Suburban Propane Partners LP (SPH)

Suburban Propane Partners, L.P. and its subsidiaries engage in the distribution of propane, fuel oil, kerosene, diesel fuel, gasoline, and refined fuels, as well as marketing of natural gas and electricity in deregulated markets. As of September 27, 2008, it served approximately 900,000 active residential, commercial, industrial, and agricultural customers through approximately 300 locations in 30 states located primarily in the east and west coast regions of the United States, including Alaska. The company also sells, installs, and services various whole-house heating products, air cleaners, humidifiers, de-humidifiers, hearth products, and space heaters to the customers of its propane, fuel oil, natural gas, and electricity products, as well as offers services, such as duct cleaning, air balancing, and energy audits. Suburban Energy Services Group LLC serves as the general partner to Suburban Propane Partners, L.P. The company was founded in 1945 and is based in Whippany, New Jersey.

For the fiscal year ended 30 September 2006, Suburban Propane Partners, L.P.'s revenues increased 3% to $1.66B. Net income from cont. ops. applic. to Limited Partners totaled $88.1M vs. a loss of $8.8M. Revenues reflect an increase in average selling prices due to higher commodity prices and increased sales from Propane segment. Net income reflects improved operating margins, the absence of debt extinguishments charges and higher interest income.