Core Viewpoint - The article emphasizes the importance of value investing and highlights specific stocks, particularly Southwest Gas (SWX) and UGI, as potential undervalued opportunities based on various financial metrics [2][8]. Company Analysis: Southwest Gas (SWX) - SWX has a Zacks Rank of 2 (Buy) and an A grade in the Value category, indicating strong potential as a value stock [3]. - The PEG ratio for SWX is 1.92, which is lower than the industry average of 2.11, suggesting it may be undervalued relative to its expected earnings growth [4]. - SWX's P/S ratio is 1.07, compared to the industry's average of 1.6, further indicating potential undervaluation [5]. - The P/CF ratio for SWX is 7.70, which is attractive against the industry's average of 8.51, reinforcing the notion of SWX being undervalued [6]. Company Analysis: UGI - UGI also holds a Zacks Rank of 2 (Buy) with an A Value Score, making it another attractive option for value investors [7]. - UGI's forward earnings multiple is 11.54, significantly lower than the industry's P/E of 15.13, indicating potential undervaluation [7]. - The PEG ratio for UGI is 2.22, which is higher than SWX but still competitive against the industry average [7]. - UGI's P/B ratio is 1.54, compared to the industry's 1.18, suggesting it may be trading at a premium but still within a reasonable range [8].

Core Viewpoint - Wall Street is experiencing volatility due to uncertainty surrounding the new U.S. administration's economic tariffs, prompting investors to seek stability through dividend investing [1][2]. Investment Strategy - Dividend investing is highlighted as a strategy that offers income and stability, especially in a rocky market, despite not providing dramatic price appreciation [2]. - Stocks with a history of dividend growth are recommended for building a healthy portfolio with potential for capital appreciation [3][4]. Selected Dividend Growth Stocks - Four dividend growth stocks are identified as compelling picks: - NetEase Inc. (NTES) with an expected earnings growth rate of 10.6% and a Zacks Rank 1 [10]. - Fox Corporation (FOX) with an expected earnings growth rate of 32.4% and a Zacks Rank 1 [11]. - Qifu Technology Inc. (QFIN) with an expected earnings growth rate of 22.6% and a Zacks Rank 2 [12][13]. - UGI Corporation (UGI) with a positive earnings estimate revision and a Zacks Rank 2 [14][15]. Stock Selection Criteria - Stocks selected for dividend growth should have: - 5-Year Historical Dividend Growth greater than zero [6]. - 5-Year Historical Sales Growth greater than zero [7]. - 5-Year Historical EPS Growth greater than zero [7]. - Next 3-5 Year EPS Growth Rate greater than zero [7]. - Price/Cash Flow less than M-Industry [8]. - 52-Week Price Change greater than S&P 500 [8]. - Top Zacks Rank of 1 or 2 [8]. - Growth Score of B or better [9]. Company Fundamentals - Companies with strong fundamentals are characterized by sustainable business models, profitability, rising cash flows, good liquidity, and strong balance sheets, making them promising long-term investments [5].

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum methodologies, helping investors identify stocks likely to outperform the market in the short term [2][3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [3] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] Growth Score - The Growth Style Score assesses a company's future earnings, sales, and cash flow to find stocks with sustainable growth potential [4] Momentum Score - The Momentum Style Score evaluates price trends and earnings estimate changes to identify favorable buying opportunities for high-momentum stocks [5] VGM Score - The VGM Score combines Value, Growth, and Momentum Scores, providing a comprehensive indicator for stock selection [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] Stock Selection Strategy - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize potential returns [9][10] Company Spotlight: UGI Corporation - UGI Corporation is a holding company involved in the distribution and marketing of energy products, serving over 2.6 million customers [11] - UGI holds a Zacks Rank of 2 (Buy) and has a VGM Score of A, indicating strong investment potential [12] - The company has a forward P/E ratio of 11.45 and has seen upward revisions in earnings estimates, with a Zacks Consensus Estimate of $3.11 per share for fiscal 2025 [12][13]

Core Insights - The article emphasizes the importance of fundamental analysis in identifying undervalued assets that offer a favorable risk/reward profile [1] - It highlights the use of options strategies, such as covered calls and writing puts, as effective investment techniques for managing positions [1] Investment Strategy - The investment approach focuses on individual issues and asset classes that are currently out of favor, suggesting a contrarian strategy [1] - The analyst has over 20 years of investment experience, indicating a deep understanding of market dynamics and investment opportunities [1] Educational Background - The analyst holds an MBA in Finance from NYU Stern and an undergraduate degree in Computer Science, showcasing a strong educational foundation that supports their investment analysis [1]

Have you been paying attention to shares of UGI (UGI) ? Shares have been on the move with the stock up 12.8% over the past month. The stock hit a new 52-week high of $35.41 in the previous session. UGI has gained 23.7% since the start of the year compared to the 6.4% move for the Zacks Utilities sector and the -0.5% return for the Zacks Utility - Gas Distribution industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings con ...

