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Ferrellgas Joins Industry Colleagues Worldwide to Recognize LPG Day

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Ferrellgas Partners, L.P. (OTC:FGPR) celebrates LPG Day, an annual event organized by the World Liquid Gas Association on June 7 to highlight propane's benefits. Ferrellgas, one of the largest propane companies in the U.S., also owns the Blue Rhino exchange brand. President & CEO Tamria Zertuche emphasized the importance of propane as a clean-burning energy source and highlighted the company's commitment to promoting its safe uses. The nearly 4,500 employee-owners of Ferrellgas plan to engage in LPG Day activities alongside industry peers globally, aiming to keep propane in the national energy conversation.

Positive
  • Ferrellgas is actively participating in LPG Day, showcasing its commitment to the propane industry.
  • The company is one of the largest propane providers in the U.S., reinforcing its strong market position.
  • Ferrellgas owns the Blue Rhino exchange brand, available at approximately 65,000 locations, indicating extensive market reach.
  • The company promotes propane as an abundant and clean-burning energy source, aligning with sustainable energy trends.
Negative
  • The press release does not mention any recent financial data or business developments, leaving investors without new information on potential stock performance impacts.
  • There is no discussion of revenue or profitability metrics, which are important for evaluating the company's financial health.
  • No specific plans or initiatives for growth or innovation were highlighted, potentially signaling a lack of forward momentum.

LIBERTY, Mo., June 07, 2024 (GLOBE NEWSWIRE) -- The employee-owners of nationwide propane company Ferrellgas Partners, L.P. (OTC:FGPR) are celebrating LPG Day! Created by the Paris-based World Liquid Gas Association (WLGA) and recognized annually on June 7, the event is designed to raise awareness of the many benefits of propane around the world.  

Millions of Americans rely on propane to fuel their homes, businesses, and farms. Ferrellgas is one of America’s largest propane companies and is also well known for its popular Blue Rhino exchange brand that is sold at approximately 65,000 locations. President & Chief Executive Officer Tamria Zertuche said the nearly 4,500 Ferrellgas employee-owners plan to commemorate the day together and with their industry peers. 

“Ferrellgas is proud to stand up with our industry partners here in the U.S. and around the world to showcase the many safe uses of propane,” Zertuche said. “Propane is an abundant and clean-burning energy source. Our goal on LPG Day, and every day, is to help ensure that propane remains a part of the national energy conversation and that consumers always get to choose the energy source that’s best for them.” 

Keep up with plans for LPG Day and learn more about the many valuable uses for propane by following both Ferrellgas and the World Liquid Gas Association on social media.  

About Ferrellgas  
Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas, L.P., and subsidiaries, serves propane customers in all 50 states, the District of Columbia, and Puerto Rico. Its Blue Rhino exchange brand is sold at 65,000 locations nationwide. Blue Rhino is proudly celebrating its 30th birthday this year with an exclusive sweepstakes, prizes, and more. Ferrellgas employees indirectly own 1.1 million common units of the partnership through an employee stock ownership plan. Ferrellgas Partners, L.P. filed a Form 10-K with the Securities and Exchange Commission on September 29, 2023. Investors can request a hard copy of this filing free of charge and obtain more information about the partnership online at www.ferrellgas.com.   

Contact: communications@ferrellgas.com


FAQ

What is the significance of LPG Day for Ferrellgas (FGPR)?

LPG Day, celebrated on June 7, highlights the benefits of propane. Ferrellgas uses this day to promote propane as a clean-burning energy source and engage with industry peers and consumers.

How many locations sell Ferrellgas's Blue Rhino exchange brand?

The Blue Rhino exchange brand is available at approximately 65,000 locations.

Who is the CEO of Ferrellgas (FGPR)?

Tamria Zertuche is the President & Chief Executive Officer of Ferrellgas.

What does Ferrellgas aim to achieve on LPG Day?

Ferrellgas aims to raise awareness of propane's benefits and ensure it remains a part of the national energy conversation.

How many employee-owners does Ferrellgas have?

Ferrellgas has nearly 4,500 employee-owners.

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