Earnings summaries and quarterly performance for FERRELLGAS PARTNERS L P.
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Recent press releases and 8-K filings for FGPR.
Ferrellgas Partners LP Reports Q1 2026 Results and Debt Refinancing
FGPR
Earnings
Debt Issuance
M&A
- Ferrellgas Partners LP reported a Q1 2026 Adjusted EBITDA of $29.3 million, an 18% decrease compared to the prior year, primarily driven by increases in operating and general and administrative expenses.
- The company recorded a net loss attributable to Ferrellgas Partners LP of $26.9 million for Q1 2026, a significant improvement from the $146.7 million net loss in Q1 2025, which included a $125 million litigation settlement.
- In October 2025, Ferrellgas refinanced $650 million of senior notes due in 2026 with new notes maturing in 2031, and expanded its revolving credit facility, enhancing financial flexibility for growth.
- Strategic priorities for FY 2026 include building a profitable customer base through organic growth and acquisitions, increasing operational efficiencies, and improving margin performance, with successes such as securing seven new national contracts and a 37% increase in temp heat tank sets.
- The company is scheduled to make its final $37.5 million payment on the Eddystone settlement on January 15th.
Dec 12, 2025, 2:00 PM
Ferrellgas Partners LP Reports Q1 2026 Results, Highlights Debt Refinancing
FGPR
Earnings
Debt Issuance
Legal Proceedings
- Ferrellgas Partners LP reported a net loss of $26.9 million for Q1 2026, an improvement from the $146.7 million net loss in Q1 2025, which included a litigation settlement. However, Adjusted EBITDA decreased by $6.5 million, or 18%, to $29.3 million in Q1 2026, primarily due to increased operating and general and administrative expenses.
- In October 2025, the company strengthened its financial foundation by retiring $650 million of senior notes due in 2026 and replacing them with new notes maturing in 2031, and also expanded its revolving credit facility.
- The retail business secured seven new national contracts and renewed five existing ones, representing approximately 3.5 million gallons, and the temp heat market saw a 37% increase in tank sets over the prior year.
- A final payment of $37.5 million related to the Eddystone settlement is scheduled for January 15th.
Dec 12, 2025, 2:00 PM
Ferrellgas Partners LP Reports Q1 2026 Results and Debt Refinancing
FGPR
Earnings
Debt Issuance
Legal Proceedings
- Ferrellgas Partners LP reported a decrease in Adjusted EBITDA by $6.5 million, or 18%, to $29.3 million for Q1 2026, compared to $35.8 million in the prior year quarter, primarily due to increases in operating and general and administrative expenses. The company recognized a net loss of $26.9 million in Q1 2026, a significant improvement from the $146.7 million net loss in Q1 2025, which included a $125 million litigation settlement.
- In October 2025, Ferrellgas strengthened its financial foundation by retiring $650 million of senior notes due in 2026 and replacing them with $650 million of new notes maturing in 2031, extending its debt timeline and improving flexibility. The company also expanded its revolving credit facility.
- Operational highlights include securing seven new national contracts and renewing five existing ones, representing approximately 3.5 million gallons. The Autogas division is experiencing rising demand, and the temp heat market strategy led to a 37% increase in tank sets over the prior year.
- The company will make its final payment of $37.5 million on the Eddystone litigation settlement on January 15th.
Dec 12, 2025, 2:00 PM
Ferrellgas Partners, L.P. Reports Q1 2026 Results
FGPR
Earnings
Debt Issuance
Demand Weakening
- Ferrellgas Partners, L.P. reported a net loss attributable to Ferrellgas Partners, L.P. of $26.9 million for the first fiscal quarter ended October 31, 2025, a significant improvement from the $146.7 million net loss in the prior year quarter, which included a $125.0 million Eddystone litigation settlement.
- The company successfully completed several financing transactions in October 2025, including redeeming $650.0 million of Senior Notes due 2026, issuing $650.0 million of new Senior Notes due 2031, and extending its revolving credit facility, which strengthened its balance sheet. This is reflected in the current portion of long-term debt decreasing from $652,178 thousand at July 31, 2025, to $1,828 thousand at October 31, 2025.
- Adjusted EBITDA decreased by 18% to $29.3 million for the first fiscal quarter of 2026, compared to $35.8 million in the prior year quarter, primarily due to increases of $5.6 million in operating expense and $2.1 million in general and administrative expense.
- Total revenues for the quarter decreased by 2%, or $8.9 million, to $355.2 million. Retail sales increased by $0.7 million, driven by residential and agricultural customers, partially offset by decreases in transport and industrial commercial sales, while wholesale sales decreased by $4.3 million.
Dec 12, 2025, 11:30 AM
Ferrellgas Announces Pricing of Senior Notes Offering
FGPR
Debt Issuance
- Ferrellgas, L.P. and Ferrellgas Finance Corp. priced an offering of $650.0 million aggregate principal amount of 9.250% senior notes due 2031 at an offering price equal to 100% of the principal.
