UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.5 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,800 propane distribution locations; and sells, installs, and services propane appliances, including heating systems and propane-powered generators. The company also distributes liquefied petroleum gases (LPG) to residential, commercial, industrial, agricultural, wholesale and automobile fuel customers; and provides logistics, storage, and other services to third-party LPG distributors. In addition, it engages in the retail sale of natural gas, liquid fuels, and electricity to approximately 14,000 residential, commercial, and industrial customers at 45,000 locations. Further, the company distributes natural gas to approximately 670,000 customers in the portions of 46 eastern and central Pennsylvania counties through its distribution system of 12,300 miles of gas mains; and supplies electricity to approximately 62,500 customers in northeastern Pennsylvania through 2,500 miles of lines and 14 substations. Additionally, it operates electric generation facilities, which include coal-fired, landfill gas-fueled, solar-powered, and natural gas-fueled facilities; a natural gas liquefaction, storage, and vaporization facility; propane storage and propane-air mixing stations; and rail transshipment terminals. It also manages natural gas pipeline and storage contracts; develops, owns, and operates pipelines, gathering infrastructure, and gas storage facilities. UGI Corporation was founded in 1882 and is headquartered in King of Prussia, Pennsylvania.
IPO Year:
Exchange: NYSE
Website: ugicorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | $28.00 | Buy | Jefferies |
| 11/15/2024 | $27.00 → $30.00 | Neutral → Outperform | Mizuho |
| 3/14/2024 | $27.00 → $28.00 | Overweight → Equal Weight | Wells Fargo |
| 8/28/2023 | $28.00 → $27.00 | Equal Weight → Overweight | Wells Fargo |
| 4/26/2023 | $38.00 | Neutral | Mizuho |
| 1/18/2023 | $36.00 → $39.00 | Equal Weight → Underweight | Barclays |
| 11/23/2022 | $43.00 → $41.00 | Neutral → Underperform | BofA Securities |
| 3/7/2022 | $46.00 → $38.00 | Buy → Neutral | B of A Securities |
| 10/20/2021 | $46.00 | Equal-Weight | Wells Fargo |
| 6/23/2021 | $51.00 | Neutral → Buy | BofA Securities |
3 - UGI CORP /PA/ (0000884614) (Issuer)
4 - UGI CORP /PA/ (0000884614) (Issuer)
3 - UGI CORP /PA/ (0000884614) (Issuer)
4 - UGI CORP /PA/ (0000884614) (Issuer)
4 - UGI CORP /PA/ (0000884614) (Issuer)
4 - UGI CORP /PA/ (0000884614) (Issuer)
4 - UGI CORP /PA/ (0000884614) (Issuer)
4 - UGI CORP /PA/ (0000884614) (Issuer)
4 - UGI CORP /PA/ (0000884614) (Issuer)
4 - UGI CORP /PA/ (0000884614) (Issuer)
Jefferies initiated coverage of UGI Corp with a rating of Buy and set a new price target of $28.00
Mizuho upgraded UGI Corp from Neutral to Outperform and set a new price target of $30.00 from $27.00 previously
Wells Fargo downgraded UGI Corp from Overweight to Equal Weight and set a new price target of $28.00 from $27.00 previously
Wells Fargo upgraded UGI Corp from Equal Weight to Overweight and set a new price target of $27.00 from $28.00 previously
Mizuho initiated coverage of UGI Corp with a rating of Neutral and set a new price target of $38.00
Barclays downgraded UGI Corp from Equal Weight to Underweight and set a new price target of $39.00 from $36.00 previously
BofA Securities downgraded UGI Corp from Neutral to Underperform and set a new price target of $41.00 from $43.00 previously
B of A Securities downgraded UGI from Buy to Neutral and set a new price target of $38.00 from $46.00 previously
Wells Fargo initiated coverage of UGI with a rating of Equal-Weight and set a new price target of $46.00
BofA Securities upgraded UGI Corp from Neutral to Buy and set a new price target of $51.00
UGI Corporation (NYSE:UGI) today reported financial results for the fiscal quarter ended March 31, 2025. HIGHLIGHTS Q2 GAAP diluted EPS of $2.19 and adjusted diluted EPS of $2.21 compared to GAAP diluted EPS of $2.30 and adjusted diluted EPS of $1.97 in the prior-year period. Year-to-date GAAP diluted EPS of $3.93 and adjusted diluted EPS of $3.58 compared to GAAP diluted EPS of $2.74 and adjusted diluted EPS of $3.16 in the prior-year period. Year-to-date reportable segments earnings before interest expense and income taxes1 ("EBIT") of $1,112 million compared to $1,073 million in the prior-year period. Available liquidity of approximately $1.9 billion as of March 31, 2025. Incr
The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of the Company's common stock, marking the 141st consecutive year of paying common dividends. The dividend is payable July 1, 2025, to shareholders of record as of June 16, 2025. About UGI UGI Corporation (NYSE:UGI) is a distributor and marketer of energy products and services in the US and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distrib
