STAR GROUP, L.P.

Star Group, L.P. is a home heating oil and propane distributor and services provider. The company operates with one reportable operating segment, primarily offering heating-related services to residential and commercial customers. Effective November 1, 2017, Star Group, L.P. elected to be treated as a corporation for federal income tax purposes, a change approved by its unitholders. Prior to this, effective October 25, 2017, the company changed its name from "Star Gas Partners, L.P." to "Star Group, L.P." to better reflect its product and service offerings. Despite these changes, its legal structure remains a Delaware limited partnership, and its distribution provisions, including the incentive distribution structure, are unchanged. As of November 30, 2025, Star Group, L.P. had 33.0 million common partner units outstanding, representing a 99.0% limited partner interest, and 0.3 million general partner units, representing a 1.0% general partner interest. Public Unitholders held 87.7% of the common units, while Officers and Directors held 12.3%. The company's general partner is Kestrel Heat, LLC. Its operations are conducted through Petro Holdings, Inc., a wholly owned subsidiary of Star Acquisitions, Inc., and its subsidiaries.