Star Group LP Q3 2025 Earnings Call Transcript

Star Group LP reported Q3 2025 earnings with a focus on the principal points of the call transcript. The transcript is edited and edited and the company's investor relations advisor will present the results. The call is being recorded and participants can ask questions by pressing 1 on their touch-tone phone. The presentation will be followed by an opportunity to ask questions.

Star Group LP (SGU) reported its third quarter (Q3) 2025 earnings, with a focus on the impact of warmer weather on heating oil and propane volumes. The company's investor relations advisor, Chris Witty, presented the results during a recorded conference call on August 7, 2025. Participants could ask questions by pressing 1 on their touch-tone phone.

According to the earnings call transcript, Star Group reported a net loss of $16.6 million in Q3 2025, compared to a loss of $11 million in the same quarter last year [2]. The company's financial performance was impacted by a decline in heating oil and propane volumes, attributed to warmer-than-usual weather conditions. Despite this challenge, the company remains optimistic about its strategic initiatives and future growth prospects.

Key takeaways from the earnings call include:

- Weather Impact: Warmer temperatures led to a 3.8% decrease in home heating oil and propane volumes in Q3. However, year-to-date volumes increased by 12%, indicating resilience in core operations [2].
- Strategic Initiatives: Star Group is expanding its HVAC offerings and investing in AI technology to enhance customer service. Four acquisitions were completed this fiscal year, contributing to strategic growth [2].
- Financial Highlights: The company's year-to-date net income was $102 million, up from $70 million in the previous year. Product gross profit was $72 million in Q3, a 4% decrease from the prior year [2].

Market reaction to the earnings release was cautious, with Star Group's stock price showing a slight decline. The stock closed at $11.70, down 0.51% from its previous close of $11.76 [2].

Star Group's CEO, Jeff Woosnam, emphasized the company's commitment to becoming a fully diversified energy provider. He noted that the company is positioning itself to be more resilient and adaptable to varied weather conditions [1]. Woosnam also highlighted the importance of customer service, noting that any effort to improve what differentiates the company from its competition is a sound investment.

The company plans to continue its acquisition strategy and invest in technology and service improvements to enhance resilience against varied weather conditions. The EPS and revenue forecasts for fiscal 2025 and 2026 remain stable at $0.87 and $1,766.1 million, respectively [2].

References:
[1] https://seekingalpha.com/article/4811628-star-group-l-p-common-units-sgu-q3-2025-earnings-call-transcript?source=affiliate_program:stockanalysis.com&utm_medium=affiliate&utm_source=stockanalysis.com&affid=858&oid=16&transaction=c4fb85fd339045ad8fa4c3dd2623bca6
[2] https://www.investing.com/news/transcripts/earnings-call-transcript-star-group-q3-2025-reveals-net-loss-amid-warmer-weather-93CH-4178119