Welcome to our dedicated page for Ferrellgas Part SEC filings (Ticker: FGPR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Ferrellgas Partners, L.P. (FGPR) SEC filings page on Stock Titan provides access to the partnership’s key regulatory documents, along with AI-assisted context to help interpret them. Ferrellgas files reports for Ferrellgas Partners, L.P., Ferrellgas, L.P., Ferrellgas Partners Finance Corp., and Ferrellgas Finance Corp., reflecting its capital structure and financing activities in the propane distribution business.
Core filings include the Annual Report on Form 10-K, where Ferrellgas discusses its propane operations across all 50 states, the District of Columbia, and Puerto Rico, outlines segment performance such as retail and wholesale propane (including the Blue Rhino tank exchange business), and describes risk factors like weather variability, propane pricing, competition from other energy sources, supply disruptions, and regulatory and environmental obligations. Quarterly Form 10-Q reports update these disclosures and provide interim financial statements and management’s discussion of results.
Ferrellgas also files numerous Form 8-K current reports to announce material events. Recent 8-K filings describe the issuance of senior notes due 2031, the redemption of senior notes due 2026, amendments to the revolving credit facility, investor presentations, and quarterly and annual earnings releases. These documents detail terms such as interest rates, maturities, redemption provisions, covenants, and events of default, which are central to understanding the partnership’s leverage and liquidity profile.
On this page, real-time updates from EDGAR are paired with AI-generated summaries that highlight the main points of lengthy filings. For example, AI can surface how a new credit agreement amendment changes borrowing capacity, or how an annual report characterizes key risks like weather exposure and propane supply. Users can quickly locate 10-K and 10-Q reports for comprehensive financial and operational information, and review 8-K filings for financing transactions and earnings announcements. Where applicable, insider-related filings such as Form 4 can also be viewed to see transactions by reporting persons. This structured view helps investors and researchers navigate Ferrellgas’ regulatory history and understand the disclosures that shape analysis of FGPR.
Ferrellgas Partners director Pamela A. Breuckmann reported non-cash conversions of Class B Units into Class A Units. On March 16, 2026, 377 Class B Units held directly and 531 Class B Units held through the Pamela A. Breuckmann Revocable Trust were converted into Class A Units at a rate of five Class A Units for each Class B Unit. Following these conversions, she held 1,891 Class A Units directly and 4,744 Class A Units indirectly through the trust. All outstanding Class B Units of the issuer were converted to Class A Units on this date, and no Class B Units remain outstanding for this reporting person.
Ferrellgas Partners L.P. director James E. Ferrell reported a conversion of partnership units. On March 16, 2026, 3,120 Class B Units were converted into 15,600 Class A Units at a fixed rate of five Class A Units for each Class B Unit, with no cash price per unit.
The transaction is classified as an acquisition through derivative conversion, not an open-market purchase or sale, and leaves Ferrell with 15,600 Class A Units held directly. According to the footnote, all of the issuer's outstanding Class B Units were similarly converted into Class A Units.
Ares-affiliated entities reported an existing indirect ownership position in Ferrellgas Partners’ Class A Units. The filing shows 1,563,690 Class A Units held indirectly, with the position split among several Ares-managed funds and vehicles, including ASOF II entities, Ares Capital Corporation and other affiliated partnerships and corporations.
The units also include 9,120 Class A Units held in an account managed or subadvised by Ares Management LLC, over which the Ares entities may share voting or dispositive power. The Ares entities collectively may be deemed to share beneficial ownership but expressly disclaim beneficial ownership of the managed units and of securities not held of record by them.
Ares-affiliated entities filed an initial Form 3 for Ferrellgas Partners, L.P., reporting indirect holdings of 1,563,690 Class A Units. These units are spread across multiple Ares-managed funds and vehicles, with Ares Management LLC serving as manager or general partner for the relevant entities.
The filing notes that the Ares entities may be deemed to share beneficial ownership of the reported securities but disclaim beneficial ownership of units not held of record by them, including certain managed accounts.
Ares-affiliated investment entities reported a significant ownership position in Ferrellgas Partners, L.P. through a Schedule 13D filing. On March 16, 2026, Ferrellgas converted all outstanding Class B Units into Class A Units at a 5‑for‑1 conversion rate. As a result, the Ares entities acquired an aggregate of 1,563,690 Class A Units.
