| Business Summary | | UGI
Corporation
is
a
holding
company
that
operates
propane
distribution,
gas
and
electric
utility,
energy
marketing
and
related
businesses
through
subsidiaries.
The
Company's
majority-owned
subsidiary,
AmeriGas
Partners,
L.P.,
a
limited
partnership,
conducts
one
a
retail
propane
distribution
business
through
its
98.99%-owned
subsidiary
AmeriGas
Propane,
L.P.
The
Company's
subsidiary,
UGI
Utilities,
Inc.
owns
and
operates
a
natural
gas
distribution
utility
and
an
electric
distribution
utility
in
eastern
Pennsylvania.
It
serves
272,000
natural
gas
customers
and
61,000
electric
customers.
The
subsidiary
UGI
Enterprises,
Inc.
conducts
domestic
and
international
businesses
including
retail
gas
and
electric
marketing,
hearth,
spa
and
grill
products
retailing
(Hearth
USA),
a
heating,
ventilation
and
air-conditioning
business,
retail
propane
distribution
in
Austria
(FLAGA
GmbH),
and
two
international
energy-related
joint
ventures. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UGI
Corp.
is
a
holding
co.
with
two
principal
lines
of
business:
propane
distribution
and
utilities.
UGI
Utilities,
Inc.
is
a
gas
and
electric
utility
in
eastern
PA
and
AmeriGas,
Inc.
is
the
largest
retail
propane
distributor
in
the
U.S.
For
the
nine
months
ended
6/30/01
revenues
rose
48%
to
$2.09
billion.
Earnings
applicable
to
Common
before
acct.
change
rose
24%
to
$68.3
million.
Results
reflect
higher
average
selling
prices
of
propane
and
gas,
partially
offset
by
the
lower
volumes. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Lon Greenberg, 50 Chairman,
Pres, CEO | $937K | Eugene Bissell, 47 CEO
of AmeriGas Propane, Inc. | 340K | Robert Chaney, 58 Pres
and CEO, UGI Utilities, Inc. | 419K | Anthony Mendicino, 52 VP
- Fin. and CFO | 357K | Brendan Bovaird, 52 VP,
Gen. Counsel | 272K | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|