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Suburban Propane Partners (SPH) Stock News

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Welcome to our dedicated page for Suburban Propane Partners news (Ticker: SPH), a resource for investors and traders seeking the latest updates and insights on Suburban Propane Partners stock.

Suburban Propane Partners, L.P. reports news around its role as a publicly traded master limited partnership that distributes propane, renewable propane, renewable natural gas, fuel oil and related energy products and services. The partnership also markets natural gas and electricity and develops low-carbon fuel alternatives through its renewable energy platform.

Recurring updates include quarterly financial results, propane volume and margin commentary, commodity-price effects, derivative mark-to-market adjustments and Adjusted EBITDA measures. News also covers common-unit distribution declarations, financing actions involving credit facilities, senior notes and at-the-market equity issuance, acquisitions of propane businesses, renewable energy leadership and commercial partnerships such as its NASCAR fueling and race operations relationship.

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Suburban Propane Partners (NYSE:SPH) reported Q2 fiscal 2026 net income of $137.5M or $2.07 per common unit and Adjusted EBITDA of $175.3M (flat year-over-year). Retail propane gallons sold were 161.6M (flat). The partnership reduced debt by $64.3M, declared a quarterly distribution of $0.325 per unit, and reported a Consolidated Leverage Ratio of 4.34x. Average Mont Belvieu propane prices fell 23.1% year-over-year. The company recognized $3.5M of production tax credits and expects ~200,000 MMBtu annual RNG capacity additions later this fiscal year.

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Suburban Propane Partners (NYSE:SPH) declared a quarterly distribution of $0.325 per common unit for the three months ended March 28, 2026, equal to an annualized rate of $1.30 per unit. The distribution is payable May 12, 2026 to holders of record on May 5, 2026.

The announcement notes 100% of distributions to foreign investors are effectively connected with U.S. trade or business and subject to federal tax withholding; 100% of the distribution is in excess of cumulative net income for 1.1446(f)-4(c)(2)(iii) purposes.

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Suburban Propane Partners (NYSE:SPH) will hold its Fiscal 2026 Second Quarter Results conference call on Thursday, May 7, 2026 at 9:00 AM Eastern Time. Analysts and investors can join via the company's website or by phone.

A replay will be available from 12:00 PM ET May 7, 2026 until 11:55 PM ET May 14, 2026 and via the company's website until the next quarter's replay is posted. Suburban Propane serves ~1 million customers across ~750 locations in 42 states, selling propane, renewable propane, RNG, fuel oil, natural gas and electricity.

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Suburban Propane (NYSE: SPH) celebrated its first race sponsorship with the Suburban Propane 300 at Bristol Motor Speedway on April 14, 2026, debuting mascot PhilMor the Bobtail.

Company leaders served as Grand Marshal and Green Flag caller while Suburban Propane supported track operations, concessions, and campground services to engage fans and boost brand visibility.

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Suburban Propane (NYSE: SPH) expanded its NASCAR partnership to power 21 racetracks nationwide, adding the U.S. Naval Base Coronado San Diego event and returning to Chicagoland Speedway on March 24, 2026. The company supplies propane for track dryers, concessions, and campgrounds to support race-weekend operations.

This expansion emphasizes Suburban Propane's role as a dependable event energy partner across NASCAR's national platform.

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Suburban Propane Partners (NYSE:SPH) reported fiscal Q1 2026 results for the period ended December 27, 2025: net income $45.8M ($0.69/unit) versus $19.4M ($0.30) year-ago and Adjusted EBITDA $83.4M, up 10.8% year-over-year. Retail propane volumes rose 4.2% to 110.2 million gallons.

The quarter included strategic activity: issuance of $350M 6.50% senior notes due 2035, two California acquisitions for $24.0M, RNG facility commissioning and a declared quarterly distribution of $0.325 per unit.

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Suburban Propane Partners (NYSE: SPH) promoted M. Douglas Dagan to Senior Vice President – Renewable Energy on Jan 22, 2026. The newly created role centralizes strategy and operations for Suburban Renewable Energy, LLC to advance the Partnership’s renewable energy platform.

Suburban Renewables operates three owned anaerobic digester facilities producing renewable natural gas in Stanfield AZ, Columbus OH, and Upstate NY, and holds investments in Oberon Fuels (rDME) and Independence Hydrogen.

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Suburban Propane Partners (NYSE:SPH) declared a quarterly distribution of $0.325 per common unit for the three months ended December 27, 2025, an annualized rate of $1.30 per unit. The distribution is payable on February 10, 2026 to holders of record as of February 3, 2026. The company said 100% of distributions to foreign investors are effectively connected income and subject to federal withholding; brokers and nominees are responsible for withholding.

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Suburban Propane Partners (NYSE:SPH) will hold its Fiscal 2026 First Quarter Results conference call on Thursday, February 5, 2026 at 9:00 AM ET. Investors and analysts can join via webcast at www.suburbanpropane.com or by phone at (888) 880-3330 asking for the Suburban Propane Partners Fiscal 2026 First Quarter Results Conference Call.

A replay is available from 12:00 PM ET on February 5, 2026 until 11:55 PM ET on February 12, 2026 at (800) 770-2030 (Access Code 6785721#) and via the company website until the next quarter's replay is posted. Suburban Propane serves ~1 million customers from ~750 locations across 42 states and markets propane, renewable propane, RNG, fuel oil, natural gas and electricity.

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Suburban Propane Partners (NYSE:SPH) completed a private offering of $350,000,000 aggregate principal amount of 6.500% Senior Notes due 2035 on December 22, 2025. The co-issuer is Suburban Energy Finance Corp.

Net proceeds were approximately $344.3 million, which, together with borrowings under a revolving credit facility, will fund the redemption of all outstanding 5.875% senior notes due 2027 and related fees and expenses. A conditional redemption notice was sent December 8, 2025, and the redemptions are scheduled to occur on January 7, 2026.

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FAQ

What is the current stock price of Suburban Propane Partners (SPH)?

The current stock price of Suburban Propane Partners (SPH) is $19.62 as of May 13, 2026.

What is the market cap of Suburban Propane Partners (SPH)?

The market cap of Suburban Propane Partners (SPH) is approximately 1.3B.