Star Gas Partners, L.P. Declares Quarterly Distribution of $0.0775 Per Unit
STAMFORD, Conn., Jan. 17, 2013 (GLOBE NEWSWIRE) -- Star Gas Partners, L.P.
(the "Partnership" or "Star") (NYSE:SGU), a home energy distributor and
services provider specializing in heating oil, today declared its quarterly
distribution of $0.0775 per common unit for the fiscal 2013 first quarter
ended December 31, 2012.
oRecord date: January 28, 2013
oPayment date: February 5, 2013
About Star Gas Partners, L.P.
Star Gas Partners, L.P. is the nation's largest retail distributor of home
heating oil, based upon sales volume, operating throughout the Northeast and
Mid-Atlantic.Additional information is available by obtaining the
Partnership's SEC filings at www.sec.gov and by visiting Star's website at
www.star-gas.com, where unit holders may request a hard copy of Star's
complete audited financial statements free of charge.
Forward Looking Information
This news release includes "forward-looking statements" which represent the
Partnership's expectations or beliefs concerning future events that involve
risks and uncertainties, including those associated with the effect of weather
conditions on our financial performance; the price and supply of home heating
oil; the consumption patterns of our customers; our ability to obtain
satisfactory gross profit margins; our ability to obtain new customers and
retain existing customers; our ability to make strategic acquisitions; the
impact of litigation; our ability to contract for our current and future
supply needs; natural gas conversions; future union relations and the outcome
of current union negotiations; the impact of current and future governmental
regulations, including environmental, health and safety regulations; the
ability to attract and retain employees; customer creditworthiness;
counterparty creditworthiness; marketing plans; general economic conditions;
and new technology.All statements other than statements of historical facts
included in this news release are forward-looking statements.Without limiting
the foregoing, the words "believe," "anticipate," "plan," "expect," "seek,"
"estimate" and similar expressions are intended to identify forward-looking
statements.Although the Partnership believes that the expectations reflected
in such forward-looking statements are reasonable, it can give no assurance
that such expectations will prove to be correct and actual results may differ
materially from those projected as a result of certain risks and
uncertainties.Important factors that could cause actual results to differ
materially from the Partnership's expectations ("Cautionary Statements") are
disclosed in this news release and in the Partnership's Annual Report on Form
10-K for the year ended September 30, 2010, including without limitation and
in conjunction with the forward-looking statements included in this news
release. All subsequent written and oral forward-looking statements
attributable to the Partnership or persons acting on its behalf are expressly
qualified in their entirety by the Cautionary Statements. Unless otherwise
required by law, the Partnership undertakes no obligation to update or revise
any forward-looking statements, whether as a result of new information, future
events or otherwise after the date of this news release.
CONTACT: Star Gas Partners
646/438-9385 or firstname.lastname@example.org
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