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UGI Q2 2024 Earnings Report

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$33.12 +0.37 (+1.12%)
As of 02/21/2025 03:59 PM Eastern
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UGI EPS Results

Actual EPS
$1.97
Consensus EPS
$1.65
Beat/Miss
Beat by +$0.32
One Year Ago EPS
$1.68

UGI Revenue Results

Actual Revenue
$2.47 billion
Expected Revenue
$3.07 billion
Beat/Miss
Missed by -$600.00 million
YoY Revenue Growth
-20.60%

UGI Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

UGI Earnings Headlines

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PUC to investigate UGI's natural gas rate increase request
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About UGI

UGI (NYSE:UGI), together with its subsidiaries, distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. It distributes propane to approximately 1.3 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers through 1,400 propane distribution locations. The company distributes liquefied petroleum gases (LPG) to residential, commercial, industrial, agricultural, wholesale and automobile fuel customers; and provides logistics, storage, and other services to third-party LPG distributors. In addition, it engages in the retail sale of natural gas, liquid fuels, and electricity to approximately 12,400 residential, commercial, and industrial customers at 42,000 locations. Further, the company distributes natural gas to approximately 677,000 customers in eastern and central Pennsylvania counties through its distribution system of approximately 12,500 miles of gas mains; and supplies electricity to approximately 62,600 customers in northeastern Pennsylvania through 2,560 miles of lines and 14 substations. Additionally, it operates electric generation facilities, which include coal-fired, landfill gas-fueled, solar-powered, and natural gas-fueled facilities; a natural gas liquefaction, storage, and vaporization facility; propane storage and propane-air mixing stations; and rail transshipment terminals. It manages natural gas pipeline and storage contracts; develops, owns, and operates pipelines, gathering infrastructure, and gas storage facilities. UGI Corporation was incorporated in 1882 and is headquartered in King of Prussia, Pennsylvania.

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