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UGI Corporation - UGI STOCK NEWS

Welcome to our dedicated page for UGI Corporation news (Ticker: UGI), a resource for investors and traders seeking the latest updates and insights on UGI Corporation stock.

UGI Corporation (NYSE: UGI) is a diversified energy holding company that, through its subsidiaries, distributes, stores, transports, and markets energy products and related services. The company operates across several sectors, providing a comprehensive range of energy solutions to a broad customer base both domestically and internationally. UGI’s core business segments include AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities.

AmeriGas Propane is the largest retail propane distributor in the United States, catering to millions of residential, commercial, industrial, agricultural, and motor fuel customers. This segment ensures the safe and efficient delivery of propane, enhancing energy accessibility.

UGI International operates in various countries, distributing liquefied petroleum gases (LPG) such as propane and butane through its Antargaz and Flaga brands. This segment is crucial for providing reliable energy solutions to international markets and drives a significant portion of UGI’s revenue.

Midstream & Marketing encompasses the management of midstream assets and energy marketing activities. This includes the transportation, storage, and marketing of natural gas, electricity, and liquid fuels, ensuring a stable and efficient supply chain.

UGI Utilities includes regulated natural gas and electric distribution operations. Serving over 700,000 customers in Pennsylvania and West Virginia, this segment is dedicated to delivering safe, reliable, and affordable energy services to residential, commercial, and industrial users.

Notable Achievements include UGI’s consistent performance as a Fortune 500 company and its commitment to paying common dividends to its investors. The company’s strategic acquisitions and partnerships have continuously expanded its operational footprint and service capabilities.

UGI Corporation is committed to sustainability and innovation. Current projects focus on enhancing energy efficiency, reducing carbon emissions, and exploring renewable energy sources. These initiatives align with global trends towards environmentally friendly energy solutions.

Financially, UGI remains robust, with a balanced growth and income approach. The company's diversified portfolio ensures stability and resilience in the volatile energy market.

In summary, UGI Corporation is a significant player in the energy sector, dedicated to providing diverse energy solutions while emphasizing sustainability and innovation. Investors and stakeholders can rely on UGI’s consistent performance and commitment to growth.

News
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UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of the Company’s common stock, payable on April 1, 2024. The Board of Directors also declared a quarterly dividend of 0.125% per annum, payable in cash, on the Company’s convertible preferred stock. UGI has a strong track record of paying common dividends for 139 consecutive years and raising its dividend in each of the last 36 years.
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UGI Corporation (UGI) will release its first fiscal quarter earnings on January 31, 2024, followed by a live internet audio webcast on February 1 at 9:00 AM ET to discuss the results and current activities. Interested parties can listen to the webcast live or in replay on the company's website.
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UGI Corporation (NYSE: UGI) announced the appointment of Mario Longhi as interim CEO, succeeding Roger Perreault. The company is undergoing a strategic review process to unlock shareholder value. Longhi, a former CEO of United States Steel Corporation, will lead the company during the CEO search process and the ongoing strategic review. UGI also reaffirms its fiscal year 2024 guidance of adjusted EPS in the range of $2.70 - $3.00 per diluted share.
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UGI Corporation (NYSE: UGI) issued fiscal 2024 guidance, reporting a GAAP net loss of $(1,502) million and adjusted net income of $613 million. The company's GAAP diluted (loss) earnings per share were $(7.16) and adjusted diluted EPS of $2.84. UGI Corporation provided an adjusted EPS guidance range of $2.70 - $3.002 for the fiscal year ending September 30, 2024. The company also highlighted strategic accomplishments, including record earnings at the Utilities and Midstream & Marketing segments and significant capital deployment to renewable energy projects.
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UGI Corporation (NYSE: UGI) Declares Quarterly Dividend and Continues 139-Year Dividend Payment Streak
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UGI Corporation appoints Jason Rich as Vice President and Treasurer.
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UGI Corporation to announce fiscal year 2023 earnings
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UGI Corporation announces retirement of Frank S. Hermance from Board and nomination of Mario Longhi as Chair of the Board
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Santiago Seage elected as a director of UGI Corporation
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UGI Corporation initiates strategic review to unlock shareholder value and reduce earnings volatility. Engages Goldman Sachs & J.P. Morgan as advisors.
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FAQ

What is the current stock price of UGI Corporation (UGI)?

The current stock price of UGI Corporation (UGI) is $28.5 as of November 22, 2024.

What is the market cap of UGI Corporation (UGI)?

The market cap of UGI Corporation (UGI) is approximately 6.0B.

What does UGI Corporation do?

UGI Corporation distributes, stores, transports, and markets energy products and services through its various business segments.

What are the main business segments of UGI Corporation?

UGI Corporation operates through AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities.

Where does UGI Corporation operate?

UGI Corporation operates both domestically in the United States and internationally through its various subsidiaries and affiliates.

What is AmeriGas Propane?

AmeriGas Propane is the largest retail propane distributor in the U.S., serving residential, commercial, industrial, agricultural, and motor fuel customers.

How does UGI International contribute to UGI Corporation?

UGI International distributes liquefied petroleum gases (LPG) like propane and butane in various international markets, generating significant revenue for the company.

What services are included in UGI's Midstream & Marketing segment?

This segment includes the transportation, storage, and marketing of natural gas, electricity, and liquid fuels, managing midstream assets to ensure efficient energy delivery.

What is UGI Utilities?

UGI Utilities provides regulated natural gas and electric distribution services to over 700,000 customers in Pennsylvania and West Virginia.

What recent achievements has UGI Corporation made?

UGI Corporation continuously performs as a Fortune 500 company and remains committed to paying common dividends. It has also strategically expanded through acquisitions and partnerships.

What sustainability initiatives does UGI Corporation have?

UGI focuses on energy efficiency, reducing carbon emissions, and exploring renewable energy sources as part of its sustainability and innovation efforts.

How does UGI Corporation ensure financial stability?

UGI maintains a balanced growth and income approach, supported by a diversified portfolio that provides stability in the volatile energy market.

UGI Corporation

NYSE:UGI

UGI Rankings

UGI Stock Data

5.98B
213.79M
0.42%
86.71%
3.4%
Utilities - Regulated Gas
Gas & Other Services Combined
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