Suburban Propane Partners stock gained 1.71 percent on October 2||||
Published on 10/05/2026 at 14:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Suburban Propane Partners stock (ISIN US8644821048) closed at USD 16.67 on the NYSE on October 2, 2026, gaining 1.71 percent in the session. The latest company-specific catalyst is the fiscal third-quarter performance, which put weather-sensitive propane demand and cost control back at the center of the investment case.
Third quarter loss missed estimates
According to Investing.com on October 1, 2026, Suburban Propane reported an adjusted loss of USD 0.27 per common unit for fiscal Q3 2026, wider than the USD 0.19 analyst estimate. Revenue reached USD 261.38 million against a USD 264 million forecast, making the earnings comparison the sharper negative signal.
The figures cover the quarter ended June 27, 2026. The revenue shortfall was USD 2.62 million, while the adjusted loss exceeded the estimate by USD 0.08 per unit, giving investors two concrete measures of the miss rather than a single headline number.
Consensus points to limited upside
MarketScreener lists a HOLD consensus based on two analysts, with an average price target of USD 17.00. Against the October 2 closing price of USD 16.67, that target lies 1.98 percent above the price, a narrow gap that leaves the quarterly miss central to the valuation discussion.
Suburban Propane's operating base remains broad. The company's investor-relations page says it serves approximately 1 million residential, commercial, industrial and agricultural customers through approximately 700 locations in 41 states, with more than 3,300 full-time employees, while distributing propane, fuel oil, refined fuels, natural gas and electricity.
Stock stays near its yearly low
The October 2 trading range was USD 16.35 to USD 16.69, and volume was 117,113 shares. At USD 16.67, the unit price stood 2.58 percent above the 52-week low of USD 16.25 and 19.86 percent below the 52-week high of USD 20.80, while market capitalization was USD 1.1 billion.
SPH stock ended at USD 16.67
Suburban Propane Partners stock closed at USD 16.67 on the NYSE on October 2, 2026, with the latest session gain set against the fiscal Q3 earnings miss and the USD 17.00 consensus target.
Suburban Propane Partners stock facts
- Company: Suburban Propane Partners, L.P.
- ISIN: US8644821048
- Ticker: SPH
- Trading venue: NYSE
- Closing price (October 2, 2026): USD 16.67
- Market capitalization: USD 1.1 billion (as of October 2, 2026)
- 52-week range: USD 16.25-20.80 (as of October 2, 2026)
- Sector / Industry: Utilities / Utilities - Regulated Gas
