Amerigas Partners Lp Reports Earnings Results for the First Quarter Ended December 31, 2018
February 05, 2019 at 05:50 pm EST
Share
AmeriGas Partners LP announced earnings results for the first quarter ended December 31, 2018. For the first quarter, the company announced total revenue was USD 820.213 million compared to USD 787.296 million a year ago. Operating income was USD 88.084 million compared to USD 148.825 million a year ago. Net income was USD 32.710 million compared to USD 92.049 million a year ago. Basic earnings per share was USD 0.35 compared to USD 0.97 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.