Suburban Propane Partners LP SPH

What this company does

Suburban Propane Partners, L.P. specializes in the distribution of propane, renewable propane, renewable natural gas ("RNG"), fuel oil and refined fuels, and in the marketing of natural gas and electricity in deregulated markets. As of September 27, 2025, it was serving approximately 1.0 million residential, commercial, industrial and agricultural customers through approximately 750 locations in 42 states. As of September 27, 2025, it had 3,190 full-time employees and 151 part-time employees. It manages and evaluates its operations in four operating segments, three of which are reportable: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity. As of September 27, 2025, the propane segment served approximately 950,000 propane customers. The Fuel Oil and Refined Fuels segment markets and distributes fuel oil, kerosene, diesel fuel and gasoline to approximately 25,000 residential and commercial customers primarily in the northeast region of the United States. The Natural Gas and Electricity segment markets natural gas and electricity through the company's 100%-owned subsidiary, Agway Energy Services, LLC, in the deregulated markets of New York and Pennsylvania, primarily to residential and small commercial customers. Together with its predecessor companies, the company has been continuously engaged in the retail propane business since 1928.

Written from the business description in SUBURBAN PROPANE PARTNERS LP's annual report to the U.S. Securities and Exchange Commission, filed 26 November 2025. Every sentence was checked against that document before publication.