Suburban Propane Partners traded at $20.20 this Monday February 2nd, increasing $0.03 or 0.15 percent since the previous trading session. Looking back, over the last four weeks, Suburban Propane Partners gained 7.62 percent. Over the last 12 months, its price fell by 6.78 percent. Looking ahead, we forecast Suburban Propane Partners to be priced at 19.55 by the end of this quarter and at 17.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
Suburban Propane Partners, L.P. is engaged in the retail marketing and distribution of propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets. The Company's segments include Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity. The propane segment is primarily engaged in the retail distribution of propane to residential, commercial, industrial, and agricultural customers and, to a lesser extent, wholesale distribution to large industrial end users. The fuel oil and refined fuels segment is primarily engaged in the retail distribution of fuel oil, diesel, kerosene and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The natural gas and electricity segment is engaged in the marketing of natural gas and electricity to residential and commercial customers in the deregulated energy markets of New York and Pennsylvania.