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November 2022: Propane tank fees

November 8, 2022 By    

Each month, LP Gas provides updates on the U.S. propane market, as well as the latest trends. The data for November 2022 is from Gray, Gray & Gray’s 2022 propane industry survey.

Stock information for Ferrellgas and Suburban Propane is also provided.

PROPANE MARKET METRICS

Source: Gray, Gray & Gray 2022 propane industry survey

Source: Gray, Gray & Gray 2022 propane industry survey

Note: Data on rental, minimal use and tank monitor fees represent the year April 2021 through March 2022.

For more data on tank management, see full results of Gray, Gray & Gray’s 2022 propane industry survey at gggllp.com/energy-survey-results-2022.


STOCK WATCH

Company 12-month chart
(as of November ’22)
Price (11/1/22) Current Yield 52-Week Low 52-Week High YTD Price
Performance
Ferrellgas – FGPR Ferrellgas - FGPR $9.70 N/A 6.50 24.00 (34.0%)
Suburban Propane – SPH Suburban Propane – SPH 16.23 8.0% 13.83 17.75 10.8%

Source: Company data, FactSet and Wells Fargo Securities LLC (SPH); Yahoo Finance (FGPR)

Featured homepage photo: monsitj/iStock / Getty Images Plus/Getty Images

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