BNET Industries
Market Cap:$2.1B
Last Fiscal Year Sales:$2.8B
- Public
- US
Dow Jones Description
Gas is good! AmeriGas Partners, L.P. (NYSE: APU), based in King of Prussia, PA, distributes propane and related equipment and supplies. It also services heating and fuel systems for vehicles using propane. It serves 1.3 million residential, commercial, industrial, motor fuels and agricultural users from more than 650 distribution centers in nearly 50 states. Its principal suppliers are Dynegy Inc., Enterprise Products Operating LP, and British Petroleum. The company has approximately 22,000 retail partners in its PPX cylinder exchange business, mainly home centers, convenience stores and supermarkets. For the twelve months ended September 30, 2005, retail propane volumes sold were 1.035 billion gallons. In fiscal 2005, the company acquired six companies, four of which were propane marketers that added more than 10 million gallons in annual volume and two were purchased to complement its PPX business, adding cylinder exchange outlets and expanding cylinder refurbishing operations. Founded in 1994, the company has revenue of $2 billion and employs over 6,000 people.
President & CEO
Eugene BissellNumber of Employees 6,000
Contact Information
460 N Gulph Rd
King of Prussia, Pennsylvania 19406
(610) 337-7000
Peer Companies
NAICS Code Liquefied Petroleum Gas (Bottled Gas) Dealers: 454312
Recent Events
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Related companies Amerigas and UGI fall short of 4Q revenue estimates
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AmeriGas Partners Reports Third Quarter Results, Reiterates 2009 Guidance
News & Analysis
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amerigas partners l.p. - All News and Analysis
AmeriGas Partners, L.P. F4Q09 (Qtr End 30/09/2009) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instruction Your first question comes from Darren Horowitz - Raymond James. Darren Horowitz - Raymond James Just a couple of questions on AmeriGas for Eugene, you had mentioned slight up tick in 2010 volumes year-over-year, and I was hoping you could quantify that for us. It...
AmeriGas Partners, L.P. Q3 2008 (Qtr End 9/30/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Analyst for Faisel Khan - Citigroup. Analyst for Faisel Khan - Citigroup What exchange rate are you guys assuming in your guidance? Peter Kelly About $1.42 or $1.43. But don’t forget we’ve already got that hedged. Lon R....
AmeriGas Partners LP. F3Q08 (Qtr End 06/30/08) Earnings Call Transcript
Question-and-Answer Session by Seeking Alpha
AmeriGas $40MM Senior Notes Rated 'BB+' By Fitch Ratings
Business Editors NEW YORK--BUSINESS WIRE--May 6, 2002 AmeriGas Partners, L.P.'s AmeriGas $40 million senior notes due 2011, issued jointly and severally with its special purpose financing subsidiary AP Eagle Finance Corp., are rated 'BB+' by Fitch Ratings. In addition, AmeriGas' outstanding $345 million senior notes are affirmed at...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Eugene Bissell | President & CEO |
| Jerry E Sheridan | Chief Financial Officer |
| Martha B. Lindsay | CFO & Vice President, Finance |
| R. Paul Grady | COO & Senior Vice President, Oper |
| Richard W. Fabrizio | CIO & Vice President |
| William J. Stanczak | Chief Accounting Officer |
| Carey M Monaghan | Vice President Â?? Sales and Marketing |
| Colleen T. Fay | Vice President, Operations, Midwest |
| David L Lugar | Vice President Â?? Supply and Logistics |
| Earle A. Compton | Vice President, MIS |
| James M. Lahey | Vice President, PPX |
| John A. Sette | Vice President, Operations, Northeast |
| Michael Vassalotti | Vice President, Sales Operations |
| Randy A. Hannigan | Vice President, Operations, South |
| Robert C. Roseler | Vice President, Operations, West |
| Robert Knauss | General Counsel, Vice President & Secretary |
| William D Katz | Vice President Â?? Human Resources |
| Paula Wilson | Director, Marketing |
| Margaret M. Calabrese | Assistant Secretary |
| Robert W. Krick | Treasurer |
| Samuel R. Mauriello | Assistant Treasurer |
| Gregory A. Pratt | Director |
| Howard Stoeckel | Director |
| James W. Stratton | Director |
| Marvin O. Schlanger | Director |
| Richard C Gozon | Director |
| Roger B Vincent | Director |
| Thomas F Donovan | Director |