UGI Corporation (UGI) reported second-quarter fiscal 2025 operating earnings of $2.21 per share, which surpassed the Zacks Consensus Estimate of $1.80 by 22.8%. In the year-ago quarter, the company reported earnings of $1.97 per share. (See the Zacks Earnings Calendar to stay ahead of market-making news.)GAAP earnings per share in the fiscal second quarter were $2.19 compared with $2.30 in the year-ago quarter.Total Revenues of UGIRevenues of $2.67 billion missed the Zacks Consensus Estimate of $2.70 billio ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 1-11071 UGI CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction ...

Financial Data and Key Metrics Changes - UGI reported a 12% year-over-year increase in adjusted diluted EPS for the fiscal second quarter, achieving the highest adjusted diluted EPS in the company's history [5] - The fiscal 2025 guidance range for adjusted diluted EPS has been increased to $3.00 to $3.15, driven by favorable weather conditions and operational improvements [8][10] - The balance sheet showed $1,900,000,000 in available liquidity and a leverage ratio of 3.8 times at the end of the quarter [5][18] Business Line Data and Key Metrics Changes - The Utility segment's EBIT was $241,000,000, up $15,000,000 year-over-year, primarily due to colder weather [13] - Midstream and Marketing reported EBIT of $154,000,000, comparable to the prior year, with total margin increasing by $2,000,000 [14] - AmeriGas experienced a $16,000,000 increase in EBIT, largely due to colder weather, although adjusted diluted EPS declined by $0.06 due to higher income tax expenses [12][17] Market Data and Key Metrics Changes - Regional natural gas demand continues to show robust growth, with the LNG infrastructure operating at peak capacity during colder weather [6] - UGI International's LPG volumes declined by 4%, but operational efficiencies led to a $12,000,000 increase in EBIT [15][16] Company Strategy and Development Direction - The company is focusing on operational excellence and strategic infrastructure investments, particularly in the regulated utility business [19] - AmeriGas is implementing business process improvements to enhance customer retention and operational efficiency [20] - The company is well-positioned to capitalize on the growing demand for natural gas in the Appalachia region [41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the underlying strength of the business and the ability to execute strategic priorities in the second half of the year [10] - The company is optimistic about improving AmeriGas operations and enhancing customer service ahead of the next winter season [29][30] Other Important Information - The company deployed $160,000,000 in capital investment during the quarter, primarily in natural gas businesses [7] - Free cash flow for the year to date was approximately $490,000,000, up 55% year-over-year [17] Q&A Session Summary Question: Can you discuss the learnings from AmeriGas and refinancing plans? - Management highlighted the focus on improving AmeriGas business processes and targeting operational efficiencies, with ongoing efforts to refinance the 2026 maturities [24][34] Question: What is UGI's positioning regarding Appalachian natural gas demand? - Management noted ongoing discussions with potential generators and data centers, emphasizing the company's strategic location and capital allocation towards natural gas [40][41] Question: Can you quantify the incremental margin or EBITDA from AmeriGas for fiscal 2026? - Management refrained from providing specific numbers but emphasized the need to strengthen business processes and focus on high-margin customers [47][48] Question: What are the fiscal second half drivers? - Management explained that colder weather in the first half led to a strong performance, but some capital and operational expenses were pushed to the second half, affecting earnings timing [51][52]

UGI (UGI) Q2 2025 Earnings Call May 08, 2025 09:00 AM ET Speaker0 Hello, and welcome to the UGI Corporation Fiscal twenty twenty five Second Quarter Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer Thank you. I would like to turn the conference over to Tamika Morris, Vice President of Investor Relations and ESG. You may begin. Speaker1 Good morning, everyone. Thank you for joining our fiscal twenty twent ...

