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This change was necessitated because the average closing price of the company's common stock over a consecutive 30-day trading period had remained less than $1.00, which is an NYSE listing requirement. [37] Ferrellgas is still traded on the OTC market under the FGPR symbol.
Ferrellgas Partners' (FGP) fiscal third-quarter 2019 retail propane sales benefit from colder-than-normal weather.
Ferrell North America performs propane trading and distribution for more than 600 Ferrellgas locations. Founded in Houston, Texas in 1977, Ferrell North America also purchases, trades, sells, stores, and transports natural gas liquids and oil refinery feedstocks in conjunction with major oil companies, petrochemical manufacturers, gas processors, and other retail propane companies.
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The stock fell last year as low as $11.75 in September. In the weeks after Trump won the election, informal polls taken in Trump Media chat groups predicted the stock hitting $120, $1,000 or ...
The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" / ˈ f ʊ t s i /, is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock Exchange.
Ferrellgas will release its quarterly report on Thursday, and income-hungry investors have taken advantage of the propane company's high yield to send share prices to their top levels since 2011.
Since the time he took over, Ferrellgas has grown from a small, independently owned propane company to the second-largest propane retailer in the United States. [2] An active member of the retail propane industry, Ferrell is a past president of the World LP Gas Association and a former chairman of the Propane Vehicle Council. [ 3 ]