Ferrellgas Partners (FGP) Misses Q2 EPS Views; Updates FY16 adj.-EBITDA Outlook

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Ferrellgas Partners, L.P. Reports Results for Second Quarter Fiscal 2016

March 10, 2016 7:00 AM EST

OVERLAND PARK, Kan., March 10, 2016 (GLOBE NEWSWIRE) -- Ferrellgas Partners, L.P. (NYSE: FGP) today announced Adjusted EBITDA of $138.3 million for the second quarter of fiscal 2016 ended January 31, 2016, an increase from $136.9 million in the prior year period.

President and Chief Executive Officer Stephen L. Wambold commented, Despite this being one of the warmest winters on record, our ongoing midstream diversification efforts allowed us to deliver a year-over-year increase in Adjusted EBITDA. Bridger continues to exceed our expectations and we are carefully controlling costs to help offset the challenging operating environment for our... More