Monday, January 31, 2011

Ferrellgas profit dips, sales drop - Triangle Business Journal:

nazariomuibepu1687.blogspot.com
In a filing with the Securities and Exchangre Commission after the marketr closedon Friday, the Overland Park-based propane retailer FGP) reported earnings available to common shareholders of $32.5 million, or 48 centds a share, for the quarter. This comparees with earnings of $34.8 million, or 55 cents a for the same periodlast year. Revenue for the quarted was $561.1 million, down from $712.1 million last Ferrellgas said in the SEC filinyg that lower propane prices contributed tothe quarter’sw lower revenue. The company said it sold 239.2 million gallons of propane duringthe quarter, down 5 percenty from 252.
1 million gallons in the same quarter last Retail sales volumes decreased mainlhy because of temperatures that were 5 percenf warmer than last year and customer conservation related to the weak the company said. Ferrellgas rankx No. 10 on the Kansas City BusinessJournal ’w list of area public

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