Star Gas Partners Lp (SGU) Files Form 4 Insider Buying : Richard Ambury Buys 2,000 Shares

Star Gas Partners Lp (SGU): Richard Ambury , CFO of Star Gas Partners Lp purchased 2,000 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were purchased at $8.75 per share for a total value of $17,497.60 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 12, 2016, Richard Ambury (CFO) purchased 2,000 shares at $8.75 per share price.On May 12, 2016, Steven Jay Goldman (CEO) purchased 2,200 shares at $8.75 per share price.

Shares of Star Gas Partners L.P. (SGU) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.17 points or -1.89% at $8.81 with 18,317 shares getting traded. Post opening the session at $8.96, the shares hit an intraday low of $8.76 and an intraday high of $9 and the price vacillated in this range throughout the day. The company has a market cap of $504 M and the number of outstanding shares has been calculated to be 5,71,87,832 shares. The 52-week high of Star Gas Partners L.P. is $9.98 and the 52-week low is $6.77.

Star Gas Partners L.P. Money Flow Index Chart

Star Gas Partners L.P. (Star Gas Partners) is a home heating oil distributor and services provider that principally provides services to residential and commercial customers to heat their homes and buildings. The Company sold home heating oil to approximately 404000 full services residential and commercial home heating oil customers and propane to approximately 10000 propane customers. It also sells home heating oil gasoline and diesel fuel to approximately 54000 customers on a delivery only basis. It installs maintains and repairs heating and air conditioning equipment for its customers and provides ancillary home services including home security and plumbing to approximately 15700 customers. It conducts its business through an operating subsidiary Petro Holdings Inc. utilizing over 30 local brand names such as Petro Heating & Air Conditioning Services and Meenan Oil.

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