Shares of Star Group, L.P. (SGU) have declined 0.9% since reporting third-quarter fiscal 2025 results, underperforming the S&P 500 index’s 1.7% growth. Over the past month, SGU has slipped 0.2% against the S&P 500’s 2.5% advance, reflecting a period of relative underperformance against the broader market backdrop.Q3 ResultsFor the fiscal quarter ended June 30, 2025, Star Group reported revenues of $305.6 million, down 7.8% from $331.6 million in the prior-year quarter due to lower product sales volumes and ...

Energy Transfer posted solid second-quarter results despite headwinds.Energy Transfer (ET -0.06%) recently reported its second-quarter financial and operational results. The company's energy midstream operations were firing on all cylinders during the period, as evidenced by the numerous volume records it set. While its earnings growth rate slowed in the quarter, a re-acceleration awaits.Here's a closer look at the master limited partnership's (MLP) second-quarter results and outlook for what's ahead. Drill ...

Friday, August 8, 2025 Q2 2025 Earnings Call Presentation Safe Harbor for Forward-Looking Statements Safe Harbor Statement Some of the statements in this presentation are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable law. Such forward-looking statements may be identified by the use of words, such as "project," "believe," "expect," "anticipate," "intend," "plan," "estimate," "continue," "potential," "forecast" or other similar wor ...

Net income and earnings per share ("EPS")* were $23.9 million and $1.02, respectively, for the second quarter of 2025 and $74.8 million and $3.22, respectively, for the six months ended June 30, 2025 Adjusted net income and Adjusted EPS**, which exclude transaction and transition-related expenses attributable to the acquisition and integration of Florida City Gas ("FCG"), were $24.3 million and $1.04, respectively, for the second quarter of 2025 and $75.4 million and $3.25, respectively, for the six months ...

Star Group (SGU) Q3 2025 Earnings Call August 07, 2025 11:00 AM ET Speaker0Good day and welcome to the Star Group Fiscal twenty twenty five Third Quarter Results Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to Chris Witty, the Investor Relations Advisor.Please go ahead.Speaker1Thank you, and good morning. With me on the call today ...

Suburban Propane Partners (SPH) Q3 2025 Earnings Call August 07, 2025 09:00 AM ET Speaker0Thank you for standing by. My name is Eric, and I will be your conference operator today. At this time, I would like to welcome everyone to the Suburban Propane Partners Third Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session.I would now like to turn the call over to Davin D'Ambrosio, Vice Presid ...

Vital Energy (VTLE) Q2 2025 Earnings Call August 07, 2025 08:30 AM ET Speaker0Good day, ladies and gentlemen, and welcome to Viral Energy's Second Quarter twenty twenty five Earnings Conference Call. My name is Demi, and I will be your operator for today. At this time, all participants are in a listen only mode.We will be conducting a question and answer after the financial and operations report. As a reminder, this conference is being recorded for replay purposes. It is now my pleasure to introduce Mr. Ron ...

WHIPPANY, N.J., Aug. 7, 2025 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced earnings for its third quarter ended June 28, 2025.Consistent with the seasonal nature of its business, the Partnership typically experiences a net loss in the third quarter of its fiscal year.  Net loss for the third quarter of fiscal 2025 was $14.8 million, or $0.23 per Common Unit, compared to a net loss of $17.2 million, or $0.27 per Common Unit, for the third quarter of fiscal 2024. Adjusted earning ...

