STAR GAS PARTNERS, L.P. (NYSE:SGU) Files An 8-K Other EventsItem 8.01. Other Events.
On February 17, 2017, Star Gas Partners, L.P., a Delaware limited partnership (the “Partnership” or “Star”), issued a press release announcing that the Partnership was advised by Kestrel Energy Partners, LLC (“Kestrel”) that Kestrel has distributed approximately 12.7 million common units of limited partnership interests of Star held by its wholly-owned subsidiary KM2, LLC (“KM2”) to its Members in accordance with the terms of Kestrel’s and KM2’s operating agreements, respectively. Following the distribution of these units, Kestrel, through its wholly-owned subsidiary Kestrel Heat, LLC, the general partner of the Partnership, will continue to own 325,729 general partner units and 500,000 common units of the Partnership. A copy of the press release is furnished within this report as Exhibit 99.1.
The information in this report is being furnished, and is not deemed as “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference in any filings under the Securities Act of 1933, as amended, unless specifically stated so therein.
Item 9.01. Financial Statements and Exhibits.
Exhibit 99.1 A copy of the Star Gas Partners, L.P. Press Release dated February 17, 2017.
About STAR GAS PARTNERS, L.P. (NYSE:SGU)
Star Gas Partners, L.P. is a service energy provider. The Company is a home heating oil and propane distributor and services provider. It also sells gasoline and diesel fuel to customers on a delivery only basis. The Company installs, maintains and repairs heating and air conditioning equipment, and provides these services outside its customer base, including service contracts for natural gas and other heating systems. In addition, it provides home security and plumbing services. The Company provides home heating equipment repair service and natural gas service. The Company provides services to residential and commercial customers to heat homes and buildings in the Northeast, Central and Southeast United States regions. The Company operates in Maine, New York, New Jersey, Tennessee, New Hampshire, Vermont, North Carolina, Massachusetts, Rhode Island, Pennsylvania, South Carolina, Connecticut, Maryland, Georgia, Delaware, Virginia and West Virginia, among others. STAR GAS PARTNERS, L.P. (NYSE:SGU) Recent Trading Information
STAR GAS PARTNERS, L.P. (NYSE:SGU) closed its last trading session down -0.85 at 9.50 with 369,598 shares trading hands.