Based on 11,357,605 Class A Units outstanding, this stake represents about 13.8% of the class, with all voting and dispositive power reported as shared among various Ares funds and management vehicles. The position was originally funded by purchasing 312,738 Class B Units for total consideration of $75,036,400. The investors state they hold the units for investment purposes but may from time to time buy more, sell, or adjust exposure, and may discuss strategic alternatives with Ferrellgas management and its board, including potential mergers, asset transactions, capital structure changes, or other corporate actions, although they currently have no specific plans formed.
Ferrellgas Partners, L.P. has converted all of its Class B Units into Class A Units after reaching the Class B Conversion Threshold defined in its partnership agreement. On March 16, 2026, the partnership elected to apply a Class B Conversion Factor of 5.00, so each Class B Unit became five Class A Units.
In total, the partnership issued 6,500,000 Class A Units upon conversion of all Class B Units. The partnership’s public accounting firm determined that these newly issued Class A Units are fully fungible with existing Class A Units and are tradable on the same basis. Computershare Inc. and its affiliate Computershare Trust Company, N.A. were engaged to act as conversion agent.
Ferrellgas Partners, L.P. reported stronger results for the quarter and six months ended January 31, 2026, driven by higher profitability despite slightly lower sales. Total revenues were $641.4M for the quarter and $996.6M for the six months, down modestly from $669.8M and $1,033.9M a year earlier as propane volumes and prices softened.
Cost of sales fell sharply, lifting operating income to $136.2M for the quarter and $138.0M year-to-date, compared with $127.6M and $4.7M in the prior-year periods. Net earnings attributable to Ferrellgas Partners rose to $102.2M for the quarter and $75.3M for six months, versus $98.8M and a loss of $47.8M last year. Cash flow from operating activities improved to $32.2M from a small outflow.
The partnership refinanced its capital structure by redeeming $650.0M of 5.375% notes due 2026 and issuing $650.0M of 9.250% senior notes due 2031, and amended its secured credit facility to extend maturity to October 27, 2028 with borrowing capacity of $350.0M. Senior preferred units of 700,000 remain outstanding with a carrying amount of $651.3M, and no common distributions were declared. Despite a partners’ deficit of $990.4M, continued profits and improved liquidity support ongoing operations in a seasonal propane business.
Ferrellgas Partners, L.P. reported stronger results for the quarter ended January 31, 2026. Revenue slipped to $641.4 million from $669.8 million, but gross profit edged up to $350.4 million as lower propane costs expanded margins.
Net earnings attributable to the partnership rose to $102.2 million from $98.8 million, and Adjusted EBITDA increased to $166.1 million from $157.0 million, helped by lower general and administrative and lease expenses. Margin per gallon improved about 6%, driving roughly 13% higher operating income per gallon.
The board declared a cash distribution of $82.32 per Class B Unit, about $107.0 million in total, payable in March 2026. After this payment, Ferrellgas intends to convert all 1.3 million Class B Units into Class A Units on a 5-for-1 basis, adding 6.5 million Class A Units and simplifying its capital structure.
Ferrellgas Partners, L.P. declared a cash distribution on its Class B Units of $82.32 per unit, totaling about $107.0 million, payable on or about March 13, 2026 to Class B unitholders of record as of March 6, 2026.
This payment causes the partnership to meet the “Class B Conversion Threshold,” allowing it to elect to convert all 1.3 million outstanding Class B Units into Class A Units. The board approved the partnership’s intent to elect this conversion after the distribution, with each Class B Unit to convert into five Class A Units, effective only upon written notice to holders. The filing also states that 100.0% of distributions to non-U.S. investors are treated as effectively connected income, subject to U.S. tax withholding at the highest rate plus an additional 10% withholding, with nominees acting as withholding agents.
Ferrellgas Partners, L.P. filed an update announcing that it will host an Internet teleconference to discuss results for its second fiscal quarter ended January 31, 2026. The webcast is scheduled for March 5, 2026, starting at 8:00 a.m. Central Time (9:00 a.m. Eastern Time).
Investors can access the event at the specified webcast link, and questions may be submitted in advance or during the event via the company’s investor relations email box at InvestorRelations@ferrellgas.com.