Star Group, L.P. to Host Fiscal 2020 Second Quarter Webcast and Conference Call May 5, 2020
April 30 2020 - 8:00AM
Star Group, L.P. (the “Company” or “Star”) (NYSE: SGU), a leading
home energy distributor and services provider, today announced that
it will release its fiscal 2020 second quarter results after the
close of trading on May 4, 2020. Members of Star's management team
will host a webcast and conference call at 11:00 a.m. Eastern Time
the following day, May 5, 2020, to review the three and six months
ended March 31, 2020.
The webcast will be accessible on the company’s
website, at www.stargrouplp.com, and the telephone number for the
conference call is 877-327-7688 (or 412-317-5112 for international
callers).
About Star Group, L.P.Star
Group, L.P. is a full service energy provider specializing in the
sale of home heating oil and propane to residential and commercial
customers primarily within the Northeast, Central and Southeast
United States. The Company also sells gasoline and diesel fuel as
well as installs, maintains, and repairs various heating and air
conditioning equipment; to a lesser extent, it provides these
ancillary services outside its product customer base, including
service contracts for natural gas and other heating systems. Star
is the nation's largest retail distributor of home heating oil
based upon sales volume. Additional information is available by
obtaining the Company's SEC filings at www.sec.gov and by visiting
Star's website at www.stargrouplp.com, where unit holders may
request a hard copy of Star’s complete audited financial statements
free of charge.
Forward Looking InformationThis
news release includes “forward-looking statements” which represent
our expectations or beliefs concerning future events that involve
risks and uncertainties, including those associated with the
severity and duration of the novel coronavirus, or COVID-19,
pandemic, the pandemic’s impact on the U.S. and global economies,
the timing, scope and effectiveness of federal, state and local
governmental responses to the pandemic, the effect of weather
conditions on our financial performance, the price and supply of
the products that we sell, the consumption patterns of our
customers, our ability to obtain satisfactory gross profit margins,
our ability to obtain new customers and retain existing customers,
our ability to make strategic acquisitions, the impact of
litigation, our ability to contract for our current and future
supply needs, natural gas conversions, future union relations and
the outcome of current and future union negotiations, the impact of
current and future governmental regulations, including climate
change, environmental, health, and safety regulations, the ability
to attract and retain employees, customer credit worthiness,
counterparty credit worthiness, marketing plans, potential
cyber-attacks, general economic conditions and new technology. All
statements other than statements of historical facts included in
this news release are forward-looking statements. Without limiting
the foregoing, the words "believe," "anticipate," "plan," "expect,"
"seek," "estimate" and similar expressions are intended to identify
forward-looking statements. Although the Company believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will
prove to be correct and actual results may differ materially from
those projected as a result of certain risks and uncertainties.
These risks and uncertainties include, but are not limited to,
those set forth under the heading "Risk Factors" and "Business
Strategy" in our Annual Report on Form 10- K (the "Form
10-K") for the fiscal year ended September 30, 2019. Important
factors that could cause actual results to differ materially from
the Company’s expectations ("Cautionary Statements") are disclosed
in this news release and in the Form 10-Q. Currently, one of the
most significant factors, however, is the potential adverse effect
of the pandemic of the novel coronavirus, or COVID-19, on the
financial condition, results of operations, cash flows and
performance of the Company and its customers and counterparties and
the global economy and financial markets. The extent to which
COVID-19 impacts us and our customers will depend on future
developments, which are highly uncertain and cannot be predicted
with confidence, including the scope, severity and duration of the
pandemic, the actions taken to contain the pandemic or mitigate its
impact, and the direct and indirect economic effects of the
pandemic and containment measures, among others. All subsequent
written and oral forward-looking statements attributable to the
Company or persons acting on its behalf are expressly qualified in
their entirety by the Cautionary Statements. Unless otherwise
required by law, the Company undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise after the date of this news
release.
CONTACT:Star GroupInvestor
Relations203/328-7310
Chris WittyDarrow Associates, Inc.646/438-9385
or cwitty@darrowir.com
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