Exhibit 99.1

		News Release Contact: Michael Stivala Chief Financial Officer P.O. Box 206, Whippany, NJ 07981-0206 Phone: 973-503-9252

FOR IMMEDIATE RELEASE

Suburban Propane Partners, L.P. Announces
Second Quarter Results

Whippany, New Jersey, May 5, 2011 — Suburban Propane Partners, L.P. (NYSE:SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced earnings for its second quarter ended March 26, 2011. Net income amounted to $100.3 million, or $2.82 per Common Unit, compared to $98.4 million, or $2.78 per Common Unit, in the prior year second quarter. Earnings before interest, taxes, depreciation and amortization (“EBITDA”) for the second quarter of fiscal 2011 amounted to $115.7 million, compared to $112.5 million in the prior year second quarter.

Net income and EBITDA for the fiscal 2011 second quarter included a $2.0 million charge for severance costs associated with a realignment of the Partnership’s field operations initiated during the quarter. Net income and EBITDA for the fiscal 2010 second quarter included a $9.5 million loss on debt extinguishment associated with the senior note refinancing completed during March 2010. Excluding the effects of the loss on debt extinguishment from the fiscal 2010 second quarter, as well as the unrealized (non-cash) mark-to-market adjustments on derivative instruments used in risk management activities in both quarters, Adjusted EBITDA amounted to $111.6 million for the fiscal 2011 second quarter, compared to Adjusted EBITDA of $123.7 million in the prior year second quarter.

In announcing these results, President and Chief Executive Officer Michael J. Dunn, Jr., said, “The business climate in the industry continues to be challenging. Weakness in the economy, coupled with inflation in the energy sector, has impacted customer buying habits and continues to put pressure on volumes and margins. Nonetheless, our proven ability to effectively manage our cost base and drive efficiencies has helped to offset a significant portion of the lower overall gross margins. Despite the lower earnings, our balance sheet remains strong as we ended the quarter with approximately $137 million of cash on hand.”

Mr. Dunn added, “With the negative macroeconomic factors continuing to impact the industry as a whole, we recently announced an internal realignment of our field management structure and regional operating footprint. This realignment represents the next evolution of organizational change that is made possible as a result of our technology infrastructure, coupled with the talent within our organization. The steps taken are intended to put our people in the best position to drive growth in our customer base, streamline support functions in our operations to drive further operating efficiencies and continue our focus on delivering superior customer service — all activities that are in line with our strategy of delivering sustainable, profitable growth.”

Retail propane gallons sold in the second quarter of fiscal 2011 decreased approximately 10.5 million gallons, or 8.4%, to 114.0 million gallons compared to 124.5 million gallons in the prior year second quarter. Sales of fuel oil and other refined fuels decreased approximately 2.2 million gallons, or 12.0%, to 16.2 million gallons during the second quarter of fiscal 2011 compared to 18.4 million gallons in the prior year second quarter. While sales volumes benefitted from colder average temperatures in many parts of the Partnership’s service territories, sales volumes were negatively impacted by customer conservation from historically high commodity prices and ongoing weakness in the economy. Average temperatures across the Partnership’s service territories for the second quarter of fiscal 2011 were 1% colder than normal, compared to 3% warmer than normal in the prior year second quarter.

Revenues of $464.1 million decreased $5.1 million, or 1.1%, compared to the prior year second quarter, primarily due to lower volumes sold offset to an extent by higher average selling prices attributable to higher base commodity prices. Average posted prices for propane and fuel oil were 11.8% and 37.3% higher, respectively, compared to the prior year second quarter as commodity prices rose to their highest levels in over two years, dating back to the unprecedented levels reached in the latter half of fiscal 2008. Cost of products sold for the second quarter of fiscal 2011 of $259.8 million increased approximately $11.3 million, or 4.5%, compared to $248.5 million in the prior year second quarter. Cost of products sold in the second quarter of fiscal 2011 included a $4.1 million unrealized (non-cash) gain attributable to the mark-to-market adjustment for derivative instruments used in risk management activities, compared to a $1.7 million unrealized (non-cash) loss in the prior year second quarter; these unrealized losses are excluded from Adjusted EBITDA for both periods in the table below.

