Stock events for Star Group LP (SGU)
Star Group LP reported strong fiscal Q1 2026 results with increased diluted EPS and adjusted EBITDA, driven by colder weather and acquisitions. In January 2026, they declared a quarterly distribution of 18.50 cents per unit. Despite positive earnings, the stock price has been falling recently, but it has outperformed the broader market in the last three months and two-week periods, while the stock's weekly volatility has remained stable over the past year.
Demand Seasonality affecting Star Group LP’s stock price
Demand for Star Group LP's products is highly seasonal, with colder weather driving higher sales volumes and warmer weather decreasing demand. The company uses weather derivative contracts as a hedging strategy to mitigate the financial impact of warm winters.
Overview of Star Group LP’s business
Star Group LP distributes home heating oil and propane, sells and services heating and air conditioning equipment, provides plumbing services, and sells diesel fuel, gasoline, and home heating oil on a delivery-only basis. The company is the nation's largest retail distributor of home heating oil by sales volume.
SGU’s Geographic footprint
Star Group LP primarily serves residential and commercial customers in the Northeast and Mid-Atlantic U.S. regions, including Connecticut, Delaware, Maryland, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia, and the District of Columbia.
SGU Corporate Image Assessment
Information directly addressing Star Group LP's brand reputation in the past year is limited. Employee reviews mention a "toxic work environment," being "overworked underpaid," and a sentiment that the "company is screwing over the customers." MarketBeat assigns Star Group a "news sentiment score of 1.44," which suggests a generally less positive sentiment in news coverage.
Ownership
Star Group LP has significant institutional and insider ownership. As of late 2025, 73 institutional owners held a total of 8,557,211 shares, with major shareholders including Bandera Partners LLC and Lubar & Co., Inc. Insiders collectively own 87.90% of the company's stock, with Kestrel Energy Partners LLC being the largest individual shareholder.
