Star Group, L.P. (SGU) Stock

Star Group, L.P., headquartered in Stamford, Connecticut, specializes in providing comprehensive home heating and air conditioning products and services to both residential and commercial customers across the United States. The company's offerings include the sale of heating oil and propane, as well as delivery services for diesel fuel, gasoline, and home heating oil. In addition to fuel distribution, Star Group offers a range of plumbing services and installs, maintains, and repairs heating and air conditioning equipment for its clientele.

As of September 30, 2021, Star Group boasted a robust customer base, serving approximately 422,200 full-service residential and commercial customers for home heating oil and propane, along with 71,100 customers through delivery-only arrangements. The company also supplies gasoline and diesel fuel to around 26,700 customers, showcasing its diversified service portfolio in the energy sector. Kestrel Heat, LLC operates as the general partner of Star Group, overseeing its strategic initiatives and operational activities.

Originally known as Star Gas Partners, L.P., the company rebranded as Star Group, L.P. in October 2017, reflecting its evolution and expanded service offerings since its inception in 1995. Star Group continues to uphold its commitment to delivering reliable energy solutions and exceptional customer service across its extensive network of operations nationwide.