secwatch.observer — SEC 8-K summary
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Issuer:     STAR GROUP, L.P. (SGU)
CIK:        0001002590
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001171843-24-004294
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Star Group Q3 rev $331.6M (+10.5%), net loss improves to $11.0M; announces ~$35M acquisition
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- Total revenue $331.6M, up 10.5% YoY; home heating oil/propane volume rose 25.3% to 37.7M gallons.
- Net loss narrowed to $11.0M from $23.9M; Adjusted EBITDA loss improved to $4.1M from $22.9M.
- Definitive agreement to acquire a fuel oil dealer for ~$35M (~19M gallons annually); closing expected in Q4.
- Nine-month revenue $1.5B (-9.5% YoY); net income $70.3M (+$18.6M); Adjusted EBITDA $141.3M (+$13.0M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002590/000117184324004294/0001171843-24-004294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002590/000117184324004294/f8k_073124.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004294

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer