The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Gabriel Moreen - Mizuho Securities - Analyst
: Sorry, hey, good morning. Sorry about that. I was on mute. Just want to start with, yeah, okay, just wanted to start out with AmeriGas, clearly some
improved performance with some benefits for some weather here. Can you just talk about kind of, I guess, learn more about the learnings coming
out of the winter and also maybe what you're targeting kind of going into this upcoming fiscal year.
And then on a related question, I think last quarter you talked about your, targeting trying to refinance the $26 million maturities by the end of
this fiscal year, can you just give us an update there? Are you still comfortable with that objective?
Question: Gabriel Moreen - Mizuho Securities - Analyst
: Great thanks guys and maybe if I could follow up just sort of sticking on a bigger picture theme on in basin, sort of Appalachia, natural gas demand.
It seems like that's been very topical no matter whose conference call, earnings conference call you listen to this quarter. Just wondering kind of
latest thoughts on UGI's positioning in terms of partnering with any of those folks looking to take advantage of, or cheap Appalachian gas and just
what those conversations might be looking like lately.
Question: Gabriel Moreen - Mizuho Securities - Analyst
: Thanks Bob, appreciate that.
Question: Paul Zimbardo - Jefferies Group LLC - Analyst
: Hi, good morning team. It's actually Paul Zimbardo filling in for Julien on a busy morning. Thanks for the time.
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MAY 08, 2025 / 1:00PM, UGI.N - Q2 2025 UGI Corp Earnings Call
Question: Paul Zimbardo - Jefferies Group LLC - Analyst
: Hi, Bob, thank you for all that colour on AmeriGas. Is there any quantification that you'd be willing to put on how much incremental margin or
EBITDA you see from AmeriGas, turn into fiscal 2026? I know that there's been a little bit of performance, but there's been some strong in the past.
You can get back to some of the EBITDA level that you've seen in the historical periods?
Question: Paul Zimbardo - Jefferies Group LLC - Analyst
: No, that's great to hear. And then, well, the second one I had for Sean, just if you could comment a little bit on the (inaudible) this second half
drivers, there's no you implied that loss is particularly high versus historical levels. It sounded like you're pulling forward some costs into the second
half of the fiscal year from the next fiscal year, but just if you could discuss the driver would be helpful. Thank you.
Question: Paul Zimbardo - Jefferies Group LLC - Analyst
: No, excellent. It's great to see and hear the momentum. So thank you both.
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