Suburban Propane Partners, L.P. (SPH)
Utilities
- Fundamental
- 4
- Sentiment
- 2
- Technical
- 2
Do Nothing: qualitativeScore is 2 (below required floor of 3), and SPH also fails the $5M avgDollarVolume20 liquidity floor at $3.87M.
Company overview
Suburban Propane Partners, L.P. is a retail marketer and distributor of propane, fuel oil, and other refined fuels. It operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The company serves approximately 1 million customers across various sectors in 41 U.S. states.
Fundamental
goodThe company exhibits strong cash generation and profitability, though leverage and weather-driven demand pose risks.
Cash-generative propane distributor trading at low multiples (TTM P/E about 9x; EV/EBITDA about 9x) with a high cash distribution yield (about 7%). SEC filings indicate continued covenant compliance and access to revolving liquidity, but leverage remains elevated (net debt/EBITDA about 4.8x) and the Altman Z-score is weak—so weather-driven volume swings and refinancing conditions are the main watch items.
Sentiment
weakMedia and retail engagement are low, with no immediate catalysts to drive interest.
Last ~2 weeks coverage was sparse and centered on the Aug-06 fiscal Q3 results release (announced), with sentiment reading flat; versus the prior 30–90d window (mildly positive, polarity_score ~+0.28), tone has cooled. No regulator-confirmed investigations surfaced and Reddit chatter is minimal, leaving a post-earnings digestion setup with limited near-term catalysts.
Technical
weakThe stock is trading below key moving averages, indicating bearish momentum.
Price sits below SMA20/50/200 and EMA9/21, while MACD (-0.15) is below both zero and its -0.08 signal; ADX 53.3 confirms trend strength, but that strength is still bearish. RSI 45.36 and Williams %R -63.69 show a neutral-to-weak momentum state rather than a bullish reversal.
You’re looking at 2026-08-17 — more than 2 trading days ago.
Subscribers saw this then, and see today’s score, verdict and trade plan now.
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