Butane-Propane News

12/23/2024

Meet December's Industry Insider: Paula Summers. The founder of Summers Engineered Capital shares her hopes for the future of the industry and talks on the importance of financial resiliency.

Grab a cup of hot cocoa and take a look!

In this edition of Industry Insider, BPN heard from Paula Summers, founder of Summers Engineered Capital, on the ways the propane industry has changed over the course of her career, as well as the advice she would give to those just entering the industry.

12/21/2024

Thinking about mergers and acquisitions in the propane industry? Whether you're buying, selling or planning for the future, having a solid strategy is key.

Check out Mike Procopio's, from PDI Technologies, article including an M&A checklist to navigate transitions smoothly and keep your business thriving.

Mergers and acquisitions (M&A) are reshaping the propane industry, driven by evolving heating preferences, regulatory pressures and an aging ownership base. Success requires careful planning, clear communication and readiness to ensure smooth transitions for employees and customers.

12/18/2024

What to Do During a Propane Service Interruption? Propane interruptions can happen for many reasons — empty tanks, appliance malfunctions or system maintenance. Keeping your team prepared is key to safety and efficiency!

Learn how to streamline your approach and ensure safety for your customers, employees and company from Shawn Litchfield of P3 Propane Safety.

Interruptions of service (IOS) disrupt propane flow and require tailored responses. This article highlights common IOS scenarios and stresses clear policies, employee training and documentation to ensure safety and efficiency.

12/16/2024

It's official — cold weather season is here and isn't going away for a while. Propane deliveries will see a boost as we enter the busy season.

To better prepare your company, take some time to prioritize the behind-the-scenes operations of your back office. Jon Gilbert of Qualpay and Kelly Engel of FuelMor Propane Software are here to help as they discuss ways to increase your software efficiency.

Optimizing back office processes is critical to running an efficient and successful propane delivery business. Here are some tips to keep on your radar as you dig into your software operations.

12/13/2024

Finding the right partner to buy your propane business is perhaps the most essential component of selling your company.

Christina Armentano with Paraco shares five tips to help you make the right decision for your brand as you meet with potential buyers.

Click the link below to read more:
https://bpnews.com/feature-articles/finding-right-buyer-maintain-prioritize-your-brands-reputation

12/11/2024

With the start of 2025 around the corner, many are reflecting on how to prioritize what matters most — whether that’s embracing health and personal growth, cherishing family and friends or even stepping away from resolutions altogether.

Explore these unique approaches to the New Year in an article by Nancy Coop from Cetane Associates and find inspiration for your own journey!

This column explores the diverse perspectives on New Year’s resolutions, showcasing how individuals approach goal-setting with varying levels of enthusiasm and creativity. From prioritizing health and family to rejecting the tradition altogether, these reflections highlight the evolving nature of ...

12/09/2024

In "slower" winter seasons, it's tempting for propane marketers to put things on autopilot and become complacent. But DD Alexander with the National Propane Gas Association suggests a different approach.

Now is the time to reassess your relationship with your propane supplier. Here are some questions and pointers to think about as you consider the status of your supply model.

In "slower" winter seasons, it's easy for propane marketers to become complacent in their supply strategy. But now is the time for marketers to take stock of the relationship they have with their supplier.

12/06/2024

SPECIAL ANNOUNCEMENT! The Propane Education and Research Council (PERC) has announced applications are open for its 2025 Leadership in Energy Ambassador program. In announcing the application period, PERC released the following:

"PERC is seeking passionate and forward-thinking marketers to apply for the 2025 Leadership in Energy Ambassador program. This educational program provides critical content, competency development and tools in crafting data-driven messaging and strategy that resonates with key business decision-makers and specifiers. Sessions will explore leveraging AI tools and developing real-world marketing assets.

The select group of individuals who will be accepted into this program must seek nomination from their Company CEO or owner, agree to pre-and post-meeting work, and be enthusiastic about the opportunity to engage with their communities and other industry colleagues."

Those interested can follow the link below to apply:
https://propane.com/leadership-in-energy-ambassador-program/

12/06/2024

Looking to grow your propane business?

Mike Gioffre of Blue Peak Resources shares expert tips for navigating the competitive M&A market — know what to look for and make your next move a success! From resources to location and synergies, these strategies can help you drive long-term growth.

Succeeding in the propane M&A market requires careful evaluation of the seller's motivations, resources, culture, finances and location. By focusing on these factors and potential synergies, you can identify acquisitions that enhance growth and competitiveness.

12/04/2024

Here's something that shouldn't take anyone by surprise: Sometimes things go wrong with propane. Dealing with a highly combustible source of energy brings with it inherent risk. When human error is added to the equation, this can have deadly consequences.

