Who Owns the Amerigas Propane Company?


Quick Answer

UGI Corporation, through its subsidiaries, is the sole general partner of AmeriGas Propane and owns 26 percent of the partnership. As of October 2015, AmeriGas Partners is a publicly traded master limited partnership that conducts its business principally through its subsidiary, AmeriGas Propane.

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Full Answer

UGI formed AmeriGas in 1978. In 1995, UGI acquired Petrolane and combined it with AmeriGas to form a master limited partnership named AmeriGas Partners. The company began publicly trading on the New York Stock Exchange on April 15, 1995.

AmeriGas Propane is the largest retail propane marketer in the United States and serves approximately two million customers in all 50 states, as of 2015. It has approximately 2,100 distribution locations.

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