APU AmeriGas Partners L.P.

AmeriGas Propane Declares Partnership Distribution

VALLEY FORGE, Pa.--(BUSINESS WIRE)--

The Board of Directors of AmeriGas Propane, Inc., general partner of AmeriGas Partners, L.P. (NYSE: APU), has declared a quarterly partnership distribution of $0.94 per limited partnership unit, payable November 18, 2016 to unitholders of record November 10, 2016.

About AmeriGas

AmeriGas is the nation’s largest retail propane marketer, serving approximately two million customers in all 50 states from approximately 2,000 distribution locations. UGI Corporation, through subsidiaries, is the sole General Partner and owns 26% of the Partnership and the public owns the remaining 74%.

Comprehensive information about AmeriGas is available on the Internet at http://www.amerigas.com.

Nominees are hereby notified that they are responsible for withholding 35% of this distribution from foreign investors as required under Section 1446 of the Internal Revenue Code.

EN
27/10/2016

Underlying

APUAmeriGas Partners L.P.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on AmeriGas Partners L.P.

EUR 643.20
APU AmeriGas Partne...
AmeriGas Partne... ... (+3)

AmeriGas Partners, L.P.: Covenant Quality Post-Sale Snapshot: $500m 9....

AmeriGas Partners, L.P.'s covenant package provides weak protection, reflecting a CQ score of 3.90.

APU AMERIGAS PARTNERS L.P.
AMERIGAS PARTNERS
L.P.
06/22/23 June 22, 2023 1 EN
EUR 214.40
APU AmeriGas Partne...

AmeriGas Partners, L.P.: Update to credit analysis - leverage set to i...

Ownership simplification should allow AmeriGas to reduce leverage after several years above the long-term target of 4x.

APU AMERIGAS PARTNERS L.P.
07/31/19 July 31, 2019 8 EN
APU AMERIGAS PARTNERS L.P.
05/30/19 May 30, 2019 2 EN
Andrew Bischof
  • Andrew Bischof
EUR 850.00
APU AmeriGas Partne...

Morningstar | UGI Offers Best Option for AmeriGas Shareholders

AmeriGas' lack of an economic moat is the product of industry dynamics, low natural gas prices, volume fluctuations due to weather volatility, and the company's need to acquire businesses to offset organic volume declines. We view the outlook for AmeriGas' business negatively. We forecast low natural gas prices in our long-term outlook, which we believe will continue to pressure the company's core business.UGI Corporation recently announced plans to acquire the remaining AmeriGas shares it doesn...

APU AMERIGAS PARTNERS L.P.
05/08/19 May 8, 2019 3 EN
Andrew Bischof
  • Andrew Bischof
EUR 100.00
APU AmeriGas Partne...

UGI Offers Best Option for AmeriGas Shareholders

We are reaffirming our $34 per unit fair value estimate, no moat and negative moat trend ratings for AmeriGas Partners after the partnership reported fiscal 2019 second-quarter adjusted EBITDA of $290.3 million compared with $309.5 million in the same-year ago period. AmeriGas management expects to earn at the low end of its 2019 adjusted EBITDA guidance of $610 million-$650 million. In April, UGI announced a definitive agreement to acquire the remaining shares of AmeriGas it doesn't own. UGI wi...

APU AMERIGAS PARTNERS L.P.
05/08/19 May 8, 2019 13 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch