Ferrellgas Partners l P: management transactions · United States · SEC (Form 4)

About Ferrellgas Partners l P

Ferrellgas Partners L.P. (ticker: FGPR) is a U.S.-based propane distribution partnership with operations spanning the United States, including all 50 states, the District of Columbia, and Puerto Rico. The company is headquartered in Liberty, Missouri, United States, and positions itself as one of the nation’s largest propane distributors. Its units were formerly listed on the NYSE; following a delisting process, FGPR now trades on the OTC Pink market rather than on a major exchange, a point investors should keep in mind when assessing liquidity and market access. ([ferrellgas.gcs-web.com](https://ferrellgas.gcs-web.com/static-files/e377116c-889e-4257-a4db-9dc06583ba16?utm_source=openai)) Ferrellgas traces its roots to a family business founded by A.C. Ferrell in the mid-20th century, and the partnership structure was formed in 1994 when Ferrellgas Partners completed its IPO. That long operating history matters in propane, where route density, storage, delivery logistics, and customer retention are key competitive advantages. The company’s core business is the retail distribution of propane, supported by wholesale sales and related equipment and accessory sales. It serves a broad mix of residential, commercial, industrial, agricultural, and wholesale customers, which helps diversify demand across end markets. ([ferrellgas.com](https://www.ferrellgas.com/our-company/investor-information/?utm_source=openai)) From a market-position perspective, Ferrellgas competes in a fragmented but operationally demanding industry. Scale, fleet efficiency, depot coverage, and supply-chain management are central to profitability. The company has emphasized its national footprint and the breadth of its customer base, which can help reduce reliance on any single geography or account. At the same time, propane distribution is inherently cyclical and seasonal, with earnings affected by weather patterns, commodity costs, and overall energy demand. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000922358/000110465925099508/fgp-20250731x10k.htm?utm_source=openai)) Key products and services include propane delivery, bulk and retail propane contracts, and propane-related equipment and consumer products. Ferrellgas also participates in adjacent activities such as refined fuels, common carrier services, and the retail sale of propane appliances and parts, though propane remains the central strategic focus. The company has historically grown through acquisitions and continues to signal an appetite for selective M&A alongside organic growth initiatives. ([stockanalysis.com](https://stockanalysis.com/quote/otc/FGPR/company/?utm_source=openai)) Recent developments point to a more challenging financial backdrop. The latest annual report available shows a fiscal 2025 net loss attributable to Ferrellgas Partners, L.P., compared with net earnings in fiscal 2024, underscoring pressure from operating conditions and capital structure dynamics. For investors following SEC Form 4 insider transactions, the security remains relevant as a small-cap / OTC energy-distribution name with a long corporate history, a recognizable brand, and a business model that is more logistics-intensive than exploration- or production-driven. In short, FGPR is a mature U.S. energy logistics franchise with niche defensive characteristics, but also with meaningful execution and liquidity risk. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1012493/000110465925099508/fgp-20250731x10k.htm?utm_source=openai))