secwatch.observer — SEC 8-K summary
======================================

Issuer:     UGI CORP /PA/ (UGI)
CIK:        0000884614
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000884614-24-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UGI Q1 adjusted EPS $1.20 vs $1.14; International EBIT up 77%; Mountaineer rate case approved
--------------------------------------------------------------------------------

- Q1 GAAP diluted EPS $0.44; adjusted diluted EPS $1.20, up from $1.14 prior year.
- Reportable segments EBIT $425M vs $411M; UGI International EBIT up 77% on higher LPG volumes and margins.
- West Virginia PSC approved $13.9M annual rate increase for Mountaineer gas, effective Jan 1, 2024.
- Available liquidity $1.5B; management initiated cost-alignment actions and lowered near-term capex.
- AmeriGas experienced year-over-year decline; renewed focus on execution mentioned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884614/000088461424000034/0000884614-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884614/000088461424000034/ugi-20240131.htm
  HTML page:      https://secwatch.observer/filing/0000884614-24-000034

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