|Type||Master Limited Partnership|
|Traded as||NYSE: FGP|
|Industry||Retail Propane Distribution|
|Founded||1939 in Atchison, Kansas|
|Headquarters||Overland Park, Kansas, USA|
|Key people||James E. Ferrell, (chairman)
Stephen L. Wambold, (president, ceo)
Ryan VanWinkle, (senior vice president and chief financial officer)
Tod D. Brown, (senior vp, sales & marketing, ferrellgas, president, blue rhino)
|Revenue||$2.2 billion USD (2011)|
The company was founded in 1939 by A.C. Ferrell in Atchison, Kansas. Renaming itself Ferrellgas when A.C.'s son James assumed control, the company expanded across the Missouri River to acquire a Rushville, Missouri dealer in 1968. In the next ten years, the company acquired other Midwestern dealers and established a wholesale operation, and profited amid the energy crises of 1973 and 1979. During that time, the Ferrellgas headquarters shifted, moving first to Platte City, Missouri before moving further east to Kearney. Its expansion continued, opening Ferrell North America, a propane and feedstock distribution arm, in 1977. In 2004 it acquired Blue Rhino. Ferrellgas is the second largest propane distributor in the United States.
In September 2009, James E. Ferrell stepped down as CEO in favor of his hand-picked successor, Steve Wambold. Wambold, a ten-year company veteran, had served as the company's president and COO since 2005.
Although publicly traded on the New York Stock Exchange since 1994, the Ferrell family maintains a presence with the company. James E. Ferrell continues to serve as the company's chairman, and has twice been elected president of the World LP Gas Association. As of January 31, 2014, James E. Ferrell directly or beneficially owned 4,358,475 common units of Ferrellgas Partners, L.P. Ferrellgas employees indirectly own 21,469,664 common units of Ferrellgas Partners, L.P. through an employee stock ownership plan. Approximately 53 million common units are held by public unitholders.
Blue Rhino propane plant explosion
At the Blue Rhino propane plant (LP gas), owned by Ferrellgas, located in Tavares, Florida in Lake County, a fire broke out at around 10:30 p.m EDT on July 29, 2013. This fire lead to multiple explosions within an hour and into the early morning of the next day. The plant contained about 53,000 20-pound propane cylinders and multiple large storage tanks. A total of eight workers were injured, some critically.
- Founded as A.C. Ferrell Butane Gas Company in Atchison, Kansas
- "8 hurt in plant explosions at Blue Rhino in Tavares". WESH TV. Retrieved 30 July 2013.