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Replies to post #3 on AmeriGas Partners, LLP (APU)
OilStockReport
03/28/11 4:07 PM
#4 RE: Trueheart #3
Amerigas Partners (APU) is trading around $46.05. Amerigas is a leading distributor of propane fuel products, based in Pennsylvania. These shares have traded in a range between $35 to $51.50 in the last 52 weeks. The 50 day moving average is $48.41 and the 200 day moving average is $44.93. APU is estimated to earn about $2.98 per share in 2011. What Amerigas insiders and other investors might be seeing: Amerigas could benefit significantly as the U.S. economy continues to improve. More propane will be used by businesses, and consumers and pricing power should improve for Amerigas. Also, APU pays a generous dividend, $2.82 per share which is equivalent to a 6.2% yield.