STOCK TITAN

Ugi Corp - UGI STOCK NEWS

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

Company Overview

UGI Corporation is a diversified American holding company engaged in the distribution, storage, transportation, and marketing of energy products and related services. With operations spanning both domestic and international markets, the company plays a significant role in the energy sector by addressing the intricate needs of energy supply chains. Using industry-specific terminology and a balanced portfolio, UGI integrates propane distribution, regulated utility services, midstream operations, and energy commerce to create a comprehensive service model.

Business Segments and Operations

UGI Corporation’s operations are segmented into several key business areas which include:

  • Propane Distribution: Under its AmeriGas Propane and International Propane segments, UGI delivers liquefied petroleum gases (LPG) including propane and butane. These segments focus on efficient distribution and storage solutions tailored to both residential and commercial markets.
  • Utilities: The company’s regulated utilities segment encompasses the delivery of natural gas and electricity through established, regulated local distribution systems. This division emphasizes reliable service delivery and robust infrastructure management, ensuring consistent operational performance.
  • Midstream & Marketing: UGI manages and markets energy commodities and services through midstream assets. This segment is instrumental in bridging the gap between production and end-use, handling the complex logistics of energy transportation, storage, and regional marketing.
  • Energy Services: Complementing its core energy distribution, the company provides a suite of technical services including heating, ventilation, air conditioning, refrigeration, and electrical contracting services. These offerings underscore UGI’s commitment to comprehensive energy solutions.

Industry Position and Competitive Landscape

Operating within the competitive energy sector, UGI Corporation distinguishes itself through a diversified asset base and a well-structured business model that spans multiple facets of energy distribution and management. By maintaining a balanced mix of regulated utilities and market-driven commodities, the company ensures stability in its revenue sources. Its presence in both domestic and international markets further enables UGI to mitigate regional volatility while capitalizing on varied energy demands.

Operational Excellence and Market Significance

UGI leverages its robust network of subsidiaries to achieve operational excellence. The company’s strategic emphasis on safe energy storage, efficient logistics, and targeted market marketing serves as proof of its deep industry expertise. The integration of advanced technologies and regulatory compliance measures demonstrates a proactive approach in addressing the complexities of the energy market. In doing so, UGI not only manages the essential distribution channels but also builds a resilient framework that supports its diversified operations.

Expert Analysis

From an analytical perspective, UGI Corporation’s multifaceted business model is notable for its logical segmentation of services which caters both to routine energy needs and specialized market requirements. The deliberate focus on both regulated utility services and energy commodity handling reflects an understanding of the market dynamics where reliability and adaptability are paramount. By harnessing its integrated approach, UGI serves as an illustrative case study of how diversified energy companies can maintain relevance in complex and evolving industry landscapes.

Conclusion

Overall, UGI Corporation stands out as a balanced entity in the energy distribution landscape, adeptly combining regulated services with dynamic, market-driven operations. Its commitment to operational integrity, coupled with a strategic diversification model, underlines the company’s value in the broader energy network. Investors and industry analysts recognize UGI for its coherent structure and unwavering focus on delivering efficient energy solutions through its comprehensive suite of services.

Rhea-AI Summary

UGI (NYSE: UGI) announced the final unsuccessful remarketing of its 0.125% Series A Cumulative Perpetual Convertible Preferred Stock. The preferred stock has a liquidation preference of $1,000 per share and was originally issued as part of the company's corporate units on May 25, 2021. The company revealed that 2,200,000 corporate units are outstanding, each consisting of one purchase contract and a 10% undivided beneficial interest in one share of convertible preferred stock. Each holder of a corporate unit will receive 2.2973 shares of UGI common stock, with cash paid for any fractional shares. The settlement rate was based on the volume-weighted average price of UGI's common stock over the 20 trading days ending May 30, 2024. The settlement of the purchase contracts is expected around June 3, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
none
-
Rhea-AI Summary

UGI (NYSE: UGI) announced the final remarketing period for its 0.125% Series A Cumulative Perpetual Convertible Preferred Stock. The period starts on May 23, 2024, and ends on May 30, 2024. The Convertible Preferred Stock has a liquidation preference of $1,000 per share. The Company issued this stock as part of its equity units in May 2021. There is no guarantee of successful remarketing during this period.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
none
-
News
Rhea-AI Summary