UGI Corporation (NYSE: UGI) will announce its Fiscal 2025 second quarter results after the market closes on May 7, 2025. The company will hold a live internet audio webcast of its conference call to discuss these results at 9:00 AM ET on Thursday, May 8. Interested parties may listen to the audio webcast both live and in replay on the Internet at https://www.ugicorp.com/investors/financial-reports/events-and-presentations or by visiting the company website https://www.ugicorp.com and clicking on "Investors" and then "Events and Presentations." About UGI UGI Corporation (NYSE:UGI) is a distributor and marketer of energy products and services in the U.S. and Europe. UGI offers safe, reliabl
UGI Corporation (NYSE:UGI) today reported financial results for the fiscal quarter ended December 31, 2024. HIGHLIGHTS Q1 GAAP diluted EPS of $1.74 and adjusted diluted EPS of $1.37 compared to GAAP diluted EPS of $0.44 and adjusted diluted EPS of $1.20 in the prior-year period. Q1 reportable segments earnings before interest expense and income taxes1 ("EBIT") of $420 million compared to $425 million in the prior-year period. Available liquidity of approximately $1.5 billion as of December 31, 2024. Filed a gas base rate case for UGI Utilities with the PA Public Utility Commission on January 27, 2025, requesting an overall distribution rate increase of approximately $110 milli
The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of the Company's common stock. The dividend is payable April 1, 2025, to shareholders of record as of March 17, 2025. About UGI UGI Corporation (NYSE:UGI) is a distributor and marketer of energy products and services in the US and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distribution and marketing, and energy marketing services. Compreh
UGI Corporation (NYSE: UGI) will announce its Fiscal 2025 first quarter results after the market closes on February 5, 2025. The company will hold a live internet audio webcast of its conference call to discuss these results at 9:00 AM ET on Thursday, February 6. Interested parties may listen to the audio webcast both live and in replay on the Internet at https://www.ugicorp.com/investors/financial-reports/events-and-presentations or by visiting the company website https://www.ugicorp.com and clicking on "Investors" and then "Events and Presentations." About UGI UGI Corporation (NYSE:UGI) is a distributor and marketer of energy products and services in the U.S. and Europe. UGI offers
Issues Fiscal 2025 Guidance UGI Corporation (NYSE:UGI) today reported financial results for the fiscal year ended September 30, 2024 and provided guidance for fiscal year 2025. HEADLINES GAAP net income of $269 million and adjusted net income of $658 million compared to GAAP net loss of $(1,502) million and adjusted net income of $613 million in the prior year. GAAP diluted earnings per share ("EPS") of $1.25 and adjusted diluted EPS of $3.06 compared to GAAP diluted (loss) EPS of $(7.16) and adjusted diluted EPS of $2.84 in the prior year. Solid growth in reportable segments earnings before interest expense and income tax1 ("EBIT"), delivering $1,178 million compared to $1,158
The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of the Company's common stock. The dividend is payable January 1, 2025, to shareholders of record as of December 16, 2024. About UGI UGI Corporation (NYSE:UGI) is a distributor and marketer of energy products and services in the US and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distribution and marketing, and energy marketing services. Comp
UGI Corporation (NYSE:UGI) will announce the results of its fiscal year 2024 earnings after the market closes on November 21, 2024. The company will hold a live internet audio webcast of its conference call to discuss the fiscal year 2024 results, its financial outlook and other business updates at 9:00 AM ET on Friday, November 22. Interested parties may listen to the audio webcast both live and in replay on the Internet at https://www.ugicorp.com/investors/financial-reports/events-and-presentations or by visiting the company website https://www.ugicorp.com and clicking on "Investors" and then "Events and Presentations." About UGI UGI Corporation (NYSE:UGI) is a distributor and marketer
UGI Corporation (NYSE:UGI) today reported financial results for the fiscal quarter ended June 30, 2024. HIGHLIGHTS Q3 GAAP diluted EPS of $(0.23) and adjusted diluted EPS of $0.06 compared to GAAP diluted EPS of $(3.76) and adjusted diluted EPS of $0.00 in the prior-year period. Year-to-date GAAP diluted EPS of $2.52 and adjusted diluted EPS of $3.22 compared to GAAP diluted EPS of $(7.78) and adjusted diluted EPS of $2.81 in the prior-year period. Year-to-date reportable segments earnings before interest expense and income taxes1 ("EBIT") of $1,185 million compared to $1,076 million in the prior-year period. Solid third quarter results largely reflecting a $38 million year-ov
