SGU on NYSE
STAR GROUP, L.P.
American retail-retail stores company, incorporated in Delaware. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerSGU on NYSE1
- IndustryRetail-Retail Stores, NEC1
- HeadquartersStamford, Connecticut1
- Incorporated inDE3
- Business address9 West Broad Street, Suite 310, Stamford, Ct 069023
- Filer categoryAccelerated filer3
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Star Group, L.P. (“Star” the “Company,” “we,” “us,” or “our”) is a home heating oil and propane distributor and services provider with one reportable operating segment that principally provides heating related services to residential and commercial customers. Our unitholders voted in favor of proposals to have the Company elect to be treated as a corporation, instead of a partnership, for federal income tax purposes (commonly referred to as a “check-the-box election”), along with amendments to our partnership agreement to effect such changes in income tax classification, in each case effective November 1, 2017. In addition, the Company changed its name, effective October 25, 2017, from “Star Gas Partners, L.P.” to “Star Group, L.P.” to more closely align our name with the scope of our product and service offerings. Unitholders will receive a Form 1099-DIV and will not receive a Schedule …4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Home Heating Oil And Propane brought in 63% of the revenue STAR GROUP, L.P. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Home Heating Oil And Propane | $1.2B | $1.1B | $1.1B |
| Motor Fuel And Other Petroleum Products | $448.5M | $366.8M | $317.8M |
| Equipment Maintenance Service Contracts | $126.9M | $129.5M | $136.0M |
| Equipment Installations | $114.8M | $123.5M | $135.1M |
| Billable Call Services | $60.5M | $64.3M | $75.6M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs94¢$1.7B
- Income tax2¢$29.4M
- Profit4¢$73.5M
Out of $1.8B in revenue.2
Where each dollar of operating cash went, fiscal 2025
- Capital spending21¢$14.9M
- Dividends paid37¢$26.1M
- Kept or used elsewhere42¢$29.9M
Out of $71.0M of cash from operations.2
Financial statements
Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.2
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|
| Total sales | $1.8B | $1.8B | $2.0B |
| (Increase) decrease in the fair value of derivative instruments | -$13.4M | $19.0M | $2.0M |
| Delivery and branch expenses | $400.8M | $366.4M | $353.6M |
| Depreciation and amortization expenses | $35.4M | $31.5M | $32.4M |
| General and administrative expenses | $30.5M | $28.4M | $25.8M |
| Finance charge income | -$4.9M | -$4.6M | -$5.5M |
| Operating income | $114.5M | $61.1M | $62.5M |
| Interest expense, net | -$14.3M | -$11.6M | -$15.5M |
| Amortization of debt issuance costs | -$1.1M | -$988.0K | -$1.1M |
| Other income, net | $3.8M | $0 | $0 |
| Income before income taxes | $102.9M | $48.6M | $45.9M |
| Income tax expense | $29.4M | $13.3M | $14.0M |
| Net income | $73.5M | $35.2M | $31.9M |
| General Partners interest in net income | $677.0K | $311.0K | $288.0K |
| Limited Partner interest in net income (loss) | $72.8M | $34.9M | $31.7M |
| Basic and diluted income per Limited Partner Unit: | $2 | $1 | $1 |
