FERRELLGAS PARTNRS LP NEW - FGPR STOCK NEWS

Ferrellgas announces the graduation of 22 trainees from its Management Development Program, highlighting their 18,500 hours of training in corporate and field modules. Graduates will transition into full-time roles, applying their newly acquired skills to enhance business operations. The program, initiated in 2020, addresses employee demand for leadership pathways, currently housing 42 active candidates. Furthermore, the trainees dedicated 414 service hours to the Veterans Community Project in Kansas City. Applications for the Summer 2022 class are now open.

Ferrellgas Partners, L.P. (OTC: FGPR) announced strong financial results for fiscal year 2021, reporting a $67.6 million increase in operating income, a 45% year-over-year growth. The gross profit rose by $47.9 million, supported by a 6% increase in overall gallons sold, with fourth-quarter gross profit up $3.9 million. Adjusted EBITDA grew by $52.6 million to $318.1 million for the year. The company successfully emerged from bankruptcy in March 2021 and paid a $49.9 million distribution to Class B unit holders in October 2021.

Ferrellgas Partners, L.P. (OTC:FGPR) has appointed Dhiraj Cherian as Chief Financial Officer, effective immediately. Cherian brings over 20 years of financial expertise, most recently holding a CFO position at Panasonic Automotive Systems Company. CEO Jim Ferrell expressed confidence in Cherian's ability to enhance financial performance and drive business transformation. Cherian holds an MBA in Finance and Accounting and has previously worked at Westinghouse Electric and General Electric. Ferrellgas serves propane customers across the U.S., with a strong presence through its Blue Rhino brand.

Ferrellgas emphasizes the critical importance of preparedness during the upcoming hurricane season, predicting continued above-normal activity. The company highlights the role of propane as a reliable energy source in emergencies, aiding in essential needs such as cooking and power generation. Ferrellgas suggests families create emergency plans and maintain sufficient propane supplies. Key safety tips are provided to manage propane tanks during severe weather. Ferrellgas serves customers across the US and Puerto Rico, enhancing community resilience through its products.

Blue Rhino, America's top propane tank exchange brand, celebrates Labor Day with grilling tips. According to a 2020 survey, 56% of grill owners use their grills on Labor Day, making it the third most popular grilling holiday. Blue Rhino offers a checklist that includes recipe suggestions, grilling essentials, and propane tank locations. With over 60,000 retail outlets, Blue Rhino ensures customers can find propane easily. The company emphasizes safety and enjoyment amidst the cooking experience, highlighting its commitment to fueling backyard adventures for nearly three decades.

Blue Rhino announces its partnership with Operation BBQ Relief for the Summer Grilling Series, offering unique grilling recipes weekly. This initiative aims to enhance summer cooking experiences while both organizations remain ready to assist communities in need. Tamria Zertuche, COO of Ferrellgas, emphasizes the joy of grilling in summer, while Stan Hays, CEO of Operation BBQ Relief, appreciates Blue Rhino's long-term support. The program celebrates its 10th year and has provided nearly 10 million meals during disasters.

Ferrellgas, a leading propane provider, emphasizes safety tips for grilling this Fourth of July weekend. With millions expected to use propane grills, the company highlights crucial safety measures to prevent accidents. Key advice includes following manufacturer instructions, checking for gas leaks, and ensuring proper storage of propane tanks. The company's commitment to customer safety is reinforced through educational reminders. As a nationwide service with locations in all 50 states, Ferrellgas aims to support safe celebrations during the holiday.