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Star Gas Partners, L.P. |
About Star Gas PartnersStar Gas Partners, L.P. is the nation's largest retail distributor of home heating oil. The Partnership is a publicly traded master limited partnership. Common units, representing limited partner interests in the Partnership, are listed and trade on the New York Stock Exchange, Inc. ("NYSE") under the symbol "SGU." Under a strategic recapitalization that was completed on April 28, 2006, beginning October 1, 2008, minimum quarterly distributions will start accruing at a rate of $0.0675 per quarter ($0.27 on an annual basis). There will be no mandatory distributions of available cash by us before February 2009. As a master limited partnership our unitholders are required to report for federal income tax purposes their allocable share of our income, gains, losses, deductions and credits, regardless of whether we make cash distributions. We expect that an investor will be allocated taxable income (mostly dividend and interest income) regardless of whether a cash distribution has been paid. Mandatory distributions of available cash by us to unitholders will not commence before February 2009. Unitholders can view their K-1s online at www.taxpackagesupport.com/stargas. The window of time for unitholders of record to receive their K-1 package by mail, which summarizes their allocated share of the Partnership's reportable tax items for the year ended December 31, 2007, is March 6-10, 2008. Should you have any questions regarding your Schedule K-1, contact K-1 Support at 800-310-3022. For cash distribution inquiries please call or write:
LaSalle Bank |
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