Star Gas Partners, L.p. (SGU) Tops Q3 EPS by 10c

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Go back to Star Gas Partners, L.p. (SGU) Tops Q3 EPS by 10c

Star Gas Partners, L.P. Reports Fiscal 2015 Third Quarter Results

August 3, 2015 4:01 PM EDT

STAMFORD, Conn., Aug. 3, 2015 (GLOBE NEWSWIRE) -- Star Gas Partners, L.P. (the "Partnership" or "Star") (NYSE: SGU), a home energy distributor and services provider, today announced financial results for its fiscal 2015 third quarter and the nine-month period ended June 30, 2015.

Three Months Ended June 30, 2015 Compared to Three Months Ended June 30, 2014

Star reported a 24.8 percent decline in total revenue to $245.6 million, compared with $326.5 million in the fiscal 2014 third quarter. The lower revenue was due to a decrease in wholesale product costs of 34.2 percent and a decline in total volume of 6.3 percent.... More