secwatch.observer — SEC 8-K summary
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Issuer:     STAR GROUP, L.P. (SGU)
CIK:        0001002590
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001171843-23-004902
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 Q3 revenue falls 31.7% to $300.1M, net loss $23.9M on warm weather
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- Revenue $300.1M, down 31.7% YoY; net loss $23.9M vs $10.6M prior year.
- Heating oil/propane volume fell 26.2% to 30.1M gallons; weather 12.3% warmer than last year, 19.4% warmer than normal.
- Adjusted EBITDA loss $22.9M, an $11.8M increase from prior year.
- Nine-month revenue flat near $1.7B; net income $51.7M down $33.6M; Adjusted EBITDA $128.3M down $12.8M.
- Liquidity: $57M cash, ~$218M credit availability, modest leverage ratio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002590/000117184323004902/0001171843-23-004902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002590/000117184323004902/f8k_080223.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-004902

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