December 2019: Propane employment changes, stock watch

December 6, 2019 By LP Gas

Each month, ICF provides LP Gas with updates on the U.S. propane market, as well as the latest trends. The data for December 2019 focuses on industry employment.

Stock information for Ferrellgas and Suburban Propane also is provided.

2018 Propane Employment

Region	Retail Propane Sector	Total Propane & LPG	Total NGLs and LPG Employment
Northeast	11,187	11,895	14,473
South	17,864	21,408	25,455
Midwest	9,416	12,475	21,019
West	14,133	30,447	62,577
U.S. TOTAL	52,600	76,225	123,524

Change from 2017 to 2018 Propane Employment

Region	Retail Propane Sector	Total Propane & LPG	Total NGLs and LPG Employment
Northeast	462	-867	-1,082
South	1,146	1,796	2,173
Midwest	925	506	1,470
West	-719	84	349
U.S. TOTAL	1,814	1,519	2,910

STOCK WATCH

Company	12-month chart (as of November ’19)	Price (11/18/19)	Current Yield	52-Week Low	52-Week High	YTD Price Performance
Ferrellgas – FGP		$0.62	0.0%	0.50	1.87	15.9%
Suburban Propane – SPH		22.94	10.4%	18.63	24.89	19.0%

Source: Company data, FactSet and Wells Fargo Securities LLC
Note: APU’s last day of trading was Aug. 21, 2019 (acquired by its parent company, UGI Corp.)

*Featured photo: iStock.com/Nikada