Ferrellgas Partners, L.p. · OTC:FGPR
Ferrellgas Partners, L.p — Investor Presentation (June 2009)
14 slides from Ferrellgas Partners, L.p's investor presentation, June 2009
Slide 1: Investor Presentation – June 2009
Investor Presentation – June 2009
Slide 2: Forward Looking Statement Disclaimer
Forward Looking Statement Disclaimer The following information contains, or may be deemed to contain, forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the fut
Slide 3: Who Is Ferrellgas?
Who Is Ferrellgas? 9 A leading distributor of retail propane and related equipment and supplies primarily in the United States ¾ Approximately 1 million customers ¾ All 50 states, including the District of Columbia and Puerto Rico 9 Blue Rhino branded tank exchange operations retain largest national
Slide 4: Our Brands Are Household Names In Propane
Our Brands Are Household Names In Propane Retail Propane Operations Tank Exchange Operations Logistics and Wholesale Operations
Slide 5: Ferrellgas' Keys To Continued Success
Ferrellgas’ Keys To Continued Success 9 Capitalize on national presence and economies of scale ¾ Few nationwide propane providers ¾ One stop solution for national customers 9 Expand operations through disciplined acquisitions ¾ Leverage significant synergy opportunities from existing national footpr
Slide 6: Nationwide Footprint – A True Competitive Advantage
Nationwide Footprint – A True Competitive Advantage
Slide 7: Retail Propane – An Industry Ripe for Consolidation
Retail Propane – An Industry Ripe for Consolidation United 1% Liberty 1% MFA 5,000+ Independent 1% Retailers Cenex 62% 2% Growmark 2% Inergy 3% Suburban 4% Heritage 6% Ferrellgas Amerigas 8% 10% Top 10 Propane Retailers control 38% of Market Share(1) (1) Source: February LPGas Magazine
Slide 8: World Class Logistics and Customer Management - A First in the Retail Propane Industry
World Class Logistics and Customer Management - A First in the Retail Propane Industry 9 Significant earnings improvement post- implementation in fiscal 2005 ¾ Improved customer profitability ¾ Reduced overhead and distribution costs 9 Improved customer relationship management ¾ Improved customer re
Slide 9: Significant Management Ownership; Credit Enhancements To Public Investors
Significant Management Ownership; Credit Enhancements To Public Investors Employee Stock Ownership Trust 9 32% employee (“ESOT”) ownership through ESOP 100% 9 7% ownership by Ferrell Companies, Inc. (“FCI”) Chairman and CEO $ 3 6 mm Distrib ution S 20,327,666Common Units James E. Ferrell upport 9 Si
Slide 10: Recent Announcements – A String of Successes
Recent Announcements – A String of Successes 9 Strong/improving operational and financial performance ¾ 24% improvement in Adjusted EBITDA fiscal ytd January 31 ¾ 40% improvement in Adjusted EBITDA since fiscal 2005 9 Significantly improved credit statistics through improved performance ¾ OLP Financ
Slide 11: Recent Announcements (continued)
Recent Announcements (continued) 9 Continued access to the capital markets ¾ Issued $200 million of long-term, high-yield debt in August 2008 ¾ Raised $70 million in new equity proceeds in February 2009, which addresses debt maturity in August 2009 9 Successfully renewed the Accounts Receivable Secu
Slide 12: Strong Financial Results Through Turbulent Markets
Strong Financial Results Through Turbulent Markets (in millions, except cpg's) 3 months ended January 31, 2009 Fav/(unfav) % Actual Prior Year Var. Increase Propane Gallon Sales : Retail - Sales to End Users 245.4 243.4 2.0 Wholesale - Sales to Resellers 68.1 47.3 20.8 Total Propane Gallon Sales 313
Slide 13: Earnings Guidance Projects Another Record Year for Ferrellgas!
Earnings Guidance Projects Another Record Year for Ferrellgas! 94% 89% 94% 97% 98% $237 $250-$255 $216 $222 $180 FY05 FY06 FY07 FY08 FY09 Projection Adjusted EBITDA Total Degree Days As % of Normal Degree Days 9 Adjusted EBITDA growth FY05 – FY07 driven by roll out of new retail operating platform –
Slide 14: Why Invest in Ferrellgas?
Why Invest in Ferrellgas? 9 Impressive financial results through challenging operating environment 9 Record earnings projected for fiscal 2009 9 Ongoing operating synergies and growth through technology and national footprint 9 Disciplined acquisition strategy in highly fragmented industry 9 Managem
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