| William J. Marrazzo | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Lon R. Greenberg | Chairman |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | President & CEO | Current |
| AmeriGas Propane Inc | President & CEO | Current |
| AmeriGas, Inc. | President & CEO | Current |
| AmeriGas, Inc. | President, Ameri, Gas | Former |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Chief Financial Officer | Current |
| Potters Industries, Inc. | Chief Executive Officer | Former |
| Potters Industries, Inc. | President | Former |
| Pq Corporation | Chief Financial Officer | Former |
| AmeriGas Partners, L.P. | Vice President Â?? Finance | Former |
| Pq Corporation | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Propane Inc | CFO & Vice President, Finance | Current |
| AmeriGas Partners, L.P. | CFO & Vice President, Finance | Current |
Mr. Grady joined Heritage in June 2006 following the acquisition of Titan Propane Partners where he served as COO since January 2005. Prior to joining Titan, Mr. Grady was CEO of Juice Bowl Products, Inc., a business started by his family, which he sold in 2004. From 1995 until 2003, Mr. Grady worked in senior operating positions at AmeriGas Propane; including its Chief Operating Officer and Senior Vice President from 2000 to 2003, and Vice President of Sales and Operations from 1995-2000. Before joining AmeriGas, Mr. Grady was Vice President of Corporate Development for UGI, Inc. He also spent five years as Director of Business Development for Campbell's Soup Company. Mr. Grady earned a B.A. in Marketing at Stetson University and a J.D. from Stetson College of Law. He is a founding council member of the Propane Education and Research Council and served two terms ending in 2003.
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | COO & Senior Vice President, Oper | Current |
| Energy Transfer Partners, L.P. | Sr. Vice President & Chief Operating Officer Western U.S | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | CIO & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Chief Accounting Officer | Current |
| UGI Corporation | Director Â?? Corporate Accounting and Reporting | Former |
| UGI Utilities, Inc. | Controller | Former |
| AmeriGas Partners, L.P. | Controller | Former |
| Organization | Position | Status |
|---|---|---|
| Campbell Soup Company | Vice President | Current |
| AmeriGas Partners, L.P. | Vice President Â?? Sales and Marketing | Current |
| Campbell Soup Company | General Manager, Dry Soup | Former |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Vice President, Operations, Midwest | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Vice President Â?? Supply and Logistics | Current |
| Conoco, Inc. | Director Â?? Ngl Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Vice President, MIS | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Vice President, PPX | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Vice President, Operations, Northeast | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Vice President, Sales Operations | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Vice President, Operations, South | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Vice President, Operations, West | Current |
| Organization | Position | Status |
|---|---|---|
| UGI Corporation | General Counsel & Vice President | Current |
| AmeriGas Partners, L.P. | General Counsel, Vice President & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Vice President Â?? Human Resources | Current |
| AmeriGas Propane Inc | Vice President, HR | Current |
| UGI Corporation | Vice President Â?? Corporate Development | Former |
| Campbell Soup Company | Director, Corporate Development | Former |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Propane Inc | Marketing Director | Current |
| AmeriGas Partners, L.P. | Director, Marketing | Current |
| UGI Corporation | Director, Marketing | Current |
| UGI Corporation | Director, Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| UGI Corporation | Associate General Counsel | Current |
| AmeriGas Partners, L.P. | Assistant Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| UGI Corporation | Vice President | Current |
| AmeriGas Partners, L.P. | Treasurer | Current |
| UGI Corporation | Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Assistant Treasurer | Current |
