UGI Corporation Common Stock (UGI)

Pine Run Gathering LLC (“Pine Run Gathering”) announced today that it has completed a transaction to acquire Superior Midstream Appalachian, LLC (“Superior Appalachian”) for $120 million subject to customary adjustments. Pine Run Gathering is a joint venture owned by a subsidiary of Stonehenge Energy Resources III, LLC (“Stonehenge”), a portfolio company of Energy Spectrum Partners VIII LP, and UGI Corporation’s wholly owned subsidiary, UGI Energy Services, LLC (“UGIES”).

UGI Corporation (NYSEUGI) will announce its Fiscal 2025 first quarter results after the market closes on February 5, 2025. The company will hold a live internet audio webcast of its conference call to discuss these results at 9:00 AM ET on Thursday, February 6.

UGI Corporation (NYSEUGI) announced today that Michael Sharp has been appointed as President of AmeriGas Propane, effective December 30, 2024.

UGI Corporation (NYSEUGI) today reported financial results for the fiscal year ended September 30, 2024 and provided guidance for fiscal year 2025.

The Board of Directors of UGI Corporation (NYSEUGI) has declared a quarterly dividend of $0.375 per share of the Company’s common stock. The dividend is payable January 1, 2025, to shareholders of record as of December 16, 2024.

UGI Corporation (NYSEUGI), an international distributor and marketer of energy products and services, today announced its designation as a Champion of Board Diversity by The Forum of Executive Women (“The Forum).

UGI Corporation (NYSEUGI) will announce the results of its fiscal year 2024 earnings after the market closes on November 21, 2024. The company will hold a live internet audio webcast of its conference call to discuss the fiscal year 2024 results, its financial outlook and other business updates at 9:00 AM ET on Friday, November 22.

UGI Corporation (NYSEUGI) announced that UGI’s Board of Directors appointed Robert C. Flexon as President and Chief Executive Officer, effective November 1, 2024. Mr. Flexon will replace Mario Longhi, UGI’s Chair who has served as Interim President and Chief Executive Officer since December 2023. Mr. Longhi will be resuming his role as an independent director and will serve as non-executive chair of UGI’s Board of Directors. In addition to his role as President and Chief Executive Officer, Mr. Flexon will serve on the Company’s Board of Directors.

UGI Corporation (NYSEUGI) announced today that Melanie Ruiz and David Bingenheimer were appointed as directors of UGI Corporation, effective November 1, 2024.

UGI Corporation (NYSEUGI) announced today that Tina Faraca was elected a director of UGI Corporation, effective August 7, 2024. Ms. Faraca is the Executive Vice President and President, U.S. Natural Gas Pipelines, for TC Energy Corporation (TSX, NYSE: TRP), a North American energy infrastructure company that safely moves, generates and stores energy, and she is responsible for leading commercial and operational matters across TC Energy’s regulated natural gas transmission and storage business. Ms. Faraca joined TC Energy in 2020.

UGI Corporation (NYSEUGI) today reported financial results for the fiscal quarter ended June 30, 2024.

The Board of Directors of UGI Corporation (NYSEUGI) has declared a quarterly dividend of $0.375 per share of the Company’s common stock. The dividend is payable October 1, 2024, to shareholders of record as of September 16, 2024.

UGI Corporation (NYSEUGI) (the “Company”) today released its 2023 environmental, social and governance (ESG) report titled, The Journey: Managing Climate Risks and Opportunities, which outlines the Company’s progress on all aspects of its ESG journey. UGI is pleased to report that it has achieved a 50% reduction in Scope I (direct) emissions1 and is on track to meet its commitment of a 55% reduction by the end of fiscal 2025. Additionally, UGI has met its commitment to improve spend with diverse Tier I and Tier II suppliers by 25% by fiscal 2025 – a full two years ahead of schedule.

UGI Corporation (NYSEUGI) will announce the results of its third fiscal quarter earnings after the market closes on August 7, 2024. 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 8.

