Ferrellgas Partners Expects Little to no Impact from FERC Revised Policy Statement
March 19 2018 - 3:39PM
Ferrellgas Partners, L.P. (NYSE:FGP) announced today that it
expects minimal, if any, impact from last week’s revised policy
statement by the Federal Energy Regulatory Commission
(FERC). As stated in the ruling, FERC’s jurisdiction is
limited to MLPs that own interstate pipelines – a group that does
not include Ferrellgas.
About FerrellgasFerrellgas 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, and provides midstream
services to major energy companies in the United States. Ferrellgas
employees indirectly own 22.8 million common units of the
partnership, through an employee stock ownership plan. Ferrellgas
Partners, L.P. filed a Form 10-K with the Securities and Exchange
Commission on September 28, 2017. Investors can request a hard copy
of this filing free of charge and obtain more information about the
partnership online at www.ferrellgas.com.
Forward Looking Statements Statements in this
release concerning expectations for the future are forward-looking
statements. A variety of known and unknown risks, uncertainties and
other factors could cause results, performance, and expectations to
differ materially from anticipated results, performance, and
expectations. These risks, uncertainties, and other factors include
those discussed in the Form 10-K of Ferrellgas Partners, L.P.,
Ferrellgas Partners Finance Corp., Ferrellgas, L.P., and Ferrellgas
Finance Corp. for the fiscal year ended July 31, 2017, the
Form 10-Q of these entities for the fiscal quarter ended
January 31, 2018 and in other documents filed from time to
time by these entities with the Securities and Exchange
Commission.
ContactsJim Saladin, Media Relations –
jimsaladin@ferrellgas.com, 913-661-1833Bill Ruisinger, Investor
Relations –billruisinger@ferrellgas.com, 816-792-7914
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