Suburban Propane Partners LP
Suburban Propane Partners, L.P. is a prominent nationwide distributor of energy products across the United States. While its core business is the distribution of propane to residential, commercial, and agricultural customers, the company has diversified its offerings. Its operations also include the distribution of fuel oil and other refined fuels, the marketing of natural gas and electricity in certain states, and strategic investments in low-carbon and renewable energy alternatives. As a Master Limited Partnership (MLP), its structure is designed to distribute available cash to its unitholders. An investment in a company like this involves considering factors such as energy market fluctuations, seasonal demand, and regulatory changes. As with any investment, capital is at risk and the value of shares can go down as well as up.
Stock Performance Snapshot
Analyst Rating
Analysts strongly recommend buying Suburban Propane's stock, expecting it to rise from $21.26 to $17.
Financial Health
Suburban Propane is generating solid revenue and cash flow, with strong profitability margins indicating healthy operations.
Dividend
Suburban Propane Partners LP's high dividend yield of 6.11% offers a good return for dividend-seeking investors. If you invested $1000 you would be paid $61.10 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Why You’ll Want to Watch This Stock
A Focus on Distributions
As a partnership, the company is structured to distribute available cash to its unitholders, which may appeal to income-focused investors. Remember, these distributions are not guaranteed.
Diversifying Energy Sources
Beyond its core propane business, the company is expanding into marketing natural gas and electricity and investing in low-carbon alternatives. This diversification could be an interesting area to watch.
Established National Network
With a distribution network across the US, SPH serves a wide range of customers. The energy market is cyclical, but this broad reach provides a significant operational footprint.
Compare Suburban Propane with other stocks
Array Technologies vs Suburban Propane
Array Technologies vs Suburban Propane
NESR vs Suburban Propane
NESR vs Suburban Propane: a stock comparison
Dorian LPG vs Suburban Propane
Dorian LPG vs Suburban Propane
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
BP p.l.c.
BP p.l.c. is a global energy company that provides energy products and services.
Canadian Natural Resources Limited
Explores, produces, markets, and distributes oil and natural gas.
Antero Resources Corporation
Antero Resources Corporation is an independent oil and natural gas company engaged in the acquisition, exploration, and development of natural gas, natural gas liquids, and oil properties in the United States.
