August 2020: Crude oil, propane price trends

Each month, LP Gas provides updates on the U.S. propane market, as well as the latest trends. The data for August 2020 focuses on crude oil and propane price trends. This month’s data comes from the U.S. Energy Information Administration.

Stock information for Ferrellgas and Suburban Propane is also provided.

PROPANE MARKET METRICS

Data source: U.S. Energy Information Administration

Data source: U.S. Energy Information Administration

STOCK WATCH

Company	12-month chart (as of July ’20)	Price (7/17/20)	Current Yield	52-Week Low	52-Week High	YTD Price Performance
Ferrellgas – FGP		$0.43	0.0%	0.14	1.22	26.2%
Suburban Propane – SPH		14.32	16.8%	8.64	24.89	(34.5%)

Source: Company data, FactSet and Wells Fargo Securities LLC

Note: Ferrellgas delisted from the New York Stock Exchange in January and now trades on the OTC Markets.

*Featured image: iStock.com/monsitj