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Suburban Propane Partners started growing their distributions again during 2021 after having cut them amidst the turmoil of 2020. Thus far into their fiscal year 2022, their steady cash flow performance continued to generate ample free cash flow, even with their higher capital expenditure.

Suburban Propane Partners delivered a solid quarter despite volatile commodity prices. While propane prices increased 44% YoY, propane volumes sold only decreased 1.6%. Overall revenues and operating income increased.

Suburban Propane Partners LP (NYSE:SPH ) Q3 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Davin D'Ambrosio - VP & Treasurer Michael Stivala - President, CEO & Supervisor Michael Kuglin - CFO & CAO Conference Call Participants Operator Good day, and welcome to the Suburban Propane Partners Third Fiscal Quarter Results Conference Call. [Operator Instructions].

WHIPPANY, N.J. , July 20, 2022 /PRNewswire/ -- Suburban Propane Partners, L.P.

Suburban Propane Partners L.P. boasts an 8.5% distribution yield. The distribution is well covered by operating cash flows.

SPH is offering an 8.5% distribution yield with a wide margin of safety. Even if the decade-low free cash flow per share of $1.95 is used as a basis, SPH has a distribution coverage ratio of 1.5.

Suburban Propane Partners, L.P (NYSE:SPH ) Q2 2022 Earnings Conference Call May 5, 2022 9:00 AM ET Company Participants Michael Stivala – President & Chief Executive Officer Michael Kuglin – Chief Financial Officer & Chief Accounting Officer Steven C. Boyd – Chief Operating Officer Davin D'Ambrosio – Vice President & Treasurer Conference Call Participants Ned Baramov – Wells Fargo Operator Good morning.