Ugi

UGI and Synthica Energy Partner to Develop Renewable Natural Gas

Retrieved on: 
Wednesday, August 4, 2021

Hamilton RNG is a joint venture owned by a subsidiary of UGI Energy Services (UGIES), a subsidiary of UGI Corporation (NYSE: UGI ), and Synthica Energy, LLC (Synthica).

Key Points: 
  • Hamilton RNG is a joint venture owned by a subsidiary of UGI Energy Services (UGIES), a subsidiary of UGI Corporation (NYSE: UGI ), and Synthica Energy, LLC (Synthica).
  • RNG projects reduce waste and long-term greenhouse gas emissions, while also increasing the use of renewable energy.
  • GHI Energy, LLC , a wholly owned subsidiary of UGI Energy Services, will be the exclusive off-taker and marketer of RNG for Hamilton RNG.
  • Synthica is a renewable natural gas (RNG) development company focused on the creation of bioenergy conversion facilities in the Midwest.

UGI Declares Common Dividend

Retrieved on: 
Wednesday, August 4, 2021

The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.345 per share of the companys common stock.

Key Points: 
  • The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.345 per share of the companys common stock.
  • The dividend is payable October 1, 2021 to shareholders of record as of September 15, 2021.
  • UGI has paid common dividends for 137 consecutive years and raised its dividend in each of the last 34 years.
  • UGI Corporation is a distributor and marketer of energy products and services.

UGI Corporation to Hold 3QFY21 Earnings Conference Call and Webcast on Thursday, August 5

Retrieved on: 
Wednesday, July 7, 2021

UGI Corporation (NYSE: UGI ) will announce the results of its third fiscal quarter earnings after the market closes on August 4.

Key Points: 
  • UGI Corporation (NYSE: UGI ) will announce the results of its third fiscal quarter earnings after the market closes on August 4.
  • The company will hold a live internet audio webcast of its conference call to discuss results and other current activities at 9:00 AM ET on Thursday, August 5.
  • A telephonic replay will be available from 12:00 PM ET on August 5 through 11:59 PM ET August 12.
  • The replay may be accessed toll free at 855-859-2056 and internationally at +1 404-537-3406, conference ID 7457165.

UGI Recognized as One of the 50 Most Community-Minded Employers in the Greater Philadelphia Region

Retrieved on: 
Wednesday, July 7, 2021

UGI Corporation (NYSE: UGI) has been named a 2021 honoree of The Civic 50 Greater Philadelphia by Philadelphia Foundation, in partnership with Points of Light and local partners.

Key Points: 
  • UGI Corporation (NYSE: UGI) has been named a 2021 honoree of The Civic 50 Greater Philadelphia by Philadelphia Foundation, in partnership with Points of Light and local partners.
  • Philadelphia Foundation is proud to recognize UGIs outstanding civic engagement, said Pedro Ramos, President and Chief Executive Officer of Philadelphia Foundation.
  • The Civic 50 Greater Philadelphia honorees were officially recognized on Wednesday, June 30th, at a celebratory event on the central Delaware River waterfront.
  • Founded in 1918, Philadelphia Foundation strengthens the economic, social and civic vitality of Greater Philadelphia.

UGI Announces Virtual Investor Day Webcast

Retrieved on: 
Friday, May 21, 2021

b'UGI Corporation (NYSE: UGI) announced today that it will be hosting a Virtual Investor Day on June 21, 2021 from 1:00 p.m. to 3:00 p.m.

Key Points: 
  • b'UGI Corporation (NYSE: UGI) announced today that it will be hosting a Virtual Investor Day on June 21, 2021 from 1:00 p.m. to 3:00 p.m.
  • ET.
  • The day will feature presentations from UGI\xe2\x80\x99s President and CEO - Elect, Roger Perreault, and other members of the senior management team, on the company\xe2\x80\x99s strategic plan, investments in sustainable energy solutions and progress on its ESG goals.\nUGI Corporation is a distributor and marketer of energy products and services.
  • Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes LPG both domestically (through AmeriGas) and internationally (through UGI International), manages midstream energy assets in Pennsylvania, Ohio, and West Virginia and electric generation assets in Pennsylvania, and engages in energy marketing, including renewable natural gas, in twelve states and the District of Columbia and internationally in France, Belgium, the Netherlands and the UK.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210521005498/en/\n'

UGI Corporation Announces Executive Appointments for its Global LPG Line of Business

Retrieved on: 
Tuesday, May 18, 2021

Prior to UGI International, Ladner held several management roles of increasing responsibility at AmeriGas Propane.\nMs.