8-K - UGI CORP /PA/ (0000884614) (Filer)
8-K - UGI CORP /PA/ (0000884614) (Filer)
8-K - UGI CORP /PA/ (0000884614) (Filer)
8-K - UGI CORP /PA/ (0000884614) (Filer)
10-Q - UGI CORP /PA/ (0000884614) (Filer)
8-K - UGI CORP /PA/ (0000884614) (Filer)
8-K - UGI CORP /PA/ (0000884614) (Filer)
8-K - UGI CORP /PA/ (0000884614) (Filer)
SCHEDULE 13G - UGI CORP /PA/ (0000884614) (Subject)
10-Q - UGI CORP /PA/ (0000884614) (Filer)
SC 13G/A - UGI CORP /PA/ (0000884614) (Subject)
SC 13G/A - UGI CORP /PA/ (0000884614) (Subject)
SC 13G/A - UGI CORP /PA/ (0000884614) (Subject)
SC 13G/A - UGI CORP /PA/ (0000884614) (Subject)
SC 13G/A - UGI CORP /PA/ (0000884614) (Subject)
SC 13G/A - UGI CORP /PA/ (0000884614) (Subject)
SC 13G/A - UGI CORP /PA/ (0000884614) (Subject)
SC 13G/A - UGI CORP /PA/ (0000884614) (Subject)
SC 13G/A - UGI CORP /PA/ (0000884614) (Subject)
SC 13G - UGI CORP /PA/ (0000884614) (Subject)
UGI Corporation (NYSE: UGI) announced today that its subsidiaries, AmeriGas Partners, L.P. ("AmeriGas Partners") and AmeriGas Finance Corp., (together with AmeriGas Partners, the "Offerors") have received, as of 5:00 p.m., New York City time, on May 27, 2025 (the "Expiration Time"), tenders from holders of $553,275,000 in aggregate principal amount (excluding tenders through guaranteed delivery procedures), representing approximately 83.3%, of the Offerors' 5.875% Senior Notes due 2026 (CUSIP: 030981 AJ3) (the "2026 Notes"), in connection with its previously announced tender offer (the "Tender Offer"), which commenced on May 20, 2025 and is described in the Offer to Purchase, dated May 20,
UGI Corporation (NYSE:UGI) announced today that its subsidiaries, AmeriGas Partners, L.P. ("AmeriGas Partners") and AmeriGas Finance Corp. (together with AmeriGas Partners, the "Issuers") priced their offering of $550,000,000 in aggregate principal amount of 9.500% senior notes due 2030 (the "Notes") in an offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States in compliance with Regulation S under the Securities Act. The Issuers intend to use the net proceeds from the offering, together with cash on hand and other sources of liquidity at the Issuers
UGI Corporation (NYSE:UGI) announced today that its subsidiaries, AmeriGas Partners, L.P. ("AmeriGas Partners") and AmeriGas Finance Corp. (together with AmeriGas Partners, the "Issuers"), intend to offer, subject to market and other conditions, $550,000,000 in aggregate principal amount of senior notes due 2030 (the "Notes") in an offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States in compliance with Regulation S under the Securities Act. The Issuers intend to use the net proceeds from the offering, together with cash on hand and other sources o
UGI Corporation (NYSE:UGI) announced today that its subsidiaries, AmeriGas Partners, L.P. ("AmeriGas Partners") and AmeriGas Finance Corp., (together with AmeriGas Partners, the "Offerors") have commenced an offer to purchase for cash any and all of the Offerors' outstanding 5.875% Senior Notes due 2026 (the "2026 Notes"), upon terms and subject to the conditions set forth in the Offer to Purchase, dated May 20, 2025, and the related Letter of Transmittal and Notice of Guaranteed Delivery (the "Offer"). 2026 Notes validly tendered and not validly withdrawn at or prior to 5 p.m. New York City time on May 27, 2025 (the "Expiration Date") will be eligible to receive a purchase price of $1,010
UGI Corporation (NYSE:UGI) today reported financial results for the fiscal quarter ended March 31, 2025. HIGHLIGHTS Q2 GAAP diluted EPS of $2.19 and adjusted diluted EPS of $2.21 compared to GAAP diluted EPS of $2.30 and adjusted diluted EPS of $1.97 in the prior-year period. Year-to-date GAAP diluted EPS of $3.93 and adjusted diluted EPS of $3.58 compared to GAAP diluted EPS of $2.74 and adjusted diluted EPS of $3.16 in the prior-year period. Year-to-date reportable segments earnings before interest expense and income taxes1 ("EBIT") of $1,112 million compared to $1,073 million in the prior-year period. Available liquidity of approximately $1.9 billion as of March 31, 2025. Incr
The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of the Company's common stock, marking the 141st consecutive year of paying common dividends. The dividend is payable July 1, 2025, to shareholders of record as of June 16, 2025. About UGI UGI Corporation (NYSE:UGI) is a distributor and marketer of energy products and services in the US and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distrib
