September 25, 2016 5:57 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Amerigas Propane, Inc.

Company Overview

Amerigas Propane, Inc. markets retail propane to residential, commercial, industrial, agricultural, and motor fuel propane customers in the United States. It offers propane for various uses, including home heating, space heating, water heating, pool and spa heating, drying, cooking, grilling, and motor fuel. The company is based in King of Prussia, Pennsylvania with distribution 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: 51
Chief Financial Officer, Vice President of Finance and Treasurer
Age: 53
Chief Operating Officer and Vice President
Age: 53
Executive Chairman, Member of Executive Committee and President of UGI Corporation
Age: 61
Vice President, General Counsel and Secretary
Age: 54
Compensation as of Fiscal Year 2016.

Amerigas Propane, Inc. Key Developments

Amerigas Propane, Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended June 30, 2016; Provides Earnings Guidance for the Year Ending September 30, 2016

Amerigas Propane, Inc. announced earnings results for the third quarter and nine months ended June 30, 2016. For the quarter, the company reported that limited partners' interest in net loss attributable to the company was $43.17 million, or $0.46 per limited partner unit, compared to a limited partners' interest in net loss attributable to the company of $33.97 million, or $0.37 loss per limited partner unit, for the same quarter ended June 30, 2015. Limited partners' interest in net income attributable to the company for the nine months ended June 30, 2016 was $263.15 million, or $2.80 per diluted limited partner unit, compared to $236.58 million, or $2.53 per diluted limited partner unit, for the same period ended June 30, 2015. Revenues for the nine months ended June 30, 2016 were $1.92 billion, compared to $2.47 billion for the same period ended June 30, 2015. Adjusted EBITDA was 32% higher than last year on weather that was 5.5% colder. The company confirmed Adjusted EBITDA guidance range of $575 million to $600 million for the fiscal year ending September 30, 2016.

AmeriGas Propane Presents at 2016 Citi One-on-One MLP/Midstream Infrastructure Conference, Aug-17-2016

AmeriGas Propane Presents at 2016 Citi One-on-One MLP/Midstream Infrastructure Conference, Aug-17-2016 . Venue: Encore at Wynn Las Vegas, 3121 Las Vegas Boulevard South, Las Vegas, NV 89109, United States.

Amerigas Propane, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2016

Amerigas Propane, Inc. reported earnings results for the third quarter ended June 30, 2016. The company reported revenue of $446.7 million, partnership adjusted EBITDA of $64.6 million, operating income of $18.3 million, capital expenditure of $18.7 million against revenue of $478 million, partnership adjusted EBITDA of $48.9 million, operating income of $0.8 million, capital expenditure of $20.7 million a year ago. Net loss was $4.5 million against $2.4 million a year ago.

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