Ferrellgas welcomed its newest acquisitions to the Ferrellgas Family during the first fiscal quarter: Brown’s Gas in Marysville, California and Dubben Gas Service in Delhi, New York.

“Viking Propane offers a tremendous complement to the already strong Ferrellgas footprint in northern central California and allows us to extend our service territory west of Sacramento ...

Moody's also affirmed Ferrellgas' B3 senior secured notes rating, downgraded its senior unsecured notes to Ca from Caa3, and assigned it an SGL-4 Speculative Grade Liquidity Rating (SGL).

Also Friday, Ferrellgas announced the acquisition of independent propane retailer Kings River Propane in the San Joaquin Valley of California. Financial terms of the deal were not disclosed.