Star Group Q2 revenue $743M (+11.6%), net income $85.9M, Adjusted EBITDA $128.2M

STAR GROUP, L.P.

Home heating oil and propane volumes up 22.9% to 143.9M gallons; weather 12.9% colder than prior year.
Net income rose $17.5M to $85.9M; Adjusted EBITDA increased $31.9M to $128.2M.
Since Feb 2024, completed $126.5M in acquisitions; annual dividend raised $0.05 to $0.74 per unit.
Six-month revenue $1.2B; net income $118.8M; Adjusted EBITDA $180.0M.
Company cites colder weather and acquisitions as key drivers; weather hedge expense $3.1M vs $6.5M credit prior year.

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