| Weighted average number of Limited Partner units outstanding: Basic | 34.3M shares | 35.3M shares | 35.7M shares |
| Weighted average number of Limited Partner units outstanding: Diluted | 34.3M shares | 35.3M shares | 35.7M shares |
| Period ending | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| Total sales | $247.7M | $305.6M | $743.0M | $488.1M | $240.3M | $331.6M | $666.0M | $528.1M |
| Operating income | -$40.9M | -$19.2M | $125.4M | $49.2M | -$48.6M | -$12.3M | $100.3M | $21.6M |
| Net income | -$28.7M | -$16.6M | $85.9M | $32.9M | -$35.1M | -$11.0M | $68.4M | $13.0M |
| Limited Partner interest in net income (loss) | -$28.4M | -$16.5M | $85.1M | $32.6M | -$34.8M | -$10.9M | $67.8M | $12.9M |
| Basic and diluted income per Limited Partner Unit: | -$1 | -$0 | $2 | $1 | -$1 | -$0 | $2 | $0 |
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | $24.7M | $117.3M | ||
| Receivables, net of allowance of $7,196 and $6,434, respectively | $102.1M | $95.0M | ||
| Inventories | $47.0M | $41.6M | ||
| Fair asset value of derivative instruments | $790.0K | $0 | ||
| Prepaid expenses and other current assets | $32.7M | $27.6M | ||
| Total current assets | $207.3M | $281.5M | ||
| Property and equipment, net | $128.6M | $104.5M | ||
| Operating lease right-of-use assets | $93.3M | $91.1M | ||
| Goodwill | $293.4M | $275.8M | $262.1M | |
| Intangibles, net | $124.9M | $98.7M | ||
| Restricted cash | $250.0K | $250.0K | ||
| Captive insurance collateral | $78.2M | $74.9M | ||
| Deferred charges and other assets, net | $11.5M | $12.8M | ||
| Total assets | $937.3M | $939.6M | ||
| Accounts payable | $33.7M | $31.5M | ||
| Revolving credit facility borrowings | $0 | $5.0K | ||
| Fair liability value of derivative instruments | $1.4M | $14.0M | ||
| Current maturities of long-term debt | $21.0M | $21.0M | ||
| Current portion of operating lease liabilities | $19.9M | $19.8M | ||
| Accrued expenses and other current liabilities | $119.5M | $116.3M | ||
| Unearned service contract revenue | $66.9M | $66.4M | ||
| Customer credit balances | $86.8M | $104.7M | ||
| Total current liabilities | $349.2M | $373.8M | ||
| Long-term debt | $167.1M | $187.8M | ||
| Long-term operating lease liabilities | $77.2M | $75.9M | ||
| Deferred tax liabilities, net | $30.8M | $21.9M | ||
| Other long-term liabilities | $16.2M | $16.3M | ||
| Common unitholders | $314.7M | $282.1M | ||
| General partner | -$6.6M | -$5.7M | ||
| Accumulated other comprehensive loss, net of taxes | -$11.3M | -$12.5M | ||
| Total partners capital | $296.8M | $263.9M | $263.7M | $257.9M |
| Total liabilities and partners capital | $937.3M | $939.6M | ||
| Receivables, allowance | $7.2M | $6.4M |
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | $24.7M | $117.3M | ||
| Receivables, net of allowance of $7,196 and $6,434, respectively | $102.1M | $95.0M | ||
| Inventories | $47.0M | $41.6M | ||
| Fair asset value of derivative instruments | $790.0K | $0 | ||
| Prepaid expenses and other current assets | $32.7M | $27.6M | ||
| Total current assets | $207.3M | $281.5M | ||
| Property and equipment, net | $128.6M | $104.5M | ||
| Operating lease right-of-use assets | $93.3M | $91.1M | ||
| Goodwill | $293.4M | $275.8M | $262.1M | |
| Intangibles, net | $124.9M | $98.7M | ||
| Restricted cash | $250.0K | $250.0K | ||
