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SGU
Upturn stock ratingUpturn stock rating

Star Gas Partners LP (SGU)

Upturn stock ratingUpturn stock rating
$13.12
Delayed price
Profit since last BUY7.28%
upturn advisory
Consider higher Upturn Star rating
BUY since 40 days
  • BUY Advisory
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  • SELL Advisory (Loss)​
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*as per simulation
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Upturn Advisory Summary

03/27/2025: SGU (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 9.86%
Avg. Invested days 42
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 426.68M USD
Price to earnings Ratio 9.93
1Y Target Price 13
Price to earnings Ratio 9.93
1Y Target Price 13
Volume (30-day avg) 36280
Beta 0.42
52 Weeks Range 9.22 - 13.75
Updated Date 03/23/2025
52 Weeks Range 9.22 - 13.75
Updated Date 03/23/2025
Dividends yield (FY) 5.61%
Basic EPS (TTM) 1.24

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 2.8%
Operating Margin (TTM) -4.2%

Management Effectiveness

Return on Assets (TTM) 5.88%
Return on Equity (TTM) 16.96%

Valuation

Trailing PE 9.93
Forward PE -
Enterprise Value 708989830
Price to Sales(TTM) 0.26
Enterprise Value 708989830
Price to Sales(TTM) 0.26
Enterprise Value to Revenue 0.41
Enterprise Value to EBITDA 5.92
Shares Outstanding 34661400
Shares Floating 25640457
Shares Outstanding 34661400
Shares Floating 25640457
Percent Insiders 14.64
Percent Institutions 44.95

Analyst Ratings

Rating -
Target Price 13
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Star Gas Partners LP

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Company Overview

History and Background

Star Gas Partners LP (now known as Superior Plus Energy Services LP after being acquired) was founded in 1995. It grew through acquisitions of regional heating oil and propane distributors. Its primary focus was on providing home heating solutions to residential and commercial customers.

Core Business Areas

  • Heating Oil Distribution: Distribution of heating oil to residential and commercial customers.
  • Propane Distribution: Distribution of propane gas for heating, cooking, and other uses.
  • Other Services: Installation, maintenance, and repair services for heating and cooling systems, including plumbing services in some areas.

Leadership and Structure

Star Gas Partners LP operated as a limited partnership. Leadership typically consisted of a CEO, CFO, and other senior executives managing operations and finance. Its general partner structure oversaw operations and strategic decisions. Superior Plus is now the parent company.

Top Products and Market Share

Key Offerings

  • Heating Oil: Heating oil accounts for a significant portion of Star Gas Partners LP's revenue. Market share varied regionally based on local competition. Competitors include local and regional heating oil distributors.
  • Propane: Propane sales provide another key revenue stream, particularly in areas with limited natural gas infrastructure. Competitors include national propane distributors like Suburban Propane and AmeriGas.
  • HVAC Services: Installation and maintenance of heating and cooling systems contribute to revenue. Competitors include local and regional HVAC contractors.

Market Dynamics

Industry Overview

The home heating oil and propane industry is mature and highly fragmented. Factors influencing the industry include weather patterns, energy prices, regulatory changes, and competition from other energy sources like natural gas and electricity.

Positioning

Star Gas Partners LP positioned itself as a leading regional provider of heating oil and propane, focusing on customer service and reliability. Competitive advantages included its established distribution network and customer base.

Total Addressable Market (TAM)

The TAM for home heating fuels and services is in the billions of dollars annually. Star Gas Partners LP aimed to capture a significant share of this market through acquisitions and organic growth. Precise TAM calculations were dependent on geographic coverage and service offerings.

Upturn SWOT Analysis

Strengths

  • Established distribution network
  • Large customer base
  • Experienced management team
  • Diversified product and service offerings
  • Brand Recognition

Weaknesses

  • Dependence on weather conditions
  • Exposure to volatile energy prices
  • High debt levels
  • Seasonal business
  • Geographic concentration

Opportunities

  • Acquisitions of smaller competitors
  • Expansion into new geographic markets
  • Increased demand for propane in certain regions
  • Development of new energy-efficient products and services
  • Government incentives for renewable energy

Threats

  • Fluctuations in energy prices
  • Increased competition from natural gas and electricity
  • Stringent environmental regulations
  • Economic downturns
  • Changes in consumer preferences

Competitors and Market Share

Key Competitors

  • UGI (UGI)
  • Suburban Propane Partners (SPH)
  • AmeriGas Partners (no public ticker)

Competitive Landscape

Star Gas Partners LP competed with other regional and national heating oil and propane distributors. Advantages included its established distribution network and customer base. Disadvantages included its dependence on weather and volatile energy prices.

Major Acquisitions

Superior Plus

  • Year: 2023
  • Acquisition Price (USD millions): 843
  • Strategic Rationale: Superior Plus acquired Star Gas Partners LP to expand its energy distribution footprint in the United States and diversify its product offerings.

Growth Trajectory and Initiatives

Historical Growth: Historical growth was primarily driven by acquisitions of regional heating oil and propane distributors. Organic growth was influenced by weather patterns and energy prices.

Future Projections: Future projections are no longer applicable since the company was acquired. Analysts covering the company prior to acquisition provided estimates for revenue, earnings, and unit price targets.

Recent Initiatives: Recent initiatives before the acquisition included cost-cutting measures, customer retention programs, and investments in new technology.

Summary

Star Gas Partners LP was a significant regional player in the heating oil and propane distribution market. Its strength was its established customer base and distribution network, which allowed it to capture consistent revenue. The company was exposed to the risks of volatile energy prices and weather dependence, impacting profitability. Now acquired by Superior Plus, its operations continue as part of a larger entity, while its future is interwoven with its parent company's strategy.

Similar Companies

  • UGI
  • SPH

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Industry Reports
  • Financial News Outlets

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. The information provided is for informational purposes only, and it is recommended to conduct further research and consult with a financial advisor before making any investment decisions. Since the company was acquired, some data may not be fully available or relevant.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 3039

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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