- The offering is expected to close on or about October 27, 2025.
- The net proceeds from this offering, combined with cash on hand, will be used to redeem all of the Issuers’ 5.375% Senior Notes due 2026.
- The redemption of the 2026 Notes is conditional upon the completion of the new notes offering and an amendment to the company's existing revolving credit facility.
Oct 17, 2025, 8:05 PM
Ferrellgas Partners LP Reports Record FY 2025 Gross Profit Amidst Q4 Adjusted EBITDA Decline
FGPR
Earnings
Legal Proceedings
M&A
- Ferrellgas Partners LP achieved a record gross profit of over $1 billion for Fiscal Year 2025, marking a 4% increase from the prior year.
- Adjusted EBITDA for Fiscal Year 2025 increased by $13.3 million, or 4%, to $330.7 million.
- Despite the full-year growth, the company reported a net loss of $15.6 million for Fiscal Year 2025, compared to net earnings of $110.2 million in Fiscal Year 2024, largely influenced by a $125 million Eddystone litigation settlement.
- For the fourth fiscal quarter of 2025, Adjusted EBITDA decreased by $10.5 million, or 31%, to $23.1 million, primarily due to increases in general administrative and operating expenses.
- The company continues its consolidation strategy, having completed 10 acquisitions in the last four years, and is investing in technology and infrastructure.
Oct 15, 2025, 1:00 PM
Ferrellgas Partners, LP Reports Record Gross Profit for Fiscal 2025
FGPR
Earnings
M&A
New Projects/Investments
- Ferrellgas Partners, LP achieved a record gross profit exceeding $1 billion for Fiscal Year 2025, marking a 4% increase from the prior year, primarily due to a 6% rise in revenues.
- For Fiscal Year 2025, Adjusted EBITDA grew by 4% to $330.7 million, driven by improved route planning, disciplined cost control, and an increase in company volumes of over 20 million gallons.
- In the fourth fiscal quarter of 2025, Adjusted EBITDA decreased 31% to $23.1 million, mainly attributed to increases in general administrative and operating expenses.
- The company continues to pursue strategic growth through M&A, having completed 10 acquisitions in the past four years, and is leveraging telematics technology to enhance operational efficiency.
Oct 15, 2025, 1:00 PM
Ferrellgas Partners, L.P. reports Fiscal Year 2025 financial results and strategic updates
FGPR
Earnings
Legal Proceedings
M&A
- Ferrellgas Partners, L.P. reported Fiscal Year 2025 revenues of $1,938,337 thousand, a 5.5% increase over the prior year, and a record gross profit of $1,022,816 thousand, up 4.0%.
- Adjusted EBITDA for Fiscal Year 2025 was $330,694 thousand, an increase of 4.2% compared to the prior year.
- Operating Income for Fiscal Year 2025 was $90,119 thousand, which was affected by a $125 million one-time legal settlement included in SG&A expense.
- The company is the second largest retail marketer of propane based on FY 2025 retail sales volume and has completed 10 acquisitions between 2021 and 2025, indicating a focus on strategic growth and consolidation.
Oct 15, 2025, 12:19 PM
Ferrellgas Announces Proposed Senior Notes Offering and Redemption of Existing Notes
FGPR
Debt Issuance
- Ferrellgas, L.P. and Ferrellgas Finance Corp. announced a proposed private offering of $650.0 million aggregate principal amount of senior notes due 2031, subject to market conditions.
- The net proceeds from this offering, combined with cash on hand, are intended to redeem all of the Issuers' 5.375% Senior Notes due 2026.
- A conditional notice of redemption for the 2026 Notes was issued on October 15, 2025, with a redemption date of October 27, 2025, at 100.00% of the principal amount outstanding plus accrued and unpaid interest.
- The redemption is contingent upon the completion of the new notes offering and an amendment to the Company's existing revolving credit facility.
Oct 15, 2025, 12:18 PM
Ferrellgas Partners, L.P. Reports Fiscal Year and Fourth Quarter Fiscal Year 2025 Results
FGPR
Earnings
Revenue Acceleration/Inflection
- Ferrellgas Partners, L.P. reported a decrease in Adjusted EBITDA by $10.5 million, or 31%, to $23.1 million for the fourth fiscal quarter ended July 31, 2025.
- For fiscal year 2025, Adjusted EBITDA increased by $13.3 million, or 4%, reaching $330.7 million.
- The company recorded a net loss attributable to Ferrellgas Partners, L.P. of $15.6 million for fiscal year 2025, compared to net earnings of $110.2 million in fiscal 2024.
- Fiscal year 2025 saw gross profit increase by $39.7 million, or 4%, to over $1.0 billion, marking the highest in the Company's history.
- Total revenues for fiscal year 2025 increased $101.2 million, or 6%, to $1,938,337 thousand, with gallons sold also increasing 3%.
Oct 15, 2025, 10:30 AM
Quarterly earnings call transcripts for FERRELLGAS PARTNERS L P.
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