nyse ugi industry energy industry founded 1882 headquarters king of prussia pennsylvania united states area served pennsylvania key people lon greenberg chairman & ceo ; john walsh president & coo kirk oliver cfo services electricity natural gas propane revenue 8 277 millions in 2014 1 operating income 1 006 millions in 2014 2 net income 337 millions in 2014 3 website http www.ugicorp.com ugi corporation is an lpg distribution company headquartered in king of prussia pennsylvania with extensive operations in the united states europe and the united kingdom . in july 2014 the company disclosed it was acquiring totalgaz s.a. s lpg distribution operations in france for 450 million 615 million . 4 contents 1 history 2 operations 3 management 4 references 5 external links history edit ugi was incorporated in 1882 as united gas improvement co. it encouraged the formation of united electric company of new jersey in 1899 . among the subsidiaries of public service corporation united electric company served as a holding company . 5 in 1903 united gas improvement owned the majority of the stock of the equitable illuminating gas light company . the latter utility operated the philadelphia gas works at the time . 6 in october 1964 industrial gases inc. of pittsburgh filed an antitrust suit in federal district court charging united gas improvement with attempting to eliminate competition in sales of bottled propane gas in pittsburgh . 7 the philadelphia gas works division of ugi challenged a ruling of the federal power commission . the fpc lowered the maximum price that natural gas producers could charge to sixteen cents per 1 000 cubic feet 28 m3 of gas . this mandate was upheld by the united states supreme court in may 1968 . 8 in february 1968 the company changed its name to ugi corporation . 9 10 operations edit amerigas ypsilanti mi under the ugi utilities inc. ugi serves 570 000 natural gas and 60 000 electricity customers in eastern and central pennsylvania including customers of ugi penn natural gas formerly pg energy and ugi central penn gas formerly ppl gas utilities . ugi utilities operates in the urban areas in and around harrisburg lancaster reading allentown bethlehem easton hazleton wilkes barre lock haven pottsville stroudsburg lewistown huntingdon shippensburg lewisburg scranton and williamsport . ugi s propane holdings include control of amerigas partners l.p. nyse apu the largest propane marketer in the united states . ugi also owns avantigas antargaz and flaga in europe . ugi also markets a variety of energy products and operates premier midstream assets in the marcellus shale producing region through their ugi energy services company based in wyomissing pennsylvania . management edit chairman is lon r. greenberg . president and ceo is john walsh . references edit https www.nyse.com quote xnys ugi https www.nyse.com quote xnys ugi https www.nyse.com quote xnys ugi total to sell lpg distribution business in france to ugi corp unit for 450mn euros . pennsylvania sun . retrieved 3 july 2014 . united gas improvement wall street journal october 8 1904 pg . 5 . united gas improvement wall street journal april 17 1903 p. 5 . pittsburgh firm sues united gas improvement on antitrust charges wall street journal october 7 1964 p. 18 . fpc steps to regulate natural gas rates are approved in full by the supreme court wall street journal may 7 1968 pg . 4 . ugi corp. the wall street journal november 15 1968 p. 35 . united gas improvement proposes name change the wall street journal february 28 1968 p. 25 . external links edit ugi corporation website v t e philadelphia area corporations including the delaware valley list of companies based in the philadelphia area philadelphia based fortune 500 corporations rank in the 2015 list comcast 43 aramark 207 crown holdings 318 delaware valley based fortune 500 corporations rank in the 2015 list amerisourcebergen 16 dupont 87 lincoln national 223 universal health services 324 campbell soup 342 ugi 349 burlington stores inc. 500 other notable philadelphia based businesses amoroso s beneficial bank chemtura day & zimmermann fmc corporation independence blue cross pennsylvania real estate investment trust pep boys philadelphia media network radian group urban outfitters notable philadelphia based professional partnerships ballard spahr blank rome cozen o connor dechert drinker biddle & reath duane morris morgan lewis & bockius pepper hamilton saul ewing white and williams other notable delaware valley based businesses actua corporation airgas alliedbarton ametek aqua america asplundh bentley systems brandywine realty trust boscov s carpenter technology cephalon chemours christiana care health system crozer keystone health system david s bridal epam systems enersys hamilton lane liberty property trust penn mutual penn national gaming rita s italian ice sei investments slm sungard susquehanna international group vanguard toll brothers triumph group unisys viropharma vishay intertechnology vwr wawa wilmington trust w. l. gore and associates wsfs bank notable delaware valley based us headquarters of foreign businesses aberdeen asset management ace agustawestland astrazeneca delaware investments glaxosmithkline ing group keystone foods sap america siemens medical shire pharmaceuticals subaru teva pharmacueticals td bank notable delaware valley based division headquarters of us corporations acme cerberus capital management centocor johnson & johnson colonial penn conseco delmarva power exelon gsi commerce ebay hercules ashland mab paints sherwin williams mcneil laboratories j & j neoware hewlett packard peco exelon qvc liberty media rohm and haas dow chemical sunoco energy transfer tasty baking flowers foods retrieved from https en.wikipedia.org w index.php title ugi corporation & oldid 743855716 categories companies listed on the new york stock exchangepower companies of the united statesnatural gas companies of the united statescompanies based in montgomery county pennsylvaniahistory of philadelphia1964 in law1968 in united states case lawcompanies established in 18821882 establishments in pennsylvaniahidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran ais edit links this page was last modified on 11 october 2016 at 17 16 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and 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