secwatch.observer — SEC 8-K summary
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Issuer:     STAR GROUP, L.P. (SGU)
CIK:        0001002590
Form:       8-K
Filed at:   2024-12-04T23:59:59+00:00
Accession:  0001171843-24-006734
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Star Group Q4 net loss widens to $35.1M on $240.3M revenue; full-year Adj. EBITDA up to $111.6M
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- Q4 revenue fell 10.0% to $240.3M; home heating oil and propane volume down 1.5% to 18.5M gallons.
- Q4 net loss increased $15.4M to $35.1M, driven by a $28.4M unfavorable change in derivative fair value.
- Q4 Adjusted EBITDA loss improved to $29.7M from $31.4M a year ago due to higher per-gallon margins.
- Full year revenue down 9.6% to $1.8B; volume declined 2.2% to 253.4M gallons; temps 15.1% warmer than normal.
- Fiscal 2024 net income rose $3.3M to $35.2M; Adjusted EBITDA increased $14.7M to $111.6M on improved margins.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002590/000117184324006734/0001171843-24-006734-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002590/000117184324006734/f8k_120424.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-006734

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