secwatch.observer — SEC 8-K summary
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Issuer:     STAR GROUP, L.P. (SGU)
CIK:        0001002590
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001171843-25-000650
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002590/000117184325000650/0001171843-25-000650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002590/000117184325000650/f8k_020525.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-000650

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