| Captive insurance collateral | $78.2M | $74.9M | ||
| Deferred charges and other assets, net | $11.5M | $12.8M | ||
| Total assets | $937.3M | $939.6M | ||
| Accounts payable | $33.7M | $31.5M | ||
| Revolving credit facility borrowings | $0 | $5.0K | ||
| Fair liability value of derivative instruments | $1.4M | $14.0M | ||
| Current maturities of long-term debt | $21.0M | $21.0M | ||
| Current portion of operating lease liabilities | $19.9M | $19.8M | ||
| Accrued expenses and other current liabilities | $119.5M | $116.3M | ||
| Unearned service contract revenue | $66.9M | $66.4M | ||
| Customer credit balances | $86.8M | $104.7M | ||
| Total current liabilities | $349.2M | $373.8M | ||
| Long-term debt | $167.1M | $187.8M | ||
| Long-term operating lease liabilities | $77.2M | $75.9M | ||
| Deferred tax liabilities, net | $30.8M | $21.9M | ||
| Other long-term liabilities | $16.2M | $16.3M | ||
| Common unitholders | $314.7M | $282.1M | ||
| General partner | -$6.6M | -$5.7M | ||
| Accumulated other comprehensive loss, net of taxes | -$11.3M | -$12.5M | ||
| Total partners capital | $296.8M | $263.9M | $263.7M | $257.9M |
| Total liabilities and partners capital | $937.3M | $939.6M | ||
| Receivables, allowance | $7.2M | $6.4M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-09-30 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|
| Net income | $73.5M | $35.2M | $31.9M |
| (Increase) decrease in the fair value of derivative instruments | -$13.4M | $19.0M | $2.0M |
| Depreciation and amortization | $36.4M | $32.5M | $33.4M |
| Provision for losses on accounts receivable | $6.9M | $8.0M | $9.8M |
| Change in deferred taxes | $8.5M | -$4.0M | -$501.0K |
| Other income, net | -$3.8M | $0 | $0 |
| (Increase) decrease in receivables | -$14.0M | $11.3M | $15.6M |
| (Increase) decrease in inventories | -$3.2M | $18.5M | $27.0M |
| (Increase) decrease in other assets | -$5.3M | $8.8M | $13.9M |
| Increase (decrease) in accounts payable | $1.6M | -$3.9M | -$13.8M |
| (Decrease) increase in customer credit balances | -$19.1M | -$15.5M | $17.6M |
| Increase (decrease) in other current and long-term liabilities | $2.9M | $1.1M | -$13.2M |
| Net cash provided by operating activities | $71.0M | $111.0M | $123.7M |
| Capital expenditures | -$14.9M | -$10.7M | -$9.0M |
| Proceeds from sales of fixed assets | $5.5M | $515.0K | $958.0K |
| Proceeds from sale of certain assets | $282.0K | $0 | $2.2M |
| Purchase of investments | -$2.6M | -$1.7M | -$2.5M |
| Acquisitions | -$88.1M | -$49.4M | -$19.8M |
| Net cash used in investing activities | -$99.9M | -$61.2M | -$28.2M |
| Revolving credit facility borrowings | $75.4M | $79.6M | $125.6M |
| Revolving credit facility repayments | -$75.4M | -$79.8M | -$145.6M |
| Proceeds from term loan | $0 | $210.0M | $0 |
| Loan repayments | -$21.0M | -$148.5M | -$16.5M |
| Distributions | -$26.1M | -$25.0M | -$23.7M |
| Unit repurchases | -$15.6M | -$11.1M | -$4.5M |
| Customer retainage payments | -$791.0K | -$719.0K | -$57.0K |
| Payments of debt issuance costs | -$241.0K | -$2.1M | -$78.0K |
| Net cash (used in) provided by financing activities | -$63.7M | $22.4M | -$64.9M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -$92.7M | $72.1M | $30.6M |
No quarter-by-quarter statement was filed.
