Company: SPH
Filing Date: 2025-11-26
Form Type: 10-K
Source: 0001193125-25-298630
Chunk: 24

Company: SUBURBAN PROPANE PARTNERS LP
Filing Date: 2025-11-26
Form: 10-K
Item: Item 7
Chunk 24
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 during the first nine months of the year, and then turned lower during the fourth quarter, resulting in average wholesale costs for the full year being 5.8% higher than the prior year.  Consistent with our established practice, we adjusted customer pricing as market conditions allowed. According to the Energy Information Administration, U.S. propane inventory levels at the end of September 2025 were 103.4 million barrels, which was 5.7% higher than September 2024 levels and 12.8% higher than the five-year average for September.