Suburban Propane Partners, L.P. Common Stock (SPH)
Frequently Asked Questions About Suburban Propane Partners, L.P. Common Stock (SPH)
Does Suburban Propane engage in any sustainable practices?
Yes, Suburban Propane is committed to sustainability and environmental responsibility. The company supports initiatives to reduce greenhouse gas emissions and promotes the use of propane as a cleaner energy alternative. Furthermore, it is involved in efforts to enhance energy efficiency within its operations and encourages customers to adopt environmentally friendly practices.
How can customers contact Suburban Propane for service?
Customers can contact Suburban Propane for service through various means including their official website, where they can find local service representatives, request quotes, or schedule deliveries. Additionally, the company has a customer service hotline and many locations have dedicated phone numbers for direct communication.
How does Suburban Propane differentiate itself from competitors?
Suburban Propane differentiates itself through its commitment to customer service, reliability, and safety. The company has a strong focus on maintaining long-term customer relationships while providing tailored propane solutions. It also emphasizes community involvement and sustainable practices in its operations.
How does Suburban Propane handle safety and compliance?
Safety and compliance are top priorities for Suburban Propane, which adheres to strict industry regulations and best practices to ensure the safe handling and distribution of propane. The company conducts regular training for employees, implements safety audits, and utilizes advanced technology to monitor compliance and enhance operational safety.
How does Suburban Propane promote energy efficiency?
Suburban Propane promotes energy efficiency through various programs and incentives that encourage the adoption of energy-efficient appliances and practices. The company provides information and resources that help customers optimize their propane usage, which can lead to cost savings and a reduced environmental footprint.
How does Suburban Propane's MLP structure benefit investors?
Suburban Propane's master limited partnership (MLP) structure benefits investors by providing tax advantages, as MLPs typically pass income through to investors rather than being taxed at the corporate level. This allows investors to potentially enjoy higher yields through distributions while maintaining exposure to the energy sector.
Is Suburban Propane a publicly traded company?
Yes, Suburban Propane Partners, L.P. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol 'SPH'. As a master limited partnership, it allows investors to buy and sell shares, while also benefiting from tax advantages that come with MLP structures.
Is Suburban Propane involved in any philanthropic activities?
Yes, Suburban Propane is actively involved in philanthropic activities, supporting various charitable organizations and community initiatives. The company encourages its employees to give back through volunteer work and sponsorships, focusing on causes that promote safety, education, and environmental stewardship.
What are Suburban Propane's core values?
Suburban Propane's core values include safety, integrity, respect, accountability, and commitment to excellence. These values guide the company's operations, ensuring a strong company culture that prioritizes the well-being of employees, customers, and the communities in which they operate.
What are the growth prospects for Suburban Propane?
Suburban Propane's growth prospects are driven by the increasing demand for propane as a cleaner, more efficient energy source. The company is exploring expansion opportunities through acquisitions, enhancing service offerings, and investing in technology to improve operational efficiency, customer experience, and overall market competitiveness.
What are the primary products offered by Suburban Propane?
Suburban Propane offers a variety of products, primarily focused on the distribution of propane for residential, commercial, and industrial uses. Additionally, the company provides propane appliances, equipment rental, and installation and maintenance services, including tank exchanges and safety checks.
What challenges does Suburban Propane face?
Suburban Propane faces several challenges, including fluctuations in propane prices, regulatory changes, and competition from alternative energy sources. The company must continuously adapt to market conditions while ensuring reliable service delivery and maintaining customer satisfaction amid these challenges.
What does Suburban Propane Partners, L.P. do?
Suburban Propane Partners, L.P. is a publicly traded master limited partnership that primarily provides retail distribution of propane, as well as related services, including propane tank installation and maintenance. The company serves residential, commercial, and industrial customers across the United States, offering products and services that ensure efficient heating and energy solutions.
What financial performance metrics are important for Suburban Propane?
Key financial performance metrics for Suburban Propane include revenue growth, net income, operating margin, and cash flow from operations. Investors also assess the company's distribution coverage ratio and debt levels, which help gauge financial stability and the sustainability of dividend payments to shareholders.
What initiatives does Suburban Propane have for customer education?
Suburban Propane offers customer education initiatives to help users understand the safe and efficient use of propane. Through resources available on their website, informational brochures, webinars, and in-person demonstrations, the company aims to empower customers with knowledge about propane safety, energy efficiency, and the benefits of their services.
What is the service area of Suburban Propane?
Suburban Propane services approximately 41 states in the United States. The company operates a vast network of retail locations, allowing it to reach a diverse customer base, from urban centers to rural communities, ensuring consistent propane distribution and reliable service where it's needed most.
When was Suburban Propane founded?
Suburban Propane was founded in 1996. However, the legacy of the company traces back to 1928, when the original company was first established in New Jersey. Over the years, Suburban Propane has grown significantly through organic expansion and acquisitions, positioning itself as a leading provider of propane and related services.
Where is Suburban Propane headquartered?
Suburban Propane is headquartered in Whippany, New Jersey. This location serves as the central point for management and operational oversight of the company's extensive network of retail outlets across various states, allowing for effective coordination of services and customer support.
Who are the key executives of Suburban Propane?
The executive team of Suburban Propane includes a range of professionals with extensive experience in the propane and energy sectors. Key executives typically comprise the Chief Executive Officer, Chief Financial Officer, and other senior management roles tasked with leading the company's strategic initiatives, operational management, and financial oversight.
What is the current price of Suburban Propane Partners, L.P. Common Stock?
The current price of Suburban Propane Partners, L.P. Common Stock is 19.17
When was Suburban Propane Partners, L.P. Common Stock last traded?
The last trade of Suburban Propane Partners, L.P. Common Stock was at 1:07 pm EDT on April 7th, 2025
What is the market capitalization of Suburban Propane Partners, L.P. Common Stock?
The market capitalization of Suburban Propane Partners, L.P. Common Stock is 1.22B
How many shares of Suburban Propane Partners, L.P. Common Stock are outstanding?
Suburban Propane Partners, L.P. Common Stock has 63.50M shares outstanding.