Last $35.08 USD
Change Today +0.11 / 0.31%
Volume 1.1M
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As of 6:40 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

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09/9/14 - $36.69
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10/7/13 - $25.25
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ugi corp (UGI) Details

UGI Corporation, through its subsidiaries, distributes, stores, transports, and markets energy products and related services in the United States and internationally. It distributes propane to approximately 2 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers in 50 states through 2,500 propane distribution locations; and sells, installs, and services propane appliances, including heating systems. The company also distributes liquid petroleum gas (LPG) to residential and small business users, housing developments, hospitals, municipalities and medium-sized industrial enterprises, and poultry brooders for space and water heating, cooking, process heat, transportation, construction work, manufacturing, crop drying, power generation, and irrigation; and provides logistic and storage services to third-party LPG distributors. In addition, it distributes natural gas to approximately 600,000 customers primarily in the portions of 46 Pennsylvania counties through its distribution system of 12,000 miles of gas mains; and supplies electricity to approximately 62,000 customers in Pennsylvania through 1,900 miles of lines and 13 substations. Further, the company is involved in the retail sale of natural gas, liquid fuels, and electricity to approximately 17,000 commercial and industrial customers at approximately 41,000 locations. Additionally, it operates electric generation facilities, which include solar and landfill gas facilities; a natural gas liquefaction, storage, and vaporization facility; propane storage and propane-air mixing stations; and rail transshipment terminals. The company also manages natural gas pipeline and storage contracts; develops, owns, and operates pipelines, gathering infrastructure, and gas storage facilities; and provides heating, ventilation, air conditioning, refrigeration, and electrical contracting services. UGI Corporation was founded in 1882 and is based in King of Prussia, Pennsylvania.

12,800 Employees
Last Reported Date: 12/16/13
Founded in 1882

ugi corp (UGI) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $856.4K
Chief Financial Officer
Total Annual Compensation: $505.1K
Chief Executive Officer of Amerigas Propane I...
Total Annual Compensation: $474.5K
Vice President of New Business Development an...
Total Annual Compensation: $357.7K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $407.9K
Compensation as of Fiscal Year 2013.

ugi corp (UGI) Key Developments

UGI Corporation Announces Auditor Changes

The audit committee of the board of directors of UGI Corporation conducted a comprehensive, competitive process to determine the company's independent registered public accounting firm for the company’s fiscal year ending September 30, 2015. On August 6, 2014, the audit committee approved the engagement of Ernst & Young LLP as the company’s independent registered public accounting firm for the company’s fiscal year ending September 30, 2015 and the dismissal of PricewaterhouseCoopers LLP. The dismissal of PwC will become effective upon the issuance by PwC of its reports on the company’s consolidated financial statements as of and for the fiscal year ending September 30, 2014 and the effectiveness of internal control over financial reporting as of September 30, 2014.

UGI Corporation Announces Amendments to the Amended and Restated Articles of Incorporation

On July 29, 2014, the Board of Directors of UGI Corporation approved an amendment to the company's Amended and Restated Articles of Incorporation to increase the number of shares of common stock that the company is authorized to issue from 300,000,000 shares to 450,000,000 shares. This increase in authorized shares is in connection with a three-for-two stock split of the company's common stock.

Paul Grady Decides to Retire as Chief Operating Officer of UGI Corporation in January 2015

Paul Grady, UGI Corporation's Chief Operating Officer, has decided to retire in January of 2015.


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