Key Points: 
  • Prior to UGI International, Ladner held several management roles of increasing responsibility at AmeriGas Propane.\nMs.
  • Broseta joined UGI in 2019 as Vice President of UGI International\xe2\x80\x99s Region West and President of Antargaz, based in Paris, France.
  • Mr. Perreault is currently and will continue to serve as UGI\xe2\x80\x99s Executive Vice President, Global LPG (since 2018) and has served as President of UGI International since 2015.
  • It also operates an energy marketing business for natural gas and electricity in France, Belgium, the Netherlands, and the UK.

UGI Prices Equity Units Offering

Retrieved on: 
Tuesday, May 18, 2021

b'UGI Corporation (NYSE: UGI) announced today the pricing of its public offering of 2,000,000 equity units (the \xe2\x80\x9cunits\xe2\x80\x9d).

Key Points: 
  • b'UGI Corporation (NYSE: UGI) announced today the pricing of its public offering of 2,000,000 equity units (the \xe2\x80\x9cunits\xe2\x80\x9d).
  • The issuance and sale of the units are scheduled to settle on May 25, 2021, subject to customary closing conditions.
  • UGI also granted the underwriters of the offering a 30-day option to purchase up to an additional 200,000 units solely to cover over-allotments.\nUGI estimates that the net proceeds from the offering will be approximately $191.9 million (or approximately $211.3 million if the underwriters fully exercise their option to purchase additional units), after deducting underwriting discounts and commissions and estimated offering expenses.
  • UGI may not consummate the offering described in this press release and, if the offering is consummated, cannot provide any assurances regarding its ability to effectively apply the net proceeds or complete its pending acquisition of Mountaineer Gas Company as described above.

UGI Announces Proposed Equity Units Offering

Retrieved on: 
Monday, May 17, 2021

b'UGI Corporation (NYSE: UGI) announced today its intention to offer, subject to market and other conditions, 2,000,000 equity units (the \xe2\x80\x9cunits\xe2\x80\x9d) in a public offering registered under the Securities Act of 1933, as amended.

Key Points: 
  • b'UGI Corporation (NYSE: UGI) announced today its intention to offer, subject to market and other conditions, 2,000,000 equity units (the \xe2\x80\x9cunits\xe2\x80\x9d) in a public offering registered under the Securities Act of 1933, as amended.
  • UGI also expects to grant the underwriters of the units a 30-day option to purchase up to an additional 200,000 units solely to cover over-allotments.
  • The offering will be made only by means of a prospectus supplement and an accompanying prospectus.
  • UGI may not consummate the proposed offering described in this press release and, if the proposed offering is consummated, cannot provide any assurances regarding the final terms of the offering or the units or its ability to effectively apply the net proceeds or complete its pending acquisition of Mountaineer Gas Company as described above.

UGI Corporation Announces Commitment to Reduce Scope I GHG Emissions by 55% by 2025; Establishes Ambitious Safety Goals; and Advances D&I Initiatives

Retrieved on: 
Friday, May 14, 2021

The report highlights UGI\xe2\x80\x99s commitment to be a leader in the renewable energy space by providing energy solutions that are sustainable, reliable, and affordable.

Key Points: 
  • The report highlights UGI\xe2\x80\x99s commitment to be a leader in the renewable energy space by providing energy solutions that are sustainable, reliable, and affordable.
  • UGI has recently committed to reducing its Scope I (direct) emissions by 55% over the next 5 years1 on its path to align with international efforts to reduce carbon emissions as outlined in the Paris Climate Accord.
  • UGI believes the achievement of superior safety performance is an important short- and long-term strategic initiative.
  • We are pleased with the progress we have made in our diversity and inclusion initiatives through the establishment of BIDE and BOLD.

UGI Declares Increased Common Dividend Marking the 137th Year of Common Dividends and the 34th Consecutive Year of Annual Dividend Increases

Retrieved on: 
Wednesday, May 5, 2021

b'The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.345 per share of the company\xe2\x80\x99s common stock, representing a 4.5% increase.

Key Points: 
  • b'The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.345 per share of the company\xe2\x80\x99s common stock, representing a 4.5% increase.
  • The dividend is payable July 1, 2021 to shareholders of record as of June 15, 2021.\n\xe2\x80\x9cWe are pleased to mark the 34th consecutive year of increasing UGI\xe2\x80\x99s dividend,\xe2\x80\x9d said John L. Walsh, President and Chief Executive Officer of UGI.
  • \xe2\x80\x9cUGI has a strong legacy of growing earnings and cash flow throughout different economic cycles and conditions, and consistently creating value for its shareholders.
  • This consistency demonstrates the resiliency of our businesses and the confidence we have in our future outlook.