QUOTE AND NEWS
Motley Fool  Dec 1  Comment 
The company will pay $0.10 per unit.
Motley Fool  Nov 21  Comment 
Ferrellgas’ expansion plans have hit a major roadblock; now could be the right time to buy.
Motley Fool  Nov 11  Comment 
A mild winter meant Suburban Propane Partners wasn't selling much home heating fuel. If this winter is as warm as the last, then investors might want to question the sustainability of the dividend.
Motley Fool  Nov 9  Comment 
The aftereffects of Ferrellgas Partners' late-September earnings announcement continue to hit the company's stock hard.
Motley Fool  Nov 4  Comment 
Ferrellgas gave unitholders a shocking bit of news recently. The big question for income investors now is whether it can turn things around.
Benzinga  Nov 2  Comment 
  Credit Suisse raised Square Inc (NYSE: SQ) price target from $12 to $15. Square shares closed at $11.07 on Tuesday. Citi lowered the price target on Ferrellgas Partners, L.P. (NYSE: FGP) from $11 to $8. Ferrellgas Partners shares...
Benzinga  Nov 2  Comment 
Ferrellgas Partners, L.P. (NYSE: FGP) is one of the largest distributors of propane and related accessories and serves around one million residential, commercial, industrial and agricultural customers across all 50 states and also operates a crude...
Motley Fool  Oct 11  Comment 
Ferrellgas Partners' Management had a lot of explaining to do...
Forbes  Oct 11  Comment 
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on October 6, Ferrellgas Partners LP's Director, Stephen M. Clifford, invested $43,360.00 into 4,000...




 
TOP CONTRIBUTORS

Ferrellgas Partners, L.P. (FGP), a master limited partnership (MLP), is the second largest retail propane distributor in the U.S. As of July 31, 2006, it had 846 propane distribution locations in all 50 states, the District of Columbia, Puerto Rico and Canada, serving more than one million residential, industrial/commercial, and agricultural customers. The partnership's operations primarily include the distribution and sale of propane and related equipment and supplies with concentrations in the Midwest, Southeast, Southwest and Northwest regions of the country. The partnership sold approximately 810 million gallons of propane in fiscal year 2006 (Fiscal year ends on July 31st) and 682 million gallons during the first nine months of the current fiscal year. In addition to retail propane distribution, Ferrellgas is also engaged in the wholesale marketing of propane, the sale of other refined fuels, and the retail sale of propane appliances and related parts. In April of 2004, Ferrellgas Partners acquired Blue Rhino Corporation for more than $400 million. As a result of the acquisition, Ferrellgas became the largest national provider of propane by portable tank exchange.

The partnership's strategy is relatively simple: achieve operating efficiencies through the utilization of technology in its operations capitalize on its national presence and economies of scale expand its operations through disciplined acquisitions and internal growth and align employee interest with investors through significant employee ownership (employees own approximately 33% of the outstanding units through an Employee Stock Ownership Trust).

Propane is primarily used for heating during the cooler months and grilling during the warmer months. With propane's dominant use being for heating, the partnership's sales and profits, similar to all other propane marketers, are concentrated in the winter months, which for Ferrellgas correspond to its fiscal second and third quarters.




References

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