{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-001641","form_type":"8-K","ticker":"SPH","cik":"0001005210","company_name":"SUBURBAN PROPANE PARTNERS LP","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.434176+00:00","generated_at":"2026-06-20T01:39:05.337707+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Suburban Propane Q1 net income doubles to $45.4M; acquires RNG facilities for $190M","bullets":["Net income $45.4M ($0.71/unit) vs $21.3M ($0.34) prior year; Adj. EBITDA $90.0M, up 4.1%.","Retail propane gallons sold 108.8M, up 3.3% YoY; unit margins increased $0.06/gal excluding mark-to-market.","Acquired two operating RNG facilities from Equilibrium for $190M, funded with revolver and assumption of green bonds.","Formed partnership with Equilibrium to develop additional RNG projects, with $155M in future projects; Suburban owns ~70%.","Quarterly distribution declared $0.325/unit, payable Feb 7, 2023, unchanged from prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-001641","json":"https://secwatch.observer/filing/0000950170-23-001641.json","markdown":"https://secwatch.observer/filing/0000950170-23-001641.md","text":"https://secwatch.observer/filing/0000950170-23-001641.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1005210/000095017023001641/0000950170-23-001641-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1005210/000095017023001641/sph-20230202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T01:39:05.337707+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f139df29777786bb25278fe387e62ac439a878f6","claim":"SUBURBAN PROPANE PARTNERS LP reported first quarter ended December 24, 2022 results: net income $45.4 million, EPS $0.71 per Common Unit.","evidence_excerpt":"Net income for the first quarter of fiscal 2023 improved to $45.4 million, or $0.71 per Common Unit, compared to net income of $21.3 million, or $0.34 per Common Unit, in the fiscal 2022 first quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005210/000095017023001641/0000950170-23-001641-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended December 24, 2022"},{"label":"Net income","value":"$45.4 million"},{"label":"EPS","value":"$0.71 per Common Unit"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}