11 Most Undervalued Utility Stocks to Buy Now

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5. UGI Corporation (NYSE:UGI)

Forward P/E: 11.01

On February 5, UGI Corporation (NYSE:UGI) announced its earnings results for Q1 2026. Q1 adjusted EPS was $1.26 compared to $1.37 in the prior-year period, while revenue increased to $2.08 billion from $2.03 billion last year, reflecting steady top-line expansion despite earnings normalization. President and Chief Executive Officer Bob Flexon stated that UGI delivered a solid start to fiscal 2026, achieving 5% growth in total reportable segment EBIT in line with internal expectations. He highlighted strong performance in the natural gas segment, supported by robust demand trends and the implementation of a gas-based rate case at the Pennsylvania utility.

Within the Global LPG segment, favorable weather conditions in certain U.S. regions, combined with operational efficiencies, disciplined margin management, and cost control initiatives, offset the impact of recent divestitures. Management also emphasized ongoing progress in business process enhancements, safety standards, and cultural transformation initiatives, which are intended to strengthen operational resilience and unlock incremental intrinsic value. Looking ahead, the company reiterated its commitment to operational excellence, disciplined capital allocation, and long-term growth execution, reinforcing confidence in sustainable shareholder value creation.

The same day, UGI Corporation (NYSE:UGI) announced the appointment of Sidd Manjeshwar as Chief Strategy Officer, joining the executive leadership team. In this newly established role, Manjeshwar will lead the development and execution of the company’s enterprise-wide strategic vision, including the identification and evaluation of growth opportunities. His prior experience as Senior Vice President and CFO at AdvanSix adds financial and strategic depth to UGI’s leadership bench.

UGI Corporation (NYSE:UGI), formerly United Gas Improvement Corp., is a diversified energy distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations across the United States and Europe. Founded in 1882, the company operates regulated natural gas and electric utilities alongside global LPG distribution businesses.

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