AmeriGas Partners, L.P. (NYSE:APU)

CAPS Rating: 4 out of 5

The Company is a holding company who retails propane distributor in the United States, distributing more than one billion gallons of propane annually.

Recs

2
Player Avatar Toddq34 (< 20) Submitted: 5/15/2008 12:54:24 PM : Underperform Start Price: $21.47 APU Score: -65.27

AmeriGas Partners, L.P. is a retail propane distributor in the United States. As at September 30, 2007, it served approximately 1.3 million residential, commercial, industrial, agricultural and motor fuel customers from approximately 650 district locations in 46 states. It conducts its business principally through its subsidiary, AmeriGas Propane, L.P. (AmeriGas OLP) and its subsidiary, AmeriGas Eagle Propane, L.P. (Eagle OLP and together with AmeriGas OLP, the Operating Partnership). The Partnership also sells, installs and services propane appliances, including heating systems. In certain markets, the Partnership also installs and services propane fuel systems for motor vehicles. AmeriGas Propane, Inc. is its general partner, which is responsible for managing the Company's operations. In August 2007, AmeriGas Partners, L.P. announced that its operating partnership has acquired All Star Gas Corporation, a propane distribution business serving over 42,000 customers in five states

With the costs of propane through the roof, most folks I know have switched to pellets, or natural gas.

Member Avatar mlkf (< 20) Submitted: 8/16/2013 8:25:30 PM
Recs: 0

Costs are lower than historical averages.

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