Ferrellgas Partners LP posted strong quarterly earnings of $43.9 million for its fiscal second quarter, which ended Jan. 31. However, it lost $220.4 million in the past 12 months.
Overland Park-based Ferrellgas, which owns the Blue Rhino brand of propane, has been facing difficulties related to a heavily leveraged balance sheet. The company has $1.39 billion in total assets but $2.08 billion in long-term debt on its books. The company lost $49.18 million from operations in the past year, plus $173.76…
Ferrellgas Partners LP posted strong quarterly earnings of $43.9 million for its fiscal second quarter, which ended Jan. 31. However, it lost $220.4 million in the past 12 months.
Overland Park-based Ferrellgas, which owns the Blue Rhino brand of propane, has been facing difficulties related to a heavily leveraged balance sheet. The company has $1.39 billion in total assets but $2.08 billion in long-term debt on its books. The company lost $49.18 million from operations in the past year, plus $173.76…