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Ferrellgas Partners ( (FGPR) ) just unveiled an update.
Ferrellgas Partners reported a solid first fiscal quarter in 2025, with a gross profit increase driven by a reduction in the cost of products sold despite a revenue decrease. The company highlighted its strategic growth in customer bases, especially in the west and southeast, and new national account wins. Challenges included the impact of severe weather events and inflation on small businesses, but the company effectively managed these with investments in logistics and technology. The company also recognized a net loss due to a significant accrued liability related to pending litigation. Ferrellgas is maintaining liquidity by amending its revolving credit facility, ensuring operational stability.
More about Ferrellgas Partners
Ferrellgas Partners, L.P. is a propane service provider operating in all 50 states, the District of Columbia, and Puerto Rico. The company also operates the Blue Rhino propane exchange brand, which is available at over 68,000 locations nationwide. Ferrellgas employees indirectly own part of the company through an employee stock ownership plan.
YTD Price Performance: -4.47%
Average Trading Volume: 2,490
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $197.8M
For an in-depth examination of FGPR stock, go to TipRanks’ Stock Analysis page.