UGI Corporation (NYSE: UGI) will announce its Fiscal 2025 second quarter results after the market closes on May 7, 2025. The company will hold a live internet audio webcast of its conference call to discuss these results at 9:00 AM ET on Thursday, May 8. Interested parties may listen to the audio webcast both live and in replay on the Internet at https://www.ugicorp.com/investors/financial-reports/events-and-presentations or by visiting the company website https://www.ugicorp.com and clicking on "Investors" and then "Events and Presentations." About UGI UGI Corporation (NYSE:UGI) is a distributor and marketer of energy products and services in the U.S. and Europe. UGI offers safe, reliabl
UGI Corporation (NYSE: UGI) announced today that Julie Fazio has been appointed as President of UGI International, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250310794071/en/UGI Corporation Names Julie Fazio as President of UGI International (Photo: Business Wire) Ms. Fazio joined UGI International in September 2022 as Vice President of Supply. In December 2023, she was appointed Vice President of Region West with overall responsibility for the LPG businesses located in France and Belgium, alongside her prior role leading the European supply function. Prior to joining UGI International, Ms. Fazio held s
UGI Corporation (NYSE:UGI) today reported financial results for the fiscal quarter ended December 31, 2024. HIGHLIGHTS Q1 GAAP diluted EPS of $1.74 and adjusted diluted EPS of $1.37 compared to GAAP diluted EPS of $0.44 and adjusted diluted EPS of $1.20 in the prior-year period. Q1 reportable segments earnings before interest expense and income taxes1 ("EBIT") of $420 million compared to $425 million in the prior-year period. Available liquidity of approximately $1.5 billion as of December 31, 2024. Filed a gas base rate case for UGI Utilities with the PA Public Utility Commission on January 27, 2025, requesting an overall distribution rate increase of approximately $110 milli
The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of the Company's common stock. The dividend is payable April 1, 2025, to shareholders of record as of March 17, 2025. About UGI UGI Corporation (NYSE:UGI) is a distributor and marketer of energy products and services in the US and Europe. UGI offers safe, reliable, affordable, and sustainable energy solutions to customers through its subsidiaries, which provide natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, renewable natural gas generation, distribution and marketing, and energy marketing services. Compreh
4 - UGI CORP /PA/ (0000884614) (Issuer)
UGI Corporation (NYSE: UGI) announced today that Michael Sharp has been appointed as President of AmeriGas Propane, effective December 30, 2024. "I am pleased to welcome Michael to AmeriGas, and I look forward to our reuniting and working closely together to drive performance in the business," said Bob Flexon, President & CEO of UGI Corporation. "Having worked closely with Mike before, I am very familiar with his leadership capabilities, his thoughtful approach to business, and his ability to embrace and drive change that leads to performance. Mike's experience in physical and financial commodity management, hands on operations, and driving an operating culture will be of significant valu
UGI Corporation (NYSE:UGI) announced that UGI's Board of Directors appointed Robert C. Flexon as President and Chief Executive Officer, effective November 1, 2024. Mr. Flexon will replace Mario Longhi, UGI's Chair who has served as Interim President and Chief Executive Officer since December 2023. Mr. Longhi will be resuming his role as an independent director and will serve as non-executive chair of UGI's Board of Directors. In addition to his role as President and Chief Executive Officer, Mr. Flexon will serve on the Company's Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241015234263/en/UGI Names Robert Fl
UGI Corporation (NYSE:UGI) announced today that Melanie Ruiz and David Bingenheimer were appointed as directors of UGI Corporation, effective November 1, 2024. Ms. Ruiz serves as Chief Information and Technology Officer for ABM Industries (NYSE:ABM), a position she has held since joining ABM in 2020. ABM is one of the world's largest providers of integrated facility solutions that includes janitorial, engineering, parking, electrical & lighting, energy solutions, HVAC & mechanical, landscape & turf, and mission critical solutions. Ms. Ruiz's responsibilities at ABM Industries include leading ABM's enterprise-wide technology strategy and operations as well as ABM's robust cybersecurity and
