The Traderszone Network

Published in TZ Latest News 10 November, 2016 by The TZ Newswire Staff

UGI Corp Overcomes a Hot September to Deliver a Record Year

Gas Cylinders

Image source: Getty Images.

UGI‘s (NYSE: UGI) fiscal fourth quarter is a seasonally weak one for the company, but this one was weaker than usual due to an unseasonably warm September. That impacted the company’s propane distribution subsidiary AmeriGas Partners (NYSE: APU), which reported a deeper loss. That said, the company was able to offset that and other problems to hit the high-end of its full-year guidance range.

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