Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


August 29, 2015 5:45 AM 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

Phone:

610-337-7000

Fax:

610-768-7647

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. 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.

Amerigas Propane, Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended March 31, 2015; Provides Earnings Guidance for the Year Ending September 30, 2015

Amerigas Propane, Inc. reported unaudited earnings results for the second quarter and six months ended March 31, 2015. For the quarter, the company reported revenues of $1,100.317 million compared to $1,493.623 million a year ago. Operating income was $371.681 million compared to $284.922 million a year ago. Capital expenditures were $26.8 million compared to $27.7 million a year ago. Income before income taxes was $330.585 million compared to $242.876 million a year ago. Net income was $329.779 million compared to $242.950 million a year ago. Diluted income per limited partner unit was $2.17 compared to $1.71 a year ago. Net income attributable to AmeriGas Partners, L.P. was $326.055 million compared to $240.103 million a year ago. Adjusted net income attributable to AmeriGas Partners, L.P. was $252.071 million compared to $240.103 million a year ago. Adjusted EBITDA was $342.088 million compared to $331.232 million a year ago. For the six months, the company reported revenues of $1,989.109 million compared to $2,539.449 million a year ago. Operating income was $374.021 million compared to $464.615 million a year ago. Income before income taxes was $291.891 million compared to $380.979 million a year ago. Net income was $290.215 million compared to $379.622 million a year ago. Diluted income per limited partner unit was $2.36 compared to $2.84 a year ago. Net income attributable to AmeriGas Partners, L.P. was $286.484 million compared to $375.001 million a year ago. Adjusted net income attributable to AmeriGas Partners, L.P. was $349.334 million compared to $375.001 million a year ago. Adjusted EBITDA was $530.623 million compared to $561.473 million a year ago. For the fiscal year ending September 30, 2015, the company expects adjusted net income attributable to AmeriGas Partners, L.P. of $286,000, interest expense of $163,000, income tax expense of $4,000, depreciation of $154,000, amortization of $43,000 and adjusted EBITDA of $650,000.

Similar Private Companies By Industry

Company Name Region
Crestwood Midstream Partners II, LLC United States
Xpronet Resources, Inc. United States
Forward Energy, LLC United States
Buffalo Gulf Coast Terminals LLC United States
Frontier Energy Services, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Amerigas Propane, Inc., please visit www.amerigas.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.