<SEC-DOCUMENT>0001299933-14-001696.txt : 20141106
<SEC-HEADER>0001299933-14-001696.hdr.sgml : 20141106
<ACCEPTANCE-DATETIME>20141106074857
ACCESSION NUMBER:		0001299933-14-001696
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20141105
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20141106
DATE AS OF CHANGE:		20141106

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UGI CORP /PA/
		CENTRAL INDEX KEY:			0000884614
		STANDARD INDUSTRIAL CLASSIFICATION:	GAS & OTHER SERVICES COMBINED [4932]
		IRS NUMBER:				232668356
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11071
		FILM NUMBER:		141198828

	BUSINESS ADDRESS:	
		STREET 1:		460 N GULPH RD
		STREET 2:		P O BOX 858
		CITY:			KING OF PRUSSIA
		STATE:			PA
		ZIP:			19406
		BUSINESS PHONE:		6103371000

	MAIL ADDRESS:	
		STREET 1:		460 NORTH GULPH ROAD
		CITY:			KING OF PRUSSIA
		STATE:			PA
		ZIP:			19406

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NEW UGI CORP
		DATE OF NAME CHANGE:	19600201
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<TYPE>8-K
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<TITLE> UGI Corporation (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	November 5, 2014
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	UGI Corporation
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Pennsylvania
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	1-11071
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	23-2668356
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	460 No.Gulph Road, King of Prussia, Pennsylvania
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	&nbsp;
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	19406
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
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	Registrant&#146;s telephone number, including area code:
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	610 337-1000
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&nbsp;
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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	Item 2.02 Results of Operations and Financial Condition.
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On November 5, 2014, UGI Corporation (the "Company") issued a press release announcing expected financial results for the Company for the fiscal year ended September 30, 2014.  A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.
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	Item 7.01 Regulation FD Disclosure.
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In its November 5, 2014 press release, the Company also announced earnings guidance for the fiscal year ending September 30, 2015.  The November 5, 2014 press release also references the Company's Analyst Day to be held on November 6, 2014.  The presentation materials for the live audio webcast will be available in the "Investor Relations" section of the Company's website (www.ugicorp.com) during and following the webcast.  A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.<br><br>In accordance with General Instruction B.2 of Form 8-K, the information in this report, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and will not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in that filing.
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	Item 9.01 Financial Statements and Exhibits.
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(d) Exhibits.  The following exhibit is being furnished herewith:<br><br>99.1  Press Release of UGI Corporation dated November 5, 2014.
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	SIGNATURES
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
	registrant has duly caused this report to be signed on its behalf by the
	undersigned hereunto duly authorized.
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	UGI Corporation
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	&nbsp;&nbsp;
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<I>
	November 6, 2014
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	&nbsp;
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<I>
	By:
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	&nbsp;
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<I>
	/s/ Monica M. Gaudiosi
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<BR>
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	Name: Monica M. Gaudiosi
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	Title: Vice President, General Counsel and Secretary
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	Exhibit&nbsp;Index
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	Exhibit No.
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	Description
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	99.1
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	&nbsp;
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Press Release of UGI Corporation dated November 5, 2014.
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    <TD align="left" valign="top"><FONT style="font-size: 11pt">Contact:</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><FONT style="font-size: 11pt">610-337-1000<BR>
Daniel Platt, ext. 1029<BR>
Shelly Oates, ext. 3202</FONT>
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    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="font-size: 11pt">For Immediate Release<BR>
Date: November&nbsp;5, 2014<BR>
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<P align="left" style="font-size: 11pt"><B>UGI Issues Earnings Guidance for Fiscal Years 2014 and 2015</B>


<P align="left" style="font-size: 11pt">VALLEY FORGE, Pa., November 5 &#150; UGI Corporation (NYSE: UGI) today announced earnings guidance for
fiscal years 2014 and 2015. UGI expects to report adjusted diluted earnings per share attributable
to UGI for its fiscal year ended September&nbsp;30, 2014 of approximately $1.99, in line with the
previously issued guidance of $1.97 &#151; $2.03. Estimated results for the current fiscal year exclude
the impact of mark-to-market losses on unsettled commodity hedging instruments at Midstream &
Marketing ($0.03 per diluted share) and AmeriGas Propane ($0.01 per diluted share) as well as the
retroactive effects of changes in French tax legislation enacted in the first fiscal quarter of
2014 ($.03 per diluted share).


