Steven Goldman, CEO of Star Gas Partners, bought 2,000 shares of Star Gas Partners SGU: 2,000 at $5.6 per share for a total amount of $11,200 on February 10, 2014.
Star Gas Partners is located in Stamford, CT.
On January 31st, 2014 Star Gas Partners announced that it will release its fiscal 2014 first quarter results after the close of trading on February 5, 2014. Members of Star’s management team will host a webcast and conference call at 11:00 a.m. Eastern Time on February 6, 2014 to review the three months ended December 31, 2013.
On February 5th, 2014, Star Gas Partners announced financial results for its fiscal 2014 first quarter, the three-month period ended December 31, 2013.
For the fiscal 2014 first quarter Star reported a slight increase in total revenue to $520.6 million, compared with revenue of $516.5 million in the prior-year period, as an increase in home heating oil and propane volume was somewhat reduced by lower home heating oil and propane selling prices, lower sales of other petroleum products, and a decrease in installation and service revenue. During the three months ended December 31, 2012 (the prior-year period), sales of other petroleum products, primarily motor fuels, and service and installation sales were favorably impacted by an increase in demand for these products resulting from the storm known as “Sandy.”
According to Capital IQ, Star Gas Partners has a market cap of $322.68 Million, an enterprise value of $464.57 Million, and trailing 12 month revenues of $9.33 Million.
Star Gas Partners, L.P., through its subsidiary, Petro Holdings, Inc., operates as a home heating oil and propane distributor and services provider in the United States. It also installs, maintains, and repairs heating and air conditioning equipment, as well as provides ancillary home services, including home security and plumbing to approximately 11,500 customers. As of September 30, 2012, the company sold home heating oil and propane to approximately 416,000 full service residential and commercial customers. In addition, it sells home heating oil, gasoline, and diesel fuel to approximately 48,000 customers on a delivery only basis. Kestrel Heat, LLC operates as the general partner of the company. Star Gas Partners, L.P. was founded in 1995 and is headquartered in Stamford, Connecticut.
Steve Goldman’s most recent annual compensation from Star Gas Partners is a salary of $321,300, $372,664 in other compensation, and a total compensation of $693,964. Mr. Goldman is 52 years old.
According to his biography, he is President, Chief Executive Officer, Director of Kestrel Heat, LLC, General Partner of Star Gas Partners, LP. He has served as Chief Operating Officer, Executive Vice President of Kestrel Heat, LLC, the general partner of the Company since May 1, 2010. He was Senior Vice President of Operations of Kestrel Heat from May 31, 2007 until April 30, 2010. Mr. Goldman was Vice President of Operations of Petro Holdings, Inc. from July 2004 until May 31, 2007. From February 2000 to June 2004, Mr. Goldman held various operating management positions with Petro. Prior to joining Petro Holdings, Inc. as a General Manager in 2000, Mr. Goldman worked for United Parcel Service from 1982 to 2000. Mr. Goldman has also held various positions within the management of companies in industrial engineering and those with international operations. Mr. Goldman is a graduate of the State University of New York at Stony Brook.
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