Ferrellgas Partners, L.P. (OTCMKTS:FGPR) is a master limited partnership that operates as the retail propane distribution arm of Ferrellgas, Inc., one of the largest retail propane providers in the United States. Headquartered in Liberty, Missouri, the partnership was formed in 1997 to acquire and manage propane assets and inventory in support of Ferrellgas’s nationwide network.
The company’s primary business activities include the procurement, transportation and distribution of propane to residential, commercial, industrial and agricultural customers. Through a network of bulk storage terminals, cylinders and delivery vehicles, Ferrellgas Partners supplies heating fuel, autogas for fleet vehicles and propane for industrial applications. In addition to fuel delivery, the partnership offers cylinder exchange, tank installation and maintenance services, as well as related equipment and safety inspections.
Ferrellgas Partners serves customers across all 50 states, leveraging an integrated logistics platform that combines pipeline, rail and truck transportation to maintain reliable supply and efficient delivery. Its extensive geographic footprint and scale enable strong supplier relationships and cost-effective operations, supporting both urban and rural markets. While the partnership’s operations are focused on the domestic U.S. market, its parent company has at times pursued complementary opportunities in international propane distribution.
The partnership is managed by its general partner, Ferrellgas, Inc., which is led by Chairman and Chief Executive Officer Anthony W. Ferrell alongside a leadership team with deep expertise in energy distribution. The structure of the partnership has historically provided a tax-efficient investment vehicle for stakeholders seeking exposure to the propane sector, while advancing Ferrellgas’s broader growth and acquisition strategy.
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