Leadership
Who has led STAR GROUP, L.P., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerJeffrey M. Woosnam Mar 25, 2019 to May 24, 202214
- Chief executive officerDan Donovan May 14, 2008 to May 14, 201215
- PresidentJeffrey M. Woosnam Mar 25, 2019 to May 24, 202214
- PresidentDan Donovan May 14, 2008 to May 14, 201215
- Chief financial officerRichard Ambury Feb 27, 2009 to May 24, 202216
Board members and other officers (12)
- Chief Customer OfficerJoseph R. McDonald Mar 25, 2019 to May 8, 202017
- Vice President - ControllerCory Czekanski Apr 25, 2016 to Apr 25, 201618
- Vice President & ControllerRichard G. Oakley Nov 3, 2006 to Nov 3, 200619
- Board memberJeffrey M. Woosnam Mar 25, 2019 to May 24, 202214
- Board memberDavid Michael Bauer Apr 17, 2018 to Apr 17, 201820
- Board memberDan Donovan May 14, 2008 to May 18, 202015
- Board memberJoseph Cavanaugh May 14, 2008 to May 14, 200821
- Board memberBryan H. Lawrence Apr 28, 2006 to Aug 30, 202222
- Board memberHenry D. Babcock Apr 28, 2006 to Oct 22, 202023
- Board memberPaul A. Vermylen Jr. Apr 28, 2006 to Dec 1, 202324
- Board memberSheldon B. Lubar Apr 28, 2006 to Feb 21, 201725
- Board memberWilliam P. Nicoletti May 19, 2006 to Mar 8, 201126
Former names
Timeline
Filings
113 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 56 major events, 22 insider forms, 11 large holders, 2 other. The latest 20:
- Oct 15, 20268-K EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- Jul 17, 20268-K EDGAR
- Jul 16, 20268-K EDGAR
- May 6, 202610-Q EDGAR
- May 6, 20268-K EDGAR
- Apr 16, 20268-K EDGAR
- Feb 13, 20268-K EDGAR
- Feb 4, 202610-Q EDGAR
- Feb 4, 20268-K EDGAR
- Feb 2, 20265/A EDGAR
- Feb 2, 20265/A EDGAR
- Feb 2, 20264 EDGAR
- Feb 2, 20265 EDGAR
- Feb 2, 20265 EDGAR
- Feb 2, 20265 EDGAR
- Feb 2, 20265 EDGAR
- Feb 2, 20265 EDGAR
- Feb 2, 20265 EDGAR
The 113 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
29 open-market trades by officers, directors and large owners since October 2021: 24 buys and 5 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 5, 2025 | Hammond Jeffrey SChief Operating Officer | Buy | 105 | $11.99 | $1.3K | Form 4 |
| Aug 13, 2025 | Baxter ScottDirector | Buy | 15,000 | $11.79 | $176.8K | Form 4 |
| Aug 6, 2025 | Hammond Jeffrey SChief Operating Officer | Buy | 104 | $11.89 | $1.2K | Form 4 |
| Aug 6, 2025 | Hammond Jeffrey SChief Operating Officer | Buy | 104 | $11.89 | $1.2K | Form 4 |
| May 30, 2025 | Bandera Partners LLC10% owner | Sale | 700,000 | $12.04 | $8.4M | Form 4 |
| May 7, 2025 | Hammond Jeffrey SChief Operating Officer | Buy | 97 | $12.55 | $1.2K | Form 4 |
| May 7, 2025 | Hammond Jeffrey SChief Operating Officer | Buy | 97 | $12.55 | $1.2K | Form 4 |
| Feb 5, 2025 | Hammond Jeffrey SChief Operating Officer | Buy | 90 | $12.51 | $1.1K | Form 4 |
| Feb 5, 2025 | Hammond Jeffrey SChief Operating Officer | Buy | 90 | $12.51 | $1.1K | Form 4 |
| Nov 6, 2024 | Hammond Jeffrey SChief Operating Officer | Buy | 92 | $12.00 | $1.1K | Form 4 |
| Nov 6, 2024 | Hammond Jeffrey SChief Operating Officer | Buy | 92 | $12.00 | $1.1K | Form 4 |
| Aug 7, 2024 | Hammond Jeffrey SChief Operating Officer | Buy | 97 | $11.22 | $1.1K | Form 4 |
| May 8, 2024 | Hammond Jeffrey SChief Operating Officer | Buy | 91 | $11.75 | $1.1K | Form 4 |