<P align="left" style="font-size: 11pt">The $1.99 guidance for fiscal year 2014 represents a 26% increase in adjusted diluted earnings per
share attributable to UGI versus the prior fiscal year. The increase was primarily the result of
better than expected results at Midstream & Marketing and Gas Utility. The extreme cold felt
throughout the Northeast and Mid-Atlantic regions this past winter created unprecedented demand for
natural gas as well as heightened natural gas price volatility due to locational basis
differentials.


<P align="left" style="font-size: 11pt">John Walsh, president and chief executive officer of UGI, said, &#147;We expect earnings for the current
fiscal year to be in line with our previously issued guidance. Looking ahead to the fiscal year
ending September&nbsp;30, 2015, assuming normal weather patterns this coming winter, we expect to report
earnings in the range of $1.88 to $1.98 per diluted share. We have previously announced a number
of significant investment opportunities that we are pursuing and believe our prospects for fiscal
year 2016 and beyond are very bright. We look forward to providing investors with more insight on
all of our business units as well as discussing our guidance and growth prospects at UGI&#146;s Analyst
Day, which will take place tomorrow morning in New York City.&#148; UGI is scheduled to release more
detailed results for the fiscal year ended September&nbsp;30, 2014 at its earnings call on November&nbsp;13,
2014.</FONT><FONT style="font-size: 12pt">
</FONT>

<P align="left" style="font-size: 12pt"><FONT style="font-size: 11pt">Interested parties may listen to a live audio webcast of UGI&#146;s Analyst Day starting at 8:30
a.m. Eastern Time with the supporting slide presentation by visiting the company website
<U>http://www.ugicorp.com</U> and clicking on Investor Relations.
</FONT>

<P align="left" style="font-size: 11pt"><B>About UGI</B>
<BR>
UGI is a distributor and marketer of energy products and services. Through subsidiaries, UGI
operates natural gas and electric utilities in Pennsylvania, distributes propane both domestically
and internationally, manages midstream energy and electric generation assets in Pennsylvania, and
engages in energy marketing in the Mid-Atlantic region. UGI, through subsidiaries, is the sole
General Partner and owns 26% of AmeriGas Partners, L.P. (NYSE:APU), the nation&#146;s largest retail
propane distributor.


<P align="left" style="font-size: 11pt">Comprehensive information about UGI Corporation is available on the Internet at
<U>http://www.ugicorp.com.</U>


<P align="center" style="font-size: 11pt"><FONT style="font-size: 12pt"><B>- More -</B></FONT>



<P align="left" style="font-size: 12pt"><FONT style="font-size: 11pt"><B>UGI Issues Earnings Guidance for Fiscal Years 2014 and 2015 Page 2</B>
</FONT>

<P align="left" style="font-size: 11pt"><FONT style="font-size: 10pt"><I>This press release contains certain forward-looking statements that management believes to be
reasonable as of today&#146;s date only. Actual results may differ significantly because of risks and
uncertainties that are difficult to predict and many of which are beyond management&#146;s control. You
should read UGI&#146;s Annual Report on </I><I>Form 10-K</I><I> and Quarterly Reports on </I><I>Form 10-Q</I><I> for a more
extensive list of factors that could affect results. Among them are adverse weather conditions,
cost volatility and availability of all energy products, including propane, natural gas,
electricity and fuel oil, increased customer conservation measures, the impact of pending and
future legal proceedings, domestic and international political, regulatory and economic conditions
in the United States and in foreign countries, including the current conflicts in the Middle East
and those involving Russia, and foreign currency exchange rate fluctuations (particularly the
euro), the timing of development of Marcellus Shale gas production, the timing and success of our
acquisitions, commercial initiatives and investments to grow our business, and our ability to
successfully integrate acquired businesses and achieve anticipated synergies. UGI undertakes no
obligation to release revisions to its forward-looking statements to reflect events or
circumstances occurring after today.</I>
</FONT>

<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt">C-10 ### 11/5/14
</FONT>


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