SEC Filing Summary: STAR GAS PARTNERS, L.P.
Business Context and Reporting Period
This Form 8-K was filed on December 11, 2006, by Star Gas Partners, L.P. (the "Partnership"), a Delaware limited partnership. The report discloses executive compensation decisions made by the Board of Directors of Kestrel Heat LLC, the Partnership's general partner.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. The only financial data disclosed relates to specific cash bonuses awarded to named executive officers for the fiscal year ended September 30, 2006:
- Joseph P. Cavanaugh (Chief Executive Officer): $220,000
- Daniel P. Donovan (Chief Operating Officer): $240,000
- Richard Ambury (Chief Financial Officer): $190,000
- Richard G. Oakley (Vice President and Controller): $50,000
Material Changes
The filing reports the approval of cash bonuses for the fiscal year ended September 30, 2006. No material changes to financial performance, operations, or capital structure are disclosed in this document.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on future performance, or discussion of risks and contingencies. The document is limited to the disclosure of compensatory arrangements under Item 5.02.
Investor Verification Checklist
- Verify the total cash bonus payout of $700,000 against the Partnership's annual compensation expense.
- Confirm the performance criteria used to determine the bonus amounts for the fiscal year ended September 30, 2006.
- Review the Partnership's most recent 10-K or 10-Q for comprehensive financial results, as this 8-K does not contain them.