Star Gas Partners (SGU) Reports Q2 EPS of $0.79

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Go back to Star Gas Partners (SGU) Reports Q2 EPS of $0.79

Star Gas Partners, L.P. Reports Fiscal 2016 Second Quarter Results

May 4, 2016 8:03 AM EDT

STAMFORD, Conn., May 04, 2016 (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 2016 second quarter and the six-month period ended March 31, 2016.

Three Months Ended March 31, 2016 Compared to Three Months Ended March 31, 2015For the fiscal 2016 second quarter Star reported a 39.4 percent decrease in total revenue to $462.0 million, compared with $762.3 million in the prior-year period, due to a decline in wholesale product costs of 39.0 percent and a 22.2 percent decrease in... More