Star Group, L.P. declared a quarterly distribution of $0.1850 per common unit, payable on November 5, 2025.
Quiver AI Summary
Star Group, L.P., a home energy distributor, has announced a quarterly distribution of $0.1850 per common unit for the three months ending September 30, 2025, with a record date of October 27, 2025, and a payment date of November 5, 2025. The company specializes in selling home heating products and services to residential and commercial customers, and it is considered the largest retail distributor of home heating oil in the U.S. Based in the Northeast and Mid-Atlantic regions, Star Group also provides heating and air conditioning equipment and sells diesel, gasoline, and home heating oil primarily on a delivery-only basis. The release includes cautionary forward-looking statements regarding various risks and uncertainties that could affect the company's future performance, such as market conditions, regulatory changes, and operational challenges.
Potential Positives
- Star Group, L.P. declared a quarterly distribution of $0.1850 per common unit, indicating a commitment to returning value to shareholders.
- The company claims to be the nation's largest retail distributor of home heating oil based on sales volume, displaying a strong market position.
- The distribution announcement signals financial stability and operational strength, which may enhance investor confidence.
- The upcoming record and payment dates for distributions are clearly stated, providing transparency for unit holders.
Potential Negatives
- Potential concerns regarding the company's ability to meet customer needs amidst supply chain issues and geopolitical uncertainties are highlighted in the release, reflecting vulnerabilities in operational stability.
- The press release mentions various risks including tariff impacts, inflation, and regulatory changes, which may indicate ongoing challenges in maintaining profitability and operational efficiency.
- The forward-looking statements include a long list of uncertainties, suggesting that the company may be facing significant market volatility and challenges that could affect its future performance.
FAQ
What is Star Group, L.P.'s quarterly distribution amount for Q3 2025?
Star Group, L.P. declared a quarterly distribution of $0.1850 per common unit for the three months ended September 30, 2025.
When is the record date for the quarterly distribution?
The record date for the quarterly distribution is October 27, 2025.
When will the distribution payment be made?
The distribution payment will be made on November 5, 2025.
What services does Star Group, L.P. provide?
Star Group, L.P. specializes in home heating products, services, and equipment for residential and commercial customers.
Where can I find more information about Star Group, L.P.?
More information about Star Group, L.P. can be obtained from their SEC filings at www.sec.gov and their website www.stargrouplp.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SGU Insider Trading Activity
$SGU insiders have traded $SGU stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $SGU stock by insiders over the last 6 months:
- PARTNERS LLC BANDERA sold 700,000 shares for an estimated $8,428,000
- SCOTT BAXTER purchased 15,000 shares for an estimated $176,850
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SGU Hedge Fund Activity
We have seen 22 institutional investors add shares of $SGU stock to their portfolio, and 26 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANDERA PARTNERS LLC removed 700,000 shares (-20.3%) from their portfolio in Q2 2025, for an estimated $8,189,999
- BROWN ADVISORY INC removed 401,298 shares (-42.2%) from their portfolio in Q2 2025, for an estimated $4,695,186
- HARTREE PARTNERS, LP added 86,291 shares (+2.6%) to their portfolio in Q2 2025, for an estimated $1,009,604
- JPMORGAN CHASE & CO removed 37,697 shares (-4.9%) from their portfolio in Q2 2025, for an estimated $441,054
- MORGAN STANLEY added 36,546 shares (+45.7%) to their portfolio in Q2 2025, for an estimated $427,588
- HYPERION CAPITAL ADVISORS LP added 29,400 shares (+inf%) to their portfolio in Q2 2025, for an estimated $343,980
- MILLENNIUM MANAGEMENT LLC added 27,377 shares (+222.9%) to their portfolio in Q2 2025, for an estimated $320,310
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
STAMFORD, Conn., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today declared its quarterly distribution of $0.1850 per common unit for the three months ended September 30, 2025.
- Record date: October 27, 2025
- Payment date: November 5, 2025
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, tariff regimes, including newly imposed U.S. tariffs and any additional responsive non-U.S. tariffs or additional U.S. tariffs, 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 operational and 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, 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 climate change, 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, and 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, 2024. 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.
CONTACT: | |
Star Group, L. P. | Chris Witty |
Investor Relations | Darrow Associates |
203/328-7310 | 646/438-9385 or [email protected] |