Propane, compressed natural gas, renewable energy and related products distributor Superior Plus reported its 2025 second quarter financial results on Aug. 12, showing a slight increase in sales, while EBITDA declined during the company’s April-June.

Toronto-based Superior Plus’s 2Q sales of $423.2 million (USD) increased slightly from the $422.9 million of a year earlier. Conversely, gross profit of $228.9 million declined from 2Q24’s $235.2 million. The company said margins were negatively impacted during 2Q due to a temporary supply disruption in California.

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The company reported 2Q net loss of $14.7 million, which was an improvement from 2Q24’s $45.3 million loss.

2Q25 adjusted EBITDA of $33.5 million declined from 2Q24’s $43.3 million. Meanwhile, adjusted EBITDA across propane operations likewise declined by $10.5 million year-over-year, attributed to the timing of deliveries following high-volumes in 1Q and the impact from the company’s targeted improvement in delivery efficiency, which reduced customers’ in-tank volume during the quarter.

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“As expected, the second quarter reflected seasonally lower volumes for our propane business, particularly following strong Q1 deliveries along with the deferral of some Q2 deliveries as part of our transformation initiatives,” Superior Plus President and CEO Allan MacDonald said in the company’s financial release. “Second quarter performance was also impacted by a wholesale supply disruption due to a temporary plant shutdown in California. Superior Delivers remains on track, and we are well-positioned for the remainder of the year.”