Combined operating and general and administrative expenses of $86.6 million for the second quarter of fiscal 2011 were $12.2 million, or 12.3%, lower than the prior year second quarter, primarily due to lower variable compensation attributable to lower earnings, and continued savings in payroll and field related expenses, offset to an extent by higher vehicle fuel costs to operate our fleet. Depreciation and amortization expense of $8.5 million increased $1.4 million, or 19.7%, primarily due to the impact of prior year acquisitions.

Once again, the Partnership funded all working capital requirements with cash on hand without the need to borrow under its working capital facility and ended the second quarter of fiscal 2011 with $136.9 million of cash. On April 21, 2011, the Partnership announced that its Board of Supervisors had declared a quarterly distribution of $0.8525 per Common Unit for the three months ended March 26, 2011. On an annualized basis, this distribution rate equates to $3.41 per Common Unit, or 1.5% higher than the distribution rate at the end of the second quarter of fiscal 2010. The $0.8525 per Common Unit distribution will be paid on May 10, 2011 to Common Unitholders of record as of May 3, 2011.

Suburban Propane Partners, L.P. is a publicly-traded master limited partnership listed on the New York Stock Exchange. Headquartered in Whippany, New Jersey, Suburban has been in the customer service business since 1928. The Partnership serves the energy needs of approximately 800,000 residential, commercial, industrial and agricultural customers through more than 300 locations in 30 states.

This press release contains certain forward-looking statements relating to future business expectations and financial condition and results of operations of the Partnership, based on management’s current good faith expectations and beliefs concerning future developments. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those discussed or implied in such forward-looking statements, including the following:

•

The impact of weather conditions on the demand for propane, fuel oil and other refined fuels, natural gas and electricity;

•

Volatility in the unit cost of propane, fuel oil and other refined fuels and natural gas, the impact of the Partnership’s hedging and risk management activities, and the adverse impact of price increases on volumes as a result of customer conservation;

•

The ability of the Partnership to compete with other suppliers of propane, fuel oil and other energy sources;

•

The impact on the price and supply of propane, fuel oil and other refined fuels from the political, military or economic instability of the oil producing nations, global terrorism and other general economic conditions;

•

The ability of the Partnership to acquire and maintain reliable transportation for its propane, fuel oil and other refined fuels;

•

The ability of the Partnership to retain customers or acquire new customers;

•

The impact of customer conservation, energy efficiency and technology advances on the demand for propane, fuel oil and other refined fuels, natural gas and electricity;

•

The ability of management to continue to control expenses;

•

The impact of changes in applicable statutes and government regulations, or their interpretations, including those relating to the environment and global warming, derivative instruments and other regulatory developments on the Partnership’s business;

•

The impact of changes in tax regulations that could adversely affect the tax treatment of the Partnership for federal income tax purposes;

•

The impact of legal proceedings on the Partnership’s business;

•

The impact of operating hazards that could adversely affect the Partnership’s operating results to the extent not covered by insurance;

•

The Partnership’s ability to make strategic acquisitions and successfully integrate them;

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The impact of current conditions in the global capital and credit markets, and general economic pressures; and

•

Other risks referenced from time to time in filings with the Securities and Exchange Commission (“SEC”) and those factors listed or incorporated by reference into the Partnership’s Annual Report under “Risk Factors.”

Some of these risks and uncertainties are discussed in more detail in the Partnership’s Annual Report on Form 10-K for its fiscal year ended September 25, 2010 and other periodic reports filed with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management’s view only as of the date made. The Partnership undertakes no obligation to update any forward-looking statement, except as otherwise required by law.