Array
| Organization | Position | Status |
|---|---|---|
| UGI Corporation | Chairman, President & CEO | Current |
| AmeriGas Propane Inc | Chairman | Current |
| AmeriGas Partners, L.P. | Chairman | Current |
| AmeriGas Propane Inc | Chief Executive Officer | Former |
| AmeriGas Propane Inc | President | Former |
| AmeriGas, Inc. | President, Ugi Corp | Former |
| UGI Corporation | Corporate Development Counsel | Former |
| Aqua America, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| OAO Technology Solutions, Inc. | Vice Chairman | Current |
| AmeriGas Partners, L.P. | Director | Current |
| Delta T Construction Company | Director | Current |
| Enterprise Technology Group, Inc | CEO | Former |
| Enterprise Technology Group, Inc | President | Former |
| Intelligent Electronics | President | Former |
| Intelligent Electronics | Coo | Former |
| OAO Technology Solutions, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Wawa, Inc. | Chief Executive Officer | Current |
| Wawa, Inc. | President | Current |
| Rider University | Trustee | Current |
| Riddle Memorial Hospital | Director | Current |
| AmeriGas Partners, L.P. | Director | Current |
| Wawa, Inc. | Vice Chairman, Board of Directors | Current |
| Wawa, Inc. | Chief Retail Officer | Former |
| Wawa, Inc. | Vice President, Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| UGI Corporation | Director | Current |
| UGI Utilities, Inc. | Director | Current |
| AmeriGas Partners, L.P. | Director | Current |
Marvin O. Schlanger was elected Director and Vice Chairman of the Board of Directors of the Company on June 29, 2005. Mr. Schlanger served as Chairman and Chief Executive Officer of Resolution Performance and RPP Capital Corporation since November 2001 until the closing of the Hexion Formation. Since October 1998, Mr. Schlanger has been a principal in the firm of Cherry Hill Chemical Investments, LLC, which provides management services and capital to the chemical and allied industries. Mr. Schlanger is also a director of AmeriGas Partners L.P., UGI Corporation, UGI Utilities, and Momentive Performance Materials, Inc., and a director and Chairman of the Board of CEVA Group Plc. Prior to the Hexion Formation, he was a director and Chairman of the Board of RPP Capital and Resolution Specialty Materials, Inc. Mr. Schlanger is Chairman of the Environmental, Health and Safety Committee of the Board of Directors.
| Organization | Position | Status |
|---|---|---|
| Hexion Specialty Chemicals, Inc. | Director, Vice Chairman | Current |
| CEVA Group plc | Chairman of The Board | Current |
| Covalence Specialty Materials Corp. | Chairman of the Board of Directors | Current |
| CEVA Group plc | Director | Current |
| AmeriGas Propane Inc | Board of Directors | Current |
| UGI Corporation | Vice Chairman | Current |
| AmeriGas Partners, L.P. | Director | Current |
| Momentive Performance Materials Inc. | Board of Directors | Current |
| UGI Utilities, Inc. | Director | Current |
| Hexion Specilaty Chemical Inc | Chairman & CEO | Former |
| RPP Capital Corporation | Chairman & CEO | Former |
| ARCO Chemical Company | Chief Executive Officer | Former |
| ARCO Chemical Company | President | Former |
| UGI Corporation | Board Director | Current |
| ARCO Chemical Company | Executive Vice President | Former |
| Resolution Specialty Materials LLC | Chairman of the Board | Former |
| RPP Capital Corporation | Director | Former |
| Hexion Specialty Chemicals, Inc. | Director | Former |
| Hexion Speciality Chemical Inc | Board of Directors | Former |
| Resolution Specialty Materials LLC | Director | Former |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Director | Current |
| AmeriGas Partners, L.P. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| AmeriGas Partners, L.P. | Director | Current |
| AmeriGas Partners, L.P. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| WHYY Inc. | CEO | Current |
| Woodard & Curran, Inc. | President and Chief Executive Officer, Whyy, Philadelphia, Pa | Current |
| WHYY Inc. | Board of Directors | Current |
| Woodard & Curran, Inc. | Board of Directors | Current |
| American Water | Board of Directors | Current |
| AmeriGas Partners, L.P. | Director | Current |
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