QUOTE AND NEWS
Forbes  May 26  Comment 
Weyerhaeuser Company (WY) declared a dividend of $0.29 per share on the Common Stock of the company, payable in cash on June 19, 2015, to holders of record of such common shares at the close of business on June 5, 2015.
Benzinga  Mar 20  Comment 
Ferrellgas Partners L.P. (NYSE: FGP) rose more than 4 percent in late trading Friday to $23.30 a share. The Overland Park, Kansas propane retail distributor didn't issue any news. Navios Maritime Partners L.P. (NYSE: NMM) increased 4 percent...
TheStreet.com  Mar 11  Comment 
NEW YORK (TheStreet) -- Ferrellgas Partners shares closed trading down 0.65% to $22.78 in intraday trading on Wednesday following the release of the company's second quarter earnings results earlier today.The propane and midstream operations...
Benzinga  Mar 11  Comment 
Ferrellgas Partners LP (NYSE: FGP) reported weaker-than-expected earnings for the second quarter on Wednesday. The Overland Park, Kansas-based company posted a quarterly profit of $86.4 million, or $1.02 per unit, versus a year-ago profit of...
Forbes  Mar 4  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 3/6/15, Ferrellgas Partners, L.P. (NYSE: FGP), SCANA Corp (NYSE: SCG), and UIL Holding Corp (NYSE: UIL) will all trade ex-dividend for their respective upcoming dividends....
Market Intelligence Center  Feb 2  Comment 
After closing Friday at $22.76, Ferrellgas Partners LP (FGP) presents an attractive opportunity to get a 5.09% return in just 102 days, which is an annualized return of 18.22% (for comparison purposes only). To enter this trade, sell one May. '15...
Market Intelligence Center  Jan 28  Comment 
MarketIntelligenceCenter.com's option-trade picking algorithms have identified an attractive covered-call trade on Ferrellgas Partners LP (FGP). Look at the Aug. '15 $22.50 covered call for a net debit in the $21.58 area. This trade has a...
Forbes  Jan 23  Comment 
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money.  So let's look at two noteworthy recent insider buys.




 
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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