Amerigas Partners, L.P. Reports Earnings Results for the Second Quarter Ended March 31, 2019
May 06, 2019 at 07:30 pm EDT
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AmeriGas Partners, L.P. Announced earnings results for the second quarter ended March 31, 2019. For the second quarter, the company announced total revenue was USD 971.591 million compared to USD 1,040.332 million a year ago. Operating income was USD 264.664 million compared to USD 235.817 million a year ago. Net income was USD 205.381 million compared to USD 178.575 million a year ago. Basic earnings per share was USD 1.59 compared to USD 1.44 a year ago.
For the half year, total revenue was USD 1,791.804 million compared to USD 1,827.628 million a year ago. Operating income was USD 352.748 million compared to USD 384.642 million a year ago. Net income was USD 238.091 million compared to USD 270.624 million a year ago. Basic earnings per share was USD 2.24 compared to USD 2.41 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.
AMERIGAS PARTNERS, L.P. 
