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 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 […]

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, […]

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 […]