UGI (UGI) Q2 FY26 earnings call

UGI Corporation is strategically sharpening its focus on natural gas, divesting its electric division for $470 million to reduce debt and fund natural gas growth. The company reported a $17 million increase in YTD segment EBIT, driven by utility rate increases and international margin management, despite a Q2 EPS decline and a revised full-year guidance due to midstream investment delays and slower AmeriGas earnings translation. Significant progress has been made in strengthening the balance sheet, with consolidated net leverage at a 5-year low of 3.7x and AmeriGas's credit profile improving t