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Ferrellgas Partners, L.P. reports developments tied to its propane distribution business, which serves customers through Ferrellgas, L.P. and subsidiaries across all 50 states, the District of Columbia, and Puerto Rico. Recurring updates include fiscal operating results, weather-driven heating demand, propane sales volumes, expenses, and distributions on partnership units.
Company news also covers financing actions such as senior notes and revolving credit facilities, fleet logistics, telematics, routing optimization, safety programs, employee training, and propane industry participation through the Propane Education & Research Council.
Ferrellgas (FGPR) announced that Vice President and Head of Retail Ray Galan has been sworn in as Treasurer of the National Propane Gas Association (NPGA) at the 2026 Annual & Mid-Year Board of Directors Meeting in Washington, D.C.
Galan, a 29-year Ferrellgas veteran who leads retail operations, joins NPGA’s officer leadership path, bringing an employee-owner perspective as propane’s role in America’s energy mix evolves.
Ferrellgas Partners (OTC: FGPR) reported Q3 FY2026 results for the quarter ended April 30, 2026. Gross profit rose $2.2 million (~1%) as a $36.3 million (~6%) revenue decline was more than offset by a $38.5 million (~14%) drop in product cost.
Net earnings fell 53% to $28.0 million, largely from a $29.0 million operating expense increase driven by legacy casualty claim settlements. Adjusted EBITDA declined 11% to $102.1 million. The company converted 1.3 million Class B Units into 6.5 million Class A Units after a $107.0 million final distribution, eliminating Class B distribution obligations.
Ferrellgas Partners (OTC: FGPR) announced board and succession planning updates, following recent capital structure improvements.
The company renewed and extended its Credit Agreement, refinanced Senior Notes due 2026, and converted all Class B Units to Class A Units, enhancing liquidity and simplifying its structure. Andrew Safran joined the Board on May 21, 2026, and Pamela A. Breuckmann was appointed Vice Chair on May 22, 2026, while Jim Ferrell remains Chairman.
Ferrellgas (OTC: FGPR) announced that Director of Logistics Raudel Arriaga was named one of Samsara’s 100 Fleet Operators to Watch in 2026. The recognition highlights safety, fleet stewardship, and connected-fleet technology deployment that improves visibility and coordination across Ferrellgas’ network.
Arriaga, with the company since 2014, was praised by President and CEO Tamria Zertuche for leadership in telematics, operations, and safety culture.
Ferrellgas Partners (OTC: FGPR) reported second fiscal quarter results for the period ended January 31, 2026, showing improved profitability despite lower volumes and prices. Net earnings rose to $102.2M, Adjusted EBITDA increased to $166.1M, and gross profit grew by $3.0M. The board declared an $82.32 per Class B Unit distribution (~$107.0M) and approved intent to convert all 1.3M Class B Units into five Class A Units each after the distribution.
Operational gains included retail gross profit growth, margin-per-gallon improvement, expanded tank-exchange throughput, telematics-driven efficiency, and strengthened winter readiness.
Ferrellgas Partners, L.P. (OTC: FGPR) reported results for the first fiscal quarter ended October 31, 2025, and highlighted refinancing and operational progress.
Key headlines: the company redeemed $650.0 million of senior notes due 2026 and issued $650.0 million of senior notes due 2031, extended and expanded its revolving credit facility, and received credit rating upgrades from S&P Global and Moody’s. Adjusted EBITDA fell 18% to $29.3 million, margin per gallon rose 6%, and the company reported a net loss attributable to Ferrellgas of $26.9 million. Retail residential metrics improved with 15% more new residential tank sets and 37% higher temp heat tank sets versus prior year quarter.
Ferrellgas (OTC: FGPR) announced that Megan Sharp, Vice President of Operations Support, was appointed as a Councilor to the Propane Education & Research Council (PERC) on Dec. 3, 2025. PERC leads national efforts in safety, training, research, and consumer education to advance propane use.
Sharp, a nearly 20-year industry veteran and Nevada Air National Guard veteran, said she aims to promote propane’s role in heating, agriculture, and transportation. Ferrellgas CEO Tamria Zertuche highlighted Sharp’s experience in operations, safety, and customer experience and said the appointment extends Ferrellgas’ representation at the national level.
Ferrellgas (OTC:FGPR) completed an offering of $650.0 million aggregate principal amount of 9.250% senior notes due 2031 at par and used proceeds plus cash on hand to redeem all its 5.375% senior notes due 2026. The new Notes are senior obligations and are senior unsecured–guaranteed by Ferrellgas and its subsidiaries, subject to exceptions.
The company also entered into a Seventh Amendment to its Credit Agreement that extends the facility maturity to October 2028, raises the maximum borrowing capacity to $350 million (subject to a borrowing base) and includes a $50 million accordion feature. Management said the actions address near‑term maturities and improve financial flexibility.
Ferrellgas, L.P. (OTC: FGPR) priced an offering of $650.0 million aggregate principal amount of 9.250% senior notes due 2031, at 100% of principal. The offering is expected to close on or about October 27, 2025, subject to customary closing conditions.
The Notes will be senior obligations guaranteed on a senior unsecured basis by Ferrellgas, Inc. and existing and future subsidiaries (with exceptions). Net proceeds, together with cash on hand, are intended to redeem the Issuers’ 5.375% Senior Notes due 2026, conditioned on closing and an amendment to the company’s revolving credit agreement. The Notes are being offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S.
Ferrellgas (OTC:FGPR) announced an intended offering of $650.0 million aggregate principal amount of senior notes due 2031, subject to market conditions.
The Issuers plan to use net proceeds, together with cash on hand, to redeem all of their 5.375% senior notes due 2026. The redemption is conditioned on completion of the proposed offering and an amendment to the credit agreement governing the company’s revolving credit facility.
The new notes will be senior obligations, guaranteed on a senior unsecured basis by Ferrellgas and its subsidiaries. The notes will be sold only to qualified institutional buyers under Rule 144A and to non-U.S. persons in compliance with Regulation S, and they will not be registered under the Securities Act.