| Feb 1, 2024 | Hammond Jeffrey SChief Operating Officer | Buy | 86 | $11.67 | $998 | Form 4 |
| Oct 31, 2023 | Hammond Jeffrey SChief Operating Officer | Buy | 85 | $11.58 | $984 | Form 4 |
| Aug 1, 2023 | Hammond Jeffrey SChief Operating Officer | Buy | 72 | $13.58 | $972 | Form 4 |
| Jun 15, 2023 | Gramm Jefferson10% owner | Sale | 712 | $15.06 | $10.7K | Form 4 |
| Jun 14, 2023 | Gramm Jefferson10% owner | Sale | 15,588 | $15.09 | $235.2K | Form 4 |
| Jun 13, 2023 | Gramm Jefferson10% owner | Sale | 2,258 | $15.08 | $34.1K | Form 4 |
| Jun 12, 2023 | Gramm Jefferson10% owner | Sale | 1,199 | $15.02 | $18.0K | Form 4 |
All 29 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Bandera Partners LLCSCHEDULE 13G/A, 5 filings Feb 14, 2022 to Nov 13, 202527
- Hartree Partners, LPSCHEDULE 13G/A, 3 filings Feb 17, 2023 to May 14, 202528
- Stephen M. LessingSC 13G/A, 2 filings Feb 4, 2022 to Jun 25, 202429
- Summit Trail Advisors, LLCSC 13G, 1 filing Jan 30, 202430
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 72. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Hartree Partners, LP | 3,400,907 | $43.7M | 9.4% | No change |
| Bandera Partners LLC | 2,745,360 | $35.3M | 12.4% | No change |
| Summit Trail Advisors, LLC | 2,030,000 | $26.1M | 0.3% | +8,000 |
| Lubar & Co., Inc | 1,295,985 | $16.6M | 13.2% | No change |
| Oakcliff Capital Partners, LP | 1,099,239 | $14.1M | 5.3% | No change |
| Renaissance Technologies LLC | 881,007 | $11.3M | 0.0% | −29,101 |
| Jpmorgan Chase & Co | 605,766 | $7.9M | 0.0% | −54,099 |
| Joel Isaacson & Co., LLC | 192,003 | $2.5M | 0.1% | +35 |
| Blackstone Inc. | 165,910 | $2.1M | 0.0% | −7,719 |
| Doliver Advisors, LP | 139,939 | $1.8M | 0.4% | No change |
| Arrowstreet Capital, Limited Partnership | 132,086 | $1.7M | 0.0% | +3,006 |
| Crossingbridge Advisors, LLC | 100,000 | $1.3M | 0.2% | −9,777 |
| Morgan Stanley | 79,901 | $1.0M | 0.0% | −152 |
| Brown Advisory Inc | 73,524 | $944.0K | 0.0% | −353 |
| Citadel Advisors LLC | 73,480 | $943.5K | 0.0% | +21,750 |
| Parsons Capital Management Inc/ri | 52,006 | $667.8K | 0.0% | −800 |
| Goldman Sachs Group Inc | 50,472 | $648.1K | 0.0% | +13,291 |
| Wells Fargo & Company/mn | 47,803 | $613.8K | 0.0% | +675 |
| Commonwealth Equity Services, LLC | 44,202 | $567.6K | 0.0% | +261 |
| Maridea Wealth Management LLC | 42,815 | $549.7K | 0.1% | New |
| UBS Group AG | 32,004 | $410.9K | 0.0% | −3,850 |
| Millennium Management LLC | 27,356 | $351.3K | 0.0% | −1,459 |
| Greenwood Gearhart LLC | 26,300 | $337.7K | 0.0% | +5,800 |
| &partners | 25,500 | $327.4K | 0.0% | No change |
| Hyperion Capital Advisors LP | 25,400 | $326.1K | 0.1% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 13
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- 15SEC EDGARDan Donovan, Chief executive officer
- 16
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- 19
- 20SEC EDGARDavid Michael Bauer, Board member
- 21SEC EDGARJoseph Cavanaugh, Board member
- 22SEC EDGARBryan H. Lawrence, Board member
- 23SEC EDGARHenry D. Babcock, Board member
- 24SEC EDGARPaul A. Vermylen Jr., Board member
- 25SEC EDGARSheldon B. Lubar, Board member
- 26SEC EDGARWilliam P. Nicoletti, Board member
- 27
- 28
- 29
- 30