VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) has announced that Julie Fazio is now the President of UGI International, starting immediately. She became part of UGI International in September 2022 as the Vice President of Supply and was later named Vice President of Region West in December 2023, overseeing LPG operations in France and Belgium while also managing European supply. Before her time at UGI International, she held other relevant positions.
UGI (UGI) shared its earnings report 30 days ago. What can we expect for the stock moving forward?
Investors looking at Utility - Gas Distribution stocks probably know about UGI (UGI) and Atmos Energy (ATO). However, which of these two stocks offers a better value opportunity for investors at this moment?
UGI Corporation has a strong opportunity to reach over $40 again by reducing debt, growing its utility business, and enhancing performance at AmeriGas. In the first quarter, earnings were solid, with net income adjustments mainly related to hedging. Tax savings increased earnings to $1.37 per share, up from $1.20 per share last year, and AmeriGas seems to be stabilizing with better EBIT and slower customer loss, while weather conditions might help in the second quarter.
UGI's earnings for the first quarter of the fiscal year have exceeded expectations. The company is consistently investing to enhance its natural gas operations.
UGI (UGI) reported quarterly earnings of $1.37 per share, which is higher than the Zacks Consensus Estimate of $1.21 per share. This is an increase compared to earnings of $1.20 per share from the same period last year.
UGI Corporation (NYSE: UGI) has announced its financial results for the quarter ending December 31, 2024, in Valley Forge, Pennsylvania. The company reported a GAAP diluted EPS of $1.74 and an adjusted diluted EPS of $1.37, which is an increase from $0.44 and $1.20 in the same quarter last year. Additionally, the earnings before interest and taxes (EBIT) for the reportable segments were $420 million, slightly down from $425 million in the previous year.
VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation's Board of Directors has announced a quarterly dividend of $0.375 for each share of its common stock. This dividend will be paid on April 1, 2025, to those who own shares as of March 17, 2025. UGI Corporation is involved in distributing and marketing energy products and services in both the US and Europe, providing safe and sustainable energy solutions through its subsidiaries.
UGI Corporation presents an attractive investment option with a 5.3% dividend yield and a history of increasing dividends for 36 years, along with 140 years of consistent payments. Even after recent price increases, UGI stock is still considered undervalued, with a forward P/E ratio of 9.7, which is much lower than its historical average of 15. The company's varied operations and focus on natural gas and renewable energy set it up for long-term growth, aiming for a 9% compound annual growth rate through 2027.
UGI Corp. (UGI) reached its highest point in over a year after reporting better-than-expected earnings per share in its fourth-quarter results, even though sales were lower than anticipated. George Tsilis believes there are additional reasons for UGI's strong performance that go beyond just the positive attention.