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Upturn AI SWOT - About
SPH 
Suburban Propane Partners LP (SPH)
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Upturn Advisory Summary
07/03/2025: SPH (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
2 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $17
1 Year Target Price $17
| 1 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 19.77% | Avg. Invested days 52 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.19B USD | Price to earnings Ratio 12.68 | 1Y Target Price 17 |
Price to earnings Ratio 12.68 | 1Y Target Price 17 | ||
Volume (30-day avg) 2 | Beta 0.12 | 52 Weeks Range 14.47 - 21.88 | Updated Date 07/4/2025 |
52 Weeks Range 14.47 - 21.88 | Updated Date 07/4/2025 | ||
Dividends yield (FY) 7.02% | Basic EPS (TTM) 1.45 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 6.65% | Operating Margin (TTM) 26.92% |
Management Effectiveness
Return on Assets (TTM) 5.38% | Return on Equity (TTM) 14.42% |
Valuation
Trailing PE 12.68 | Forward PE 16.61 | Enterprise Value 2613006091 | Price to Sales(TTM) 0.84 |
Enterprise Value 2613006091 | Price to Sales(TTM) 0.84 | ||
Enterprise Value to Revenue 1.83 | Enterprise Value to EBITDA 10.84 | Shares Outstanding 64959400 | Shares Floating 62719564 |
Shares Outstanding 64959400 | Shares Floating 62719564 | ||
Percent Insiders 2.68 | Percent Institutions 41.77 |
Upturn AI SWOT
Suburban Propane Partners LP
Company Overview
History and Background
Suburban Propane Partners LP was founded in 1928 as Suburban Gas Company. It has grown through acquisitions and organic expansion to become a major player in the propane distribution industry. It operates as a master limited partnership (MLP).
Core Business Areas
- Propane Distribution: The core business involves the retail distribution of propane to residential, commercial, industrial, and agricultural customers for heating, cooking, and various other applications.
- Other Energy Products and Services: This segment includes the marketing and distribution of other energy products, such as fuel oil and refined fuels, as well as providing energy-related services, including the installation and servicing of propane and other appliance equipment.
- Renewable Energy: Investments in renewable energy, specifically through a partnership with Oberon Fuels and investments in renewable natural gas (RNG) projects.
Leadership and Structure
Michael A. Stivala serves as the President and Chief Executive Officer. As a master limited partnership (MLP), Suburban Propane Partners LP's organizational structure is headed by a board of directors overseeing the general partner.
Top Products and Market Share
Key Offerings
- Propane: Propane distribution is Suburban Propane's primary product. Competitors include AmeriGas Partners, Ferrellgas Partners, and local independent distributors. Market share data can fluctuate.
- Fuel Oil and Refined Fuels: Suburban Propane distributes fuel oil and other refined fuels, catering to heating needs and other applications. This revenue stream has a smaller market share than Propane, with competitors including local fuel oil companies.
- Renewable Energy Products: This includes renewable propane and investments into RNG, creating environmentally friendly services and a new revenue stream, with new competitors in that space and less market share.
Market Dynamics
Industry Overview
The propane distribution industry is mature and competitive, influenced by weather patterns, energy prices, and economic conditions. The market is fragmented, with both large national players and numerous smaller regional distributors.
Positioning
Suburban Propane is one of the largest retail propane distributors in the United States. Its competitive advantages include its scale, extensive distribution network, and brand recognition.
Total Addressable Market (TAM)
The TAM for the U.S. propane market is estimated in the billions of dollars. Suburban Propane is a major player capturing a significant portion, and is looking to grow into the renewable energy space as well.
Upturn SWOT Analysis
Strengths
- Large Distribution Network
- Strong Brand Recognition
- Established Customer Base
- Diversified Service Offerings
Weaknesses
- Dependence on Weather Patterns
- Exposure to Fluctuations in Propane Prices
- High Debt Levels (Common for MLPs)
- Geographic Concentration in Certain Regions
Opportunities
- Expansion into New Geographic Markets
- Acquisition of Smaller Competitors
- Growth in Renewable Energy Offerings
- Increased Demand for Propane in Emerging Applications
Threats
- Competition from Alternative Energy Sources (Natural Gas, Electricity)
- Economic Downturn Affecting Demand
- Increasing Environmental Regulations
- Consolidation in the Industry
Competitors and Market Share
Key Competitors
- APU
- FGPR
- UGI
Competitive Landscape
Suburban Propane faces competition from other large national distributors like AmeriGas and Ferrellgas, as well as numerous smaller regional players. The competitive advantage from Suburban Propane is it's size, extensive distribution network, and entry into renewable energy.
Major Acquisitions
Quantum Propane
- Year: 2018
- Acquisition Price (USD millions): 49
- Strategic Rationale: Expanded Suburban Propane's presence in the Northeast region.
Growth Trajectory and Initiatives
Historical Growth: Growth has primarily been driven by acquisitions and organic expansion within existing markets.
Future Projections: Future growth is expected to be driven by expansion into new markets, acquisitions, and the development of renewable energy offerings. Analyst estimates vary.
Recent Initiatives: Recent initiatives include investments in renewable propane technology (Oberon Fuels) and RNG projects, and the acquisition of smaller propane distributors.
Summary
Suburban Propane is a major player in the propane distribution industry with a large network and brand recognition. The company faces challenges related to weather dependency, propane price volatility, and competition from alternative energy sources. Recent strategic initiatives in renewable energy are intended to improve long-term prospects. Future success will depend on effective execution of these initiatives and careful management of financial risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q), Investor Presentations, Industry Reports
- Yahoo Finance
- Seeking Alpha
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market share data is approximate and may vary. Investment decisions should be based on thorough due diligence and consultation with a qualified financial advisor.
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 Suburban Propane Partners LP
Exchange NYSE | Headquaters Whippany, NJ, United States | ||
IPO Launch date 1996-02-29 | President, CEO & Supervisor Mr. Michael A. Stivala | ||
Sector Utilities | Industry Utilities - Regulated Gas | Full time employees 3098 | Website https://www.suburbanpropane.com |
Full time employees 3098 | Website https://www.suburbanpropane.com | ||
Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, fuel oil, and refined fuels in the United States. The company operates through 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 for space heating, water heating, cooking, and clothes drying 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 for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. It also engages in the wholesale distribution of propane to industrial end users. Its 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 in 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. The company serves residential, commercial, industrial, and agricultural customers 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 Propane Partners, L.P. was founded in 1945 and is based in Whippany, New Jersey.
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