Business mix
- The company operates through four segments: Utilities, Midstream & Marketing, UGI International, and AmeriGas Propane.
- It distributes propane to approximately 801 million residential, commercial/industrial, motor fuel, agricultural, and wholesale customers.
- The company distributes liquefied petroleum gases (LPG) to residential, commercial, industrial, agricultural, wholesale and automobile fuel customers; and provides logistics, storage, and other services to third-party LPG distributors.
- In addition, it engages in the retail sale of natural gas, liquid fuels, and electricity to approximately 10,800 residential, commercial, and industrial customers.
Current key questions
- Can rate-base growth, allowed returns, and demand support earnings in utilities - regulated gas?
- How do regulation, fuel costs, interest rates, and capital spending affect customer bills and returns?
- Does the balance sheet support required infrastructure investment and dividends?