Ferrellgas Partners AI Stock Analysis
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Ferrellgas Partners (FGPR) AI Stock Analysis
Ferrellgas Partners
(Other OTC:FGPR)
Ferrellgas scores below average, driven primarily by a severely strained balance sheet: $1.58 billion of debt exceeds total assets, equity stands at roughly -$427 million and continues to deteriorate, and years of cash generation have not reduced leverage. This outweighs the company's genuine operating strengths — $185 million of TTM free cash flow, improved operating margins near 11%, and a durable propane franchise with strong customer retention. Technicals reinforce caution, with the price below all key moving averages and negative MACD, though oversold RSI suggests the selling may be extended. Valuation offers no support given a negative P/E and no dividend. The latest earnings call was the most encouraging element, highlighting a completed refinancing, credit rating upgrades and a simplified unit structure, but these were tempered by a 3% EBITDA decline, weather-driven volume softness, rising interest expense and unresolved preferred units. Investors should view this as an operationally sound but financially fragile business where debt servicing, not growth, determines outcomes.
Ferrellgas Partners (FGPR) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $211.82M
- Dividend Yield
- ―
- Average Volume (3M)
- 4,565
- Price to Earnings (P/E)
- -0.8
- Beta (1Y)
- 0.08
- Revenue Growth
- -3.83%
- EPS Growth
- 41.98%
- Country
- US
- Employees
- 3,990
- Sector
- Energy
- Sector Strength
- 65
- Industry
- Oil & Gas Refining & Marketing
Ferrellgas Partners Business Overview & Revenue Model
Company Description
Ferrellgas Partners, L.P. retail distribution of propane, related equipment and supplies. It transports propane to propane distribution locations, tanks on customers’ premises, or to portable propane tanks delivered to retailers. The company also con...
How the Company Makes Money
Ferrellgas makes money primarily by purchasing propane in bulk from suppliers and reselling it to end customers at a markup that reflects commodity costs, transportation/logistics, and retail margins. Its core revenue stream is the retail sale and de...
Ferrellgas Partners Earnings Call Summary
The call was broadly constructive. Ferrellgas reported quarterly adjusted EBITDA growth, improved full-year net earnings, successful refinancing and unit-structure simplification, strong liquidity, customer and safety gains, and favorable regulatory developments. These positives were partly offset by a 3% full-year adjusted EBITDA decline, lower gallon volumes caused by unusually warm weather, a higher quarterly net loss, and increased interest and operating costs. Management expressed confidence entering fiscal 2027, so the positive topics significantly outweighed the stated challenges.
Q4-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Entering fiscal '27, Ferrellgas said propane supply remains plentiful, which underpins stable margins and reliable service, while its national accounts team continues to build momentum with new expanded customer relationships; it will manage headwinds including elevated diesel costs and evolving tariff environment through operational efficiencies and ongoing cost discipline. The company said it had total liquidity of $195.1 million at July 31, 2026, including $48.4 million of cash and $146.7 million available on its revolver, providing flexibility for seasonal working capital, continued growth investment and debt reduction, with a distribution at some point in the future. Ferrellgas also cited HAZMAT endorsement laws for 18-year-olds in 13 states and said data center backup power is an emerging opportunity still in its early stage that it has not yet sized in its numbers; the new 5-year FERC pipeline shipping rate index is estimated to save the propane industry roughly $7 billion versus the prior index and closer to $14 billion versus what the pipelines had originally thought.
Ferrellgas Partners Financial Statement Overview
Summary
A mixed and ultimately fragile profile. Cash generation is the standout strength (score 68), with TTM operating cash flow more than doubling to $312 million and free cash flow rising to $185 million, comfortably covering $127 million of capital spending. The income statement is adequate but unexceptional (score 50): revenue of $1.86 billion fell about 4% year-over-year, though operating margin improved to roughly 11% and net income swung to a $70 million profit from a prior-year loss. The balance sheet is the decisive weakness (score 10): $1.58 billion of debt exceeds total assets of $1.36 billion, leaving shareholders' equity at roughly -$427 million and widening, with no deleveraging over five years and a shrinking asset base. Refinancing and interest-rate sensitivity remain material risks.
