 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 393.02M USD | Price to earnings Ratio 6.25 | 1Y Target Price 13 |
Price to earnings Ratio 6.25 | 1Y Target Price 13 | ||
Volume (30-day avg) - | Beta 0.36 | 52 Weeks Range 9.67 - 13.55 | Updated Date 06/29/2025 |
52 Weeks Range 9.67 - 13.55 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 6.51% | Basic EPS (TTM) 1.82 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.99% | Operating Margin (TTM) 16.68% |
Management Effectiveness
Return on Assets (TTM) 6.82% | Return on Equity (TTM) 20.71% |
Valuation
Trailing PE 6.25 | Forward PE - | Enterprise Value 692172135 | Price to Sales(TTM) 0.22 |
Enterprise Value 692172135 | Price to Sales(TTM) 0.22 | ||
Enterprise Value to Revenue 0.38 | Enterprise Value to EBITDA 4.74 | Shares Outstanding 34566000 | Shares Floating 26244908 |
Shares Outstanding 34566000 | Shares Floating 26244908 | ||
Percent Insiders 14.68 | Percent Institutions 43.68 |
Upturn AI SWOT
Star Gas Partners LP
Company Overview
History and Background
Star Gas Partners, L.P., established in 1995, is a leading provider of home heating oil and propane, and a provider of home heating and air conditioning equipment installation and related services in the United States. It has grown through strategic acquisitions and organic growth, focusing on stable residential markets.
Core Business Areas
- Heating Oil: Distribution of heating oil to residential and commercial customers. This is their core business, providing a reliable source of fuel for heating homes and businesses.
- Propane: Distribution of propane, primarily to residential customers, for heating, cooking, and other uses.
- HVAC Services: Installation, maintenance, and repair of heating, ventilation, and air conditioning (HVAC) equipment.
Leadership and Structure
Star Gas Partners operates as a limited partnership. The company is led by management team, and decisions are driven by the goal of delivering consistent returns to unitholders.
Top Products and Market Share
Key Offerings
- Heating Oil: Provides heating oil delivery services to residential and commercial customers. Market share data is not publicly available. Competitors include local and regional heating oil distributors. Revenue from heating oil sales makes up majority of total revenue
- Propane: Provides propane gas to homes and businesses. Market share data is not publicly available. Competitors include large propane distributors such as Suburban Propane (SPH) and Amerigas (APU).
- HVAC Services: HVAC installation, repair and services for heating, ventilation and air conditioning to homes and businesses. Market share data is not publicly available. Competitors include local and regional HVAC service companies.
Market Dynamics
Industry Overview
The home heating oil and propane industry is mature and highly fragmented, influenced by weather patterns, energy prices, and consumer preferences. Demand is generally stable but can fluctuate seasonally.
Positioning
Star Gas Partners is a large player in the heating oil and propane market, benefiting from its scale and established customer base. Its competitive advantages include brand recognition, extensive distribution network, and customer service capabilities.
Total Addressable Market (TAM)
The total addressable market is estimated to be in the billions of dollars, encompassing the entire heating oil and propane distribution market in the United States. Star Gas Partners is well-positioned to capture a significant share of this market due to its scale and operational efficiency.
Upturn SWOT Analysis
Strengths
- Established market position
- Extensive distribution network
- Strong customer relationships
- Diversified service offerings (heating oil, propane, HVAC)
Weaknesses
- Dependence on weather patterns
- Exposure to fluctuating energy prices
- High capital expenditures for infrastructure
- Reliance on acquisitions for growth
Opportunities
- Expansion into new geographic markets
- Increased demand for energy-efficient HVAC systems
- Acquisition of smaller competitors
- Growth in propane usage for various applications
Threats
- Competition from alternative energy sources (natural gas, electricity)
- Increased regulation of heating oil and propane industry
- Economic downturns affecting consumer spending
- Environmental concerns related to fossil fuel usage
Competitors and Market Share
Key Competitors
- SPH
- APU
- UGI
Competitive Landscape
Star Gas Partners operates in a competitive market with both large national players and smaller regional distributors. Its advantages include its scale, brand recognition, and diversified service offerings. It is at a disadvantage when weather patterns are mild or energy prices spike, which decrease demand.
Major Acquisitions
Petro Holdings, Inc.
- Year: 2001
- Acquisition Price (USD millions): 547
- Strategic Rationale: Expanded Star Gas Partner's market presence significantly in the Northeast. The acquisition also helped diversify its service offerings and strengthen its market position.
Growth Trajectory and Initiatives
Historical Growth: Star Gas Partners' historical growth has been driven by acquisitions and organic expansion within its existing markets. Growth has been affected by weather patterns and fluctuation of energy price.
Future Projections: Future projections require professional financial analyst review. Estimations should be updated at regular intervals when new data becomes available.
Recent Initiatives: Recent initiatives may include expansion into new markets, upgrades to infrastructure, and improvements to customer service. These are not available without professional financial data access.
Summary
Star Gas Partners is a significant player in the heating oil and propane distribution market, with a strong established network. Dependence on weather patterns and energy prices is an issue. Key to future success will be managing fuel cost and expand geographical reach. However, they need to diversify service offering to combat changes in environmental regulation.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Industry Reports
- Yahoo Finance
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered as financial advice. Market data is limited and based on assumptions. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Star Gas Partners LP
Exchange NYSE | Headquaters Stamford, CT, United States | ||
IPO Launch date 1995-12-14 | President, CEO & Director of Kestrel Heat LLC Mr. Jeffrey M. Woosnam | ||
Sector Energy | Industry Oil & Gas Refining & Marketing | Full time employees 3039 | Website https://www.stargrouplp.com |
Full time employees 3039 | Website https://www.stargrouplp.com |
Star Group, L.P., together with its subsidiaries, provides home heating oil and propane products and services to residential and commercial customers in the United States. It offers gasoline and diesel fuel; and installs, maintain, and repairs heating and air conditioning equipment. As of September 30, 2024, the company served approximately 404,600 full service residential and commercial home heating oil and propane customers and 61,700 customers on a delivery only basis. It sells gasoline and diesel fuel to approximately 26,800 customers. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. The company was incorporated in 1995 and is based in Stamford, Connecticut.

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