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The latest update is out from Ferrellgas Partners ( (FGPR) ).
On January 15, 2025, Ferrellgas Partners entered into a settlement agreement with Eddystone Rail Company to resolve ongoing litigation initially filed in February 2017. This agreement involves a $125 million payment spread over three installments, effectively dismissing the original judgment and related appeals. The settlement clears the path for Ferrellgas to advance its capital restructuring initiatives, aiming to maximize long-term unitholder value and continue its growth and market expansion strategies.
More about Ferrellgas Partners
Ferrellgas Partners, L.P. operates through its subsidiary Ferrellgas, L.P., serving propane customers across all 50 U.S. states, the District of Columbia, and Puerto Rico. Known for its Blue Rhino exchange brand available at over 65,000 locations, the company emphasizes employee ownership through a stock ownership plan.
YTD Price Performance: 3.07%
Average Trading Volume: 2,592
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $204.8M
Find detailed analytics on FGPR stock on TipRanks’ Stock Analysis page.