| Business Summary | | Cornerstone
Propane
Partners,
L.P.
is
principally
engaged
in
the
retail
distribution
of
propane
for
residential,
commercial,
industrial,
agricultural
and
other
retail
uses;
the
wholesale
marketing
and
distribution
to
suppliers
and
other
end
users
of
propane,
other
natural
gas
liquids,
natural
gas
and
crude
oil
to
the
retail
propane
industry,
the
chemical
and
petrochemical
industries
and
other
commercial
and
agricultural
markets;
the
repair
and
maintenance
of
propane
heating
systems
and
appliances;
and
the
sale
of
propane-related
supplies,
appliances
and
other
equipment.
The
Partnership's
operations
are
concentrated
in
the
east,
south,
central
and
west
coast
regions
of
the
United
States.
During
fiscal
2000,
the
Partnership
had
retail
propane
sales
of
approximately
276
million
gallons. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CNO
acquires,
owns
and
operates
the
propane
businesses
of
Synergy
and
Empire
Energy,
Coast.
CNO
also
engages
in
the
retail
distribution
of
propane
for
residential,
commercial
and
industrial
uses.
For
the
nine
months
ended
3/31/01,
revenues
rose
46%
to
$3.78
billion.
Net
income
applicable
to
limited
partner
before
acct.
change
rose
6%
to
$14.9
million.
Results
reflect
an
increase
in
natural
gas
sales,
partially
offset
by
a
$5.6
million
non-recurring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Merle Lewis, 52 Chairman | -- | Keith Baxter, 51 Pres,
CEO, Director | $1.4M | Richard Hylland, 40 Vice
Chairman | -- | Richard Nye, 45 Acting
CFO, VP of Fin. and Admin. | -- | Charles Kittrell, 60 Exec.
VP, COO, Sec. | 891K | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|