The man who heads the country’s biggest propane marketing company will step down on March 2. Eugene Bissell has led AmeriGas Propane Inc., the general partner of AmeriGas Partners LP, as CEO and president since being promoted 11 years ago. But in a statement last week the company confirmed Bissell, 58, would retire in less […]
Warmer weather and sluggish demand for heating fuel has seen one of the nation’s retail propane giants post lower first-quarter sales figures. AmeriGas Propane Inc, general partner of AmeriGas Partners LP, reported net income of $42.5 million for the first fiscal quarter of 2012 – compared with $74.9 million for the same period last year, […]
A landmark deal in which the country’s biggest propane retailer will double is customer base has won approval from the Federal Trade Commission (FTC), Bloomberg reports. AmeriGas Partners LP can proceed with its proposed $2.8 billion purchase of Energy Transfer Partners LP’s Heritage Propane, the commission announced last week. However a condition of the sale […]
The nation’s largest propane retailer has named its new president and chief executive who will assume control of the energy company from next year, marketwatch.com reports. As reported earlier on Propane.Pro, AmeriGas Propane. Inc. boss Eugene V.N. Bissell will retire in spring after 30 years’ service to the industry. AmeriGas Partners is the nation’s largest […]
Two of the country’s biggest propane retailers have announced their end of year results, blaming a weak economy and high commodity prices for reduced profits. AmeriGas Partners and Suburban Propane Partners both reported their Fiscal 2011 results last week. AmeriGas recorded net income of $138.5 million – down from $165.2m the previous year. Suburban Propane […]
The country’s largest propane retailer will double its customer base and add over 500 million gallons to its distribution network in a $2.8 billion deal, reuters.com reports. AmeriGas Partners L.P. has announced it will buy Energy Transfer Partners L.P.’s propane business in the landmark deal which is due to be finalised by early next year. […]
The head of one of the country’s biggest propane marketers is stepping down after 30 years’ service to the industry, marketwatch.com reports. AmeriGas Propane, Inc. president and chief executive Eugene V.N. Bissell will retire in the spring of next year. Mr. Bissell, 58, has run the company since his promotion 11 years ago. […]
As the US East Coast went into lock down ahead of Hurricane Irene, a major propane company was preparing to step up for the storm and its aftermath. Propane-powered generators provide essential back-up electricity for critical institutions, like hospitals, police and fire stations, AmeriGas Partners, L.P. president and CEO Gene Bissell said. The domestically-produced fuel […]
Earlier this week, propane giant AmeriGas hosted its first-ever Amerifest in Optimist Park near its office in Laramie, Wyoming, the Laramie Boomerang reported. Besides drumming up interest in the company, AmeriGas officials said they wanted give back and do something for community members and local business. “It’s the first time (we) put it on. The […]
AmeriGas continued one of its community Give-Back-Locally programs, “School Days,” this summer, recently dishing out money for school supplies to a Virginia elementary school, the Richmond Times-Dispatch reported this week. All participants have to do is save their AmeriGas propane receipts and deposit them in their school’s School Days receipt box. Then, AmeriGas will pay […]