STAR GROUP, L.P. Overview
Pro stress-test →Star Group is a full service provider specializing in the sale of home heating and air conditioning products and services to residential and commercial home heating oil and propane customers. The company believes it is the nation's largest retail distributor of home heating oil based upon sales volume. Star operates across the Northeast and Mid-Atlantic regions with a diversified home energy and HVAC business model.
Strategic Profile
Pro stress-test →The company has achieved 14 consecutive years of annual distribution increases, demonstrating consistent cash generation and disciplined capital allocation. In April 2026, Star raised its quarterly distribution to $0.1975 per common unit, up from $0.1850, equal to an annual distribution of $0.79 per unit. Growth is driven by acquisitions, organic volume expansion, and service revenue from HVAC and heating-related operations.
Competitive Landscape
Pro stress-test →Star Group competes in the fragmented home energy distribution and HVAC services market. The company's primary competitors include regional heating oil distributors and national propane retailers. Star's competitive advantages include market-leading scale (nation's largest heating oil distributor), geographic concentration in Northeast/Mid-Atlantic regions, integrated HVAC service capabilities, and a multi-decade operating history.
Industry Context
STAR GROUP, L.P. operates in Home heating oil and propane distribution.
Key facts
Founded: 1998 · Headquarters: Stamford, CT · Employees: N/A · Revenue: $1.3B (six months ended March 31, 2026) · Market cap: N/A