Star Gas Partners LP

Most Recent

  • uploads///analyst recommendations
    Earnings Report

    Three Analysts Upgraded Ferrellgas Partners in December 2016

    On December 8, RBC Capital upgraded Ferrellgas Partners from “underperform” to “sector perform.” Piper Jaffray upgraded FGP from “underweight” to “neutral.”

    By Rekha Khandelwal, CFA
  • uploads///Gains
    Energy & Utilities

    Why Only 9 MLPs Ended in the Green Last Week

    Alon USA Partners (ALDW), a downstream MLP involved in crude oil refining and refined products marketing, was the top MLP gainer last week.

    By Kurt Gallon
  • uploads///analyst recom
    Earnings Report

    Wall Street Analysts Aren’t So Bullish on Ferrellgas Partners

    Ferrellgas Partners (FGP) stock has fallen 38% over the last year.

    By Rekha Khandelwal, CFA
  • uploads///distribution yields
    Company & Industry Overviews

    Factors behind the Propane MLPs’ High Yields

    Suburban Propane Partners (SPH) is currently trading at a distribution yield of 14.7%.

    By Rekha Khandelwal, CFA
  • uploads///top institutional investors
    Company & Industry Overviews

    Gauging Institutional Investors’ Interest in Propane Companies

    OppenheimerFunds, Energy Income Partners, and City National Rochdale hold 4.1%, 3.4%, and 1.6%, respectively, of AmeriGas Partners’ outstanding shares.

    By Rekha Khandelwal, CFA
  • uploads///featured image
    Earnings Report

    Ferrellgas Partners’ Earnings Rose 15% in Fiscal 2Q18

    On March 8, 2018, Ferrellgas Partners (FGP) reported its fiscal 2Q18 results. The quarter ended on January 31, 2018.

    By Rekha Khandelwal, CFA
  • uploads///Loss
    Basic Materials

    Top MLP Losers in Week Ended January 5

    Foresight Energy (FELP) was the top MLP loser last week. It fell 3.8% in a single trading session on Friday, January 5, 2018.

    By Kurt Gallon
  • uploads///Gains
    Basic Materials

    The Top MLP Gainers as of December 8

    CVR Partners, an MLP involved in nitrogen fertilizer production, was the biggest MLP gainer last week (ended December 8), rising 17.4% during the week.

    By Kurt Gallon
  • uploads///Loss
    Energy & Utilities

    CSI Compressco Was the Top MLP Loser Last Week

    CSI Compressco (CCLP), the MLP mainly involved in natural gas compression, was the highest MLP loser in the week ending November 3, 2017.

    By Kurt Gallon
  • uploads///Gains
    Basic Materials

    Last Week’s Top MLP Gainers

    CVR Partners (UAN), the MLP mainly involved in the production of nitrogen fertilizers, was the top MLP gainer last week. CVR Partners rose 7.7%.

    By Kurt Gallon
  • uploads///Loss
    Energy & Utilities

    Top MLP Losers in the Week Ending September 22

    Ferrellgas Partners (FGP), which is involved in propane logistics and distribution, was the top MLP loser in the week ending September 22.

    By Kurt Gallon
  • uploads///sphs quarterly dist performance
    Company & Industry Overviews

    Can Suburban Propane Partners Grow in the Long Term?

    Suburban Propane Partners (SPH) distributes propane, fuel oil, and refined fuels.

    By Rekha Khandelwal, CFA
  • uploads///analysts ratings
    Energy & Utilities

    How Wall Street Analysts View Propane MLPs

    Of the analysts surveyed by Reuters, 10% rated AmeriGas Partners (APU) a “buy,” 50% rated it a “hold,” and 40% rated it a “sell.”

    By Rekha Khandelwal, CFA
  • uploads///top  institutional investors
    Company & Industry Overviews

    SGU, SPH, FGP: Are Institutional Investors Bullish?

    The top ten institutional investors in Star Gas Partners (SGU) own nearly 38.9% of its outstanding shares.

    By Rekha Khandelwal, CFA
  • uploads///short interest
    Company & Industry Overviews

    Short Interest in AmeriGas Partners Fell Recently

    The total number of Star Gas Partners shares shorted was 27,797 on August 15, 2017—30% higher than the 21,342 million shorted shares on July 31, 2017.

    By Rekha Khandelwal, CFA
  • uploads///forward ev to ebitda
    Company & Industry Overviews

    APU, FGP, and SPH: What Do the Current Valuations Indicate?

    The forward EV-to-EBITDA ratios for AmeriGas Partners (APU), Suburban Propane Partners (SPH), Ferrellgas Partners (FGP), and Star Gas Partners (SGU) are 10.4x, 9.4x, 8.3x, and 5.5x, respectively.

    By Rekha Khandelwal, CFA
  • uploads///growth capital exp
    Company & Industry Overviews

    FGP, SPH, APU, and SGU: Analyzing Capex Trends

    Ferrellgas Partners’ (FGP) capex for the nine months ended April 30, 2017, fell 70% compared to the same period in 2016.

