Star Group, L.P. sells home heating and air conditioning products and services to residential and commercial home heating oil and propane customers in the United States. It also sells diesel fuel, gasoline, and home heating oil on a delivery only basis, as well as provide plumbing services; and installs maintains, and repairs heating and air conditioning equipment. As of September 30, 2021, the company served approximately 422,200 full service residential and commercial home heating oil and propane customers and 71,100 customers on a delivery only basis. It also sells gasoline and diesel fuel to approximately 26,700 customers. Kestrel Heat, LLC operates as the general partner of the company. The company was formerly known as Star Gas Partners, L.P. and changed its name to Star Group, L.P. in October 2017. Star Group, L.P. was incorporated in 1995 and is based in Stamford, Connecticut.
Company profile
Ticker
SGU
Exchange
Website
CEO
Mr. Jeffrey M. Woosnam
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Ault Alliance, Inc., Ault Global Holdings, Inc., BitNile Holdings, Inc., DIGITAL POWER CORP, DPW Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
Champion Energy • Griffith Energy • Hoffman Fuel Company • Meenan Holdings • Meenan Oil Co. • Milro Group • Petro Holdings • Petroleum Heat and Power Co. • Region Oil Plumbing, Heating and Cooling Co. • Woodbury Insurance Co. ...
IRS number
61437793
SGU stock data
Latest filings (excl ownership)
8-K
Star Group, L.P. Declares Quarterly Distribution of 17.25 Cents per Unit
17 Oct 24
8-K
Star Group, L.P. Announces New Credit Facility
1 Oct 24
8-K
Star Group, L.P. Reports Fiscal 2024 Third Quarter Results
31 Jul 24
10-Q
2024 Q3
Quarterly report
31 Jul 24
8-K
Star Group, L.P. Declares Quarterly Distribution to 17.25 Cents Per Unit
18 Jul 24
8-K
Star Group, L.P. Reports Fiscal 2024 Second Quarter Results
1 May 24
10-Q
2024 Q2
Quarterly report
1 May 24
8-K
Star Group, L.P. Increases Quarterly Distribution to 17.25 Cents per Unit
18 Apr 24
8-K
Star Group, L.P. Reports Fiscal 2024 First Quarter Results
7 Feb 24
10-Q
2024 Q1
Quarterly report
7 Feb 24
Transcripts
SGU
Earnings call transcript
2024 Q3
1 Aug 24
SGU
Earnings call transcript
2024 Q2
2 May 24
SGU
Earnings call transcript
2024 Q1
8 Feb 24
SGU
Earnings call transcript
2023 Q4
7 Dec 23
SGU
Earnings call transcript
2023 Q3
3 Aug 23
SGU
Earnings call transcript
2023 Q3
3 Aug 23
SGU
Earnings call transcript
2023 Q2
4 May 23
SGU
Earnings call transcript
2023 Q1
2 Feb 23
SGU
Earnings call transcript
2022 Q4
8 Dec 22
SGU
Earnings call transcript
2022 Q3
8 Aug 22
Latest ownership filings
SC 13G/A
Lessing Stephen M
25 Jun 24
SC 13G/A
Bandera Partners LLC
13 Feb 24
SC 13G/A
Hartree Partners, LP
13 Feb 24
SC 13G
Summit Trail Advisors, LLC
30 Jan 24
4/A
Paul A Vermylen Jr
1 Dec 23
4
Jefferson Gramm
20 Jun 23
4
Jefferson Gramm
14 Jun 23
SC 13G
Hartree Partners, LP
17 Feb 23
SC 13G/A
Bandera Partners LLC
13 Feb 23
SC 13G/A
Bandera Partners LLC
12 Sep 22
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 45.70 mm | 45.70 mm | 45.70 mm | 45.70 mm | 45.70 mm | 45.70 mm |
Cash burn (monthly) | (no burn) | 953.75 k | 5.07 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 3.58 mm | 19.03 mm | n/a | n/a | n/a |
Cash remaining | n/a | 42.12 mm | 26.67 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | 44.2 | 5.3 | n/a | n/a | n/a |
Institutional ownership, Q2 2024
3.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 12 |
Opened positions | 1 |
Closed positions | 4 |
Increased positions | 1 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 6.16 bn |
Total shares | 1.10 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
JPM JPMorgan Chase & Co. | 555.77 k | $5.91 bn |
Kestrel Energy Partners | 500.00 k | $5.20 mm |
Cove Street Capital | 18.50 k | $197.00 k |
Cary Street Partner Investment Advisory | 12.45 k | $132.47 mm |
BNP Paribas Arbitrage | 4.04 k | $42.98 mm |
Colonial Trust Advisors | 3.50 k | $37.24 mm |
Hollencrest Capital Management | 1.64 k | $17.44 mm |
Comerica Bank | 1.00 k | $10.64 mm |
BCS Barclays | 345.00 | $4.00 k |
Farther Finance Advisors | 300.00 | $3.25 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Jun 23 | Bandera Partners | Common Units | Sell | Dispose S | Yes | No | 15.0612 | 712 | 10.72 k | 3,445,360 |
14 Jun 23 | Bandera Partners | Common Units | Sell | Dispose S | Yes | No | 15.0883 | 15,588 | 235.20 k | 3,446,072 |
13 Jun 23 | Bandera Partners | Common Units | Sell | Dispose S | Yes | No | 15.0764 | 2,258 | 34.04 k | 3,461,660 |
12 Jun 23 | Bandera Partners | Common Units | Sell | Dispose S | Yes | No | 15.015 | 1,199 | 18.00 k | 3,463,918 |