March 2020 Market Watch: Propane sales by division, district

March 31, 2020 By    

Each month, ICF provides LP Gas with updates on the U.S. propane market, as well as the latest trends. The data for March 2020 focuses on retail propane sales by census division and PADD district.

Stock information for Ferrellgas and Suburban Propane is also provided.

PROPANE MARKET METRICS

SHARE OF 2018 TOTAL RETAIL PROPANE SALES BY CENSUS DIVISION
East North Central 20%
East South Central 5%
Middle Atlantic 10%
Mountain 8%
New England 8%
Pacific 9%
South Atlantic 15%
West North Central 18%
West South Central 7%
SHARE OF 2018 TOTAL RETAIL PROPANE SALES BY PADD DISTRICT
PADD I 33%
PADD II 42%
PADD III 9%
PADD IV 5%
PADD V 11%

Source: ICF/PERC Annual Propane Sales Report

STOCK WATCH

Company 12-month chart (as of February ’20) Price (2/28/20) Current Yield 52-Week Low 52-Week High YTD Price
Performance
Ferrellgas – FGP Image: LP Gas $0.30 0.0% 0.20 1.87 (11.0%)
Suburban Propane – SPH Image: LP Gas 19.57 12.3% 18.50 24.89 (10.4%)

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: MicroStockHub/iStock / Getty Images Plus/Getty Images

This article is tagged with , , , and posted in Propane Market Metrics

Comments are currently closed.