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Market Cap: $8.06B

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UGI Corporation

UGI
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Company Profile

UGI Corporation functions as a comprehensive energy company, actively involved in the distribution, storage, transportation, and marketing of various energy products, alongside offering related services. Its operational footprint extends across both the United States and international markets. The company's diverse activities are structured into four primary segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. Through an expansive network comprising 1,600 distribution points, UGI supplies propane to approximately 1.4 million customers, including residential, commercial/industrial, motor fuel, agricultural, and wholesale clients. In addition to propane, it also distributes liquefied petroleum gases (LPG) to a similarly broad customer base and provides crucial logistics, storage, and support services to third-party LPG distributors. The company is also engaged in the retail sale of natural gas, liquid fuels, and electricity, serving about 12,600 residential and business customers across 42,400 individual locations. Within Pennsylvania, UGI's utility division delivers natural gas to roughly 672,000 customers in the eastern and central regions via an extensive 12,400-mile system of gas mains. It further supplies electricity to approximately 62,500 customers in northeastern Pennsylvania, utilizing 2,600 miles of power lines and 14 substations. UGI's robust infrastructure includes various electricity generation facilities powered by coal, landfill gas, solar, and natural gas. It also operates a natural gas liquefaction, storage, and vaporization complex; facilities for propane storage and propane-air blending; and rail transshipment terminals. Complementing these assets, the company manages natural gas pipeline and storage contracts, while also developing, owning, and operating its own pipelines, gathering infrastructure, and gas storage facilities. UGI Corporation was established in 1991 and is headquartered in King of Prussia, Pennsylvania.

Recently from Cashu

UGI Exits Electric Division, Focuses on Natural Gas Infrastructure and Online Sales Growth

UGI Exits Electric Division, Focuses on Natural Gas Infrastructure and Online Sales Growth

UGI (Ticker: UGI) is navigating a pivotal change by exiting its electric division to sharpen its focus on natural gas infrastructure and expanding online sales. This decision reflects a deliberate str…

Cashu Markets·2 months ago
UGI Shifts Focus to Natural Gas and Online Sales Amid Energy Transition Strategies

UGI Shifts Focus to Natural Gas and Online Sales Amid Energy Transition Strategies

UGI Corporation (Ticker: UGI) strategically shifts focus from its electric division to enhance its natural gas infrastructure and online sales capabilities. Strategic Transformation Towards Natural Ga…

Cashu Markets·3 months ago
UGI Strategically Divesting Assets to Enhance Core Profitability and Shareholder Returns

UGI Strategically Divesting Assets to Enhance Core Profitability and Shareholder Returns

UGI Pursues Strategic Focus on Core Operations UGI Corporation is engaging in a strategic transformation by divesting non-core assets. This decision is aimed at intensifying its focus on core segments…

Cashu Markets·4 months ago

UGI Corporation: Adapting Strategies for Growth Amidst Competitive Energy Market Challenges

UGI Corporation: Navigating Challenges in a Competitive Landscape UGI Corporation, a prominent player in the energy sector, continues to adapt to the dynamic market conditions that characterize the in…

Cashu Markets·9 months ago
CEORobert C. Flexon
SectorUtilities
IndustryRegulated Gas
Employees9.4K
IPO DateMar 1, 1929
ExchangeNYSE
Exchange NameNew York Stock Exchange
CurrencyUSD
Headquarters & Contact
Address460 North Gulph Road
City / State / ZIPKing of Prussia, PA, 19406
CountryUnited States
Phone610 337 1000
Websitehttps://www.ugicorp.com