Mario Longhi Appointed Interim CEO Roger Perreault to Step Down as President and Chief Executive Officer Company Reaffirms Fiscal 2024 Guidance Previously Announced Strategic Alternatives Review Process Ongoing UGI Corporation (NYSE:UGI) (the "Company") announced today that Mario Longhi, incoming Chair of the Board of Directors, has been named interim Chief Executive Officer. Roger Perreault has stepped down as President and Chief Executive Officer and as a member of the Board, effective immediately. "I have worked closely with Mario over the years in our capacity as directors and am confident in his ability to lead UGI on an interim basis," said Frank Hermance, Chairman of the Bo
UGI Corporation (NYSE:UGI) announced today that Jason Rich has been appointed Vice President and Treasurer, effective immediately. Rich joined UGI in 2015 and most recently served as Assistant Treasurer where he was responsible for debt capital markets, cash management, foreign exchange and interest rate risk management, bank relationships, revolving credit facilities and rating agency relationships. Prior to joining UGI, Rich served in various treasury and finance roles of progressing responsibility at Wawa, Inc., Sunoco Logistics, and Sunoco, Inc. Rich holds a Bachelor of Science in Business Administration from Drexel University and a Master of Business Administration from Villanova U
UGI Corporation (NYSE:UGI) announced today that Kathleen Shea Ballay has been appointed General Counsel and Chief Legal Officer, UGI Corporation effective on June 12. Monica Gaudiosi is retiring as UGI's Vice President, General Counsel, and Secretary, but will remain with the Company until mid-July to assist with the transition. "I want to express my deepest appreciation for Monica's dedication to the Company and the legal expertise and guidance that she has provided during her tenure," said Roger Perreault, UGI's President and CEO. "Under Monica's leadership, our legal function has effectively supported a broad range of projects, including M&A activity, transformation initiatives, and ot
UGI Corporation (NYSE:UGI) announced today that Sean P. O'Brien will succeed Ted Jastrzebski as Chief Financial Officer (CFO), effective on April 11. Jastrzebski has announced his intent to retire but will remain with the Company until early June to complete key projects and ensure a smooth transition. "I want to express my deepest appreciation for the many contributions Ted has made to UGI since he joined in 2018," said Roger Perreault, UGI's President and CEO. "He has helped us build a stronger and more efficient Finance function, successfully drove strategic productivity and efficiency initiatives across the organization, enhanced our investor relations capabilities, and has been a grea
UGI Corporation (NYSE:UGI) announced today that James B. Stallings, Jr. will resign from the UGI Board of Directors for personal reasons effective March 31, 2023. Frank S. Hermance, Chair of UGI's Board of Directors, stated, "On behalf of the entire UGI Board, I would like to thank Jim for his valuable insights, perspective and commitment during his service as a member of the Board. As a director since 2015, Jim has been a thoughtful and effective contributor to the continuing success of the Company. He will be missed." Roger Perreault, UGI's President and CEO, commented, "Speaking for management, Jim has generously shared his broad range of experience and expertise in his role as a direc
UGI Corporation (NYSE:UGI) announced today that Robert F. Beard has been appointed Chief Operations Officer (COO) reporting to UGI's President and Chief Executive Officer, Roger Perreault, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221201005290/en/Robert F. Beard (Photo: Business Wire) "Bob has a long history of success at UGI and deep institutional knowledge of our Company," said Perreault. "He understands our vision and, as part of our Executive Leadership Team, has been instrumental in shaping our strategic priorities. The appointment of Bob as COO is an important next step in our evolution toward a
UGI Corporation (NYSE:UGI) announced today that John L. Walsh will retire from the UGI Board at the annual meeting of shareholders to be held in January 2023. Frank S. Hermance, UGI's Chair of the Board of Directors, stated, "On behalf of the entire UGI Board, I would like to thank John for his guidance, leadership and many years of dedicated service as an executive and as a member of the Board. We are particularly grateful to John for ensuring a smooth and successful CEO transition to Roger Perreault and his thoughtful contributions in the boardroom. While we will miss John's valuable insights, we wish him a happy and healthy retirement." Roger Perreault, UGI's President and CEO, comment