FGPR · Ferrellgas Partners L P
Market Cap
$249.87M
Shares
11.36M
Volume · Oct 8
1325
Avg daily vol (3M)
3105
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$21.87
Open$22.18
Day$21.85–22.18
52W close$14.53–27.20
Avg vol 30d4K
Short int92 · 0.0% float · 1.0d
Short vol21%
Last earningsSep 25, 2026
DataApr 2021–Oct 2026
Filing10-K · Sep 25
Up next
Next earnings call
Dec 22, 2026
Est · unconfirmed
· in 10 wks
filed Sep 25, 2026
call held Sep 25, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
—
Trailing 12 months
Net income (TTM)
—
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
—
Year over year · more shares
Price change (1Y)
+49.7%
Trailing year
Short interest
0.0%
Latest settlement · 1.0 days to cover
AI Brief
Q4 FY26 earnings call · Sep 25, 2026
Q4 FY26
TL;DR. Ferrellgas reported Q4 adjusted EBITDA up 3% to $23.8 million while full-year adjusted EBITDA fell 3% to $321.3 million due to legacy general liability claim settlements; the company refinanced $650M of senior notes, converted Class B units to Class A units, and earned credit rating upgrades, though warmer weather pressured gallons and quarterly net loss widened 18% to $31.5M.
Bullish
- + Refinanced $650M of 2026 senior notes with new 2031 notes and extended revolver, earning credit rating upgrades from S&P and Moody's
- + Simplified capital structure by converting 1.3M Class B units into 6.5M Class A units, eliminating Class B distribution obligation
- + Full-year net earnings swung to $71.7M from a $15.6M loss in fiscal 2025, a $87.3M improvement
- + Retail customer conversion rate improved to 92.4% with 87% retention and 16.6% narrower net customer attrition
Bearish
- − Full-year adjusted EBITDA fell 3% to $321.3M driven by legacy general liability claim settlements
- − Q4 net loss widened 18% to $31.5M as interest expense rose $6.8M on refinancing
- − Full-year interest expense increased $16.8M to $124.9M reflecting refinancing at elevated rates
- − Total propane gallons fell 3% (24.6M gallons) as the year ran 11% warmer than prior year and the West 41% warmer
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Buy
Momentum
Neutral
Sentiment
Neutral
Fundamentals
Fair
Quant / Vol
Low
Market backdrop
VIX 15.4 · calm
Equity put/call 0.62
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−4%
below
Price vs 50-day avg
−2%
below
RSI (14)
44
neutral
MACD trend
Positive
52-week position
58%
mid-range
Momentum
relative strength
1-month return
+3%
trailing
6-month return
−17%
trailing
YTD return
+19%
this year
Relative strength
−26%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $22 › 200d $23 — 200d above 50d
Institutional flow
Flat
0% holders QoQ
Insider flow
Flat
No net insider activity over 90 days
Short interest
Flat
0.00% of float · ▬ 0.0% MoM · 1.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
1 holders — near 3-yr low, contrarian setup
Squeeze score
28
low risk · 0–100
Fundamentals
Revenue growth
+7%
Y/Y
Free cash flow
$75.3M
Balance sheet
$1.4B
net debt
Quant / Vol
risk profile
Volatility
45%
annualized · 1-yr
Max drawdown
−23%
past year
ATR
1.0%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−4%
Neutral
Price vs 50-day avg
−2%
Neutral
RSI (14)
44
Neutral
MACD trend
Positive
Bullish
52-week position
58%
Neutral
Market signals — smart money & positioning
No clear signal
Trend (MA cross)
No cross
50d $22 › 200d $23 — 200d above 50d
Institutional flow
Flat
0% holders QoQ
Insider flow
Flat
No net insider activity over 90 days
Short interest
Flat
0.00% of float · ▬ 0.0% MoM · 1.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr low
1 holders — near 3-yr low, contrarian setup
Price context
position in its 52-week range
Range low $15
Now $22 · 58%
Range high $27
vs 200-day avg -4%
vs 50-day avg -2%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $321.3M | fiscal 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net (loss) earnings attributable to Ferrellgas Partners, L.P. 71.73M
+910K Income tax expense
+124.91M Interest expense
+107.08M Depreciation and amortization expense
+3.88M Non-cash employee stock ownership plan compensation expense
+3M Loss on extinguishment of debt
+4.77M Loss (gain) on asset sales and disposal
-2.33M Other income, net
+815K Severance
-6.02M Non-recurring employee benefit policy adjustment
+0K Legal fees and settlements related to non-core businesses
+10.59M Legal fees and settlements related to core businesses
+0K Acquisition and related costs
+603K Class B Unit conversion costs
+704K Non-recurring compliance costs
+569K Business transformation costs
+92K Net (loss) earnings attributable to noncontrolling interest
= Adjusted EBITDA 321.31M
|
|||
| Blue Rhino selling location footprint | 65,000 | fiscal 2026 | — |
| Capital expenditures | $77.3M | fiscal 2026 | — |
| Customer retention | 87% | fiscal 2026 | — |
| Distributable cash flow (shortage) excess non-GAAP | $3.19M | Year ended July 31, 2026 | — |
| Distributable cash flow attributable to Class A and B Unitholders non-GAAP | $110.21M | Year ended July 31, 2026 | — |
| Distributable cash flow attributable to equity investors non-GAAP | $179.13M | Year ended July 31, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Adjusted EBITDA 321.31M
-115.06M Net cash interest expense
-28.01M Maintenance capital expenditures
-899K Cash paid for income taxes
+1.79M Proceeds from certain asset sales
= Distributable cash flow attributable to equity investors 179.13M
|
|||
| Distributable cash flow excess non-GAAP | $3.19M | Year ended July 31, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Distributable cash flow attributable to Class A and B unitholders 110.21M
-107.02M Less: Distributions paid to Class B unitholders
= Distributable cash flow excess 3.19M
|
|||
| Growth capital | $49.3M | fiscal 2026 | — |
| Maintenance capital | $28M | fiscal 2026 | — |
| Maintenance capital expenditures non-GAAP | -$28.01M | Year ended July 31, 2026 | — |
| New customer conversion rate | 92.4% | fiscal 2026 | — |
| Retail - Sales to End Users | 556.21M | Year ended July 31, 2026 | — |
| Retail customers | 894,597 | fiscal 2026 filing | — |
| Tank exchange selling locations | 65,693 | fiscal 2026 filing | — |
| Total liquidity | $195.1M | fiscal 2026 | — |
| Total propane gallons sales | 759.57M | Year ended July 31, 2026 | — |
| Wholesale - Sales to Resellers | 203.36M | Year ended July 31, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Refining & Marketing — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
FGPR
this stock
Ferrellgas Partners L P
|
$249.87M | +18.9% | +7.4% | — | 0.0% |
|
MPC
Marathon Petroleum Corp
|
$130.12B | +184.9% | +25.8% | 16.0 | 2.5% |
|
VLO
Valero Energy Corp/Tx
|
$127.78B | +172.6% | -5.5% | 18.5 | 3.1% |
|
PSX
Phillips 66
|
$112.36B | +118.2% | -7.5% | 16.1 | 1.4% |
|
DINO
HF Sinclair Corp
|
$21.86B | +162.0% | +64.4% | 11.7 | 3.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| FGPR | -2.4% | +2.7% | -17.5% | -2.2% | +18.9% |
| SPY | +1.3% | +2.1% | +9.0% | +1.5% | +13.5% |
| vs SPY | -3.7% | +0.6% | -26.5% | -3.7% | +5.4% |