Star Gas Partners (SGU) Reports Q2 EPS of $0.59

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Go back to Star Gas Partners (SGU) Reports Q2 EPS of $0.59

Star Gas Partners, L.P. Reports Fiscal 2017 Second Quarter Results

May 3, 2017 4:15 PM EDT

STAMFORD, Conn., May 03, 2017 (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 2017 second quarter and the six-month period ended March 31, 2017.

Three Months Ended March 31, 2017 Compared to Three Months Ended March 31, 2016Star reported a 15.2 percent increase in total revenue to $532.1 million, compared with $462.0 million in the prior-year period, largely due to an increase in wholesale product costs of 34.0 percent.

Home heating oil and propane volume for the... More