QUOTE AND NEWS
Forbes  Dec 12  Comment 
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to...
Benzinga  Dec 10  Comment 
Ferrellgas Partners (NYSE: FGP) reported a wider loss for the first quarter. The Overland Park, Kansas-based company posted a quarterly loss of $33.2 million, or $0.40 per share, versus a year-ago loss of $25 million, or $0.31 per unit, in the...
Forbes  Oct 6  Comment 
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they...
TheStreet.com  Oct 6  Comment 
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. aTheStreet Ratings quantitative algorithm...
SeekingAlpha  Oct 3  Comment 
By InsiderInsights: Dollar value is only one metric to assess the significance of an insider transaction, but when high dollar value intersects with significance it spotlights a stock investors should take the time to consider. InsiderInsights...
SeekingAlpha  Sep 29  Comment 
By SA Transcripts: Ferrellgas Partners LP (NYSE:FGP) Q4 2014 Earnings Conference Call September 29, 2014 10:00 A.M. ET Executives Ryan VanWinkle - EVP and CFO, and President, Midstream Operations Stephen L. Wambold - CEO and...
SeekingAlpha  Sep 4  Comment 
By Tim Plaehn: While there is something to be said for paying a high and stable distribution for almost 20 straight years, Ferrellgas Partners LP (NYSE:FGP) is not an MLP that would usually get my attention. My focus for our newsletter subscribers...
SeekingAlpha  Jul 1  Comment 
By SA Editor Miriam Metzinger: Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday June 30. Bullish Calls: Ferrellgas Partners (FGP): "I like propane here. That stock is good." Yahoo (YHOO): "It is up...




 
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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.




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