Financial Performance - For the fiscal 2025 third quarter, Star Group reported a 7.8% decrease in total revenue to $305.6 million compared to $331.6 million in the prior-year period, primarily due to lower product sales [2] - The volume of home heating oil and propane sold decreased by 1.5 million gallons, or 3.8%, to 36.2 million gallons, influenced by warmer weather and net customer attrition [2] - Star's net loss increased by $5.6 million to $16.6 million, attributed to a greater Adjusted EBITDA loss and higher depreciation and interest expenses [3] - The third quarter Adjusted EBITDA loss was $10.6 million, compared to a loss of $4.1 million in fiscal 2024, due to lower margins and decreased volume sold [4] Year-to-Date Performance - For the nine months ended June 30, 2025, total revenue rose modestly by less than 1.0% to $1.5 billion, driven by higher volumes sold despite declining selling prices [6] - The volume of home heating oil and propane sold increased by 27.7 million gallons, or 11.8%, to 262.6 million gallons, reflecting colder temperatures and acquisitions [6] - Star's net income for the first nine months increased by $31.9 million to $102.2 million, mainly due to higher Adjusted EBITDA and favorable changes in derivative instruments [7] Adjusted EBITDA Analysis - Year-to-date Adjusted EBITDA increased by $28.2 million to $169.5 million, reflecting higher margins and volume sold, partially offset by increased expenses related to weather hedge contracts [8] - The increase in Adjusted EBITDA in the base business was driven by improved margins and higher sales volumes due to colder weather [9] Management Commentary - The CEO noted that the third quarter was negatively impacted by lower volume due to warmer temperatures and net attrition, but highlighted improvements in service and installation performance [5] - The company aims to grow its propane and heating oil customer base while enhancing service profitability, positioning itself as a diversified energy provider [5]

Financial Data and Key Metrics Changes - In Q2 2025, Range Resources reported all-in capital expenditures of $154 million, generating production of 2.2 Bcf equivalent per day, with year-to-date capital tracking better than planned [10][11] - The company lowered the high end of its capital guidance to $680 million without altering planned operational activity, expecting annual production to exceed prior guidance [11][12] - Year-to-date, the company repurchased $120 million in shares and paid $43 million in dividends, returning $646 million to equity holders, approximately 7% of Range's market cap [20][21] Business Line Data and Key Metrics Changes - Range operated two horizontal rigs during Q2, drilling approximately 284,000 lateral feet across 20 laterals, averaging over 14,200 feet per well [12] - The drilling team set a new quarterly record by averaging approximately 6,250 lateral feet per day, while the completion team executed eight twelve frac stages, setting a new company record for the most stages pumped by a single crew in a quarter [12][13] Market Data and Key Metrics Changes - Natural gas inventory finished the quarter at approximately 3 TCF, down 6% from the prior year, supported by record high LNG feed gas, which reached over 17 Bcf per day in Q2 [14] - US NGL exports increased by 5% to 475,000 barrels per day for ethane and 1,800,000 barrels per day for propane compared to Q2 last year, with expectations for significant growth in export capacity [16][80] Company Strategy and Development Direction - Range's growth plans aim for approximately 20% growth through 2027, capitalizing on increasing demand for natural gas and NGLs, particularly in Pennsylvania [7][9] - The company emphasizes maintaining a disciplined reinvestment rate while delivering growth and shareholder returns, supported by low capital intensity and operational efficiencies [9][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong future demand for natural gas and NGLs, highlighting the company's financial strength and operational capabilities to meet this demand [17][18] - The management team noted that the natural gas market is expected to add 8.5 Bcf per day of new demand over the next eighteen months, which is supportive of near-term fundamentals [14] Other Important Information - Range achieved net zero for combined scope one and two greenhouse gas emissions this year, with an 83% reduction in methane emissions intensity over the last five years [17] - The company is preparing to launch its annual RFP for services for 2026, expecting to maintain a leading position on well cost and capital efficiency [14] Q&A Session Summary Question: Supply agreements and market oversupply concerns - Management acknowledged the significant interest in supply agreements and expressed confidence in Range's ability to meet future demand while managing production levels to avoid oversupply [32][36] Question: Future capital additions and growth - Management indicated that growth will be driven by clear demand signals and that they are focused on maximizing shareholder value through share buybacks and prudent growth strategies [39][44] Question: Contribution to in-basin demand growth - Management stated that Range has the capability to significantly contribute to in-basin demand growth, potentially doubling its current production base over the next decade [52][53] Question: Pricing dynamics and competitive positioning - Management highlighted the importance of surety of supply and competitive pricing structures in securing long-term contracts with customers, emphasizing Range's experience in structuring favorable deals [56][59] Question: Lateral footage requirements for growth targets - Management noted that they have been building lateral footage inventory over the past 24 months and are well-positioned to meet future growth targets with their current operational setup [99]