In this month's edition of Propane & the Law, attorney David Schlee takes a closer look at a tragic case involving an explosion that killed a volunteer firefighter.

After an explosion killed a volunteer firefighter and injured 11 others, a propane technician has been charged with involuntary manslaughter. Here's a play-by-play of the events that led to the tragic explosion and why a jury landed on a guilty verdict.

12/03/2024

In the wake of Hurricane Helene, Western North Carolina is rebuilding through community resilience and collaboration. Propane industry leaders, local volunteers and grassroots organizers are working together to provide essential supplies like heaters, cylinders and regulators to those in need.

Read in this article by Reagan Bonnette, of Stringer Oil & LP Gas, how by combining resources and fostering strong partnerships, the recovery efforts are creating lasting connections and helping communities rebuild stronger.

In the wake of Hurricane Helene, relief efforts in Western North Carolina have highlighted community resilience and the critical role of collaboration. Through grassroots initiatives and support from the propane industry, volunteers have provided essential resources and fostered connections to drive...

12/03/2024

LAST CALL! Considering acquiring or selling in the propane sector? You won't want to miss tomorrow's webinar.

Paraco will be joining BPN Dec. 4 at 12:00 p.m. CST to discuss the mergers and acquisitions process. Hear from experts with experiences both buying and selling and walk away being empowered to better equip your business for the future.

Click the link below to register:

https://event.on24.com/wcc/r/4750062/0B9934CE7EECFDD61B78CB523BE2B9ED?partnerref=social

Wednesday, December 04, 2024 at 12:00 PM Central Standard Time. In today’s dynamic propane market, mergers and acquisitions are crucial strategies for growth and market expansion. In this webinar, we will dive into the propane industry’s landscape, focusing on the process of valuations, acquisit...

12/02/2024

As you get your M&A ducks in a row, it's important to conduct an on-site operations review.

Benny Gay with B&A Energy Partners talks on what an operations review is and why it is an essential component if you are entering the M&A process.

The rush of getting your things in order as you enter the M&A process can be daunting. But it's imperative to not skip over an on-site operations review to make sure that you are in tune with the details of your business from top to bottom.

11/21/2024

As the new year fast approaches, now is a great time to take stock of your business and assess your standing as you consider either acquiring or selling.

To help you in this journey, Paraco is sponsoring a free educational webinar on the ins and outs of the M&A process for propane businesses. This is a webinar you won't want to miss.

Click the link below to register:
https://event.on24.com/wcc/r/4750062/0B9934CE7EECFDD61B78CB523BE2B9ED?partnerref=social

This webinar is sponsored by Paraco.

Wednesday, December 04, 2024 at 12:00 PM Central Standard Time. In today’s dynamic propane market, mergers and acquisitions are crucial strategies for growth and market expansion. In this webinar, we will dive into the propane industry’s landscape, focusing on the process of valuations, acquisit...

11/20/2024

From growing up in the family fuel business to leading the way in propane mergers and acquisitions, Matthew Porter of Tounge Associates brings a unique perspective to the propane industry.

In a November, they discuss their entrepreneurial journey, the rise of biopropane and their vision for cutting through red tape to drive innovation and meet growing demand. Don’t miss these insights on how they’re shaping the future of the industry!

A propane industry veteran joins Tounge Associates as a senior advisor for mergers and acquisitions, leveraging years of experience as a business owner to provide unique insights and support to clients. His role focuses on lead development and enhancing the client experience while addressing trends....

11/19/2024

Looking for ways to make training more engaging for your employees? It's a common question when it comes time for your company's routine training sessions.

F.W. Webb Company's Evan Heidenrich explores the importance of creating education opportunities that incorporate real-world situations.

Wondering about how to mix up your training sessions with your team? F.W. Webb talks on ways to better engage your team with real-world experiences and the use of mobile training vehicles.

11/18/2024

LAST CHANCE! Tomorrow, BPN will be joined by the National Propane Gas Association to lay out the resources available through ACE Services to help your company get drivers on the road ASAP.

Tune in tomorrow at 1:00 p.m. CST to join in the conversation and place yourself in a better position to equip the transportation section of your company.

Click the link below to register for free:
https://event.on24.com/wcc/r/4749698/31A89BDB260ACFB26100E4219A964F80?partnerref=social

This webinar is sponsored by the National Propane Gas Association.

11/15/2024

New England's Clean Heat Standard aims to transition to cleaner energy, but questions remain about affordability, grid readiness and energy choice.

Explore how these policies could impact you and your community in an article by JT Tounge, the managing partner at Tounge Associates.

New England's Clean Heat Standard and similar policies like New York's Cap and Invest Program are reshaping the energy landscape, prioritizing electrification while raising costs and straining the grid. These measures could have sweeping unintended consequences for energy choice, reliability and aff...