Ferrellgas Partners L.P. Overview
Pro stress-test →Ferrellgas Partners LP engages in the retail distribution of propane and related equipment sales. The company operates a network of 36 service centers and 664 service units for propane distribution locations and manages portable tank exchange operations under the Blue Rhino brand name through a network of independent and partnership-owned distribution outlets.
Strategic Profile
Pro stress-test →In March 2026, the Company completed the conversion of all 1.3 million Class B Units into 6.5 million Class A Units after making the final distribution of approximately $107.0 million to Class B Unitholders, which simplifies the unit structure for current and prospective investors. Net earnings attributable to Ferrellgas Partners improved to $75.3M profit for the six months ended January 31, 2026, from a $47.8M loss a year earlier, with operating cash flow turning positive at $32.2M for the six-month period.
Competitive Landscape
Pro stress-test →Ferrellgas competes in the retail propane distribution market against regional and national operators. Primary competitors include Amerigas (UGI Corp) and Piedmont Propane, along with smaller regional distributors. The Blue Rhino tank exchange brand differentiates Ferrellgas in the portable propane segment, competing against direct tank retailers and alternative energy providers in residential and commercial heating applications.
Industry Context
Ferrellgas Partners L.P. operates in Propane retail distribution and equipment sales.
Key facts
Founded: 1939 · Headquarters: Liberty, Missouri, US · Employees: N/A · Revenue: N/A · Market cap: N/A