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SPH

Suburban Propane Partners, L.P.

Sector: utilitiesRegulated GasNYSEMarket Cap: $1.34B

Suburban Propane Partners, L.P. (SPH) is a master limited partnership distributing propane, fuel oil, and related services, with minimal direct federal contract exposure ($130K across 8 contracts).

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Govt Dependence
5/100
Regulatory Density
85/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat SPH does

SPH operates as a nationwide distributor of propane, fuel oil, and refined fuels, and provides natural gas and electricity marketing services. Its revenue is primarily generated from the retail distribution of propane to residential, commercial, industrial, and agricultural customers. The partnership also engages in the marketing of natural gas and electricity in deregulated markets.

12 months past · 3 months futureSPH activity timeline

$21$19$16 OctNovDecJan '26FebMarAprMayJunJulAugSepOctNovDec ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Sep 14 $20.68 hi $16.55 lo $17.70 CONGRESS 30 INSIDERS 0 13F FUNDS 14 BILLS 2 Citadel Advisors · - $1M · 2025-09-30Citadel Advisors · - $1M · 2025-12-31 MARKUP · Senate Environment and Public Works · 2026-09-16MARKUP · Senate Energy and Natural Resources · 2026-09-16
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
243 trading days · 0 congressional trades shown · 0 insider buys · 2 13F filings · 0 past bill actions · 2 upcoming markups

Lifetime Government AwardsSPH federal contracts by year

$716K
total awarded · 2007–2019
121
contracts on file
2012
peak year ($163K)
$163K $81K 2007: $7K across 1 contract $7K 2007 2008: $10K across 4 contracts $10K 2008 4 contracts 2009: $3K across 1 contract $3K 2009 2010: $52K across 4 contracts $52K 2010 4 contracts 2011: $13K across 2 contracts $13K 2011 2 contracts 2012: $163K across 36 contracts (peak year) $163K 2012 36 contracts 2013: $101K across 28 contracts $101K 2013 28 contracts 2014: $118K across 19 contracts $118K 2014 19 contracts 2015: $102K across 15 contracts $102K 2015 15 contracts 2016: $58K across 6 contracts $58K 2016 6 contracts 2017: $45K across 1 contract $45K 2017 2018: $21K across 3 contracts $21K 2018 3 contracts 2019: $23K across 1 contract $23K 2019
Top contracts by award amount
$45K Department of Health and Human Serv 2017-01-31 IGF::OT::IGF BASE PERIOD 1112-000010984-001 SUBURBAN PROPANE (GAS BILL
$34K Department of the Interior 2012-03-13 DELIVERY ORDER (PWR512) - LIQUID PROPANE
$27K Department of Health and Human Serv 2015-11-19 ADDITIONAL FUNDING FOR REQUISITION # 3964768 (SUBURBAN PROPANE) CAN# 8
$26K Department of the Interior 2010-12-31 PROVIDE AND DELIVER APPROXIMATELY LIQUID PETROLEUM GAS (LPG), PINNACLE
$23K Department of Homeland Security 2019-08-02 FUEL DELIVERY FEES
13 years · 121 contracts

Smart Money · 13F HoldingsHedge funds holding SPH

$1.1M
Total SPH held by tracked 13F funds
1
Funds with SPH positions
Citadel Advisors $1M -11% 2025-12-31

Congressional TradesWho in Congress is trading SPH

2021-12-22 (unknown) Sale $250,001 - $500,000
2021-12-22 (unknown) sale $250,001 - $500,000
2021-09-02 (unknown) Purchase $250,001 - $500,000
2021-09-02 (unknown) purchase $250,001 - $500,000
2020-10-05 (unknown) Sale $100,001 - $250,000
2020-10-05 (unknown) Sale $250,001 - $500,000
2020-10-05 (unknown) sale $100,001 - $250,000
2020-10-05 (unknown) sale $250,001 - $500,000
2020-08-28 (unknown) Purchase $15,001 - $50,000
2020-08-28 (unknown) purchase $15,001 - $50,000
2020-08-14 (unknown) Purchase $15,001 - $50,000
2020-08-14 (unknown) purchase $15,001 - $50,000
30+ trades on file · most recent 2022-01-03

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Political ProfileWhere SPH sits in Washington

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STRUCTURAL: High regulatory density (85) due to energy/utilities sector, but no lobbying spend (`get_political_influence.lobbying.total_income`: $0) or aligned committee champions identified. EVIDENTIARY: Negligible federal contract footprint ($130K via `get_government_precedent.federal_contracts_summary[0].total_obligation`), zero corporate insider buys (`get_corporate_insider_signal.total_buys`: 0), and zero congressional trades (`Top congressional traders` empty). Net: Minimal direct political engagement against a backdrop of high inherent regulatory exposure.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Potential emissions and efficiency standards for propane appliances and distribution equipment.
    Environmental Protection Agency, Department of Energy
    "High `regulatory_density_score` (85) based on sector; no specific bill carveouts in `Recent bill_carveouts`."

Regulatory opportunities

  • Inclusion of propane as a transitional or alternative fuel in energy security or rural energy programs.
    Department of Energy, Department of Agriculture
    "Sector exposure to energy policy; no specific carveouts in `Recent bill_carveouts`."
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Frequently AskedAbout SPH & political exposure

Does Suburban Propane Partners, L.P. (SPH) hold federal contracts?
Yes. Suburban Propane Partners, L.P. has 121 federal contract awards totaling $715,854, primarily from agencies including Department of Defense, Department of Health and Human Services, Department of Homeland Security. See full contract list and amounts on this page.
Has Congress traded SPH stock?
46 congressional trades by 4 unique members of Congress, most recently on 2021-12-22. See the Congressional Trading panel for politician-by-politician breakdown.
What is SPH political risk profile?
Government dependence: 5/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track SPH political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. SPH data is updated daily from these official federal sources.