Ferrellgas Partners, L.P.
17.88-0.12 (-0.67%)
Oct 29, 4:00:00 PM EDT · OTC Markets OTCPK · FGPR · USD
Key Stats
Market Cap
314.35MP/E (TTM)
-Basic EPS (TTM)
-16.36Dividend Yield
0%Recent Filings
8-K
Ferrellgas refinances debt with notes
Ferrellgas, L.P. issued $650 million in 9.250% senior notes due 2031 on October 27, 2025, using net proceeds of about $637.5 million plus cash to redeem its $650 million 5.375% senior notes due 2026. The notes, guaranteed by subsidiaries, mature January 15, 2031, with semi-annual interest starting July 15, 2026, and include redemption options and covenants restricting debt and distributions. Concurrently, the company amended its credit agreement, extending maturity to October 2028 and raising the borrowing limit to $350 million under a borrowing base, plus a $50 million accordion, to bolster liquidity amid high leverage. This refinancing extends maturities but elevates interest costs.
8-K
Ferrellgas prices $650M notes
Ferrellgas priced $650 million of 9.250% senior notes due 2031 at par on October 17, 2025, with closing expected around October 27. The notes, guaranteed by subsidiaries, will fund redemption of the company's 5.375% notes due 2026, alongside cash on hand and a credit facility amendment. This refinancing extends debt maturity while raising interest costs. Risks include market disruptions and completion uncertainties.
8-K
Earnings webcast scheduled
Ferrellgas Partners, L.P. announced an upcoming earnings webcast for its fiscal fourth quarter and full year ended July 31, 2025, set for October 15, 2025, at 8:00 a.m. Central Time. The event allows investors to hear operational results directly, with questions submitted via email. No financial figures were disclosed in the filing. This teleconference sharpens focus on recent performance amid energy market shifts.
8-K
Q3 revenues up 9%, earnings grow 12%
Ferrellgas Partners reported Q3 fiscal 2025 results on June 6, 2025, with revenues up 9% to $560.8 million and net earnings rising 12% to $59.1 million, fueled by 6% higher propane sales volumes amid cooler weather. Adjusted EBITDA climbed 10% to $114.8 million, bolstered by new national accounts adding 2.4 million gallons over multi-year deals, yet offset by higher costs from propane prices and legal fees. Teams shone in storms. Refinancing of $958.8 million in debt is underway to avert maturities.
10-Q
Q3 FY2025 results
Ferrellgas Partners posted solid Q3 FY2025 results, with revenues climbing 9% year-over-year to $560.8M on 6% higher propane volumes of 222.8M gallons, fueled by cooler weather and wholesale gains. Operating income rose 14% to $87.3M, while gross margins expanded 6% amid steady pricing; Adjusted EBITDA (not disclosed in the 10-Q) jumped 10% to $114.8M (derived). Cash from operations held at $116.6M YTD, supporting $109.3M in liquidity despite $1.5B debt and $154.9M letters of credit; free cash flow stood at $48.4M YTD (derived from operating cash minus capex). Yet debt maturities loom in 2026, casting shadows on near-term stability.
CAPL
CrossAmerica Partners LP
20.60-0.31
DKL
Delek Logistics Partners, L.P.
44.06-1.43
EPD
Enterprise Products Partners L.
31.12-0.10
GLP
Global Partners LP
45.72-0.44
MMLP
Martin Midstream Partners L.P.
2.60-0.15
NGL
NGL ENERGY PARTNERS LP
6.45+0.05
SGU
Star Group L.P.
11.47-0.21
SPH
Suburban Propane Partners, L.P.
18.29-0.58
SUN
Sunoco LP
53.39-0.07
UGI
UGI Corporation
33.21-0.38