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UGI Corp. - UGI STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect UGI's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of UGI's position in the market.

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
earnings
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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
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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
earnings
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
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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
earnings
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News
Rhea-AI Summary
UGI Corporation (NYSE: UGI) Declares Quarterly Dividend and Continues 139-Year Dividend Payment Streak
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.83%
Tags
dividends
Rhea-AI Summary
UGI Corporation appoints Jason Rich as Vice President and Treasurer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
management
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Rhea-AI Summary
UGI Corporation to announce fiscal year 2023 earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
earnings
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Rhea-AI Summary
UGI Corporation announces retirement of Frank S. Hermance from Board and nomination of Mario Longhi as Chair of the Board
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
management
Rhea-AI Summary
Santiago Seage elected as a director of UGI Corporation
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
management
UGI Corp.

NYSE:UGI

UGI Rankings

UGI Stock Data

5.06B
208.26M
0.43%
84.61%
1.82%
Natural Gas Distribution
Utilities
Link
US
King Of Prussia

About UGI

ugi corporation (the “company”) is a holding company that, through subsidiaries, distributes, stores, transports and markets energy products and related services. we are a domestic and international retail distributor of propane and butane (which are liquefied petroleum gases (“lpg”)); a provider of natural gas and electric service through regulated local distribution utilities; a generator of electricity; a regional marketer of energy commodities; an owner and manager of midstream assets; and a regional provider of heating, ventilation, air conditioning, refrigeration and electrical contracting services. our subsidiaries and affiliates operate principally in the following six business segments: • amerigas propane • international propane - antargaz • international propane - flaga & other • energy services • electric generation • gas utility ugi corporation (nyse:ugi) is a fortune 500 company that provides investors with a balanced growth and income vehicle. ugi has paid common dividend