Star Group Q3 revenue -7.8% to $305.6M; net loss widens to $16.6M

STAR GROUP, L.P.

Revenue fell 7.8% to $305.6M; heating oil/propane volume -3.8% to 36.2M gallons.
Net loss of $16.6M vs $11.0M a year ago; Adjusted EBITDA loss of $10.6M vs $4.1M.
Temperatures in service areas 2% warmer than 2024 and 19.3% warmer than normal.
Nine-month net income rose $31.9M to $102.2M; Adjusted EBITDA up $28.2M to $169.5M.
CEO cites warmer weather and net attrition as Q3 headwinds; acquisitions contributed positively.

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