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Stock impact report

Star Group, L.P. Reports Fiscal 2024 Fourth Quarter Results [Yahoo! Finance]

Star Group L.P. (SGU) 
US:NYSE Investor Relations: stargrouplp.com/investor-relations
Company Research Source: Yahoo! Finance
provider, today announced financial results for its fiscal 2024 fourth quarter and year ended September 30, 2024. Three Months Ended September 30, 2024 Compared to the Three Months Ended September 30, 2023 For the fiscal 2024 fourth quarter, Star reported a 10.0 percent decrease in total revenue to $240.3 million compared with $266.9 million in the prior-year period, reflecting slightly lower volumes sold and a decrease in selling prices for petroleum products, partially offset by higher service and installation revenue. The volume of home heating oil and propane sold during the fiscal 2024 fourth quarter decreased by 0.3 million gallons, or 1.5 percent, to 18.5 million gallons, as the additional volume provided from acquisitions was more than offset by the impact of net customer attrition and other factors. Star's net loss increased by $15.4 million in the quarter, to $35.1 million, as a $28.4 million unfavorable change in the fair value of derivative instruments was only parti Show less Read more
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