tiprankstipranks
Trending News
More News >

UGI’s Subsidiary Enters New Credit Agreement

Story Highlights
  • Mountaineer Gas Company refinanced its 2019 Credit Agreement on May 16, 2025.
  • The new agreement offers a $150 million credit facility with potential expansion to $250 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
UGI’s Subsidiary Enters New Credit Agreement

Confident Investing Starts Here:

The latest update is out from UGI ( (UGI) ).

On May 16, 2025, Mountaineer Gas Company, a subsidiary of UGI Corporation, entered into a new Credit Agreement with The Huntington National Bank and other lenders, refinancing its 2019 Credit Agreement. The new agreement provides a revolving credit facility of $150 million, with the option to increase it to $250 million, and includes various financial covenants and conditions. This strategic financial move is aimed at refinancing existing debt, supporting working capital, and facilitating general corporate purposes, potentially strengthening Mountaineer’s financial position and operational flexibility.

The most recent analyst rating on (UGI) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on UGI stock, see the UGI Stock Forecast page.

Spark’s Take on UGI Stock

According to Spark, TipRanks’ AI Analyst, UGI is a Outperform.

UGI demonstrates strong financial performance and positive technical momentum, supported by improved cash flow and effective operational strategies. The stock’s valuation is moderate, offering a solid dividend yield. However, the high debt levels and potential revenue challenges present risks. Overall, UGI is well-positioned for future growth, but investors should remain cautious of external challenges and market conditions.

To see Spark’s full report on UGI stock, click here.

More about UGI

UGI Corporation operates in the energy sector, focusing primarily on natural gas distribution through its subsidiary, Mountaineer Gas Company. The company serves various market segments, providing essential energy services and solutions.

Average Trading Volume: 2,142,591

Technical Sentiment Signal: Buy

Current Market Cap: $7.7B

For a thorough assessment of UGI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1