Star Group, L.P. Reports Fiscal 2026 Second Quarter Results

Rhea-AI Summary

Star Group (NYSE:SGU) reported fiscal 2026 second-quarter results for the three months ended March 31, 2026. Q2 revenue was $766.7 million, up 3.2% year-over-year; Q2 net income was $108.3 million; and Q2 Adjusted EBITDA was $138.7 million, up $10.5 million. Weather drove slightly higher volumes and raised operating and insurance costs. Year-to-date revenue was $1.3 billion, with six-month Adjusted EBITDA of $207.0 million.

The company will host a webcast and conference call on May 7, 2026 at 11:00 a.m. ET.

Positive

• Q2 revenue +3.2% to $766.7 million
• Q2 Adjusted EBITDA of $138.7 million, +$10.5 million
• Q2 net income of $108.3 million, +$22.4 million
• Six-month revenue +6.1% to $1.3 billion
• Six-month Adjusted EBITDA $207.0 million, +$27.0 million
• Home heating volume +5.3% YTD to 238.4 million gallons

Negative

• Direct operating costs increased by $4.0 million (5.9%) in Q2
• Insurance expense rose by $4.0 million in Q2 due to weather claims
• Recorded $5.0 million weather-hedge expense YTD
• Income tax expense increased by $9.7 million in Q2

Key Figures

Q2 2026 revenue: $766.7 million Q2 2026 net income: $108.3 million Q2 2026 Adjusted EBITDA: $138.7 million +5 more

8 metrics

Q2 2026 revenue $766.7 million Three months ended March 31, 2026; up 3.2% vs. $743.0 million prior year

Q2 2026 net income $108.3 million Increased by $22.4 million vs. prior-year quarter

Q2 2026 Adjusted EBITDA $138.7 million Up $10.5 million year-over-year for the quarter

YTD 2026 Adjusted EBITDA $207.0 million Six months ended March 31, 2026; up $27.0 million vs. prior year

Q2 2026 volume 144.5 million gallons Home heating oil and propane; up 0.6 million gallons (0.4%)

Temperature variance quarter 6.4% colder Operating areas vs. prior-year quarter; 2.8% colder than normal

YTD 2026 revenue $1.3 billion Six months ended March 31, 2026; up 6.1% vs. prior year

Weather hedge expense $5.0 million Expense recorded for weather hedge period ending March 31, 2026

Market Reality Check

Price: $12.87 Vol: Volume 34,025 is 71% abov...

high vol

$12.87 Last Close

Volume Volume 34,025 is 71% above the 20-day average of 19,876, showing elevated interest into the earnings release. high

Technical Price at $13.15 is trading above the 200-day MA of $12.13, reflecting a pre-existing upward bias.

Peers on Argus

SGU is up 4.29% while peers are mixed: PARR up 7.34%, CAPL slightly higher, and ...

1 Up

SGU is up 4.29% while peers are mixed: PARR up 7.34%, CAPL slightly higher, and CLNE, DK, WKC down. The pattern points to company-specific strength rather than a broad sector move.

Common Catalyst Selective earnings updates in fuel distribution (e.g., CAPL reporting results) rather than a unified sector catalyst.

Historical Context

5 past events · Latest: May 01 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
May 01	Earnings call notice	Neutral	-1.6%	Announcement of upcoming Q2 2026 webcast and conference call scheduling.
Apr 16	Distribution increase	Positive	-0.2%	Quarterly distribution raised to $0.1975 per unit, 14th year of increases.
Feb 04	Q1 2026 earnings	Positive	+1.4%	Stronger Q1 revenue, higher Adjusted EBITDA and net income on colder weather.
Jan 30	Earnings call notice	Neutral	-0.5%	Notice of upcoming Q1 2026 webcast and conference call schedule.
Dec 08	FY 2025 results	Positive	-3.1%	Fiscal 2025 revenue, volume and Adjusted EBITDA growth driven by weather and acquisitions.

Pattern Detected

Recent history shows SGU often trading flat to down around generally positive or neutral announcements, with only one clearly aligned positive reaction.

