SGU Stock - Star Gas Partners LP

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SGU Profile

Star Group, L.P. specializes in providing comprehensive home heating and air conditioning solutions to residential and commercial customers across the United States. The company's primary offerings include heating oil and propane delivery services, complemented by sales of diesel fuel, gasoline, and home heating oil on a delivery-only basis. In addition to fuel distribution, Star Group offers a range of essential services such as plumbing, along with installation, maintenance, and repair of heating and air conditioning systems.

As of September 30, 2022, Star Group served approximately 415,900 full-service residential and commercial customers for home heating oil and propane, alongside 75,900 customers receiving delivery-only services. The company also caters to approximately 26,600 customers through its sales of gasoline and diesel fuel. Operating under the stewardship of Kestrel Heat, LLC as its general partner, Star Group has established itself as a trusted provider in the energy services sector.

Formerly known as Star Gas Partners, L.P., the company rebranded to Star Group, L.P. in October 2017 to reflect its diversified service offerings and expanded market presence. Founded in 1995 and headquartered in Stamford, Connecticut, Star Group continues to innovate and expand its footprint in the energy industry, ensuring reliable energy solutions and customer satisfaction across its operational territories.

With a commitment to excellence and customer-centric service, Star Group remains focused on delivering high-quality heating and air conditioning products and services, backed by efficient fuel distribution and responsive maintenance solutions. The company's strategic initiatives underscore its dedication to enhancing operational efficiency and sustainability in the energy services market.

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