Star Group LP (SGU)

Several events have impacted Star Group LP (SGU) stock price over the past six months. Fiscal 2025 full year and fourth quarter results were reported on December 8, 2025, with a -3.15% change in stock price. Fiscal 2026 first quarter results were announced on February 4, 2026, leading to a +1.37% change in stock price. On April 16, 2026, Star Group LP increased its annual distribution by 5 cents, to 79 cents per unit, marking its 14th year of continuous annual increases. Fiscal 2026 second quarter results were released on May 6, 2026, showing an increase in EPS, revenue, and net income. On February 13, 2026, Star Group lifted its Common Unit repurchase to 2.0M. Quarterly distributions were announced and paid, for example, on May 6, 2026, for the quarter ended March 31, 2026.

Demand for Star Group LP's products and services is highly seasonal, directly tied to weather patterns and the heating season. Approximately 30% of its home heating oil and propane volume is sold in the first fiscal quarter, and 50% in the second fiscal quarter. The company generally realizes net income in its first and second fiscal quarters and net losses during its third and fourth fiscal quarters. The stock price often sees increased investor attention as winter approaches in the Northern Hemisphere. The company uses hedging strategies to mitigate some of the risk associated with commodity price fluctuations. Demand for motor fuel and other petroleum products is more evenly distributed, with approximately 25% sold in each fiscal quarter.

Star Group LP is a full-service retail distributor of home heating oil and propane in the United States, operating within the Energy sector. The company's primary business involves providing heating-related services to residential and commercial customers. Its major products and services include home heating oil and propane delivery, diesel fuel and gasoline, installation, maintenance, and repair of heating and air conditioning equipment, plumbing services, and ancillary services. Star Group has been actively expanding its offerings to become a full-service home energy and climate solutions provider.

Star Group LP primarily serves residential and commercial customers in the Northeast and Mid-Atlantic U.S. regions. The company operates in 19 states and the District of Columbia, with approximately 46% of its customer base located in the New York City metropolitan area.

Star Group LP's brand reputation is focused on its position as a leading provider of home heating and air conditioning products and services, emphasizing customer satisfaction and a commitment to community. The company has been actively working to reinforce its position through strategic acquisitions, expansion into new markets and increased service offerings, a focus on operational efficiency and customer engagement, Bioheat mandates, and IRA incentives.

Star Group LP has a mix of institutional and individual owners. As of May 4, 2026, there were 72 institutional owners holding a total of 8,261,182 shares. Kestrel Energy Partners LLC is noted as the largest individual Star Group shareholder, owning 13.76 million shares, representing 41.91% of the company.