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Condensed Financial Information of Registrant
 12 Months Ended
Sep. 30, 2025
Condensed Financial Information Disclosure [Abstract]  
Condensed Financial Information of Registrant

Schedule I

STAR GROUP, L.P. (PARENT COMPANY)

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

 

 

 

September 30,

 

(in thousands)

 

2025

 

 

2024

 

Balance Sheets

 

 

 

 

 

 

ASSETS

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

Cash and cash equivalents

 

$

41

 

 

$

40

 

Prepaid expenses and other current assets

 

 

367

 

 

 

343

 

Total current assets

 

 

408

 

 

 

383

 

Investment in subsidiaries (a)

 

 

296,507

 

 

 

263,597

 

Total Assets

 

$

296,915

 

 

$

263,980

 

LIABILITIES AND PARTNERS’ CAPITAL

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

Accrued expenses

 

$

135

 

 

$

87

 

Total current liabilities

 

 

135

 

 

 

87

 

Partners’ capital

 

 

296,780

 

 

 

263,893

 

Total Liabilities and Partners’ Capital

 

$

296,915

 

 

$

263,980

 

 

(a)
Investments in Star Acquisitions, Inc. and subsidiaries are recorded in accordance with the equity method of accounting.

Schedule I

STAR GROUP, L.P. (PARENT COMPANY)

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

 

 

 

Years Ended September 30,

 

(in thousands)

 

2025

 

 

2024

 

 

2023

 

Statements of Operations

 

 

 

 

 

 

 

 

 

Revenues

 

$

—

 

 

$

—

 

 

$

—

 

General and administrative expenses

 

 

1,591

 

 

 

1,621

 

 

 

1,607

 

Operating loss

 

 

(1,591

)

 

 

(1,621

)

 

 

(1,607

)

Net loss before equity income

 

 

(1,591

)

 

 

(1,621

)

 

 

(1,607

)

Equity income of Star Acquisitions Inc. and subs

 

 

75,086

 

 

 

36,844

 

 

 

33,552

 

Net income

 

$

73,495

 

 

$

35,223

 

 

$

31,945

 

 

Schedule I

STAR GROUP, L.P. (PARENT COMPANY)

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

 

 

 

Years Ended September 30,

 

(in thousands)

 

2025

 

 

2024

 

 

2023

 

Statements of Cash Flows

 

 

 

 

 

 

 

 

 

Cash flows provided by operating activities:

 

 

 

 

 

 

 

 

 

Net cash provided by operating activities (a)

 

$

41,712

 

 

$

36,125

 

 

$

28,219

 

Cash flows provided by investing activities:

 

 

 

 

 

 

 

 

 

Net cash provided by investing activities

 

 

—

 

 

 

—

 

 

 

—

 

Cash flows used in financing activities:

 

 

 

 

 

 

 

 

 

Distributions

 

 

(26,116

)

 

 

(25,038

)

 

 

(23,744

)

Unit repurchase

 

 

(15,595

)

 

 

(11,088

)

 

 

(4,475

)

Net cash used in financing activities

 

 

(41,711

)

 

 

(36,126

)

 

 

(28,219

)

Net increase (decrease) in cash

 

 

1

 

 

 

(1

)

 

 

—

 

Cash and cash equivalents at beginning of period

 

 

40

 

 

 

41

 

 

 

41

 

Cash and cash equivalents at end of period

 

$

41

 

 

$

40

 

 

$

41

 

 

 

 

 

 

 

 

 

 

 

(a) Includes distributions from subsidiaries

 

$

41,712

 

 

$

36,125

 

 

$

28,219