Suburban Propane Exits Low Sulfur Diesel and Gasoline Businesses

Suburban Propane Partners, L.P. exited the majority of its low sulfur diesel and gasoline businesses, resulting in a significant reduction in refined fuels volumes.

“The Partnership’s decision to exit the majority of its low sulfur diesel and gasoline businesses resulted in a reduction in volumes in the refined fuels segment of approximately 7.1 million gallons, or 46.4% of the total volume decline, in the first quarter of fiscal 2007 compared to the prior year first quarter.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.