UGI News & Events

UGI Corporation announced that Sidd Manjeshwar has joined as Chief Strategy Officer and serves as part of the company's executive leadership team. In this newly created role, Manjeshwar will be responsible for formulating and driving UGI's enterprise vision and strategy, and leading strategic initiatives including assessing growth opportunities. Most recently, he has served as Senior Vice President and CFO at AdvanSix.

Reports Q1 revenue $2.08B vs. $2.03B last year. Bob Flexon, President and Chief Executive Officer, said, "UGI had a solid start to fiscal 2026, delivering 5% growth in total reportable segment EBIT in line with our expectation. Our natural gas businesses produced strong results, driven by strong gas demand and the impact of the gas base rate case at our Pennsylvania utility. Across our Global LPG businesses, we capitalized on favorable weather in certain U.S. regions and more than offset the impact of the divestitures through operational improvements, effective margin management and disciplined cost control. Importantly, we continue to make meaningful progress on our business processes, safety, and cultural transformation, the foundational work that positions UGI to unlock incremental intrinsic value. As we look to the year ahead, we remain focused on operational excellence, disciplined capital deployment, and executing our long-term growth strategy to drive continued shareholder value."

UGI International announced that it has entered into a definitive agreement to divest its LPG distribution businesses in Czech Republic, Hungary, Poland, and Slovakia, to DCC plc for an enterprise value of approximately EUR 48M. The transaction is expected to close in the first half of calendar 2026, subject to customary closing conditions. Net proceeds from the sale will be used to reduce debt at UGI Corporation.