September 2018: US propane imports and exports, stock watch
Each month, ICF provides LP Gas with updates on the U.S. propane market, as well as the latest trends. The data for September 2018 focused on propane and propylene imports and exports, which have continued to increase as global players see the value in securing American production. The data indicates that most U.S. exports are en route to Asia.
Stock information for AmeriGas, Ferrellgas and Suburban Propane also is provided.
U.S. Propane & Propylene Imports and Exports (Million Gallons)
Category | 2017 | 2018 | Annual Year-on-Year Change (%) |
---|---|---|---|
U.S. Propane Exports | 13,862 | 14,304 | 3.20% |
U.S. Propane Imports | 1,972 | 1,929 | -2.20% |
U.S. Propane & Propylene Exports by Destination (Million Gallons)
Country | Last 12 Months |
---|---|
Japan | 3,074 |
Mexico | 2,037 |
China | 1,592 |
Korea | 1,119 |
Singapore | 798 |
Other countries | 5,210 |
STOCK WATCH
Company | 12-month chart (as of August ’18) | Price (8/24/18) | Current Yield | 52-Week Low | 52-Week High | YTD Price Performance |
---|---|---|---|---|---|---|
AmeriGas – APU | $39.68 | 9.60% | $39.40 | $48.37 | -14.20% | |
Ferrellgas – FGP | 3.35 | 11.50% | 2.87 | 5.75 | -21.70% | |
Suburban Propane – SPH | 23.72 | 10.10% | 21.85 | 27.05 | -2.10% | |
Data courtesy of ICF |
Source: Company data, FactSet and Wells Fargo Securities LLC
(Featured photo: iStock.com/MF3d)