Recent Company History

Over the last several months, SGU has reported a series of colder-weather-driven earnings improvements and incremental capital return actions. Fiscal 2026 Q1 results on Feb 4, 2026 showed higher revenue and Adjusted EBITDA and coincided with a modest +1.37% move. By contrast, the fiscal 2025 full-year update on Dec 8, 2025 and multiple conference-call notices and distribution increases saw slightly negative price reactions, suggesting historically muted enthusiasm around otherwise constructive news. Today’s stronger move comes against that backdrop.

Market Pulse Summary

This announcement highlights stronger fiscal 2026 Q2 performance, with revenue of $766.7 million, ne...

Analysis

This announcement highlights stronger fiscal 2026 Q2 performance, with revenue of $766.7 million, net income of $108.3 million, and Adjusted EBITDA of $138.7 million, aided by colder weather and modest volume gains. Year-to-date Adjusted EBITDA reached $207.0 million. However, severe weather also pushed up operating and insurance costs and led to a $5.0 million weather hedge expense. Investors may track future quarters for sustainability of margins, volume trends, and cost discipline.

Key Terms

form 10-q, adjusted ebitda, ebitda, non-gaap financial measures, +2 more

6 terms

form 10-q regulatory

"today filed its quarterly report on Form 10-Q with the SEC"

A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.

adjusted ebitda financial

"The Company reported second quarter Adjusted EBITDA (a non-GAAP measure defined below)"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

ebitda financial

"EBITDA (Earnings from continuing operations before net interest expense, income taxes"

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It measures a company's profitability by focusing on the money it makes from its core operations, ignoring expenses like taxes and accounting adjustments. Investors use EBITDA to compare how well different companies are performing financially, as it provides a clearer picture of operational success without the influence of financial structure or accounting choices.

non-gaap financial measures financial

"EBITDA and Adjusted EBITDA (Non-GAAP Financial Measures)EBITDA"

Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.

fair value of derivative instruments financial

"primarily due to a favorable change in the fair value of derivative instruments of $20.7 million"

The fair value of derivative instruments is the market-based estimate of what a contract tied to stocks, bonds, currencies, commodities, or interest rates would fetch if sold today, calculated from current prices and expected future payoffs. Investors use it like a real-time price tag for risk exposures—knowing that value helps them understand a firm’s true assets and liabilities, compare performance, and decide whether risks are worth keeping or trimming.

weather hedge contracts financial

"the Company did not recognize any expense or benefit under its weather hedge contracts"

Weather hedge contracts are financial agreements that pay out based on measurable weather outcomes—such as temperature, rainfall, or wind—rather than company performance. They let a business or investor transfer the financial impact of an unusually hot, cold, stormy, or dry period to a counterparty, like buying an umbrella for revenue or cost protection; investors care because these contracts can reduce earnings volatility or be used to speculate on weather-driven profit swings.

AI-generated analysis. Not financial advice.

STAMFORD, Conn., May 06, 2026 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today filed its quarterly report on Form 10-Q with the SEC and announced financial results for the fiscal 2026 second quarter, the three months ended March 31, 2026.

Three Months Ended March 31, 2026 Compared to the Three Months Ended March 31, 2025
For the fiscal 2026 second quarter, Star reported a 3.2 percent increase in total revenue to $766.7 million compared with $743.0 million in the prior-year period, reflecting higher heating oil and propane volumes sold. The amount of home heating oil and propane sold during the fiscal 2026 second quarter rose by 0.6 million gallons, or 0.4 percent, to 144.5 million gallons, as the additional volume provided from acquisitions and colder temperatures, more than offset the impact of net customer attrition and other factors. Temperatures in Star's geographic areas of operation for the three months ended March 31, 2026 were 6.4 percent colder than the three months ended March 31, 2025 and 2.8 percent colder than normal, as reported by the National Oceanic and Atmospheric Administration.

Star’s net income rose by $22.4 million in the quarter, to $108.3 million, primarily due to a favorable change in the fair value of derivative instruments of $20.7 million, a $10.5 million increase in Adjusted EBITDA, a $0.6 million decrease in depreciation and amortization expense, and $0.4 million lower net interest expense, partially offset by a $9.7 million increase in income tax expense.

