Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies primarily in the United States. It operates in two segments, Propane Operations and Related Equipment Sales, and Midstream Operations. 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 combustion engine 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, 2017, it operated 61 service centers and 789 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 operates salt water disposal wells in the Eagle Ford shale region of south Texas; and provides crude oil transportation and logistics services under the Bridger Logistics brand name. Ferrellgas Partners, L.P. was founded in 1939 and is headquartered in Overland Park, Kansas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Miscellaneous retail
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:FGP
CUSIPN/A
Phone913-661-1500
Debt
Debt-to-Equity Ratio-2.46
Current Ratio1.08
Quick Ratio0.81
Price-To-Earnings
Trailing P/E Ratio-6.16
Forward P/E Ratio-14.74
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.93 billion
Price / Sales0.17
Cash Flow$0.5136 per share
Price / Cash6.60
Book Value($7.80) per share
Price / Book-0.43
Profitability
EPS (Most Recent Fiscal Year)($0.55)
Net Income$-54,200,000.00
Net Margins-4.38%
Return on EquityN/A
Return on Assets-2.41%
Miscellaneous
Employees3,891
Outstanding Shares97,150,000
Market Cap$324.49 million
Ferrellgas Partners (NYSE:FGP) Frequently Asked Questions
What is Ferrellgas Partners' stock symbol?
Ferrellgas Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "FGP."
How often does Ferrellgas Partners pay dividends? What is the dividend yield for Ferrellgas Partners?
Ferrellgas Partners announced a quarterly dividend on Friday, May 25th. Investors of record on Thursday, June 7th will be paid a dividend of $0.10 per share on Thursday, June 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 11.80%. The ex-dividend date is Wednesday, June 6th. View Ferrellgas Partners' Dividend History.
How were Ferrellgas Partners' earnings last quarter?
Ferrellgas Partners, L.P. (NYSE:FGP) released its quarterly earnings data on Thursday, June, 7th. The oil and gas company reported $0.18 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.24 by $0.06. The oil and gas company had revenue of $515.81 million for the quarter, compared to analyst estimates of $621.28 million. View Ferrellgas Partners' Earnings History.
When is Ferrellgas Partners' next earnings date?
What price target have analysts set for FGP?
4 analysts have issued 12 month price objectives for Ferrellgas Partners' stock. Their predictions range from $2.00 to $5.00. On average, they expect Ferrellgas Partners' stock price to reach $3.50 in the next year. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Ferrellgas Partners.
What is the consensus analysts' recommendation for Ferrellgas Partners?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferrellgas Partners in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ferrellgas Partners.
Who are some of Ferrellgas Partners' key competitors?
Who are Ferrellgas Partners' key executives?
Ferrellgas Partners' management team includes the folowing people:
- Mr. James E. Ferrell, Exec. Chairman, Interim Pres & CEO (Age 78)
- Mr. Tod D. Brown, Advisor of Ferrellgas Inc (Age 55)
- Mr. Doran N. Schwartz, Sr. VP, Treasurer & CFO (Age 48)
- Mr. Trenton D. Hampton, Sr. VP & COO - Ferrellgas Inc (Age 58)
- Mr. Jack Herrold, Sr. VP of Fin. & Investor Relations - Ferrellgas Inc
Has Ferrellgas Partners been receiving favorable news coverage?
Media coverage about FGP stock has trended somewhat positive this week, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ferrellgas Partners earned a coverage optimism score of 0.16 on Accern's scale. They also assigned news stories about the oil and gas company an impact score of 47.29 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Ferrellgas Partners.
Who are Ferrellgas Partners' major shareholders?
Ferrellgas Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Arrow Investment Advisors LLC (0.16%), GSA Capital Partners LLP (0.11%), Bank of America Corp DE (0.09%), First Republic Investment Management Inc. (0.04%) and Sei Investments Co. (0.03%). Company insiders that own Ferrellgas Partners stock include David L Starling, Doran N Schwartz, Pamela A Breuckmann, Stephen M Clifford and Trenton D Hampton. View Institutional Ownership Trends for Ferrellgas Partners.
Which institutional investors are selling Ferrellgas Partners stock?
Which institutional investors are buying Ferrellgas Partners stock?
FGP stock was acquired by a variety of institutional investors in the last quarter, including Arrow Investment Advisors LLC, First Republic Investment Management Inc. and Sei Investments Co.. Company insiders that have bought Ferrellgas Partners stock in the last two years include David L Starling, Doran N Schwartz, Pamela A Breuckmann, Stephen M Clifford and Trenton D Hampton. View Insider Buying and Selling for Ferrellgas Partners.
How do I buy shares of Ferrellgas Partners?
Shares of FGP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ferrellgas Partners' stock price today?
One share of FGP stock can currently be purchased for approximately $3.39.
How big of a company is Ferrellgas Partners?
Ferrellgas Partners has a market capitalization of $324.49 million and generates $1.93 billion in revenue each year. The oil and gas company earns $-54,200,000.00 in net income (profit) each year or ($0.55) on an earnings per share basis. Ferrellgas Partners employs 3,891 workers across the globe.
How can I contact Ferrellgas Partners?
Ferrellgas Partners' mailing address is 7500 COLLEGE BOULEVARD STE 1000, OVERLAND PARK KS, 64068. The oil and gas company can be reached via phone at 913-661-1500 or via email at [email protected]
MarketBeat Community Rating for Ferrellgas Partners (NYSE FGP)
MarketBeat's community ratings are surveys of what our community members think about Ferrellgas Partners and other stocks. Vote "Outperform" if you believe FGP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FGP will underperform the S&P 500 over the long term. You may vote once every thirty days.
