Suburban Propane Partners L.P. (NYSE: SPH) is a publicly traded master limited partnership headquartered in Whippany, New Jersey, that provides propane and related energy services to residential, commercial, industrial and agricultural customers. As one of the largest propane retailers in the United States, the company delivers propane gas, heating oil, diesel fuel and natural gas throughout its service territories. In addition to fuel distribution, Suburban Propane offers HVAC installation, maintenance and repair services, as well as safety inspections and equipment leasing to support customers’ energy needs.
The company’s core business centers on the delivery of propane for space and water heating, cooking and agricultural applications. Suburban Propane also markets propane cylinder products through its network of cylinder exchange locations and independent dealers. To complement its traditional fuel portfolio, the partnership supplies diesel for on-road and off-road use, heating oil for customers in colder climates and electricity services in select markets. Suburban Propane’s integrated service offerings are designed to provide a one-stop solution for energy, equipment and safety requirements.
Suburban Propane Partners serves approximately one million customers across more than twenty states, with a footprint that spans the Northeast, mid-Atlantic, Great Lakes region, California and parts of the Southeast. Its delivery network includes a fleet of specialized vehicles, distribution terminals and storage facilities that enable reliable, year-round service. The company’s operations are supported by a team of field technicians, customer service representatives and logistics personnel who coordinate deliveries and manage seasonal demand fluctuations.
Formed in 2005 when the company transitioned to a master limited partnership, Suburban Propane traces its roots to a family-owned propane distribution business established in the early 20th century. Over the decades, it has expanded through strategic acquisitions and organic growth, building scale in key regional markets. Today, Suburban Propane is led by an experienced management team with expertise in energy distribution, logistics and regulatory compliance, positioning the partnership to meet evolving customer needs and industry dynamics.
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