Ferrellgas Partners, L.P. (FGPR) Q1 2025 Earnings Call Transcript

Ferrellgas Partners, L.P. (OTCPK:FGPR) Q1 2025 Earnings Conference Call December 20, 2024 9:30 AM ET

Company Participants

Tamria Zertuche – CEO, President
Mike Cole – CFO

Operator

Good day and thank you for standing by. Welcome to the Ferrellgas Partners First Quarter Fiscal 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker today, Tamria Zertuche. Please go ahead.

Tamria Zertuche

Welcome to our first quarter fiscal 2025 earnings call. The first fiscal quarter again showcased our employee owners and their ability to manage and execute against our overall strategic initiatives. Safety, strategic growth, operational excellence, and consolidation continue to be the bedrock of our strategy. In the first quarter, our retail operations team was focused on the onboarding of our latest acquisition, seasonal prep, and storm response, all while our sales and national accounts managers look for ways to grow market share today and for the future.

On the Blue Rhino side, the density that is the result of year-over-year location growth continues to drive down expenses and increase profit. I want to take a moment to highlight our commitment to the communities we serve, which has been highlighted in many ways this first quarter, but maybe best showcased in the remarks that we have received from our customers in these storm-impacted areas. Their words confirm how fortunate we are to have plentiful amounts of propane in the US. This resilient and dependable propane network showcases an infrastructure able to quickly and efficiently move clean-burning propane where it is needed most.

As the second largest marketer of propane, we are able to assist

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