Ferrellgas Partners, L.P. reported its financial results for the third quarter of fiscal year 2026, highlighting a significant decrease in net earnings, which fell by approximately 53% to $28 million compared to $59.1 million in the same period last year. The company's revenue declined by 6%, totaling $524.6 million, largely due to a 15.7% drop in average propane prices. However, gross profit saw a slight increase of about 1%, aided by a reduction in product costs. The firm successfully converted all Class B Units into Class A Units, streamlining its capital structure and eliminating future distribution obligations for Class B Unitholders. Despite challenges, including increased operating expenses and fluctuating weather conditions, the company reported operational efficiencies and improved customer retention, positioning itself for future growth. Adjusted EBITDA also decreased by approximately 11% to $102.1 million, reflecting the impact of rising operational costs. Ferrellgas remains confident in its strategic direction and operational strength as it approaches the next fiscal year.