UGI (NYSE: UGI) has announced a quarterly dividend of $0.375 per share for common stock shareholders, payable on July 1, 2024. The company has a history of paying dividends for 140 consecutive years.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.41%
Tags
dividends
Rhea-AI Summary

UGI reported strong financial results for the fiscal quarter ended March 31, 2024, with GAAP diluted EPS of $2.30 and adjusted diluted EPS of $1.97. The Board concluded the strategic review of its LPG businesses, focusing on AmeriGas Propane, and decided to retain ownership. The company aims for a long-term EPS growth rate of 4-6% and affirmed its commitment to return value to shareholders through dividend payments. UGI reaffirmed its fiscal 2024 adjusted diluted EPS guidance range of $2.70 - $3.00 per share.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.41%
Tags
-
Rhea-AI Summary
UGI (NYSE: UGI) will reveal its second fiscal quarter earnings on May 1, 2024, through a live webcast on May 2, 2024. Interested parties can access the webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
-
Rhea-AI Summary
UGI Corporation (NYSE: UGI) reported strong financial results for the fiscal quarter ended December 31, 2023, with a Q1 GAAP diluted EPS of $0.44 and adjusted diluted EPS of $1.20. The reportable segments earnings before interest expense and income taxes1 (EBIT) was $425 million, showing a 3.4% increase from the prior-year period. The company also achieved a 77% increase in EBIT from UGI International, due to the continued exit of the non-core energy marketing business, higher LPG volumes, and increased unit margins. UGI Corporation maintained a strong liquidity of approximately $1.5 billion as of December 31, 2023, and received approval for a gas rate case in West Virginia, allowing for a $13.9 million annual distribution rate increase. However, AmeriGas experienced a decline in its year-over-year financial results, prompting the need for renewed focus on execution. The company's strategic priorities include delivering reliable earnings growth, returning cash to shareholders through dividends, achieving sustainable cost savings, and strengthening the balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.37%
Tags
News
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.37%
Tags
dividends
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
Tags
management
News
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.83%
Tags

FAQ

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

The current stock price of Ugi (UGI) is $33.71 as of April 2, 2025.

What is the market cap of Ugi (UGI)?

The market cap of Ugi (UGI) is approximately 7.2B.

What is the core business of UGI Corporation?

UGI Corporation is a diversified holding company engaged in the distribution, storage, transportation, and marketing of energy products including propane, natural gas, and electricity.

Which business segments does UGI operate in?

UGI operates through several segments such as propane distribution, regulated utility services, midstream operations, and energy services including HVAC and electrical contracting.

How does UGI generate revenue?

The company generates revenue through its diversified portfolio, combining income from propane and LPG distribution, regulated natural gas and electric utilities, and midstream commodity operations.

What distinguishes UGI Corporation from its competitors?

UGI stands out due to its well-diversified business model, robust regulated utility services, and its strategic integration of midstream operations and energy service offerings, ensuring operational balance.

Does UGI Corporation operate internationally?

Yes, UGI Corporation operates internationally through its LPG distribution subsidiaries, effectively managing both domestic and global energy market challenges.

What role does midstream operations play in UGI's business model?

Midstream operations in UGI's business model handle the logistics, storage, and marketing of energy commodities, acting as a critical bridge between production and end-use distribution.

How are UGI's utility services structured?

UGI’s utility services include the regulated distribution of natural gas and electricity, ensuring a reliable supply through established local distribution networks and robust infrastructure management.

How does UGI manage energy-related risks?

UGI mitigates energy-related risks by maintaining a diversified asset base, operating across multiple market segments, and leveraging strategic subsidiaries to stabilize its operational framework.
Ugi Corp

NYSE:UGI

UGI Rankings

UGI Stock Data

7.20B
214.58M
0.11%
93.74%
6.53%
Utilities - Regulated Gas
Gas & Other Services Combined
Link
United States
KING OF PRUSSIA