Key Developments: Ferrellgas Partners LP (FGP)

FGP on New York Consolidated

28.23USD
22 Aug 2014
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Latest Key Developments (Source: Significant Developments)

Ferrellgas Partners, L.P. declares fourth quarter cash distribution
Thursday, 21 Aug 2014 11:40am EDT 

Ferrellgas Partners, L.P:Announces the declaration of its fourth quarter cash distribution of $0.50 per partnership common unit.Payable Sept. 12, to common unitholders of record as of Sept. 5.  Full Article

Ferrellgas Partners LP acquires Wise Choice Propane
Tuesday, 1 Jul 2014 09:53am EDT 

Ferrellgas Partners LP:Announces the acquisition of Wise Choice Propane, an independently owned propane retailer with locations in Mount Vernon and Utica, Ohio.  Full Article

Ferrellgas Partners LP acquires Kaw Valley Propane
Tuesday, 17 Jun 2014 10:13am EDT 

Ferrellgas Partners LP:Acquires Kaw Valley Propane, which is propane arm of Kaw Valley Electric Cooperative based in Topeka, Kan.Specific terms of the transaction, which company indicates will be immediately accretive, were not disclosed.  Full Article

Ferrellgas, L.P. and Ferrellgas Finance Corp. price private placement of $150 mln 6.75 pct senior notes due 2022
Tuesday, 10 Jun 2014 03:47pm EDT 

Ferrellgas Partners LP:Ferrellgas, L.P., the operating partnership of Ferrellgas Partners, L.P., and Ferrellgas Finance Corp., a wholly-owned subsidiary of Ferrellgas, L.P., prices private placement to eligible purchasers.Prices $150 mln in aggregate principal amount of 6.75 pct Senior Notes due 2022 at 104.00 pct, plus accrued interest from Nov. 04, 2013.Offering constitutes a further issuance of Ferrellgas, L.P.'s and Ferrellgas Finance Corp.'s 6.75 pct Senior Notes due 2022 first issued on Nov. 04, 2013, in aggregate principal amount of $325 mln.Notes in offering form single class and series with the previously issued notes for all purposes under the indenture that governs the 6.75 pct Senior Notes due 2022.Ferrellgas, L.P. and Ferrellgas Finance Corp. intend to use net proceeds from the offering for general corporate purposes, including to repay indebtedness under their secured credit facility, and to pay related transaction fees and expenses.Offering is expected to close on June 13, 2014.  Full Article

Ferrellgas Partners LP raises FY 2014 EBITDA guidance
Monday, 9 Jun 2014 07:30am EDT 

Ferrellgas Partners LP:Sees FY 2014 Adjusted EBITDA guidance to record $285 mln to $290 mln.Says it is up from previously provided guidance of $275 mln to $285 mln.Sees FY 2014 EBITDA estimates of $278 mln - Thomson Reuters I/B/E/S.  Full Article

Ferrellgas Partners LP declares third quarter cash distribution
Thursday, 22 May 2014 11:08am EDT 

Ferrellgas Partners LP:Declaration of its third quarter cash distribution of $0.50 per partnership common unit.Payable June 13, 2014, to common unitholders of record as of June 6, 2014.Distribution covers period from Feb. 01, 2014 to April 30, 2014, partnership's third quarter of fiscal 2014.  Full Article

Ferrellgas acquires Viking Propane
Monday, 5 May 2014 10:01am EDT 

Ferrellgas Partners LP:Acquires Viking Propane, an independent propane company based in Madison, Calif.Terms of the transaction were not disclosed.  Full Article

Ferrellgas closes acquisition of Sable Environmental and sale of common units
Thursday, 1 May 2014 03:27pm EDT 

Ferrellgas Partners LP:Closes acquisition of Sable Environmental, LLC and a related entity for $124.7 mln.  Full Article

Ferrellgas Partners LP to establish midstream division with agreement to acquire Sable Environmental
Thursday, 1 May 2014 08:12am EDT 

Ferrellgas Partners LP:Enters into definitive agreements to acquire Sable Environmental, LLC and related entity (Sable) for $124.7 mln.Sable is a privately held, fast-growing fluid logistics provider in the Eagle Ford Shale region of south Texas.Subsequent to the closing of the acquisition, Sable's ownership group will continue to operate and drive growth in these operations with Sable employees joining the Ferrellgas team.Sable's ownership group will purchase $50 mln of the partnership's common units signifying their confidence in the value of their operations and in the partnership's strategic direction.  Full Article

Ferrellgas Partners acquires Country Boys Gas
Thursday, 27 Mar 2014 07:00am EDT 

Ferrellgas Partners LP:Acquisition of Country Boys Gas, an independent propane company based in Commerce, Ga.  Full Article

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