Description

UGI Corporation Unlocks A Bigger Appalachia Opportunity As Data Center Demand Builds!

UGI Corporation’s fiscal 2026 third quarter results reflect a year of disciplined execution amid challenging weather conditions, portfolio changes, and a slower domestic propane market. The company reported a modest increase in year-to-date reportable segment EBIT to $1.2 billion, driven primarily by growth in its regulated utility businesses. This growth offset declines from approximately $40 million in LPG divestiture-related reductions and the impacts of warmer weather across its LPG service territories. Capital expenditure efforts remain concentrated in the natural gas segment, with about 76% directed there, supporting pipeline safety, reliability, and modernization, including an accelerated replacement of vintage cast iron pipelines. The company also added over 8,500 new heating customers across its utility service areas. A key regulatory development involves a pending Pennsylvania Public Utility Commission approval of a gas rate case settlement, expected to increase revenues by $65 million over two phases starting in October 2026.