---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-000669"
form_type: "8-K"
ticker: "SGU"
cik: "0001002590"
company_name: "STAR GROUP, L.P."
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T06:17:36.956189+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Star Group Q1 revenue down 18.5% to $528M; Adjusted EBITDA flat at $49M

## Summary
- Revenue $528.1M, down 18.5% from $648.2M; heating oil/propane volume fell 10.2% to 80.1M gallons.
- Net income $13.0M vs $13.6M in prior-year quarter; decrease of $0.6M.
- Adjusted EBITDA $49.0M, virtually unchanged year-over-year despite warmer weather.
- Temperatures were 9.6% warmer than prior year and 13.8% warmer than normal.
- CEO notes two strategic acquisitions closed in February on Long Island to strengthen market presence.

## SEC filing metadata
- accession: 0001171843-24-000669
- form_type: 8-K
- ticker: SGU
- cik: 0001002590
- company_name: STAR GROUP, L.P.
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1002590/000117184324000669/0001171843-24-000669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1002590/000117184324000669/f8k_020724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-000669
- JSON: https://secwatch.observer/filing/0001171843-24-000669.json
- Plain text: https://secwatch.observer/filing/0001171843-24-000669.txt

## Key facts
- Earnings Releases
  STAR GROUP, L.P. reported the fiscal first quarter ended December 31, 2023 results: revenue $528.1 million, net income $13.0 million.
  - Period: the fiscal first quarter ended December 31, 2023
  - Revenue: $528.1 million
  - Net income: $13.0 million
  - Result: reported results
  source text: Months Ended December 31, 2023 Compared to the Three Months Ended December 31, 2022 For the fiscal 2024 first quarter, Star reported an 18.5 percent decrease in total revenue to $528.1 million compared with $648.2 million in the prior-year period, reflecting both a decline in volume sold and lower selling prices for petroleum products. The volume of home heating oil
  evidence_url: https://www.sec.gov/Archives/edgar/data/1002590/000117184324000669/0001171843-24-000669-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.