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Suburban Propane

Founded 1928 United States United States 1884 employees Post-IPO Debt Total: $500.00M Energy

General Information

Company Name Suburban Propane
Founded Year 1928
Location United States United States
Employees 1884
Industries Energy
Funding Stage Post-IPO Debt
Social

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About Suburban Propane

Suburban Propane is a leading nationwide distributor of propane, fuel oil, natural gas, and electricity, with over 1 million customers in 41 states. The company, founded in 1928 and headquartered in Whippany, NJ, celebrated its 90th anniversary in 2018.

The company's commitment to safety and customer service has been a cornerstone of its 90-year legacy. Through its SuburbanCares pillar, Suburban Propane is dedicated to giving back to the local communities it serves and has various employee-focused initiatives and philanthropic endeavors. Additionally, under its Go Green with Suburban Propane pillar, the company is focused on developing innovative solutions to reduce the emissions profile of propane and promote its clean and versatile nature as a bridge to a green energy future.

Recently, the company secured a substantial $500.00 million post-IPO debt investment on 18 March 2024, reflecting investor confidence in its vision and operations.

Suburban Propane's emphasis on community, sustainability, and innovation positions it as a compelling investment opportunity in the energy sector.

Business keywords: propane distributor, fuel oil distributor, natural gas marketer, electricity marketer, energy services, customer service excellence, safety standards, community-focused initiatives, employee development, emissions reduction, clean energy, corporate social responsibility, innovation, corporate culture

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $500.00M -
18 Mar 2024

Suburban Propane Alternatives & Competitors

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Suburban Propane vs
REFINOR S.A.
REFINOR S.A. Argentina

Que bueno es encontrarnos.

695 employees
Energy, Oil and Gas
Suburban Propane vs

Advancing renewables development across North America.

Post-IPO Debt
378 employees
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Suburban Propane vs
SM Energy Company
SM Energy Company United States

SM Energy Company is an independent energy company focused on the exploration, exploitation, develop...

Post-IPO Debt
1848 employees
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FAQ About Suburban Propane

Suburban Propane Partners, L.P., is a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, servicing over 1 million customers through 700 plus locations across 41 states. The company proudly celebrated 90 years of innova...
Suburban Propane was founded in 1928.
Suburban Propane is headquartered in United States.
Suburban Propane operates in Energy. Its work centres on propane distributor, fuel oil distributor, natural gas marketer and electricity marketer.
Suburban Propane has approximately 1884 employees.
Suburban Propane has completed 1 funding round, raising a total of $500.00M. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Suburban Propane include REFINOR S.A., Archaea Energy, SM Energy Company, Dominion Energy, NuVista Energy Ltd.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Suburban Propane and REFINOR S.A. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Suburban Propane, https://bouncewatch.com/company/suburban-propane, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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