Suburban Propane Partners Outlines $60M-$70M Capital Expenditures for Fiscal 2027
Suburban Propane Partners, L.P. (SPH) reported strong performance for fiscal year 2026, characterized by solid results within its core propane operations and significant progress in scaling its renewable natural gas (RNG) platform. Management described the previous fiscal year as an outstanding period of growth and operational stability. Looking ahead to fiscal 2027, the company expects capital expenditures to range between $60 million and $70 million. This guidance reflects a strategic shift as spending related to RNG platform expansion is expected to ease, allowing for more stabilized capital allocation following recent heavy investments in renewable energy infrastructure.
Tickers: $SPH
Topics: earnings report propane operations renewable natural gas