The Company reported second quarter Adjusted EBITDA (a non-GAAP measure defined below) of $138.7 million, up $10.5 million year-over-year, primarily due to a $5.3 million increase in Adjusted EBITDA in the base business, $2.1 million higher Adjusted EBITDA from recent acquisitions, and a $3.1 million decrease in expense related to the Company's weather hedge contracts. The increase in Adjusted EBITDA in the base business was driven by the higher home heating oil and propane volume, due to colder weather, an increase in home heating oil and propane per gallon margins, and higher installation profitability, partially offset by an increase in operating expenses. While home heating oil and propane volume grew by just 0.4 percent during this period, the extreme weather conditions significantly impacted direct operating costs, which rose by $4.0 million, or 5.9 percent; insurance expense also increased by $4.0 million largely due to higher claims expense attributable to the weather. At the same time, the Company did not recognize any expense or benefit under its weather hedge contracts in the second quarter of fiscal 2026 (versus a $3.1 million expense recorded for the three months ended March 31, 2025) due to the fact that Star already recognized the cap of $5.0 million expense under its weather hedge contracts during the first quarter.

“The second quarter was, in many ways, a continuation of conditions experienced in the first. Colder temperatures were the norm across much of our operating footprint, resulting in slightly higher heating oil and propane volumes sold, but the severe weather – including storms and high snowfall – also raised operating expenses,” said Jeff Woosnam, Star Group’s President and Chief Executive Officer. “That said, we were still able to post Adjusted EBITDA of nearly $139 million and kept net customer attrition under 1 percent -- both important accomplishments for the Company. We also closed on one small heating oil acquisition during the quarter. Given the challenges of this past winter, we’re very pleased with how the team performed and are working on continued improvement to our underlying operations in the second half.”

Six Months Ended March 31, 2026 Compared to the Six Months Ended March 31, 2025
For the six months ended March 31, 2026, Star reported a 6.1 percent increase in total revenue to $1.3 billion, reflecting higher product volumes sold and an increase in selling prices in response to higher wholesale product costs. The volume of home heating oil and propane sold during the first six months of fiscal 2026 increased by 12.1 million gallons, or 5.3 percent, to 238.4 million gallons, reflecting colder temperatures and the additional volume provided from acquisitions, more than offsetting net customer attrition and other factors. Temperatures in Star’s geographic areas of operation fiscal year-to-date were 11.0 percent colder than during the prior-year period and 4.1 percent colder than normal, as reported by the National Oceanic and Atmospheric Administration.

For the six months ended March 31, 2026, Star’s net income increased $25.3 million, to $144.1 million, compared to the prior-year period, primarily due to a $27.0 million increase in Adjusted EBITDA and a favorable change in the fair value of derivative instruments of $10.1 million, partially offset by an $11.1 million increase in income tax expense and $0.5 million higher net interest expense.

Year-to-date Adjusted EBITDA increased $27.0 million, to $207.0 million, compared to the six months ended March 31, 2025, primarily due to a $22.1 million increase in Adjusted EBITDA in the base business and a $6.8 million higher Adjusted EBITDA from recent acquisitions, partially offset by a $1.9 million increase in expense related to the Company's weather hedge contracts. The increase in Adjusted EBITDA in the base business was driven by higher home heating oil and propane volumes, an increase in home heating oil and propane per-gallon margins, and higher installation profitability, partially reduced by an increase in operating expenses due to the colder weather. The temperatures experienced during the weather hedge period ending March 31, 2026 were colder than the strike prices and, therefore, the Company recorded an expense under the weather hedge contracts of $5.0 million, versus a $3.1 million expense recorded for the six months ended March 31, 2025.

EBITDA and Adjusted EBITDA (Non-GAAP Financial Measures)
EBITDA (Earnings from continuing operations before net interest expense, income taxes, depreciation and amortization) and Adjusted EBITDA (Earnings from continuing operations before net interest expense, income taxes, depreciation and amortization, (increase) decrease in the fair value of derivatives, other income (loss), net, multiemployer pension plan withdrawal charge, gain or loss on debt redemption, goodwill impairment, and other non-cash and non-operating charges) are non-GAAP financial measures that are used as supplemental financial measures by management and external users of the Company’s financial statements, such as investors, commercial banks and research analysts, to assess Star’s position with regard to the following:

• compliance with certain financial covenants included in our debt agreements;
• financial performance without regard to financing methods, capital structure, income taxes or historical cost basis;
• operating performance and return on invested capital compared to those of other companies in the retail distribution of refined petroleum products, without regard to financing methods and capital structure;
• ability to generate cash sufficient to pay interest on our indebtedness and to make distributions to our partners; and
• the viability of acquisitions and capital expenditure projects and the overall rates of return of alternative investment opportunities.
  

