UGI names Julie Fazio as President of International Unit

VALLEY FORGE, Pa. - UGI Corporation (NYSE: UGI), a $7 billion market cap energy company that has delivered a remarkable 42% return over the past six months according to InvestingPro, has appointed Julie Fazio as the new President of its subsidiary, UGI International, effective immediately. Fazio, who joined the company in September 2022 as Vice President of Supply, quickly rose through the ranks. By December 2023, she was overseeing the LPG businesses in France and Belgium as Vice President of Region West, in addition to her supply chain responsibilities.

Bob Flexon, President & CEO of UGI Corporation, expressed confidence in Fazio’s leadership, highlighting her impactful efforts in supply chain optimization and operational streamlining. Flexon praised her extensive experience in the downstream energy sector and her focus on safety and operational excellence.

Fazio, acknowledging the significance of her new role, emphasized her commitment to driving value and maintaining the company’s legacy of strong customer service and financial performance. She credited her team’s dedication as a driving force behind UGI International’s success.

UGI Corporation is a prominent distributor and marketer of energy products and services, with operations spanning the United States and Europe. Its subsidiaries are engaged in various aspects of the energy industry, including natural gas and electric distribution, midstream services, propane distribution, renewable energy, and energy marketing. The company generates annual revenues of $7.1 billion and maintains a healthy gross profit margin of 54%. InvestingPro analysis reveals 8 additional key insights about UGI’s financial strength and market position, available to subscribers.

UGI International is a key player in the European LPG market, serving diverse sectors and distributing approximately 875 million gallons of LPG in 2024. This appointment comes at a time when the company continues to solidify its presence in the energy sector across 16 European countries.

The information for this article is based on a press release statement from UGI Corporation.

In other recent news, UGI Corporation has been active with several significant financial maneuvers and strategic updates. A notable development is the redemption of all outstanding 5.500% Senior Notes due 2025 by its subsidiaries, AmeriGas Partners, L.P. and AmeriGas Finance Corp., effective March 7, 2025. This action aligns with UGI’s financial management strategy to optimize its capital structure. Additionally, UGI’s indirect subsidiary, AmeriGas Propane, L.P., has amended its credit agreement, which includes changes to the minimum liquidity covenant, enhancing the company’s financial flexibility.

In corporate governance updates, UGI shareholders have elected all ten nominees to the Board of Directors and approved the executive compensation plan during the recent Annual Meeting. The appointment of KPMG LLP as the independent auditor for fiscal year 2025 was also ratified. On the analyst front, Jefferies has raised UGI’s stock price target to $35.00, maintaining a Buy rating, citing a strong outlook and expected earnings growth. Similarly, Mizuho Securities increased its price target to $33.00, keeping an Outperform rating, reflecting confidence in UGI’s strategic initiatives and future performance.

These developments highlight UGI’s ongoing efforts to manage its financial health and strategic direction, which have garnered positive attention from analysts.

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