Overview

* Suburban Propane ( SPH ) Q4 net loss narrows to $35.1 mln from $44.6 mln last year

* Adjusted EBITDA for Q4 slightly down from last year

* Retail propane gallons sold in Q4 increased 1.8% yr/yr

Outlook

* Company did not provide specific guidance for future periods

Result Drivers

* INCREASED PROPANE DEMAND - Strong propane demand driven by cold weather and hurricanes boosted volumes by 5.9%

* MARGIN MANAGEMENT - Effective margin management during rising commodity prices contributed to EBITDA growth

* STRATEGIC INITIATIVES - Acquisitions and renewable energy investments supported long-term growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 EPS -$0.53

Q4 Net -$35.14

Income mln

Q4 $664,000

Adjusted

EBITDA

Q4 $1.22

EBITDA mln

Q4 -$16.76

Operatin mln

g Income

Q4 -$34.59

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the oil & gas refining and marketing peer group is "buy"

* Wall Street's median 12-month price target for Suburban Propane Partners LP ( SPH ) is $17.00, about 10.2% below its November 12 closing price of $18.73

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)