The method of calculating Adjusted EBITDA may not be consistent with that of other companies, and EBITDA and Adjusted EBITDA both have limitations as analytical tools and so should not be viewed in isolation but in conjunction with measurements that are computed in accordance with GAAP. Some of the limitations of EBITDA and Adjusted EBITDA are as follows:

• EBITDA and Adjusted EBITDA do not reflect cash used for capital expenditures;
• although depreciation and amortization are non-cash charges, the assets being depreciated or amortized often will have to be replaced and EBITDA and Adjusted EBITDA do not reflect the cash requirements for such replacements;
• EBITDA and Adjusted EBITDA do not reflect changes in, or cash requirements for, working capital;
• EBITDA and Adjusted EBITDA do not reflect the cash necessary to make payments of interest or principal on indebtedness; and
• EBITDA and Adjusted EBITDA do not reflect the cash required to pay taxes.
  

REMINDER:
Members of Star's management team will host a webcast and conference call at 11:00 a.m. Eastern Time tomorrow, May 7, 2026. The webcast will be accessible on the company’s website, at www.stargrouplp.com, and the telephone number for the conference call is 888-346-3470 (or 412-317-5169 for international callers).

About Star Group, L.P.
Star Group, L.P. is a full service provider specializing in the sale of home heating products and services to residential and commercial customers to heat their homes and buildings. The Company also sells and services heating and air conditioning equipment to its home heating oil and propane customers and, to a lesser extent, provides these offerings to customers outside of its home heating oil and propane customer base. Star also sells diesel, gasoline and home heating oil on a delivery only basis. We believe Star is the nation's largest retail distributor of home heating oil based upon sales volume. Including its propane locations, Star serves customers in the more northern and eastern states within the Northeast and Mid-Atlantic U.S. regions. Additional information is available by obtaining the Company's SEC filings at www.sec.gov and by visiting Star's website at www.stargrouplp.com, where unit holders may request a hard copy of Star’s complete audited financial statements free of charge.

Forward Looking Information
This news release includes "forward-looking statements" which represent the Company’s expectations or beliefs concerning future events that involve risks and uncertainties, including the impact of geopolitical events on wholesale product cost volatility, the price and supply of the products that we sell, our ability to purchase sufficient quantities of product to meet our customer’s needs, rapid increases in levels of inflation, the consumption patterns of our customers, our ability to obtain satisfactory gross profit margins, the effect of weather conditions on our financial performance, our ability to obtain new customers and retain existing customers, our ability to make strategic acquisitions, the impact of litigation, natural gas conversions and electrification of heating systems, pandemic and future global health pandemics, recessionary economic conditions, future union relations and the outcome of current and future union negotiations, the impact of current and future governmental regulations, including federal, state and municipal laws restricting greenhouse gases ("GHG") emissions and federal, state and local environmental, health, and safety regulations, the ability to attract and retain employees, customer credit worthiness, counterparty credit worthiness, marketing plans, cyber-attacks, global supply chain issues, labor shortages and new technology, including alternative methods for heating and cooling residences. All statements other than statements of historical facts included in this Report including, without limitation, the statements under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and elsewhere herein, are forward-looking statements. Without limiting the foregoing, the words “believe,” “anticipate,” “plan,” “expect,” “seek,” “estimate,” and similar expressions are intended to identify forward-looking statements. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to, those set forth under the heading "Risk Factors" and "Business Strategy" in our Annual Report on Form 10-K (the "Form 10-K") for the fiscal year ended September 30, 2025. Important factors that could cause actual results to differ materially from the Company’s expectations ("Cautionary Statements") are disclosed in this news release and in the Company’s Form 10-K and our Quarterly Reports on Form 10-Q. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the Cautionary Statements. Unless otherwise required by law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this news release.

