Ferrellgas Part Stock Price, News & Analysis

Ferrellgas Partners (OTC: FGPR) reported strong Q3 FY2025 results with 9% revenue growth and 12% net earnings growth. The company achieved net earnings of $59.1 million, up from $52.8 million in Q3 FY2024. Revenue growth was driven by increased demand across all segments, with retail sales up 9% and wholesale sales up 8%. Adjusted EBITDA rose 10% to $114.8 million. The quarter was 4% warmer than normal but 12% cooler than Q3 FY2024, contributing to a 12% increase in residential customer gallons sold. The company secured new national accounts through multi-year contracts and reported improved operational metrics through telematics technology. Ferrellgas is currently working with Moelis & Company on refinancing its $308.8 million revolving credit facility and $650.0 million senior unsecured notes, due in late 2025 and early 2026 respectively.

Blue Rhino, the tank exchange brand of Ferrellgas Partners (OTC: FGPR), has renewed its partnership with the International Rhino Foundation (IRF) for the "Keep the Five Alive" campaign. Launching May 5, 2025, this initiative aims to protect the world's five remaining rhino species, whose wild population has declined to under 28,000.

Key campaign features include:

• Donation matching up to $35,000 (May 1-7)
• Limited-edition Black rhino tank sleeve
• Two awareness-driven giveaways
• Social media engagement campaign
• Special grilling recipes inspired by rhino habitats

The campaign focuses on protecting the critically endangered Javan, Sumatran, Greater One-Horned, Black, and White rhinos. This initiative is part of the Ferrellgas Century Project, demonstrating the company's commitment to environmental causes and global community impact.

Ferrellgas Partners (OTC: FGPR) has been recognized as one of the Most Trustworthy Companies in America 2025 by Newsweek, marking their second time receiving this distinction. The recognition stems from an extensive survey of approximately 25,000 Americans, evaluating customer, investor, and employee trust, along with social media sentiment.

As one of the few propane companies to receive this honor, Ferrellgas was listed among 700 companies across 23 industries. The company secured its position in the Energy & Utilities category, joining 40 other recipients. President and CEO Tamria Zertuche attributed this achievement to the dedication of their employee-owners and their commitment to prioritizing customer service.

Ferrellgas Partners (OTC: FGPR) announced that Chief Financial Officer and Treasurer Michael E. Cole will retire effective May 2, 2025. The company, a technology-enabled logistics and nationwide propane distribution business, will continue its relationship with Moelis & Company to advise on financial strategies while searching for a new CFO.

CEO Tamria Zertuche praised Cole's decades of experience in finance and energy sectors, highlighting his contributions to the company's Finance and Accounting team development, including strengthening FP&A, Treasury, and Investor Relations functions. Cole's tenure was marked by his impact on key stakeholders and maintaining an employee-owner mindset essential to the company's success.

Ferrellgas Partners (OTC: FGPR) reported its Q2 FY2025 results with notable improvements in financial performance. Net earnings reached $98.8 million, up from $95.8 million in the prior year. Gross profit increased by $19.1 million (6.0%), driven by a 10% revenue increase to $59.9 million.

The company saw a 6% increase in gallons sold, with wholesale gallons up 20% and retail gallons up 1%. Adjusted EBITDA grew by $10.1 million (7%) to $157.0 million. The quarter experienced varying weather conditions, being 1.5% cooler than normal and 5.1% cooler than the prior year.

Blue Rhino, the company's tank exchange business, achieved record January sales and 14% organic growth. The company also settled the Eddystone litigation for $125.0 million, with $50.0 million paid in January 2025 and two additional payments of $37.5 million scheduled.

Ferrellgas Partners (OTC: FGPR) has announced a settlement agreement with Eddystone Rail Company to resolve multiple litigations dating back to February 2017. The settlement requires Ferrellgas to pay $125.0 million in three structured payments through January 15, 2026:

- $50.0 million paid on January 15, 2025
- $37.5 million due by June 16, 2025
- $37.5 million due by January 15, 2026

The agreement resolves a $171.6 million judgment from June 7, 2024. The settlement will be funded using existing cash and liquidity. The company's $190 million appeal bond and associated letters of credit have been released. Ferrellgas has retained Moelis & Company to advise on capital restructuring strategies, including addressing upcoming debt maturities to maximize long-term unitholder value.

Ferrellgas Partners (OTC: FGPR) reported its Q1 FY2025 results, showing mixed performance. Gross profit increased by $0.9 million (0.5%), driven by a 4% decrease in cost of product sold, partially offset by a 2% decrease in revenues. Total gallons sold decreased by 3%, with retail gallons down 7% but wholesale gallons up 7%. The company reported a net loss of $146.6 million, largely impacted by a $125.0 million accrual related to pending Eddystone litigation.

Adjusted EBITDA increased by $2.9 million (9%) to $35.8 million. The company secured an amendment to its revolving credit facility, extending maturity to December 31, 2025, though the commitment level will reduce from $350.0 million to $308.8 million starting March 31, 2025.

Ferrellgas Partners (OTC: FGPR) has made a donation to South Africa's Peninsula School Feeding Association (PSFA) to help schools obtain Gas Compliance Certificates and purchase gas stoves. The initiative, announced during LPG Week in Cape Town, supports PSFA's mission of providing daily meals to nearly 35,000 students across 400+ educational institutions. The donation is part of the Ferrellgas Century Project, the company's commitment to environmental and social impact leading up to its 100th anniversary in 2039. PSFA officials highlighted the donation's significance in helping schools meet gas compliance regulations and maintain cost-effective meal preparation systems.

Ferrellgas Partners (OTC: FGPR) has renewed its partnership with Operation Warm, a nonprofit providing winter coats to children in need. The company distributed coats at elementary schools in Kansas City, Florissant, Des Moines, and Kansas City, Kansas. Since the partnership's inception in 2021, Ferrellgas has contributed over 10,000 winter coats. The initiative is part of the Ferrellgas Century Project, the company's ESG initiative aimed at community service through 2039, marking its 100th year in business.