Edition:
United States

Ferrellgas Partners LP (FGP)

FGP on New York Consolidated

16.53USD
27 Sep 2016
Change (% chg)

$-0.24 (-1.43%)
Prev Close
$16.77
Open
$16.92
Day's High
$16.94
Day's Low
$16.51
Volume
309,785
Avg. Vol
318,937
52-wk High
$21.30
52-wk Low
$13.76

Latest Key Developments (Source: Significant Developments)

Ferrellgas announces acquisition of Selph's propane
Wednesday, 15 Jun 2016 09:00am EDT 

Ferrellgas Partners Lp : Transaction is expected to be immediately accretive . Terms of transaction were not disclosed .Ferrellgas announces acquisition of Selph's propane to fuel rapidly growing Colorado market.  Full Article

Ferrellgas Partners Q3 EPS $0.19
Wednesday, 8 Jun 2016 07:00am EDT 

Ferrellgas Partners Lp :Ferrellgas partners LP says expect distributable cash flow coverage to rebound to more than 1.0x by end of 2016, with leverage dropping below 5.0x.Ferrellgas Partners, LP Reports results for third quarter fiscal 2016.Q3 earnings per share $0.19.Q3 earnings per share view $0.48 -- Thomson Reuters I/B/E/S.  Full Article

Ferrellgas Partners, L.P declares second quarter cash distribution
Thursday, 25 Feb 2016 01:18pm EST 

Ferrellgas Partners, L.P:Declaration of its second quarter cash distribution of $0.5125 per partnership common unit.Payable March 16, 2016, to common unitholders of record as of March 9, 2016.  Full Article

Ferrellgas Partners LP reaffirms FY 2016 EBITDA guidance
Wednesday, 9 Dec 2015 06:00am EST 

Ferrellgas Partners LP:Reaffirmed its previously provided estimates for FY 2016 adjusted EBITDA of $400 million to $420 million based on continued confidence in the partnership's traditional retail operations and expected strong contributions from Bridger.  Full Article

Ferrellgas Partners, L.P. Declares First Quarter Cash Distribution
Tuesday, 24 Nov 2015 10:57am EST 

Ferrellgas Partners, L.P:Says declaration of its first quarter cash distribution of $0.5125 per partnership common unit.distribution is payable December 15, 2015, to common unitholders of record as of December 8, 2015.Distribution covers the period from August 1, 2015 to October 31, 2015, the partnership's first quarter of fiscal 2016. Ferrellgas' annualized distribution is currently $2.05 per common unit.  Full Article

Ferrellgas Partners acquires Utah's Propane Advantage
Monday, 6 Jul 2015 09:34am EDT 

Ferrellgas Partners:Acquired the assets of Propane Advantage, LLC.Says acquisition expands Ferrellgas' strategic footprint, giving the company entry to the rapidly growing Salt Lake City market and complementing its existing operations in the Mountain West region.  Full Article

Ferrellgas Partners LP completes closing of Bridger Logistics acquisition
Wednesday, 24 Jun 2015 05:07pm EDT 

Ferrellgas Partners LP:Completes closing of Bridger Logistics for a purchase price of approximately $562.5 million in cash and 11.2 million common units of Ferrellgas Partners, L.P.  Full Article

Ferrellgas Partners LP reaffirms FY 2015 EBITDA guidance
Tuesday, 9 Jun 2015 07:00am EDT 

Ferrellgas Partners LP:Reiterated FY 2015 adjusted EBITDA guidance of $300 to $320 million.  Full Article

Ferrellgas Partners, L.P announces pricing of public offering of common units
Tuesday, 2 Jun 2015 06:22pm EDT 

Ferrellgas Partners, L.P:Says public offering of 6.3 mln common units priced at $23.00/unit.Intends to use the net proceeds from the offering, including its general partner's proportionate capital contribution.J.P. Morgan, UBS Investment Bank, Barclays, BofA Merrill Lynch, RBC Capital Markets and Jefferies are acting as joint book-running managers for the offering.SunTrust Robinson Humphrey, Capital One Securities, Fifth Third Securities, MUFG and Simmons & Company International are acting as co-managers for the offering.  Full Article

Ferrellgas Partners LP announces public offering of common units
Monday, 1 Jun 2015 04:47pm EDT 

Ferrellgas Partners LP:Commenced an underwritten public offering of 6,325,000 common units representing limited partner interests in FGP.Intends to use net proceeds from the offering, including proceeds from any exercise of option to purchase additional common units, to fund a portion of cash portion of consideration for pending acquisition of all of outstanding membership interests in Bridger Logistics, LLC and its subsidiaries.P. Morgan, UBS Investment Bank, Barclays, BofA Merrill Lynch, RBC Capital Markets and Jefferies are acting as joint book-running managers for the offering.BMO Capital Markets, SunTrust Robinson Humphrey, Capital One Securities, Fifth Third Securities, MUFG and Simmons & Company International are acting as co-managers for the offering.  Full Article

RPT--Ferrellgas sheds rail terminal contract as oil prices fall

NEW YORK, Sept 1 Ferrellgas Partners LP has quietly shed a five-year contract at a Philadelphia-area crude rail terminal just a year after it obtained it through a deal that gave the propane company its first foothold in the oil logistics business.