(financials follow)

STAR GROUP, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS
	March 31,				September 30,
(in thousands)		2026				2025
ASSETS	(unaudited)
Current assets
Cash and cash equivalents	$	12,190			$	24,683
Receivables, net of allowance of $7,660 and $7,196, respectively		262,181				102,119
Inventories		80,894				47,022
Fair asset value of derivative instruments		30,921				790
Prepaid expenses and other current assets		55,413				32,667
Total current assets		441,599				207,281
Property and equipment, net		127,550				128,605
Operating lease right-of-use assets		93,063				93,264
Goodwill		293,955				293,350
Intangibles, net		116,653				124,892
Restricted cash		250				250
Captive insurance collateral		79,673				78,189
Deferred charges and other assets, net		11,483				11,500
Total assets	$	1,164,226			$	937,331
LIABILITIES AND PARTNERS' CAPITAL
Current liabilities
Accounts payable	$	44,191			$	33,667
Revolving credit facility borrowings		87,436				—
Fair liability value of derivative instruments		—				1,398
Current maturities of long-term debt		21,000				21,000
Current portion of operating lease liabilities		20,383				19,934
Accrued expenses and other current liabilities		168,358				119,497
Unearned service contract revenue		76,086				66,927
Customer credit balances		29,674				86,810
Total current liabilities		447,128				349,233
Long-term debt		156,753				167,118
Long-term operating lease liabilities		76,074				77,206
Deferred tax liabilities, net		45,294				30,823
Other long-term liabilities		15,510				16,171
Partners' capital
Common unitholders		439,963				314,733
General partner		(6,000	)			(6,605	)
Accumulated other comprehensive loss, net of taxes		(10,496	)			(11,348	)
Total partners' capital		423,467				296,780
Total liabilities and partners' capital	$	1,164,226			$	937,331

STAR GROUP, L.P. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
	Three Months Ended March 31,								Six Months Ended March 31,
(in thousands, except per unit data - unaudited)		2026				2025				2026				2025
Sales:
Product	$	689,788			$	665,105			$	1,137,771			$	1,064,564
Installations and services		76,927				77,940				168,200				166,544
Total sales		766,715				743,045				1,305,971				1,231,108
Cost and expenses:
Cost of product		412,437				406,950				680,975				655,649
Cost of installations and services		78,409				76,210				164,087				157,875
(Increase) decrease in the fair value of derivative instruments		(26,812	)			(6,101	)			(21,417	)			(11,359	)
Delivery and branch expenses		129,774				124,927				239,711				224,254
Depreciation and amortization expenses		8,285				8,912				17,040				16,815
General and administrative expenses		8,716				8,187				16,309				15,370
Finance charge income		(1,275	)			(1,412	)			(2,153	)			(2,087	)
Operating income		157,181				125,372				211,419				174,591
Interest expense, net		(4,143	)			(4,464	)			(7,962	)			(7,475	)
Amortization of debt issuance costs		(265	)			(230	)			(527	)			(530	)
Income before income taxes	$	152,773			$	120,678			$	202,930			$	166,586
Income tax expense		44,490				34,767				58,857				47,791
Net income	$	108,283			$	85,911			$	144,073			$	118,795
General Partner's interest in net income		1,063				802				1,412				1,109
Limited Partners; interest in net income	$	107,220			$	85,109			$	142,661			$	117,686
Per unit data (Basic and Diluted):
Net income available to limited partners	$	3.26			$	2.46			$	4.32			$	3.40
Dilutive impact of theoretical distribution of earnings		0.60				0.45				0.77				0.60
Basic and diluted income per Limited Partner Unit:	$	2.66			$	2.01			$	3.55			$	2.80
Weighted average number of Limited Partner units outstanding (Basic and Diluted)		32,885				34,569				32,985				34,578