# # #

Suburban Propane Partners, L.P. and Subsidiaries
Consolidated Statements of Operations
For the Three and Six Months Ended March 26, 2011 and March 27, 2010
(in thousands, except per unit amounts)
(unaudited)

		Three Months Ended								Six Months Ended
		March 26, 2011				March 27, 2010				March 26, 2011				March 27, 2010
Revenues
Propane		$	358,309			$	369,341			$	617,710			$	602,872
Fuel oil and refined fuels			63,518				61,311				101,920				100,558
Natural gas and electricity			32,689				28,841				51,657				45,703
All other			9,586				9,670				21,122				21,462
			464,102				469,163				792,409				770,595
Costs and expenses
Cost of products sold			259,832				248,459				446,336				398,825
Operating			76,007				78,508				145,084				152,995
General and administrative			10,576				20,257				24,781				33,995
Severance charges			2,000				—				2,000				—
Depreciation and amortization			8,454				7,142				16,634				14,226
			356,869				354,366				634,835				600,041
Operating income			107,233				114,797				157,574				170,554
Loss on debt extinguishment			—				9,473				—				9,473
Interest expense, net			6,819				6,608				13,665				13,791
Income before provision for income taxes			100,414				98,716				143,909				147,290
Provision for income taxes			98				328				464				527
Net income		$	100,316			$	98,388			$	143,445			$	146,763
Net income per Common Unit — basic		$	2.82			$	2.78			$	4.04			$	4.15
Weighted average number of Common Units outstanding — basic			35,513				35,343				35,494				35,332
Net income per Common Unit — diluted		$	2.81			$	2.76			$	4.02			$	4.12
Weighted average number of Common Units outstanding — diluted			35,757				35,622				35,717				35,581
Supplemental Information:
EBITDA (a)		$	115,687			$	112,466			$	174,208			$	175,307
Adjusted EBITDA (a)		$	111,564			$	123,671			$	171,658			$	189,920
Retail gallons sold:
Propane			114,034				124,457				200,320				214,438
Refined fuels			16,249				18,381				27,642				31,436
Capital expenditures:
Maintenance		$	2,719			$	2,821			$	5,236			$	3,972
Growth		$	2,935			$	2,137			$	6,181			$	5,478

(more)

		Three Months Ended								Six Months Ended
		March 26, 2011				March 27, 2010				March 26, 2011				March 27, 2010
Net income		$	100,316			$	98,388			$	143,445			$	146,763
Add:
Provision for income taxes			98				328				464				527
Interest expense, net			6,819				6,608				13,665				13,791
Depreciation and amortization			8,454				7,142				16,634				14,226
EBITDA			115,687				112,466				174,208				175,307
Unrealized (non-cash) (gains) losses on changes in fair value of derivatives			(4,123	)			1,732				(2,550	)			5,140
Loss on debt extinguishment			—				9,473				—				9,473
Adjusted EBITDA			111,564				123,671				171,658				189,920
Add / (subtract):
Provision for income taxes			(98	)			(328	)			(464	)			(527	)
Interest expense, net			(6,819	)			(6,608	)			(13,665	)			(13,791	)
Unrealized (non-cash) gains (losses) on changes in fair value of derivatives			4,123				(1,732	)			2,550				(5,140	)
Compensation cost recognized under Restricted Unit Plans			1,067				1,025				2,399				2,017
(Gain) loss on disposal of property, plant and equipment, net			(2,612	)			293				(2,911	)			(134	)
Changes in working capital and other assets and liabilities			(52,529	)			(44,264	)			(109,729	)			(115,014	)
Net cash provided by operating activities		$	54,696			$	72,057			$	49,838			$	57,331

The unaudited financial information included in this document is intended only as a summary provided for your convenience, and should be read in conjunction with the complete consolidated financial statements of the Partnership (including the Notes thereto, which set forth important information) contained in its Quarterly Report on Form 10-Q to be filed by the Partnership with the United States Securities and Exchange Commission (“SEC”). Such report, once filed, will be available on the public EDGAR electronic filing system maintained by the SEC.