Core Insights - Ferrellgas Partners, L.P. reported a strong start to fiscal 2026, with operational improvements and successful refinancing efforts contributing to a positive outlook for the winter heating season and the full fiscal year [2][3] Financial Highlights - The company completed financing transactions in October 2025, including redeeming $650 million of Senior Notes due 2026 and issuing $650 million of new Senior Notes due 2031, which strengthened its balance sheet [3] - Revenue for the first fiscal quarter decreased by $8.9 million, or 2%, to $355.2 million, while gross profit remained flat at $195.2 million [4][17] - Adjusted EBITDA decreased by $6.5 million, or 18%, to $29.3 million compared to the prior year quarter, primarily due to increased operating and administrative expenses [5][19] Operational Highlights - Retail sales increased by $0.7 million, driven by a $2.8 million rise in sales to residential and agricultural customers, despite a decrease in wholesale sales due to the absence of significant weather events [4][10] - The retail business experienced a 37% increase in temporary heat tank sets compared to the prior year, indicating strong customer demand [9] - The wholesale business normalized due to a lack of storm-related demand, but the company maintained profitability through disciplined management of production and logistics costs [10] Balance Sheet Overview - As of October 31, 2025, total assets were $1.38 billion, a decrease from $1.42 billion at the end of the previous fiscal year [29] - Current liabilities decreased significantly from $914.5 million to $289.0 million, reflecting improved financial flexibility [29] - Long-term debt increased to $1.45 billion from $815.5 million, indicating a strategic shift in financing [29] Customer and Market Strategy - The company focused on enhancing customer service and retention, particularly in the North Central, Northeast, and Pacific regions, through investments in customer service representatives [9] - Strategic outbound calling campaigns were implemented to capture on-demand customers in preparation for the winter season [9][11]

Core Insights - The appointment of Megan Sharp to the Propane Education & Research Council (PERC) highlights the importance of leadership in the evolving propane industry [1][2][3] - Sharp emphasizes the role of propane as a clean, affordable, and reliable energy source, aiming to enhance its presence in the national energy conversation [2] - Ferrellgas, through its operating partnership, serves propane customers across all 50 states, the District of Columbia, and Puerto Rico, with a significant presence through its Blue Rhino brand [3] Group 1 - Megan Sharp has been appointed as a Councilor to PERC, which focuses on safety, training, research, and consumer education in the propane industry [1][2] - Sharp brings nearly 20 years of industry experience and a commitment to advancing the propane sector [2] - Ferrellgas' President and CEO, Tamria Zertuche, recognizes Sharp's leadership in operations and customer experience as a valuable asset for the company and the industry [3] Group 2 - Ferrellgas operates in all 50 states and has a significant market presence with approximately 65,000 locations selling its Blue Rhino propane exchange brand [3] - The company has an employee stock ownership plan, with employees indirectly owning 1.1 million Class A Units of the partnership [3] - Ferrellgas filed its Annual Report on Form 10-K for the fiscal year ended July 31, 2025, with the SEC on October 15, 2025 [3]

Core Insights - Ferrellgas continues its commitment to educational advancement through the Ferrellgas Scholarship Program, supporting 14 students in their higher education journeys [1][2][3] Group 1: Scholarship Program Overview - The Ferrellgas Scholarship Program, now in its fourth decade, provides financial support to children of Ferrellgas and Blue Rhino employees, focusing on academic achievement, community involvement, leadership, and financial need [2] - This initiative is part of the Ferrellgas Century Project, which aims to give back to youth and communities as the company approaches its 100th anniversary in 2039 [2] Group 2: Scholarship Recipients - The 2025 scholarship recipients will study various fields including nursing, mechanical engineering, finance, psychology, and environmental conservation at colleges across the country [3][6] - The program reflects Ferrellgas's values of hard work, integrity, service, and a vision for a better future [3] Group 3: Company Background - Ferrellgas Partners, L.P. serves propane customers in all 50 states, the District of Columbia, and Puerto Rico, with its Blue Rhino brand available at over 65,000 locations nationwide [4] - Employees indirectly own 1.1 million Class A Units of the partnership through an employee stock ownership plan [4]

Core Insights - Ferrellgas Partners, L.P. has appointed Andrew Safran as a consultant, bringing extensive experience from his previous roles in investment banking and energy sectors [1][2] - The company aims to leverage Mr. Safran's relationships and expertise to enhance its capital structure following a strong performance in Fiscal 2025 Q3 [2] Company Overview - Ferrellgas Partners, L.P. operates in the propane logistics sector, serving customers across all 50 states, the District of Columbia, and Puerto Rico [3] - The company’s Blue Rhino propane exchange brand is available at over 68,000 locations nationwide [3] - Employees of Ferrellgas indirectly own 1.1 million Class A Units through an employee stock ownership plan [3]

Core Insights - Ferrellgas Partners, L.P. has appointed Andrew Safran as a consultant, leveraging his extensive experience in investment banking and energy transition [1][2] - The company aims to strengthen its capital structure following a strong performance in Fiscal 2025 Q3 [2] Company Overview - Ferrellgas Partners, L.P. operates in the propane logistics sector, serving customers across all 50 states, the District of Columbia, and Puerto Rico [3] - The company’s Blue Rhino propane exchange brand is available at over 68,000 locations nationwide [3] - Employees of Ferrellgas indirectly own 1.1 million Class A Units through an employee stock ownership plan [3] Leadership Insights - CEO Tamria Zertuche expressed confidence in Safran's ability to enhance the company's relationships within the banking community and the industry [2] - Chairman James Ferrell highlighted his long-standing relationship with Safran and the value of his experience to the company [2]

Core Message - Blue Rhino, a brand of Ferrellgas Partners, L.P., is collaborating with the International Rhino Foundation (IRF) to launch the "Keep the Five Alive" campaign aimed at protecting the world's five remaining rhino species from extinction [1][2][3] Group 1: Campaign Details - The campaign will commence on May 5, 2025, highlighting the urgent threats to the Javan, Sumatran, Greater One-Horned, Black, and White rhinos, with a total wild population of fewer than 28,000 [2] - Some species, such as the Javan and Sumatran rhinos, are critically endangered, with only dozens remaining in the wild [2] Group 2: Company Commitment - Blue Rhino is enhancing its commitment by matching all donations made from May 1-7, up to $35,000, and unveiling a limited-edition tank sleeve featuring the endangered Black rhino [8] - The company is also launching giveaways to promote awareness and engaging customers through social media and email campaigns [8] Group 3: Company Background - Ferrellgas Partners, L.P. serves propane customers across all 50 states, the District of Columbia, and Puerto Rico, with Blue Rhino propane exchange available at over 60,000 locations [4] - The company has an employee stock ownership plan, with employees indirectly owning 1.1 million Class A Units of the partnership [4] Group 4: International Rhino Foundation Overview - The IRF focuses on conservation initiatives for threatened rhino populations, investing over $25 million in rhino conservation and research over the past decade [5]