Suburban Propane Partners LP
Change company Symbol lookup
Select an option...
SPH Suburban Propane Partners LP
PH Parker-Hannifin Corp
SGU Star Group LP
FGPR Ferrellgas Partners LP
PFE Pfizer Inc
MSFT Microsoft Corp
BORR Borr Drilling Ltd
AMZN Amazon.com Inc
GOOGL Alphabet Inc
TRBCX T. Rowe Price Blue Chip Growth Fund
Go

Utilities : Gas Utilities | Small Cap Value
Company profile

Suburban Propane Partners, L.P. is a marketer and distributor of a range of products. The Company specializes in the distribution of propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets. The Company's segments include Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. In support of its marketing and distribution operations, the Company installs and services a range of home comfort equipment, particularly in the areas of heating and ventilation. The Company conducts its business through Suburban Propane, L.P., which operates its propane business and assets (the Operating Partnership), and its direct and indirect subsidiaries. As of September 24, 2016, it had sold approximately 414.8 million gallons of propane and 30.9 million gallons of fuel oil and refined fuels to retail customers. The Company owns and operates a propane storage facility in Elk Grove, California.

Price
Delayed
$19.22
Day's Change
-0.3665 (-1.87%)
Bid
--
Ask
--
B/A Size
--
Day's High
19.54
Day's Low
18.50
Volume
(Heavy Day)

Today's volume of 375,505 shares is on pace to be much greater than SPH's 10-day average volume of 265,485 shares.

375,505

UPDATE: Roku shares slump 15% on widening loss

7:48 am ET November 7, 2019 (MarketWatch)
Print

By Claudia Assis, MarketWatch , Jon Swartz

Shares have jumped nearly 400% this year

Roku Inc. shares were creamed 15% in after-hours trading Wednesday after it reported a third-quarter loss nearly triple that of a year ago.

Roku (ROKU), a maker of video-streaming hardware, reported (https://ir.roku.com/static-files/ef6c5b39-0887-4746-a0cc-aaf7eb50e541)an adjusted loss of $26.5 million, or 22 cents a share, compared with a loss of $9.5 million, or 9 cents a share, in the year-ago period. The stock was down 14% premarket Thursday.

Revenue did jump 50% to $260.9 million, from $173.4 million a year ago. And the company reported 32.3 million active accounts, a net addition of 1.7 million from the previous quarter. Roku also reported a 30% year-over-year hike in average revenue per user, at $22.58. Both figures beat the estimates of Wall Street analysts.

Analysts polled by FactSet had expected Roku to report a GAAP loss of 28 cents a share on sales of $257 million.

See also:Roku remains a promising stock even after this year's surge (http://www.marketwatch.com/story/roku-remains-a-promising-stock-even-after-this-years-surge-2019-11-06)

Separately, Roku on Wednesday announced its intention acquire ad-tech company Dataxu for $150 million. "We believe the dataxu acquisition will accelerate our platform's advertising technology roadmap, strengthen our already industry-leading TV streaming platform and give us the opportunity to create an even more appealing offering for advertisers," Roku Chief Executive Anthony Wood and Chief Financial Officer Steve Louden said in a letter to shareholders.

Roku makes streaming dongles and owns a streaming platform and channel. It went public in 2017 and its stock has been one of the hottest of the year, up 360% in 2019. That compares with gains around 23% and 18% for the S&P 500 index and the Dow Jones Industrial , respectively, in the same period.

The company was under some strain, however, from increased competition, including Apple Inc.'s (AAPL) recently launched Apple TV+. Roku also faces fierce competition from Amazon.com Inc.'s (AMZN) Fire TV and Alphabet Inc.'s (GOOGL) (GOOGL) Google's Chromecast.

During a conference call with analysts following the quarterly report Wednesday, Wood said an avalanche of content with the launch of new streaming services from Apple and Walt Disney Co. (DIS) will hike net additions to active Roku accounts, bolstering ad revenue in the process.

The fourth quarter is typically Roku's strongest. Analysts polled by FactSet expect a much-narrower loss (4 cents a share) and significantly higher revenue ($386 million) for the December quarter.

-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 07, 2019 07:48 ET (12:48 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.