secwatch.observer — SEC 8-K summary
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Issuer:     UGI CORP /PA/ (UGI)
CIK:        0000884614
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0000884614-23-000094
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UGI reports fiscal 2023 GAAP net loss of $1.5B, adjusted EPS $2.84; guides FY2024 EPS $2.70-$3.00
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- GAAP net loss $1,502M ($7.16 EPS) vs prior net income $1,073M ($4.97 EPS); adjusted EPS $2.84 vs $2.90.
- Record EBIT at Utilities and Midstream & Marketing; Utilities deployed $563M capital, added ~13,000 customers.
- Divested UK and Belgium energy marketing in fiscal year; completed sale of France portfolio in October 2023.
- Committed over $500M to renewable RNG projects; two NY RNG plants with annual capacity 140M cubic feet.
- Fiscal 2024 adjusted EPS guidance $2.70-$3.00, assuming normal weather and current tax regime.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884614/000088461423000094/0000884614-23-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884614/000088461423000094/ugi-20231116.htm
  HTML page:      https://secwatch.observer/filing/0000884614-23-000094

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer