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Last $24.24 USD
Change Today -0.29 / -1.18%
Volume 302.7K
FGP On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

ferrellgas partners-lp (FGP) Snapshot

Open
$24.41
Previous Close
$24.53
Day High
$24.60
Day Low
$24.21
52 Week High
09/2/14 - $28.70
52 Week Low
12/31/14 - $21.86
Market Cap
2.0B
Average Volume 10 Days
203.4K
EPS TTM
$0.54
Shares Outstanding
82.7M
EX-Date
03/6/15
P/E TM
45.3x
Dividend
$2.00
Dividend Yield
8.25%
Current Stock Chart for FERRELLGAS PARTNERS-LP (FGP)

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ferrellgas partners-lp (FGP) Details

Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies primarily in the United States. The company transports propane to propane distribution locations, tanks on customers’ premises, or to portable propane tanks delivered to retailers. It conducts its portable tank exchange operations under the Blue Rhino brand name through a network of independent and partnership-owned distribution outlets. The company’s propane is primarily used for space heating, water heating, cooking, outdoor cooking using gas grills, crop drying, irrigation, weed control, and other propane fueled appliances; as an engine fuel for power vehicles and forklifts; and as a heating or energy source in manufacturing and drying processes. It serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale, and other customers in 50 States, the District of Columbia, and Puerto Rico. As of July 31, 2014, it had 864 propane distribution locations. The company is also involved in the sale of refined fuels; provision of common carrier services; retail sale of propane appliances and related parts and fittings, as well as other retail propane related services and consumer products; sale of gas grills, grilling tools and accessories, patio heaters, fireplace and garden accessories, mosquito traps, and other outdoor products; and treatment and disposal of salt water generated from crude oil production, as well as in the sale of crude oil. In addition, it owns and operates eight salt water disposal wells in and around the Eagle Ford shale in south Texas. Ferrellgas Partners, L.P. was founded in 1939 and is based in Overland Park, Kansas.

Founded in 1939

ferrellgas partners-lp (FGP) Top Compensated Officers

Chief Executive Officer of Ferrellgas Inc, Pr...
Total Annual Compensation: $1.0M
Chairman of Ferrellgas Inc
Total Annual Compensation: $78.8K
Chief Operating Officer of Ferrellgas Inc and...
Total Annual Compensation: $500.0K
Executive Vice President of Ferrellgas Inc an...
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2014.

ferrellgas partners-lp (FGP) Key Developments

Ferrellgas Partners LP Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended January 31, 2015; Reaffirms Earnings Guidance for Fiscal 2015

Ferrellgas Partners LP reported unaudited consolidated earnings results for the second quarter and six months ended January 31, 2015. For the quarter, the company's total revenues were $665,973,000 compared with $869,683,000 a year ago. Operating income was $111,965,000 compared with $104,821,000 a year ago. Earnings before income taxes were $87,412,000 compared with $61,887,000 a year ago. Net earnings were $86,371,000 compared with $61,123,000 a year ago. Net earnings attributable to the company were $85,458,000 compared with $60,464,000 a year ago. Common unit holders' interest in net earnings was $73,503,000 or $0.89 per basic and diluted share compared with $56,801,000 or $0.72 per basic and diluted share a year ago. Adjusted net earnings per unit available to common unit holders were $1.02 compared with $0.76 a year ago. EBITDA was $134,817,000 compared with $103,961,000 a year ago. Adjusted EBITDA was $136,928,000 compared with $136,356,000 a year ago. Maintenance capital expenditures were $4,624,000 compared with $4,446,000 a year ago. For the six months, the company's total revenues were $1,109,328,000 compared with $1,284,713,000 a year ago. Operating income was $102,647,000 compared with $101,892,000 a year ago. Earnings before income taxes were $53,733,000 compared with $36,780,000 a year ago. Net earnings were $53,202,000 compared with $36,066,000 a year ago. Net earnings attributable to the company were $52,583,000 compared with $35,621,000 a year ago. Common unit holders' interest in net earnings was $52,057,000 or $0.63 per basic and diluted share compared with $35,265,000 or $0.45 per basic and diluted share a year ago. Adjusted net earnings per unit available to common unit holders were $0.63 compared with $0.45 a year ago. EBITDA was $148,653,000 compared with $121,376,000 a year ago. Adjusted EBITDA was $171,289,000 compared with $162,798,000 a year ago, improved 5%. Maintenance capital expenditures were $9,712,000 compared with $8,583,000 a year ago. For the fiscal 2015, the company reiterated its full-year adjusted EBITDA guidance of $300 million to $320 million.

Ferrellgas Partners Seek Acquisitions

Ferrellgas Partners LP (NYSE:FGP) will remain committed to achieving its diversification strategy through accretive, complementary acquisitions, and is aggressively but deliberately pursuing some excellent opportunities that fits its model.

Ferrellgas Partners, L.P. Declares Second Quarter Cash Distribution, Payable on March 17, 2015

Ferrellgas Partners, L.P. announced the declaration of its second quarter cash distribution of $0.50 per partnership common unit. The distribution is payable on March 17, 2015, to common unit holders of record as of March 10, 2015. The distribution covers the period from November 1, 2014 to January 31, 2015, the partnership's second quarter of fiscal 2015. Ferrellgas' annualized distribution is currently $2.00 per common unit.

 

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Industry Analysis

FGP

Industry Average

Valuation FGP Industry Range
Price/Earnings 40.2x
Price/Sales 0.9x
Price/Book NM Not Meaningful
Price/Cash Flow 14.5x
TEV/Sales 0.2x
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