AmeriGas Partners, L.P. Reports Earnings Results for the Full Year Ended September 30, 2022
November 28, 2022 at 12:37 am EST
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AmeriGas Partners, L.P. reported earnings results for the full year ended September 30, 2022. For the full year, the company reported revenue was USD 2,943 million compared to USD 2,614 million a year ago. Net loss was USD 60 million compared to net income of USD 337 million a year ago.
AmeriGas Partners, L.P. is a holding company. The Company is a retail propane distributor in the United States. It serves approximately two million residential, commercial, industrial, agricultural, wholesale and motor fuel customers in all 50 states from approximately 2,000 propane distribution locations. It operates through the segment that engages in the distribution of propane and related equipment and supplies. The Company conducts its business through its subsidiary, AmeriGas Propane, L.P. The Partnership also sells, installs and services propane appliances, including heating systems, and operates a residential heating, ventilation, air conditioning, plumbing, and related services business in certain counties of Pennsylvania, Delaware, and Maryland. The Partnership operates as an interstate carrier in all states across the continental United States. The Company's AmeriGas Cylinder Exchange program enables consumers to purchase or exchange propane cylinders at retail locations.