SUPPLEMENTAL INFORMATION STAR GROUP, L.P. AND SUBSIDIARIES RECONCILIATION OF EBITDA AND ADJUSTED EBITDA (Unaudited)
	Three Months Ended March 31,
(in thousands)		2026				2025
Net income	$	108,283			$	85,911
Plus:
Income tax expense		44,490				34,767
Amortization of debt issuance costs		265				230
Interest expense, net		4,143				4,464
Depreciation and amortization		8,285				8,912
EBITDA		165,466				134,284
(Increase) / decrease in the fair value of derivative instruments		(26,812	)			(6,101	)
Adjusted EBITDA		138,654				128,183
Add / (subtract)
Income tax expense		(44,490	)			(34,767	)
Interest expense, net		(4,143	)			(4,464	)
Provision for losses on accounts receivable		3,071				2,987
Increase in accounts receivables		(67,041	)			(43,246	)
(Increase) decrease in inventories		(11,240	)			4,520
Decrease in customer credit balances		(29,757	)			(45,201	)
Change in deferred taxes		13,021				8,737
Change in other operating assets and liabilities		(3,970	)			31,856
Net cash (used in) provided by operating activities	$	(5,895	)		$	48,605
Net cash used in investing activities	$	(4,860	)		$	(81,755	)
Net cash provided by financing activities	$	3,088			$	2,860
Home heating oil and propane gallons sold		144,500				143,900
Other petroleum products		26,800				28,900
Total all products		171,300				172,800

SUPPLEMENTAL INFORMATION STAR GROUP, L.P. AND SUBSIDIARIES RECONCILIATION OF EBITDA AND ADJUSTED EBITDA (Unaudited)
	Six Months Ended March 31,
(in thousands)		2026				2025
Net income	$	144,073			$	118,795
Plus:
Income tax expense		58,857				47,791
Amortization of debt issuance costs		527				530
Interest expense, net		7,962				7,475
Depreciation and amortization		17,040				16,815
EBITDA		228,459				191,406
(Increase) / decrease in the fair value of derivative instruments		(21,417	)			(11,359	)
Adjusted EBITDA		207,042				180,047
Add / (subtract)
Income tax expense		(58,857	)			(47,791	)
Interest expense, net		(7,962	)			(7,475	)
Provision for losses on accounts receivable		2,804				3,169
Increase in accounts receivables		(162,868	)			(124,722	)
Increase in inventories		(33,777	)			(22,150	)
Decrease in customer credit balances		(57,304	)			(61,400	)
Change in deferred taxes		14,163				11,404
Change in other operating assets and liabilities		35,682				52,959
Net cash used in operating activities	$	(61,077	)		$	(15,959	)
Net cash used in investing activities	$	(9,819	)		$	(86,407	)
Net cash provided by financing activities	$	58,403			$	3,533
Home heating oil and propane gallons sold		238,400				226,300
Other petroleum products		56,600				59,600
Total all products		295,000				285,900

CONTACT:
Star Group, L.P.	Chris Witty
Investor Relations	Darrow Associates
203/328-7310	646/438-9385 or cwitty@darrowir.com

FAQ

What were Star Group (SGU) Q2 2026 revenue and Adjusted EBITDA?

Q2 2026 revenue was $766.7 million and Adjusted EBITDA was $138.7 million. According to the company, revenue rose 3.2% year-over-year and Adjusted EBITDA increased $10.5 million versus the prior-year quarter.

How did weather affect Star Group (SGU) results for the quarter ended March 31, 2026?

Weather was materially colder, boosting volumes slightly but increasing costs. According to the company, temperatures were 6.4% colder year-over-year, lifting volumes but raising operating and insurance expenses tied to storms and snowfall.

What is Star Group (SGU) year-to-date performance through March 31, 2026?

Through six months, revenue was $1.3 billion and Adjusted EBITDA was $207.0 million. According to the company, year-to-date revenue rose 6.1% and Adjusted EBITDA increased $27.0 million versus prior year.

Did Star Group (SGU) record any weather hedge impact in Q2 2026?

No Q2 weather-hedge impact was recorded because the cap was recognized in Q1. According to the company, a $5.0 million cap expense was taken in the first quarter, so no second-quarter hedge expense or benefit was recorded.

Will Star Group (SGU) host an earnings call for Q2 2026 and how can investors join?

Yes, a webcast and conference call will be held May 7, 2026 at 11:00 a.m. ET. According to the company, the webcast is on its website and the dial-in is 888-346-3470 (or 412-317-5169 international).