UGI narrows Q3 loss 18% to $133M on divestitures; PAPUC files pipeline safety complaint

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~2 min read

Key Changes

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  Pennsylvania Public Utility Commission filed formal complaint in March 2026 alleging pipeline safety violations related to the March 2023 West Reading explosion and seeking civil penalties. UGI is defending and does not expect a material adverse effect.

  Legal Proceedings: PAPUC complaint verify on EDGAR →
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  UGI divested Electric Utility for $470M (expected Q2 FY2027 close) and completed sales of LPG businesses in Czech Republic, Hungary, Poland, Slovakia, Romania, Austria, and UK, recognizing net losses of $42M on the LPG exits and expecting a gain on Electric Utility.

  MD&A: Strategic divestitures verify on EDGAR →
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  PA Gas Utility filed settlement for $65M annual rate increase (phased: $40M October 2026, $25M October 2027), down from $99M requested. Administrative law judges recommended approval; final PAPUC order pending. Settlement restricts new rate filings until January 2029.

  MD&A: Rate case settlement verify on EDGAR →