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 Ferrellgas Partners LP has promoted Boyd McGathey to executive vice president and COO.
The promotion, which was effective Friday, puts McGathey in charge of the Overland Park-based propane company’s retail operations, North America commodity risk management, wholesale business, and safety and marketing departments.
McGathey rejoined Ferrellgas (NYSE: FGP) in March 2011 as senior vice president of retail operations after a stint as west division president at Inergy Propane LLC. Before that, he…
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 Better retail margins drove improved second-quarter performance for Ferrellgas Partners LP, the company said Thursday.
“Second-quarter results represented the third consecutive quarter of positive momentum despite unusually warm weather,” CEO Steve Wambold said in a written statement.
He added that strong interest from sellers has created an attractive environment for acquisitions. Overland Park-based Ferrellgas (NYSE: FGP) has made three so far in fiscal 2013. This includes an El Paso, Texas,…
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 Ferrellgas Partners LP has seen its cost-reduction efforts start to bear fruit with strong first-quarter results announced Monday.
The Overland Park-based company (NYSE: FGP) is trying to turn the corner after a year of warm temperatures that hammered the propane industry.
“Fiscal 2012 was a punishing year, a brutal year, and I’m glad it’s over,” CEO Steve Wambold said in a call with analysts.
Adjusted earnings jumped 93 percent from last year’s first quarter to $31.6 million, and gross…
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 Ferrellgas Partners LP finished its fiscal year with a loss of $10.8 million, largely due to warm weather.
The Overland Park-based propane company (NYSE: FGP) saw sales volumes drop 2 percent to 878 million gallons because temperatures were 18 percent higher than usual.
The company helped its bottom line with layoffs announced in January and promised to cut $20 million in costs during fiscal 2013.
Here’s a summary of Ferrellgas’ financial results for the 12 months that ended July 31, compared…
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 Ferrellgas Partners LP has acquired a Sacramento, Calif., propane company.
Overland Park-based Ferrellgas (NYSE: FGP), a propane retailer, said the purchase of Capitol City Propane builds its customer base and presence in California. Financial terms were not disclosed.
Acquisitions have been a key growth tool for Ferrellgas, which has made about 235 acquisitions during its 72 years. Capitol City marks the company’s first acquisition in the fiscal year that started Aug. 1.
Ferrellgas, which describes…
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Ferrellgas Partners LP reported another quarter of declining sales amid continued warm weather that followed what CEO Steve Wambold described as the toughest winter to date for the retail propane industry. Even so, earnings soared.
The Overland Park-based company (NYSE: FGP) said it outperformed conditions in its third quarter — propane sales fell 11 percent to 226 million gallons while temperatures were 23 percent higher than the year before. Lower wholesale costs and efforts to cut operating...
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Ferrellgas Partners LP reported continued sagging sales in its second quarter due to near-record warm temperatures and high wholesale propane costs.
Propane sales fell 7 percent, with temperatures up 18 percent from the same quarter last year and customers conserving more.
Overland Park-based Ferrellgas (NYSE: FGP) reported net income of $37 million, up significantly because of a non-recurring loss on debt from the prior year. Adjusted earnings sank from $121 million to $87 million.
Here’s a summary of financial results for the three months that ended Jan...
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A senior executive at Ferrellgas Partners LP resigned Thursday, according to a Securities and Exchange Commission filing.
George Koloroutis was senior vice president of Ferrellgas Inc., the general partner of the Overland Park-based propane distributor (NYSE: FGP), and president of Ferrell North America. He will remain a paid adviser through 2016.
The company recently announced that it laid off about a tenth of its Kansas City work force, leaving about 300 employees at its Overland Park and Liberty offices...
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Ferrellgas Partners LP has laid off about a tenth of its Kansas City-area employees, the company said Tuesday.
The Overland Park-based propane distributor (NYSE: FGP) let go of about 30 employees during the past two weeks, spokesman Scott Brockelmeyer said.
The reductions took place in a range of departments, including marketing, office services and employee development.
That leaves Ferrellgas with about 50 employees at its Overland Park headquarters and 250 in Liberty. The layoffs affected both locations, which provide corporate support to the propane company, which has 1 million customers and 4,000 employees nationwide...
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Ferrellgas Partners LP continued its Lone Star State expansion Thursday, announcing its acquisition of Rio Grande Valley Gas Inc.
The Overland Park-based propane distributor (NYSE: FGP) picked up 2,500 customers in the Edinburg area in the southeast part of that state. Terms of the purchase were not disclosed.
“We expect this acquisition to be immediately accretive,” Ferrellgas CEO Steve Wambold said in a release.
This marks the company’s fifth acquisition since the Aug. 1 start of its fiscal year, as well as its third foray into Texas of late...
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DataSource Inc. announced Friday that it acquired Atlanta-based Small Business Forms for an undisclosed amount. The company also plans to expand operations into San Antonio.
Kansas City-based DataSource handles printing and distribution of marketing materials, business forms and other printed paper supplies. It serves markets such as the automotive industry, restaurant chains and commercial banking, with key clients including Ferrellgas Partners LP (NYSE: FGP), Americo, and Lee Jeans.
Small Business Forms focuses on the automotive market, supplying business forms and legal documents...
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Ferrellgas Partners LP reported a first-quarter loss Friday, reflecting seasonal trends.
Propane sales rose despite warmer-than-usual temperatures and customer conservation, while wholesale costs rose 33 percent.
Overland Park-based Ferrellgas (NYSE: FGP) reported revenue of $538.4 million. The company said it cut expenses 10 percent from a year ago, mostly in back-office costs.
During the quarter, it extended a $400 million secured credit line to September 2016 and acquired propane retailers in California and Texas...
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Most major local stocks were down Friday morning following a brief rally as trading opened one day after the sharpest market collapse since the start of the recession in the fall of 2008.
Sprint-Nextel Corp. (NYSE:S), DST Systems Inc. (NYSE:DST) and Ferrellgas Partners LP (NYSE:FGP) posted modest gains by mid-morning but most other local stocks joined the rest of volatile stock market as most major indexes continued their slide.
Better-than-expected employment figures released by the U.S. Bureau of Labor Statistics may have helped fend off a more precipitous drop in the stock market, but Nasdaq and the S&P 500 had both fallen by more than one percent by mid-morning trading...
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Ferrellgas Partners LP said Tuesday that it has bought Ram Propane LLC, an independent retailer based in Wyoming.
Overland Park-based Ferrellgas (NYSE: FGP) declined to disclose terms of the deal for Ram, which serves western Wyoming markets including Jackson Hole and the Grand Teton and Yellowstone national parks.
The company continues to roll up independent propane companies. The Ram purchase is Ferrellgas’ fourth since the start of its fiscal year on Aug. 1. The company said it has made about 225 acquisitions in its 70-plus-year...
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Ferrellgas Partners LP has acquired Williams Panhandle Propane, an independent propane retailer in Florida.
That marks the fifth acquisition this fiscal year for Ferrellgas (NYSE: FGP), an Overland Park-based propane retailer. The company’s fiscal year closes on Aug. 1.
The companies did not disclose the deal’s terms.
Williams Panhandle Propane, which has locations in Tallahassee and Carrabelle, Fla., offers Ferrellgas a foothold in the state’s growing capital and along the Gulf Coast, Ferrellgas CEO Steve Wambold said in a release...
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