4 Propane Stocks To Watch Heading Into A COVID Winter
Propane stocks are on watch with restaurants boosting their outdoor seating capacities due to social distancing inside. The Propane Trade: A survey from the National Restaurant Association showed 50% of full-service restaurants were taking action to extend their outdoor dining seasons with methods like patio heaters. Paul Sankey, an independent oil analyst, refers to the demand as “the seemingly all-but COVID-proof propane market.” Suburban Propane Partners: Serving over 1 million customers across 41 states, Suburban Propane Partners (NYSE: SPH ) is one of the largest propane companies. The company saw an increase of demand from retail customers in the third quarter , which helped offset weakness from the company’s commercial business. Third-quarter revenue was $206.9 million, a 3.4% year-over-year decline. CEO Michael Stivala recently told … Full story available on Benzinga.com
4 Propane Stocks To Watch Heading Into A COVID Winter
Propane stocks are on watch with restaurants boosting their outdoor seating capacities due to social distancing inside. The Propane Trade: A survey from the National Restaurant Association showed 50% of full-service restaurants were taking action to extend their outdoor dining seasons with methods like patio heaters. Paul Sankey, an independent oil analyst, refers to the demand as “the seemingly all-but COVID-proof propane market.” Suburban Propane Partners: Serving over 1 million customers across 41 states, Suburban Propane Partners (NYSE: SPH ) is one of the largest propane companies. The company saw an increase of demand from retail customers in the third quarter , which helped offset weakness from the company’s commercial business. Third-quarter revenue was $206.9 million, a 3.4% year-over-year decline. CEO Michael Stivala recently told … Full story available on Benzinga.com