Ferrellgas Partners, L.P. Reports Earnings Results for the First Quarter Ended October 31, 2021
December 15, 2021 at 08:36 am EST
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Ferrellgas Partners, L.P. reported earnings results for the first quarter ended October 31, 2021. For the first quarter, the company reported revenue was USD 394.51 million compared to USD 300.89 million a year ago. Net loss was USD 8.52 million compared to USD 45.6 million a year ago. Basic loss per share from continuing operations was USD 5.25 compared to USD 9.39 a year ago.
Ferrellgas Partners, L.P. is a holding company. The Company is primarily engaged in the retail distribution of propane and related equipment sales, through its subsidiaries, Ferrellgas Partners Finance Corp. and Ferrellgas, L.P. (operating partnership). Its operations primarily include the distribution and sale of propane and related equipment and supplies in approximately 50 states, the District of Columbia and Puerto Rico. The Company serves residential, industrial/commercial, portable tank exchange, agricultural, wholesale and other customers. The Company delivers propane to its industrial/commercial and portable tank exchange customers using its fleet of portable tank and portable tank exchange delivery trucks, truck tractors and portable tank exchange delivery trailers.