---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-000650"
form_type: "8-K"
ticker: "SGU"
cik: "0001002590"
company_name: "STAR GROUP, L.P."
filed_at: "2025-02-05T23:59:59+00:00"
generated_at: "2026-05-27T02:15:33.252595+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Star Group, L.P. Reports Fiscal 2025 First Quarter Net Income of $32.9M, Revenue of $488.1M

## Summary
- Total revenue decreased 7.6% to $488.1 million for Q1 fiscal 2025 from $528.1 million a year ago, reflecting lower petroleum prices.
- Net income rose $19.9 million to $32.9 million, driven by a $24.3 million favorable change in fair value of derivatives and higher Adjusted EBITDA.
- Adjusted EBITDA increased $2.8 million to $51.9 million, with $4.0 million from acquisitions and higher margins offsetting base business volume decline.
- Home heating oil and propane volume sold rose 2.8% to 82.4 million gallons, aided by acquisitions and 4.1% colder temperatures year-over-year.
- A sizable strategic acquisition was completed after the quarter ended, strengthening the company's propane presence within its operating footprint.

## SEC filing metadata
- accession: 0001171843-25-000650
- form_type: 8-K
- ticker: SGU
- cik: 0001002590
- company_name: STAR GROUP, L.P.
- filed_at: 2025-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1002590/000117184325000650/0001171843-25-000650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1002590/000117184325000650/f8k_020525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-000650
- JSON: https://secwatch.observer/filing/0001171843-25-000650.json
- Plain text: https://secwatch.observer/filing/0001171843-25-000650.txt

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