Bob Flexen
President and CEO
Replay available
UGI Corporation (NYSE: UGI) Q4 2025 earnings conference call, held 2025-11-21. Replay captured from the company's public earnings webcast.

President and CEO
Vice President of Investor Relations and ESG
Chief Financial Officer
President of Amerigas Propane
Analyst
Analyst, Jefferies
Analyst, Ladenburg-Bellman
Good day and thank you for standing by. Welcome to the UGI Corporation Fourth Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I'd now like to hand the conference over to Tamika Morris, Vice President of Investor Relations and ESG. Please go ahead. Good morning, everyone. Thank you for joining our fiscal 2025 fourth quarter earnings call. With me today are Bob Flexen, President and CEO, Sean O'Brien, CFO, and Mike Sharp, President of Amerigas Propane. On today's call, we will review our fiscal 2025 financial results and key accomplishments, as well as the strategic priorities and financial outlook for fiscal 26, before concluding with a question and answer session. Before we begin, let me remind you that our comments today include certain forward-looking statements, which management believes to be reasonable as of today's date only. Actual results may differ significantly because of risks and uncertainties that are difficult to predict. Please read our earnings release and our annual reports for an extensive list of factors that could affect results. We assume no duty to update or revise forward-looking statements to reflect events or circumstances that are different from expectations. We will also describe our business using certain non-GAAP financial measures. Reconciliations of these measures to the comparable GAAP measures are available within our presentation. And wi...