Star Group, L.P. declared a quarterly distribution of $0.1975 per common unit, with a record date of October 26, 2026.
Quiver AI Summary
Star Group, L.P., a home energy distributor and services provider, announced a quarterly distribution of $0.1975 per common unit for the period ending September 30, 2026. The record date for this distribution is October 26, 2026, with payments scheduled for November 4, 2026. Star Group specializes in home heating products and services, operating primarily in the Northeast and Mid-Atlantic regions of the U.S., and is recognized as the largest retail distributor of home heating oil by sales volume. The press release also includes forward-looking statements regarding potential risks and uncertainties that could impact the company's future performance, noting various factors that could influence its operations and financial results. Additionally, investors can access further information through the company's SEC filings and website.
Potential Positives
- Star Group, L.P. declared a quarterly distribution of $0.1975 per common unit, demonstrating financial stability and the ability to return value to its unit holders.
- The record and payment dates for the distribution signal timely execution and transparency in the company's financial operations.
- As the nation's largest retail distributor of home heating oil based on sales volume, Star Group establishes a strong market position that can lead to sustained revenue growth.
- The company offers a diverse range of services beyond home heating oil, indicating potential for business expansion and customer base diversification.
Potential Negatives
- Forward-looking statements highlight numerous risks and uncertainties, including geopolitical events, inflation, supply chain issues, and regulations, which could negatively impact financial performance.
- The company raises concerns about its ability to attract and retain customers and employees, which may affect future growth.
- Potential impacts from new governmental regulations on greenhouse gas emissions and electrification of heating systems could threaten traditional business operations.
FAQ
What is the quarterly distribution declared by Star Group, L.P.?
The quarterly distribution declared by Star Group, L.P. is $0.1975 per common unit for the three months ended September 30, 2026.
When is the record date for Star Group's distribution?
The record date for Star Group's distribution is October 26, 2026.
When will the payments be made to unit holders?
The payments will be made to unit holders on November 4, 2026.
What services does Star Group, L.P. provide?
Star Group, L.P. provides home heating products and services, including heating and air conditioning equipment to residential and commercial customers.
How can I access Star Group's financial statements?
You can access Star Group's financial statements by visiting their website at www.stargrouplp.com or requesting a hard copy for free.
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 Revenue
$SGU had revenues of $358.1M in Q3 2026. This is an increase of 17.16% from the same period in the prior year.
You can track SGU financials on Quiver Quantitative's SGU stock page.
You can access data on SGU stock through the Quiver Quantitative API.
$SGU Hedge Fund Activity
We have seen 24 institutional investors add shares of $SGU stock to their portfolio, and 19 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 605,766 shares (+inf%) to their portfolio in Q2 2026, for an estimated $7,778,035
- MARIDEA WEALTH MANAGEMENT LLC added 42,815 shares (+inf%) to their portfolio in Q2 2026, for an estimated $549,744
- RENAISSANCE TECHNOLOGIES LLC removed 29,101 shares (-3.2%) from their portfolio in Q2 2026, for an estimated $373,656
- ATOM INVESTORS LP removed 23,368 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $300,045
- MGO ONE SEVEN LLC added 20,063 shares (+inf%) to their portfolio in Q2 2026, for an estimated $257,608
- BLACKROCK, INC. added 15,601 shares (+400.0%) to their portfolio in Q2 2026, for an estimated $200,316
- GOLDMAN SACHS GROUP INC added 13,291 shares (+35.7%) to their portfolio in Q2 2026, for an estimated $170,656
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
STAMFORD, Conn., Oct. 15, 2026 (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 $0.1975 per common unit for the three months ended September 30, 2026.
- Record date: October 26, 2026
- Payment date: November 4, 2026
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, 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.
| CONTACT: | |
| Star Group, L. P. | Chris Witty |
| Investor Relations | Darrow Associates |
| 203/328-7310 | 646/438-9385 or [email protected] |