UGI Corp (UGI) Misses Q2 EPS by 1c, Revises Outlook
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UGI Reports Fiscal 2016 Second Quarter Earnings; Updates Guidance
May 2, 2016 6:45 PM EDTFiscal 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 plannedVALLEY FORGE, Pa.--(BUSINESS WIRE)-- UGI Corporation (NYSE: UGI) today reported adjusted net income attributable to UGI of $216.2 million,... More
Sunbury Pipeline Receives FERC Approval
May 2, 2016 8:30 AM EDTPipeline 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
