UGI Corporation (NYSE: UGI) is a distributor and marketer of energy products and services. They are a domestic and international distributor of propane and butane. They also market and distribute natural gas and electricity and provide heating and cooling services in the eastern region of the United States.
UGI Corporation owns 44% of AmeriGas Partners, L.P. (NYSE: APU), the largest retail marketer of propane in the United States. AmeriGas Partners, L.P. serves approximately 1.3 million customers from nearly 650 distribution locations in 46 states. UGI Corporation is also a retail marketer of propane and butane in Austria, France and Switzerland through its international subsidiaries, Antargaz and Flaga. Through joint ventures, they also serve the Czech Republic, Hungary, Poland, Romania, Slovakia and China. In 2007, international operations sold approximately 340 million gallons of propane and butane to more than 285,000 customers.
Gas and Electric
Wholly owned UGI Utilities, Inc. distributes natural gas to more than 478,000 customers and provides electric service to nearly 62,000 customers in eastern and northeastern Pennsylvania. UGI Energy Services, Inc. markets natural gas and electricity under the trade names GASMARK® and POWERMARK® to approximately 11,000 commercial and industrial customers in nine states. They also own a variety of assets that support the storage, transportation and delivery of natural gas products. Through a subsidiary, they own electric generation assets in Pennsylvania. Through other subsidiaries, they provide heating, air conditioning, refrigeration and electrical services on a regional basis.