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UGI Corporation

Company Summary

Financial Data:

NYSE:UGI from Google Finance

Tickers:

  • UGI - New York Stock Exchange

Related Entities

Firm Transport Commitments

Project: Gateway Expansion Project
Firm Commitment: 11,000 Dth/d

Recent news

  • 8/31/2023 - UGI Corporation... (subscriber access)
  • 2/14/2023 - UGI & BP Launch Aurum... (subscriber access)
  • 1/4/2023 - UGI Announces Plans to... (subscriber access)
  • 12/7/2022 - UGI No Longer Selling... (subscriber access)
  • 11/16/2022 - UGI Announces Plans to... (subscriber access)

Company Transactions

Date: 1/31/2022
Type: Acquisition

BUYERS:
  • UGI Energy Services
  • UGI Corporation
    • SELLERS:
  • Stonehenge Appalachia, LLC
  • Stonehenge Energy Resources LP
    • ASSETS:
  • Stonehenge Natural Gas Gathering System
    • DETAILS:

    COST: 190 $MM

    VOLUMES: 130 Mmcf/d

    NOTES:
    UGI Energy Services has reached a deal to acquire Stonehenge Appalachia from Stonehenge Energy Holdings for $190 million. The Stonehenge system is located in Butler County, PA, and includes 47-miles of gas pipeline with a 130 Mmcf/d gathering capacity.
    REGIONS:
  • Appalachia

    • Date: 9/30/2021
    Type: Acquisition

    BUYERS:
  • UGI Corporation
    • SELLERS:
  • Mountaineer Gas Company
  • Mountaintop Energy Holdings LLC,
    • DETAILS:

    COST: 540 $MM

    NOTES:
    UGI Corp. has made a deal to acquire Mountaintop Energy Holdings LLC, which owns Mountaineer Gas Company. for an enterprise value of $540 million, including $140 million in assumed debt.
    REGIONS:
  • Appalachia

    • Date: 2/16/2021
    Type: Acquisition

    BUYERS:
  • Pine Run Gathering LLC
  • UGI Corporation
  • UGI Energy Services
  • Stonehenge Energy Resources III, LLC
  • Energy Spectrum Partners VIII
    • SELLERS:
  • Pine Run Midstream, LLC
  • PennEnergy Resources LLC
    • ASSETS:
  • Pine Run Gathering Pipeline
    • DETAILS:

    COST: 205 $MM

    NOTES:
    Pine Run Gathering has closed on a deal to acquire Pine Run Midstream from upstream company PennEnergy Resources and other partners for $205 million. Pine Run Gathering is a joint venture between Stonehedge Energy Resources III (Energy Spectrum Partners) and UGI Energy Services, LLC (UGI Corporation.) They are financing the deal with equity capital, with Stonehenge III contributing 51% and UGI 49%.
    REGIONS:
  • Appalachia

    • Date: 12/30/2019
    Type: Merger

    BUYERS:
  • UGI Corporation
    • SELLERS:
  • AmeriGas Partners LP
    • DETAILS:
    NOTES:
    UGI Corporation and AmeriGas Partners entered into a merger agreement under which UGI will fully consolidate its ownership of AmeriGas through acquiring the 69.2 million publicly held common units it does not already own.

    Date: 9/30/2019
    Type: Acquisition

    BUYERS:
  • UGI Corporation
    • SELLERS:
  • TC Energy
  • Columbia Midstream Group
    • DETAILS:

    COST: 1.28 $B

    NOTES:
    TC Energy entered into an agreement to sell its U.S. midstream assets held by its subsidiary, Columbia Midstream Group, to UGI Corporation for roughly $1.28 billion.
    REGIONS:
  • Appalachia

    • Date: 9/5/2017
    Type: Acquisition

    BUYERS:
  • UGI Corporation
    • SELLERS:
  • DVEP Investeringen
    • DETAILS:
    REGIONS:
  • Europe