Strs Ohio Increases UGI Co. Stake by 33.3% in Q1
July 20, 2023
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UGI ($NYSE:UGI) Corporation (NYSE: UGI) is a leading global energy and distribution company that serves over 3 million customers in the United States and parts of Europe. It is a diversified energy company that provides natural gas, electricity, and propane to its customers. This marks a significant increase in investment for the company, which could indicate a strong outlook for the future. The investment from Strs Ohio indicates a positive sentiment towards the company’s performance and future prospects. The investment from Strs Ohio is likely to benefit UGI Corporation. It could provide a potential source of long-term capital for the company to invest in expansion and cutting-edge technologies.
Additionally, it could give the company access to additional resources to help fund operations and increase its customer base. It shows that there is significant confidence in the company’s ability to continue to provide high-quality services and products. This could lead to increased customer loyalty and improved financial performance for UGI Corporation in the coming years.
Analysis
At GoodWhale, we recently conducted an analysis of UGI Corporation‘s fundamentals. We determined that UGI CORPORATION is a medium risk investment in terms of financial and business aspects. We also detected two risk warnings in UGI CORPORATION’s income sheet and balance sheet. Make sure to register with us to explore these findings in more detail. We provide a comprehensive report that will help you make an informed decision about investing in UGI Corporation. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ugi Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 9.83k | -607 | -6.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ugi Corporation. More…
| Operations | Investing | Financing |
| 1.07k | -1.01k | -51 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ugi Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 17.13k | 11.94k | 28.94 |
Key Ratios Snapshot
Some of the financial key ratios for Ugi Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.4% | 3.4% | -5.5% |
| FCF Margin | ROE | ROA |
| 2.5% | -6.6% | -2.0% |
Peers
UGI Corp competes with Chesapeake Utilities Corp, SSE PLC, and Spire Inc in the energy sector. All four companies are engaged in the business of providing energy services, including natural gas, electricity, and propane. All four companies have a presence in the United States, with UGI Corp and Chesapeake Utilities Corp having their headquarters in the US. SSE PLC is headquartered in the UK, while Spire Inc is headquartered in Missouri, US.
– Chesapeake Utilities Corp ($NYSE:CPK)
The company’s market cap is 2.17B as of 2022 and its ROE is 10.92%. The company is a diversified energy delivery company that provides natural gas and electricity to customers in Delaware, Maryland, and Virginia. The company also provides propane gas service in Maryland and Delaware.
– SSE PLC ($LSE:SSE)
SSE PLC is a Scottish electricity company that is headquartered in Perth. The company has a market cap of 16.48B as of 2022 and a Return on Equity of 29.62%. SSE PLC is involved in the generation, transmission, distribution and supply of electricity. The company also has a retail division which supplies gas and electricity to customers in the UK.
– Spire Inc ($NYSE:SR)
Spire Inc. is a publicly traded energy services holding company based in St. Louis, Missouri. The Company, through its subsidiaries, engages in the purchase, sale, and transportation of natural gas in the United States. It operates through two segments: Gas Utility and Gas Marketing. The Gas Utility segment provides retail natural gas service to approximately 547,200 residential, commercial, and industrial customers in Missouri, Alabama, and Mississippi. The Gas Marketing segment purchases, sells, and transports natural gas to electric utilities, local distribution companies, interstate pipelines, producers, and other market participants.
Summary
UGI Corporation has seen increased interest from institutional investors in the first quarter, with Strs Ohio’s stake rising 33.3%. The company is well positioned for growth in the coming quarters, as indicated by its strong fundamentals and increased investor interest.
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