Star Group, L.P. will announce Q1 2025 results on February 5, and host a conference call on February 6.
Quiver AI Summary
Star Group, L.P. announced that it will release its fiscal 2025 first quarter results after trading closes on February 5, 2025. The management team will host a conference call and webcast on February 6, 2025, at 11:00 a.m. ET to discuss the results for the three months ending December 31, 2024. Interested parties can access the webcast on the company’s website or by phone. Star Group specializes in home heating products and services and claims to be the largest retail distributor of home heating oil in the U.S., also serving customers in the Northeast and Mid-Atlantic regions. The company included a cautionary note about forward-looking statements in the release, highlighting various risks and uncertainties that could affect future performance.
Potential Positives
- The announcement of the fiscal 2025 first quarter results and accompanying conference call demonstrates transparency and commitment to shareholder communication.
- The scheduled webcast and conference call provide investors an opportunity to engage directly with management, fostering a sense of connection and trust.
- Star Group, L.P. is positioned as a leading distributor in the home energy sector, indicating a strong market presence and potential for growth.
- The company emphasizes accessibility by offering multiple channels for stakeholders to obtain important financial information and updates.
Potential Negatives
- The press release heavily emphasizes various risks and uncertainties affecting the company, indicating potential challenges in achieving expected results.
- The mention of geopolitical events, economic conditions, and other external factors could create concerns about the stability and future performance of the company.
- The breadth of potential impacts listed, including labor shortages and regulatory issues, suggests a vulnerability to numerous adverse conditions that could affect operations.
FAQ
When will Star Group announce its fiscal 2025 first quarter results?
Star Group will release its fiscal 2025 first quarter results on February 5, 2025.
What time is Star Group's conference call?
The conference call is scheduled for 11:00 a.m. Eastern Time on February 6, 2025.
How can I access the webcast for the earnings call?
The webcast will be accessible on Star Group's website at www.stargrouplp.com.
What products does Star Group offer?
Star Group specializes in home heating products, HVAC services, and fuel delivery including home heating oil and propane.
Where does Star Group provide its services?
Star Group serves customers primarily in the Northeast and Mid-Atlantic U.S. regions.
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 Hedge Fund Activity
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Full Release
STAMFORD, Conn., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Star Group, L.P. (the “Company” or “Star”) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2025 first quarter results after the close of trading on February 5, 2025. Members of Star's management team will host a webcast and conference call at 11:00 a.m. Eastern Time the following day, February 6, 2025, to review the three months ended December 31, 2024.
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 (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 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 Investor Relations 203/328-7310 |
Chris Witty
Darrow Associates, Inc. 646/438-9385 or [email protected] |