UGI Corporation (NYSEUGI) (the “Company”) announced today the early tender results for the previously announced cash tender offer (the “Offer”) by its subsidiaries, AmeriGas Partners, L.P. (“AmeriGas Partners”) and AmeriGas Finance Corp. (together with AmeriGas Partners, the “Offerors”) for the Offerors’ 5.500% Senior Notes due 2025 (the “Notes”). In connection with the foregoing, the Offerors are also increasing the maximum aggregate principal amount of the Notes that they will accept for purchase from the previously announced amount of $450,000,000 to $475,000,000 (as amended herein, the “Tender Cap”).

UGI Corporation (NYSEUGI) announced today that its subsidiaries, AmeriGas Partners, L.P. (“AmeriGas Partners”) and AmeriGas Finance Corp. (together with AmeriGas Partners, the “Offerors”), have commenced an offer to purchase for cash up to $450,000,000 of the outstanding aggregate principal amount of the Offerors’ 5.500% Senior Notes due 2025 (the “Notes”), upon terms and subject to the conditions set forth in the Offer to Purchase, dated June 11, 2024 (as may be amended or supplemented from time to time, the “Offer to Purchase”) (the “Offer”).

UGI Corporation (NYSEUGI) (The “Company” or “UGI”) today announced the pricing of its offering of $610,000,000 aggregate principal amount of 5.00% convertible senior notes due 2028 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $600,000,000 aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on June 11, 2024, subject to customary closing conditions. UGI also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $90,000,000 principal amount of notes.

UGI Corporation (NYSEUGI) (The “Company” or “UGI”) today announced its intention to offer, subject to market and other conditions, $600,000,000 aggregate principal amount of convertible senior notes due 2028 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). UGI also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $90,000,000 principal amount of notes.

UGI Corporation (NYSEUGI) (the “Company”) announced today the unsuccessful final remarketing of its 0.125% Series A Cumulative Perpetual Convertible Preferred Stock, without par value, with a liquidation preference of $1,000 per share (the “Convertible Preferred Stock”), originally issued on May 25, 2021 as part of Company’s corporate units (the “Corporate Units”), and the settlement rate of the purchase contracts that form part of Corporate Units. As of the date of this release, 2,200,000 Corporate Units were outstanding, each consisting of one purchase contract (each, a “Purchase Contract”) and a 10% undivided beneficial interest in one share of Convertible Preferred Stock.

UGI Corporation (NYSEUGI) (The “Company”) announced today the period beginning on May 23, 2024 and ending on, and including, May 30, 2024, as the final remarketing period for its 0.125% Series A Cumulative Perpetual Convertible Preferred Stock, without par value, with a liquidation preference of $1,000 per share (the “Convertible Preferred Stock”), originally issued on May 25, 2021 as part of Company’s equity units. No assurance can be given that the Convertible Preferred Stock will be successfully remarketed during the final remarketing period.

The Board of Directors of UGI Corporation (NYSEUGI) has declared a quarterly dividend of $0.375 per share of the Company’s common stock. The dividend is payable July 1, 2024, to shareholders of record as of June 14, 2024. UGI has paid common dividends for 140 consecutive years.

UGI Corporation (NYSEUGI) today reported financial results for the fiscal quarter ended March 31, 2024 and announced that its Board has unanimously decided to conclude the strategic review of its LPG businesses, which was primarily focused on AmeriGas Propane.

UGI Corporation (NYSEUGI) will announce the results of its second fiscal quarter earnings after the market closes on May 1, 2024. 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, May 2.

UGI Corporation (NYSEUGI) today reported financial results for the fiscal quarter ended December 31, 2023.

The Board of Directors of UGI Corporation (NYSEUGI) has declared a quarterly dividend of $0.375 per share of the Company’s common stock. The dividend is payable April 1, 2024, to shareholders of record as of March 15, 2024. UGI has paid common dividends for 139 consecutive years and raised its dividend in each of the last 36 years.