Ferrellgas Marks National Propane Day, Supports Communities Following Hurricane Helene

Rhea-AI Summary

Ferrellgas Partners, L.P. (OTC: FGPR) is marking National Propane Day by focusing on disaster relief efforts following Hurricane Helene. The company, along with its tank exchange brand Blue Rhino, is providing propane to power homes, businesses, and generators in affected areas of the southeast. Ferrellgas is also supporting Operation BBQ Relief, an organization providing hot meals to disaster victims.

President and CEO Tamria Zertuche emphasized the company's commitment to treating customers like family and providing support for recovery efforts. Vice President, Head of Blue Rhino Chet Reshamwala and Vice President, Head of Retail Ray Galan both praised the dedication of employees working tirelessly to deliver propane to communities in need, highlighting propane's importance for heat, hot water, hot meals, and power generation during disaster recovery.

Positive

• Ferrellgas is actively providing essential propane services in hurricane-affected areas
• The company is supporting disaster relief efforts through Operation BBQ Relief
• Demonstrating strong community engagement and customer support during crisis

Negative

• None.

News Market Reaction

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-0.28% News Effect

On the day this news was published, FGPR declined 0.28%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

LIBERTY, Mo., Oct. 07, 2024 (GLOBE NEWSWIRE) -- The employee-owners of Ferrellgas Partners, L.P. (OTC: FGPR) are marking National Propane Day with a focus on disaster relief following the damage caused by Hurricane Helene. Propane’s reliability, portability, and versatility make it essential for consumers during times of significant weather-related events.

Ferrellgas and its tank exchange brand, Blue Rhino, are providing the propane currently powering homes, businesses, and generators in parts of the southeast following Hurricane Helene. “We pride ourselves on treating our customers like family,” said President and CEO Tamria Zertuche. “This storm and its aftermath really bring into perspective the power of family and community. Our goal is to provide our customers the support they need to begin recovery. I am so proud of our employees working in impacted areas as well as volunteering in related relief efforts. We are fortunate to be a provider of propane, a critical energy source for recovery after devasting storms such as Hurricane Helene.”

Ferrellgas and Blue Rhino support Operation BBQ Relief, an organization that provides hot meals and compassion to people whose lives have been impacted by natural disasters. Operation BBQ Relief responded in the days following Hurricane Helene’s landfall, supporting people in need.

“Strong communities are born out of individuals being their best selves,” said Vice President, Head of Blue Rhino Chet Reshamwala. “Whether it is Operation BBQ Relief, Blue Rhino drivers, or the entire Herd community, everyone is working tirelessly to get much-needed propane cylinders to communities in need of heat, hot water, hot meals, and power generation.”

Vice President, Head of Retail Ray Galan agrees, saying he is proud of the way Ferrellgas employee-owners have stepped up to take care of customers in impacted regions. “Our teams are working non-stop in these hard-hit areas, and I am so grateful for their dedication to their communities and our customers,” he said.

About Ferrellgas
Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas, L.P., and subsidiaries, serves propane customers in all 50 states, the District of Columbia, and Puerto Rico. Its Blue Rhino propane exchange brand is sold at over 68,000 locations nationwide. Ferrellgas employees indirectly own 1.1 million Class A Units of the partnership, through an employee stock ownership plan. Ferrellgas Partners, L.P. filed an Annual Report on Form 10-K for the fiscal year ended July 31, 2024, with the Securities and Exchange Commission on September 27, 2024. Investors can request a hard copy of this filing free of charge and obtain more information about the partnership online at www.ferrellgas.com.

Contact: Communications@Ferrellgas.com

FAQ

How is Ferrellgas (FGPR) responding to Hurricane Helene?

Ferrellgas is providing propane to power homes, businesses, and generators in hurricane-affected areas of the southeast. They are also supporting Operation BBQ Relief, which provides hot meals to disaster victims.

What role does propane play in disaster relief according to Ferrellgas (FGPR)?

Propane is essential for disaster relief due to its reliability, portability, and versatility. It provides heat, hot water, hot meals, and power generation in areas affected by natural disasters like Hurricane Helene.

How is Blue Rhino, a Ferrellgas (FGPR) brand, contributing to hurricane relief efforts?

Blue Rhino drivers are working to deliver propane cylinders to communities in need following Hurricane Helene, providing essential fuel for heat, hot water, hot meals, and power generation.

What is Ferrellgas' (FGPR) approach to customer service during natural disasters?

Ferrellgas emphasizes treating customers like family, focusing on providing support for recovery efforts. Their employees are working non-stop in hard-hit areas to take care of customers and communities affected by disasters like Hurricane Helene.