January 2020: Wholesale and retail propane prices, stock watch

Each month, LP Gas provides updates on the U.S. propane market, as well as the latest trends. The data for January 2020 focuses on wholesale and retail propane prices.

Stock information for Ferrellgas and Suburban Propane also is provided.

Click to enlarge. (Chart: U.S. Energy Information Administration, Weekly Heating Oil and Propane Update)

Tight propane supplies in the Midwest to start the heating season were similar to the situation in 2013-14 when tight supplies led to record spot and retail prices.

STOCK WATCH

Company	12-month chart (as of December ’19)	Price (12/17/19)	Current Yield	52-Week Low	52-Week High	YTD Price Performance
Ferrellgas – FGP		$0.42	0.0%	0.41	1.87	21.5%
Suburban Propane – SPH		22.09	10.9%	18.63	24.89	14.6%

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

*Featured image: avgust01/iStock/Getty Images