Europe cold snap ends, Propane Prices have Risen

Europe cold snap ends, Propane Prices have Risen, Cold weather has supported the market for naphtha, as propane prices have risen. Propane is used for heating but, also a feedstock used by petrochemical companies and can be substituted by naphtha. * March ICE gasoil futures were 0.52 …
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‘Neutral’ on Suburban Propane (SPH)

UBS maintains a ‘Neutral’ on Suburban Propane (NYSE: SPH) price target lowered from $47 to $43. UBS analyst says, “SPH reported F1Q12 adjusted EPU of $0.68, well below the Street consensus of $1.00. Adjusted EBITDA for F1Q was $39.1 million, a 35% decline …
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Suburban Propane Partners May Be Failing You

More Suburban Propane Partners (NYSE: SPH ) keeps of each buck it … and possibly engaging in a race to the bottom on prices. If it can’t make up for this problem by cutting costs — and most companies can’t — then both the business …
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