secwatch.observer — SEC 8-K summary
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Issuer:     STAR GROUP, L.P. (SGU)
CIK:        0001002590
Form:       8-K
Filed at:   2022-12-07T23:59:59+00:00
Accession:  0001171843-22-007889
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Star Group reports Q4 net loss of $50.0M; full-year net income falls to $35.3M
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- Q4 revenue up 25.4% to $296.6M; net loss widened to $50.0M from $23.2M on $35.0M derivative loss.
- Full-year revenue $2.0B (+34%); net income $35.3M vs $87.7M; Adjusted EBITDA $110.3M vs $127.5M.
- Home heating oil and propane volume fell 3.2% to 296.1M gallons for FY; Q4 volume down 7%.
- Completed two small acquisitions in Q1 2023; customer attrition improved slightly year-over-year.
- Operating expenses rose $25.4M in FY from higher credit card fees, bad debt, fuel and medical costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002590/000117184322007889/0001171843-22-007889-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002590/000117184322007889/f8k_120722.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-007889

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