Increase in Propane Volumes
Propane volumes for fiscal 2025 increased nearly 6% compared to the prior year due to strong winter demand and strategic acquisitions.
Growth in Adjusted EBITDA
Adjusted EBITDA increased by $28 million or 11.2% compared to the prior year, driven by strong propane volumes and effective margin management.
Strategic Acquisitions
Acquired propane businesses in New Mexico, Arizona, and California for a total of $77 million, enhancing market presence.
RNG Operational Improvements
Implemented operational improvements at the Stanfield, Arizona facility and advanced projects in Columbus, Ohio, and Upstate New York.
Leverage Ratio Improvement
Leverage ratio improved to 4.29 times from 4.76 times, due to increased earnings and debt reduction.
Technology Modernization Initiative
Launched a multiyear initiative to simplify operations and improve customer service through technology upgrades.