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October 09, 2015 9:04 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Amerigas Propane, Inc.

Company Overview

Amerigas Propane, Inc. retails and markets propane to residential, commercial, industrial, and agricultural customers in the United States. It offers propane for use in home heating, space heating, water heating, pool and spa heating, drying, cooking, grilling, motor fuels, drying clothes, building construction sites, filling stations, restaurants, hotels, schools, crematories, vehicles, and forklifts. The company is based in King of Prussia, Pennsylvania with additional locations in the United States. Amerigas Propane, Inc. operates as a subsidiary of AmeriGas, Inc.

460 North Gulph Road

King of Prussia, PA 19406

United States





Key Executives for Amerigas Propane, Inc.

Chief Executive Officer, President and Director
Age: 50
Chief Financial Officer, Vice President of Finance and Treasurer
Age: 52
Chief Operating Officer and Vice President
Age: 52
Vice Chairman, Member of Executive Committee and President of UGI Corporation
Age: 60
Chief Accounting Officer and Controller
Age: 49
Compensation as of Fiscal Year 2015.

Amerigas Propane, Inc. Key Developments

Amerigas Propane, Inc. Elects Pedro A. Ramos to the Board of Directors

AmeriGas Partners, L.P. announced that Pedro A. Ramos, 50, was elected a director of AmeriGas Propane, Inc., the general partner of AmeriGas Partners, L.P., effective September 28, 2015. Mr. Ramos currently serves as the President and Chief Executive Officer of The Philadelphia Foundation.

Amerigas Propane, Inc. Announces Unaudited Earnings Results for the Third Quarter Ended June 30, 2015

Amerigas Propane, Inc. announced unaudited earnings results for the third quarter ended June 30, 2015. For the quarter, the company's revenues were $478.0 million, partnership EBITDA was $48.9 million, operating income was $0.8 million and capital expenditures was $20.7 million against revenues of $613.2 million, partnership EBITDA of $55.1 million, operating income of $7.2 million and capital expenditures of $29.3 million a year ago. Retail revenues decreased $130.1 million primarily due to lower propane costs, and, to a lesser extent, the impact of lower volumes. The Partnership’s adjusted EBITDA decreased primarily due to lower volume given warmer weather versus the prior year.

Amerigas Propane, Inc. Not to Serve as Vice President Law and General Counsel

Effective July 10, 2015, Steven A. Samuel is no longer serving as vice president law and general counsel of AmeriGas Propane, Inc.

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