Suburban Propane Partners LP (NYSE: SPH) is a publicly-traded, Fortune 1000 company that specializes in the distribution of propane, fuel oil, and related products and services in the United States. Established in 1928 and headquartered in Whippany, New Jersey, Suburban Propane Partners has grown to become one of America's largest propane marketers, serving over one million residential, commercial, industrial, and agricultural customers in 41 states across the U.S.
The company's primary business is the retail distribution of propane to residential, commercial, industrial, and agricultural customers and the wholesale distribution of propane to industrial end users and certain resellers. Other offerings by the company include heating oil, kerosene, diesel fuel, and natural gas supplies, as well as an array of home comfort services such as heating, ventilation, and air conditioning (HVAC) installations and services.
Suburban Propane's strategy is centered on creating value for its customers through a comprehensive platform of energy products and services. Their timely and safe delivery of products and services, high-quality customer service, and broad geographic footprint set them apart in the energy sector. The company's smart energy solutions, like the Suburban Cylinder Express Propane Tank Exchange and various energy-efficient appliances, embody their commitment to innovation.
While being a leader in the industry, Suburban Propane also believes in contributing to the communities it serves. Through the SuburbanCares initiative, the company supports many local organizations and initiatives including scholarship programs, food drives, and disaster relief efforts.
Suburban Propane Partners LP also takes a stance on sustainability, positioning propane as a clean energy alternative that plays a critical role in reducing greenhouse gases and addressing climate change. The company also operates with a focus on safety, with trained and certified employees who prioritize safe and reliable services.
Through over nine decades of development and expansion, Suburban Propane Partners LP has certainly made an indelible mark in the American energy industry, and it continues to innovate and evolve to meet the changing needs of its customers, while contributing positively to the environment and the communities where it operates. With its robust service network and commitment to superior service, it remains a vital player in the energy sector.