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Propane Dips on Warmer Weather

Warmer weather and a tough operating environment have weighed on the first quarter financial results of another major propane company. Suburban Propane Partners, LP, has issued its results for the three months to December 31. Company spokesman Mike Dunn said many areas of the country had experienced record warm temperatures so far this heating season […]

by Propane.pro

Propane Heavyweights Report 2011 Earnings

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 […]

by Propane.pro
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