[UGI Corporation Q2 2025 Earnings Release](index=1&type=section&id=UGI%20Corporation%20Q2%202025%20Earnings%20Release) [Financial and Operational Highlights](index=1&type=section&id=Financial%20and%20Operational%20Highlights) The company reported strong Q2 FY2025 results with a 12% YoY increase in adjusted diluted EPS, leading to raised full-year guidance Q2 & YTD FY2025 Key Financial Metrics | Metric | Q2 FY2025 | Q2 FY2024 | YTD FY2025 | YTD FY2024 | | :--- | :--- | :--- | :--- | :--- | | **GAAP Diluted EPS** | $2.19 | $2.30 | $3.93 | $2.74 | | **Adjusted Diluted EPS** | $2.21 | $1.97 | $3.58 | $3.16 | - The company increased its Fiscal 2025 adjusted EPS guidance to a range of **$3.00 - $3.15 per share**[7](index=7&type=chunk) - Year-to-date reportable segments' EBIT reached **$1,112 million**, compared to $1,073 million in the prior-year period[7](index=7&type=chunk) - As of March 31, 2025, UGI maintained available liquidity of approximately **$1.9 billion**[7](index=7&type=chunk) - Strong results were attributed to effective management of higher demand from colder weather and cost efficiency, with natural gas businesses as the primary growth engine[4](index=4&type=chunk)[5](index=5&type=chunk) [Segment Performance Analysis](index=4&type=section&id=Segment%20Performance%20Analysis) All business segments showed YoY EBIT growth or stability, driven by colder weather benefiting Utilities and AmeriGas Propane [Utilities](index=4&type=section&id=Utilities) The segment's EBIT grew 7% to $241 million, driven by colder weather that increased core market throughput by 18% Utilities Segment Q2 Performance (YoY) | Metric | Q2 2025 | Q2 2024 | Change | % Change | | :--- | :--- | :--- | :--- | :--- | | **Revenues** | $773M | $646M | +$127M | +20% | | **EBIT** | $241M | $226M | +$15M | +7% | | **Core Market Throughput (bcf)** | 53 | 45 | +8 | +18% | - The service territory experienced temperatures that were **15% colder** than the prior-year period, significantly boosting core market volumes[15](index=15&type=chunk)[16](index=16&type=chunk) [Midstream & Marketing](index=4&type=section&id=Midstream%20%26%20Marketing) The segment's EBIT remained stable at $154 million as higher marketing margins were offset by lower midstream margins and higher expenses Midstream & Marketing Segment Q2 Performance (YoY) | Metric | Q2 2025 | Q2 2024 | Change | % Change | | :--- | :--- | :--- | :--- | :--- | | **Revenues** | $587M | $483M | +$104M | +22% | | **EBIT** | $154M | $153M | +$1M | +1% | - Total margin increased by $2 million, but this was offset by a $2 million increase in operating and administrative expenses, resulting in **flat operating income**[20](index=20&type=chunk)[21](index=21&type=chunk) [UGI International](index=5&type=section&id=UGI%20International) EBIT increased 9% to $143 million, driven by an 8% reduction in operating expenses that offset lower volumes and negative currency effects UGI International Segment Q2 Performance (YoY) | Metric | Q2 2025 | Q2 2024 | Change | % Change | | :--- | :--- | :--- | :--- | :--- | | **Revenues** | $650M | $673M | -$23M | -3% | | **EBIT** | $143M | $131M | +$12M | +9% | | **LPG Retail Gallons Sold (M)** | 213 | 221 | -8 | -4% | - Operating and administrative expenses **decreased by $13 million (8%)**, reflecting strong cost control and favorable currency translation effects (~$6 million)[22](index=22&type=chunk)[26](index=26&type=chunk) - Weaker foreign currencies (primarily the euro) **negatively impacted total margin by approximately $9 million**[26](index=26&type=chunk) [AmeriGas Propane](index=5&type=section&id=AmeriGas%20Propane) The segment's EBIT grew 12% to $154 million, driven by 11% colder weather that boosted retail volumes and unit margins AmeriGas Propane Segment Q2 Performance (YoY) | Metric | Q2 2025 | Q2 2024 | Change | % Change | | :--- | :--- | :--- | :--- | :--- | | **Revenues** | $848M | $795M | +$53M | +7% | | **EBIT** | $154M | $138M | +$16M | +12% | | **Retail Gallons Sold (M)** | 269 | 261 | +8 | +3% | - Temperatures were **11% colder** than the prior-year period, which was the primary driver for the 3% increase in retail volumes[25](index=25&type=chunk) [Consolidated Financial Statements](index=7&type=section&id=Consolidated%20Financial%20Statements) Consolidated Q2 revenues increased to $2.67 billion, while GAAP net income attributable to UGI slightly decreased to $479 million Consolidated Statement of Earnings (Q2 YoY) | Metric ($ in millions) | Three Months Ended Mar 31, 2025 | Three Months Ended Mar 31, 2024 | | :--- | :--- | :--- | | **Total Revenues** | $2,666 | $2,467 | | **Total EBIT** | $696 | $729 | | **Income Before Income Taxes** | $594 | $629 | | **Net Income Attributable to UGI** | $479 | $496 | Consolidated Earnings Per Share (Q2 YoY) | Metric | Three Months Ended Mar 31, 2025 | Three Months Ended Mar 31, 2024 | | :--- | :--- | :--- | | **Basic EPS** | $2.23 | $2.36 | | **Diluted EPS** | $2.19 | $2.30 | [Reconciliation of Non-GAAP Measures](index=8&type=section&id=Reconciliation%20of%20Non-GAAP%20Measures) The reconciliation from GAAP to non-GAAP measures shows Q2 adjusted net income of $484 million and adjusted diluted EPS of $2.21 Q2 EPS Reconciliation (GAAP to Adjusted) | Metric (per share) | Q2 FY2025 | Q2 FY2024 | | :--- | :--- | :--- | | **Diluted EPS (GAAP)** | **$2.19** | **$2.30** | | Net gains on commodity derivatives | ($0.03) | ($0.50) | | Unrealized losses on currency derivatives | $0.05 | $0.00 | | Other adjustments | $0.00 | $0.17 | | **Total Adjustments** | **$0.02** | **($0.33)** | | **Adjusted Diluted EPS** | **$2.21** | **$1.97** | Q2 Net Income Reconciliation (GAAP to Adjusted) | Metric ($ in millions) | Q2 FY2025 | Q2 FY2024 | | :--- | :--- | :--- | | **Net Income (GAAP)** | **$479** | **$496** | | Total Adjustments | $5 | ($73) | | **Adjusted Net Income** | **$484** | **$423** |