UGI Corp (UGI) Misses Q2 EPS by 1c, Revises Outlook
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May 2, 2016 6:45 PM EDT
Fiscal 2016 Second Quarter Highlights
Adjusted net income of $216.2 million or $1.24 per diluted share
compared to $220.8 million or $1.26 per diluted share in the prior
year, despite significantly warmer weather
GAAP net income of $233.2 million or $1.33 per diluted share compared
to $246.5 million or $1.40 per diluted share in the prior year
Finagaz integration and UGI Gas rate case progressing as planned
VALLEY FORGE, Pa.--(BUSINESS WIRE)--
UGI Corporation (NYSE: UGI) today reported adjusted net income
attributable to UGI of $216.2 million,... More
May 2, 2016 8:30 AM EDT
Pipeline Will Support Regions Increasing Demand for Natural Gas
WYOMISSING, Pa.--(BUSINESS WIRE)--
UGI Sunbury, LLC, a subsidiary of UGI Energy Services, LLC, has received
a certificate of public convenience and necessity from the Federal
Energy Regulatory Commission (FERC) to construct and operate the
approximately 35-mile long Sunbury Pipeline. Subject to certain
conditions, FERCs approval authorizes UGI Sunbury to proceed with
construction of the Pipeline.
The Sunbury Pipeline will bring new natural gas supplies to homes and
businesses in central Pennsylvania. One of the primary end-users is
Hummel Station, a 1,124 MW combined-cycle... More
