April 2019: Retail propane consumption, stock watch

Each month, ICF provides LP Gas with updates on the U.S. propane market, as well as the latest trends. The data for April 2019 focuses on annual retail propane consumption.

Stock information for AmeriGas, Ferrellgas and Suburban Propane also is provided.

PROPANE MARKET METRICS

HISTORICAL AND ICF FORECAST
Category	2018 (Million Gallons)	2019 (Million Gallons)	Annual Year-on-Year Change (%)
Retail Propane Consumption – Residential	4,455	4,540	1.9%
Retail Propane Consumption – Non-Residential	3,917	3,976	1.5%
Retail Propane Consumption – Total	8,372	8,516	1.7%

 

– ICF Advisory Services

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STOCK WATCH

Company	12-month chart (as of March ’19)	Price (3/15/19)	Current Yield	52-Week Low	52-Week High	YTD Price Performance
AmeriGas – APU		$28.84	13.2%	$22.75	$43.79	14.0%
Ferrellgas – FGP		1.35	0.0%	0.53	3.99	152.3%
Suburban Propane – SPH		22.75	10.5%	18.63	24.57	18.1%

Source: Company data, FactSet and Wells Fargo Securities LLC

*Featured image: iStock.com/traffic_analyzer

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