Income Statement
50NeutralBalance Sheet
10Very NegativeCash Flow
68Positive| Breakdown | TTM | Jul 2026 | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.86B | 1.86B | 1.94B | 1.84B | 2.03B | 2.11B |
| Gross Profit | 965.66M | 1.02B | 915.99M | 983.14M | 1.01B | 928.03M |
| EBITDA | 310.17M | 310.17M | 191.49M | 308.06M | 329.68M | 339.83M |
| Net Income | 70.49M | 70.49M | -15.41M | 10.22M | 75.85M | 48.00M |
Balance Sheet | ||||||
| Total Assets | 1.36B | 1.36B | 1.42B | 1.46B | 1.53B | 1.61B |
| Cash, Cash Equivalents and Short-Term Investments | 48.42M | 48.42M | 96.88M | 113.48M | 126.22M | 147.53M |
| Total Debt | 1.64B | 1.64B | 1.55B | 1.54B | 1.54B | 1.56B |
| Total Liabilities | 1.84B | 1.84B | 1.79B | 1.76B | 1.78B | 1.84B |
| Stockholders Equity | -399.72M | -399.72M | -298.44M | -220.56M | -218.36M | 37.91M |
Cash Flow | ||||||
| Free Cash Flow | 57.20M | 75.34M | 56.34M | 174.71M | 123.34M | 63.79M |
| Operating Cash Flow | 134.52M | 152.66M | 136.35M | 245.57M | 212.26M | 160.47M |
| Investing Cash Flow | -75.53M | -75.53M | -80.80M | -85.05M | -110.77M | -111.78M |
| Financing Cash Flow | -107.45M | -125.59M | -82.82M | -173.71M | -122.87M | -171.90M |
Ferrellgas Partners Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FGPR, the sentiment is Negative. The current price of 18.65 is below the 20-day moving average (MA) of 19.85, below the 50-day MA of 21.02, and below the 200-day MA of 22.97, indicating a bearish trend. The MACD of -0.64 indicates Positive momentum. The RSI at 30.18 is Neutral, neither overbought nor oversold. The STOCH value of 49.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FGPR.
Ferrellgas Partners Risk Analysis
Ferrellgas Partners disclosed 41 risk factors in its most recent earnings report. Ferrellgas Partners reported the most risks in the "Finance & Corporate" category.
- Finance & Corporate18
- Tech & Innovation2
- Legal & Regulatory10
- Production6
- Ability to Sell2
- Macro & Political3
Latest Risks Added
0 New RisksFerrellgas Partners Peers Comparison
Overall Rating
SGU67Neutral
DK64Neutral
SUN64Neutral
CLNE60Neutral
CAPL53Neutral- FGPR46Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SGU | 67Neutral | $432.45M | 6.38 | 20.42% | 5.94% | 7.58% | 33.62% |
| Sector * | 65Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
| DK | 64Neutral | $4.15B | 3.55 | 228.60% | 1.55% | 27.13% | ― |
| SUN | 64Neutral | $13.31B | 10.59 | 21.79% | 4.99% | 135.84% | 104.10% |
| CLNE | 60Neutral | $436.58M | -5.16 | -13.62% | ― | 5.74% | 63.14% |
| CAPL | 53Neutral | $758.50M | 15.42 | -55.84% | 10.56% | 9.12% | 3.86% |
| FGPR | 46Neutral | $213.66M | -0.84 | -20.89% | ― | -3.83% | 41.98% |
* Energy Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FGPR | Ferrellgas Partners, L.P. | 18.65 | 1.15 | 6.57% | |
| CLNE | Clean Energy Fuels | 1.84 | -0.32 | -14.81% | |
| DK | Delek US | 68.50 | 29.35 | 74.99% | |
| SGU | Star Gas Partners | 13.08 | 1.85 | 16.47% | |
| SUN | Sunoco LP | 65.23 | 15.10 | 30.12% | |
| CAPL | Crossamerica Partners LP | 19.89 | 0.77 | 4.02% |
Ferrellgas Partners Corporate Events
Ferrellgas Presents Fiscal 2026 Results in Investor Presentation
PositiveFerrellgas is a leading technology-enabled logistics and distribution company serving the U.S. propane market through subscription and retail delivery of residential and commercial propane. Its national hub-and-spoke network and tank-exchange locatio...
Ferrellgas Partners Furnishes Investor Presentation on Business Overview
NeutralIn November 2026, Ferrellgas Partners furnished an investor presentation for use in meetings with current and potential investors and analysts. The presentation described the company’s national propane distribution platform, logistics technology and...
Ferrellgas Partners Reports Fiscal 2026 Results, EBITDA Up
PositiveOn September 25, 2026, Ferrellgas Partners reported results for its fourth fiscal quarter and year ended July 31, 2026, highlighting a 3% rise in quarterly Adjusted EBITDA to $23.8 million despite warmer-than-normal weather that reduced propane volum...
Ferrellgas Partners Reports Fiscal 2026 Results and Outlook
PositiveOn September 25, 2026, Ferrellgas reported its fourth-quarter and full-year results for the fiscal year ended July 31, 2026, highlighting a 3% rise in fourth-quarter Adjusted EBITDA to $23.8 million despite warmer-than-normal U.S. weather and softer...
Ferrellgas Partners Schedules Q4 and Fiscal 2026 Webcast
NeutralOn Friday, September 25, 2026, Ferrellgas Partners plans to host an Internet teleconference to review its results of operations for the fourth fiscal quarter and fiscal year that ended on July 31, 2026. The webcast, scheduled to begin at 8:00 a.m. Ce...
Ferrellgas Schedules Webcast to Review Fiscal 2026 Results
NeutralFerrellgas Partners announced it will hold an Internet teleconference on Friday, September 25, 2026, to review its results of operations for the fourth fiscal quarter and fiscal year ended July 31, 2026. The webcast will begin at 8:00 a.m. Central Ti...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 06, 2026