STAR GAS PARTNERS DECLARES QUARTERLY DISTRIBUTION
ON ALL UNITS
STAR GAS PARTNERS DECLARES QUARTERLY DISTRIBUTION
ON ALL UNITS
ON ALL UNITS
October 30, 2002
STAR GAS PARTNERS DECLARES QUARTERLY DISTRIBUTION ON ALL UNITS
STAMFORD, CT (October 30, 2002) -- Star Gas Partners, L.P. (the "Partnership") (NYSE: SGU, SGH), a diversified energy distributor and services provider specializing in heating oil, propane, natural gas and electricity, today declared its $0.575 per unit Minimum Quarterly Distribution on all Common Units (SGU) and its $0.25 per unit Minimum Quarterly Distribution on all Senior Subordinated Units (SGH) for the quarter ended September 30, 2002. The Minimum Quarterly Distributions are payable on November 14, 2002 to unitholders of record as of November 8, 2002.Star Gas Partners, L.P. is a leading distributor of home heating oil, propane and deregulated natural gas and electricity. The Partnership is the nation's largest retail distributor of home heating oil and the nation's seventh largest retail propane distributor. The Partnership, through its wholly owned subsidiary Total Gas & Electric, also sells natural gas and electricity in the Northeast, Mid-Atlantic and Florida.
This news announcement contains certain forward-looking information that is subject to certain risks and uncertainties as indicated from time to time in the Partnership's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Included risks and uncertainties are the effects of the weather on the Partnership's financial results, competitive and propane and heating oil pricing pressures and other factors impacting the propane, home heating oil, natural gas and electricity distribution industries.