STAMFORD, Conn.--(Business Wire)--
Star Gas Partners, L.P. (the "Partnership" or "Star") (NYSE:SGU), a home energy
distributor and services provider specializing in heating oil, today declared
its $0.0675 per unit Minimum Quarterly Distribution on all units (common and
general partner) for the fiscal 2009 fourth quarter ended September 30, 2009.
* Record date: November 5, 2009
* Payment date: November 13, 2009
About Star Gas Partners, L.P.
Star Gas Partners, L.P., is the nation's largest retail distributor of home
heating oil. Additional information is available by obtaining the Partnership`s
SEC filings at www.sec.gov and by visiting Star`s website at www.star-gas.com,
where unitholders may request a hard copy of Star`s complete audited financial
statements free of charge.
Forward Looking Information
This news release includes "forward-looking statements" which represent the
Partnership's expectations or beliefs concerning future events that involve
risks and uncertainties, including those associated with the effect of weather
conditions on our financial performance; the price and supply of home heating
oil; the consumption patterns of our customers; our ability to obtain
satisfactory gross profit margins; our ability to obtain new customers and
retain existing customers; our ability to make strategic acquisitions; the
impact of litigation; our ability to contract for our current and future supply
needs; natural gas conversions; future union relations and the outcome of
current and future union negotiations; the impact of future environmental,
health and safety regulations; the ability to attract and retain employees;
customer creditworthiness; counterparty creditworthiness; marketing plans; and
general economic conditions. All statements other than statements of historical
facts included in this news release are forward-looking statements. Without
limiting the foregoing, the words "believe," "anticipate," "plan," "expect,"
"seek," "estimate" and similar expressions are intended to identify
forward-looking statements. Although the Partnership believes that the
expectations reflected in such forward-looking statements are reasonable, it can
give no assurance that such expectations will prove to be correct and actual
results may differ materially from those projected as a result of certain risks
and uncertainties. Important factors that could cause actual results to differ
materially from the Partnership's expectations ("Cautionary Statements") are
disclosed in this news release and in the Partnership's Annual Report on Form
10-K for the year ended September 30, 2008, including without limitation and in
conjunction with the forward-looking statements included in this news release.
All subsequent written and oral forward-looking statements attributable to the
Partnership or persons acting on its behalf are expressly qualified in their
entirety by the Cautionary Statements. Unless otherwise required by law, the
Partnership undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise
after the date of this news release.
Star Gas Partners
Investor Relations, 203-328-7310
or
Darrow Associates
Chris Witty, 646-438-9385
cwitty@darrowir.com
Copyright Business Wire 2009
