Star Group, L.P. Announces New Quarterly Unit Distribution Details
Star Group, L.P. Announces Quarterly Distribution Update
STAMFORD, Conn. — Star Group, L.P. (NYSE: SGU), a leading provider in home energy distribution and services, is excited to announce its quarterly distribution of $0.1725 per common unit, applicable for the three-month period concluding December 31, 2024. This significant decision reflects the company’s ongoing commitment to delivering value to its unit holders.
Key Dates for Distribution
All unit holders should note the following important dates regarding the upcoming distribution:
- Record Date: January 27, 2025
- Payment Date: February 5, 2025
Understanding Star Group, L.P.
Star Group, L.P. is not just any service provider; it's a comprehensive solution for home energy needs, serving both residential and commercial clientele. The company specializes in selling heating products and services, ensuring homes and businesses are comfortable throughout the year. But that’s not all; Star also provides heating and air conditioning equipment, primarily to its existing home heating oil and propane customer base, and plays a role in the wider energy market by also offering diesel and gasoline on a delivery-only basis.
Industry Leadership
With its extensive operations, Star Group is proud to be known as the nation’s largest retail distributor of home heating oil by sales volume. Their strategic approach has allowed them to serve customers across the northern and eastern regions of the United States, demonstrating their reach and expertise in the industry.
Star's Commitment to Quality
The mission of Star Group goes beyond distribution; it aims to provide top-notch customer service and quality products that customers can rely on. In a time when energy needs are constantly changing, Star has consistently adapted to meet the future demands of its clients.
Innovative Solutions
As part of its commitment to innovation, Star Group is always exploring new technologies and services to enhance the customer experience. This includes advancements in heating systems, energy efficiency solutions, and more, ensuring that they remain competitive in the ever-evolving energy market.
Learn More About Star Group
For those interested in the detailed workings and financial health of Star Group, the company encourages unit holders to access their complete audited financial statements free of charge. This information provides insight into how the company is performing and its strategies moving forward. They can find this information in Star's SEC filings and also on their official website, where investors can stay updated on any changes or important announcements.
Contact Information
If you have inquiries about your investments or wish to inquire further about the quarterly distribution, you can reach out to:
Star Group, L.P.
Investor Relations - Chris Witty
Phone: 203/328-7310 | Darrow Associates: 646/438-9385
Frequently Asked Questions
What is the quarterly distribution amount announced by Star Group?
Star Group announced a quarterly distribution of $0.1725 per common unit for the period ending December 31, 2024.
When will the payment for this distribution be made?
The payment date for the distribution is set for February 5, 2025.
Who can receive the distribution from Star Group?
All unit holders recorded by the record date of January 27, 2025, will be eligible to receive the distribution.
Where can I find more information about Star Group?
Additional information about Star Group can be found on their official website and through their SEC filings.
How can investors contact Star Group for inquiries?
Investors can contact Chris Witty from Investor Relations at 203/328-7310 or through Darrow Associates at 646/438-9385.
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