    By Rekha Khandelwal, CFA
  • uploads///net debt to ebitda ratios
    Company & Industry Overviews

    Ferrellgas Partners’ Leverage: A Key Concern

    Ferrellgas Partners’ (FGP) capex for the nine months ended April 30, 2017, fell 70% compared to the same period in 2016.

    By Rekha Khandelwal, CFA
  • uploads///adjusted ebitda growth
    Company & Industry Overviews

    FGP, SPH, APU: Factors Impacting the Performance of Propane MLPs

    Ferrellgas Partners’ (FGP) EBITDA fell 29% in the quarter ended April 30, 2017.

    By Rekha Khandelwal, CFA
  • uploads///noaa   winter forecast
    Company & Industry Overviews

    APU, FGP, SPH: Will This Year’s Winter Support Propane MLPs?

    According to forecasts by NOAA, the upcoming 2017–2018 winter is expected to be colder than last year’s mild winter.

    By Rekha Khandelwal, CFA
  • uploads///sgu outperformed peers in
    Company & Industry Overviews

    Ferrellgas Partners Underperformed Its Peers Year-to-Date

    Of the four propane distribution MLPs—AmeriGas Partners (APU), Ferrellgas Partners (FGP), Star Gas Partners (SGU), and Suburban Propane Partners (SPH)—only Star Gas Partners stock is in the green so far in 2017.

    By Rekha Khandelwal, CFA
  • uploads///stocks of propane mlps under pressure
    Earnings Report

    Are Efforts to Bring Ferrellgas Partners Back on Track Working?

    Ferrellgas Partners’ (FGP) performance has been under severe pressure in the last few quarters.

    By Rekha Khandelwal, CFA
  • uploads///stock performance
    Earnings Report

    Ferrellgas Partners’ Fiscal 1Q17 Results: Debt Reduction Is a Priority

    At the end of its latest fiscal quarter, Ferrellgas Partners’ (FGP) leverage ratio was 5.81x—higher than the ~4.5x that MLPs usually target.

    By Rekha Khandelwal, CFA
  • uploads///stock performance
    Earnings Report

    Star Gas Partners Stock Has Risen 33% in 2016: What’s Next?

    Star Gas Partners (SGU) stock has risen 33% in 2016. In comparison, Suburban Propane Partners (SPH) and AmeriGas Partners (APU) have risen 23% and 30%, respectively.

    By Rekha Khandelwal, CFA
  • uploads///analysts ratings
    Company & Industry Overviews

    What Do the Analyst Ratings for APU, FGP, SPH, and SGU Tell Us?

    Ferrellgas Partners (FGP) has a “hold” rating from 67% of the analysts and a “sell” rating from the remaining 33%. None surveyed rated FGP a “buy.”

    By Rekha Khandelwal, CFA
  • uploads///distribution yields
    Company & Industry Overviews

    A Closer Look at Propane MLP Yields

    Suburban Propane currently trades at a distribution yield of 11.1%. This compares to 8.6%, 10.5%, and 4.5% for APU, FGP, and SGU, respectively.

    By Rekha Khandelwal, CFA
  • uploads///adjusted ebitda growth
    Company & Industry Overviews

    How Milder Winter Impacted Fiscal 2Q16 Results for APU, SPH, and SGU

    AmeriGas Partners (APU) and Star Gas Partners (SGU) reported a 14% and 31% YoY drop, respectively, in their EBITDAs in the quarter ended March 31, 2016.

    By Rekha Khandelwal, CFA
  • uploads///milder winter kept propane prices low
    Company & Industry Overviews

    What Factors Impact US Propane Demand Most?

    Above-normal temperatures in the United States in the 2015–2016 winter season lowered heating demand. This resulted in a 16% lower propane demand.

    By Rekha Khandelwal, CFA
  • uploads///ytd returns for propane mlps
    Company & Industry Overviews

    How Have Suburban Propane Partners Stood up to Peers in 2016?

    Suburban Propane Partners’ YTD returns have exceeded those of peers APU, FGP, and SGU. The Alerian MLP Index (AMZ) has generated total returns of 6% YTD.

    By Rekha Khandelwal, CFA
  • uploads///U
    Macroeconomic Analysis

    Propane Inventories Decreased, Propane Production Rose

    In its weekly petroleum status report released on January 13, 2016, the EIA stated that US propane inventories decreased by 4.5 MMbbls to 91.9 MMbbls for the week ended January 8, 2016.

    By Manu Milan
  • uploads///EV to EBITDA ratios
    Macroeconomic Analysis

    Ferrellgas Partners Trades at a High EV-EBITDA Multiple

    The EV-EBITDA ratios for Ferrellgas Partners (FGP), AmeriGas Partners (APU), Suburban Propane Partners (SPH), and Star Gas Partners (AGU) are 16.1x, 10.5x, 8.8x, and 3.2x, respectively.

    By Rekha Khandelwal, CFA
  • uploads///heating fuel market shares vary across US regions
    Macroeconomic Analysis

    Propane: What’s Impacting Demand in the United States?

    Propane demand for home heating purpose is directly affected by the severity of the winter. In any given region, colder-than-normal temperatures in the winter season tend to result in greater usage.

    By Rekha Khandelwal, CFA
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.