March 2021: US propane inventory levels

March 10, 2021 By    

Each month, LP Gas provides updates on the U.S. propane market, as well as the latest trends. The data for March 2021 presents historical U.S. propane/propylene inventory levels and forecasts levels through July 2021. This month’s data comes from the U.S. Energy Information Administration.

Stock information for Ferrellgas and Suburban Propane is also provided.


Chart: U.S. Energy Information Administration

Chart: U.S. Energy Information Administration

The U.S. Energy Information Administration forecasts continuing draws on propane inventory through March and end-of-season levels equal to those of 2017.


Company 12-month chart (as of February ’21) Price (2/18/21) Current Yield 52-Week Low 52-Week High YTD Price
Ferrellgas – FGP FPG-march-2021-stock-watch $0.63 0.0% 0.14 0.95 (130.8%)
Suburban Propane – SPH SPH-march-2021-stock-watch 15.77 7.6% 8.64 21.60 (6.1%)

Source: Company data, FactSet and Wells Fargo Securities LLC

Note: Ferrellgas delisted from the New York Stock Exchange in January 2020 and now trades on the OTC Markets.

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