Unitil

UNITIL Corp. operates as a holding company, which engages in power generation and distribution. It operates through the following segments: Gas, Electric, Non-Regulated and Other. The firm produces and sells electricity & natural gas. The company was founded in 1984 and is headquartered in Hampton, NH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Unitil (UTL) reports robust Q4 earnings and outlines growth strategies

Unitil (UTL) showcased strong financial performance, operational achievements, and commitment to stakeholders during the Q4 2022 earnings call. The company's focus on earnings growth, successful rate cases, and strategic execution positions it well for future opportunities and value creation.

Unitil reports strong Q1 earnings, reaffirms growth guidance confidently

Unitil's Q1 2023 performance reflects robust financial growth, driven by operational excellence, regulatory wins, and strategic focus on customer service and sustainability. The company's strong balance sheet and reaffirmed guidance underscore its resilience and growth potential in the evolving energy landscape.
While facing challenges from regulatory dynamics and market competition, Unitil's strategic clarity and financial strength position it well to navigate uncertainties and capitalize on emerging opportunities. By leveraging its strengths and addressing potential challenges proactively, Unitil aims to sustain its growth trajectory and deliver value to stakeholders.

Unitil reports 7% net income growth, focuses on clean energy

Unitil Corporation delivered strong financial performance in Q2 2023, driven by regulatory agenda execution, cost control, and customer growth, with net income increasing by 7% year-over-year.
The company's emphasis on operational and financial excellence, coupled with investments in clean energy, positions it well for sustained growth and value creation.
While facing challenges in regulatory changes and market dynamics, Unitil has opportunities to optimize its operations, expand its market presence, and drive long-term profitability.
Strategic initiatives in rate cases, capital spending, and debt refinancing underscore Unitil's commitment to financial management and strategic growth, enhancing its competitive position.

Unitil reports 10% earnings growth, focuses on sustainability and growth

Unitil Corporation's Q3 2023 performance reflects steady earnings growth driven by regulatory success, cost control, and revenue stability through decoupled rate structures.
The company's strengths lie in its sustainability commitments, positive workplace culture, and focus on delivering value to stakeholders while maintaining premium utility status.
Challenges include navigating regulatory proceedings, meeting ambitious sustainability targets, and balancing capital spending for growth with financial stability.
Opportunities abound in optimizing revenue streams, infrastructure development, and market differentiation through regulatory initiatives and sustainability efforts.

Unitil (UTL) exceeds earnings guidance, faces policy challenges in MA

Unitil's Q4 2023 earnings call showcased strong financial performance, dividend growth, and reaffirmed guidance. Despite cost increases and policy concerns, the company remains focused on operational excellence and sustainable shareholder value.

Unitil reports robust Q1 earnings, poised for sustainable growth

Unitil Corporation's Q1 2024 performance reflects solid financial growth, driven by increased net income and improved gross margins in electric and gas segments.
The company's commitment to sustainability, operational excellence, and strategic investments underpin its resilience and long-term growth prospects.
While facing challenges in managing rate proceedings and dividend payouts, Unitil is well-positioned to leverage opportunities in renewable energy, customer expansion, and financial stability.

Unitil reports steady Q2 earnings, acquires Bangor Natural Gas

Unitil's Q2 2024 performance reflects stability with a slight increase in net income and an outlook in line with long-term guidance.
The company's strengths lie in strategic acquisitions, substantial capital investments, and a commitment to renewable energy initiatives.
Challenges include integration risks, efficient capital deployment, and external market influences, while opportunities arise from diversification and sustainable growth strategies.

Unitil reports strong Q3 earnings, focuses on sustainability and growth

Unitil Corporation's Q3 2024 performance reflects growth in net income and strategic acquisitions, supporting long-term earnings growth and sustainability goals.
Despite facing regulatory challenges and significant capital spending projections, the company's strong balance sheet and operational efficiency position it well for future opportunities.
Overall, Unitil's focus on sustainability, operational efficiency, and strategic investments presents a positive outlook for continued growth and value creation for stakeholders.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

UNITIL Corp. operates as a holding company, which engages in the local distribution of electricity and natural gas. It operates through the following segments: Electric, Gas, and Others. The company was founded in 1984 and is headquartered in Hampton, NH.

MGE Energy

Investors with an interest in Utility - Electric Power stocks have likely encountered both Unitil (UTL) and MGE (MGEE). But which of these two stocks presents investors with the better value opportunity right now?

UTL vs. MGEE: Which Stock Should Value Investors Buy Now?

Unitil Corporation delivered better than expected EPS GAAP figures and expects long-term rate base growth of 6.5%-8.5%. The company has experienced revenue growth in almost all of its segments and has a strong dividend growth track record. Recent acquisitions, approved restructuring plans, and successful debt agreements could drive demand for the stock.

Unitil: Strong Dividend Growth And Clean Energy Projects Make It Attractive

Unitil Corporation (UTL) Q4 2023 Earnings Call Transcript

Unitil (UTL) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.91 per share a year ago.

Unitil (UTL) Q4 Earnings Surpass Estimates

HAMPTON, N.H., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced Net Income of $45.2 million, or $2.82 in Earnings Per Share (EPS), for the year ended December 31, 2023, an increase of $3.8 million in Net Income, or $0.23 in EPS, compared to 2022. The Company's 2023 Electric and Gas GAAP Gross Margins were $78.1 million and $114.1 million, respectively.

Unitil Reports Year-End Earnings

Applied Industrial Technologies

ALLETE

Amgen

Black Hills

Church & Dwight

CNA Financial

Chevron

Con Ed

Enbridge

FB Financial

International Bancshares Corp.

Eli Lilly

MarketAxess Holdings

MSCI

Oshkosh

Park National

Schwab US Dividend Equity ETF

WEC Energy Group

Nineteen new dividend increases reported, including two dividend kings: Consolidated Edison and Black Hills Corporation. Companies that regularly raise their dividends perform better than those that do not.

19 Upcoming Dividend Increases Including 2 Kings

HAMPTON, N.H., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) ( unitil.com ) today announced that its Board of Directors raised the quarterly dividend on the Company's common stock to $0.425 per share, an increase of $0.02 per share. Today's action increased the Company's annualized dividend by $0.08, to $1.70 per share. Also today, the Board declared the first quarter common stock dividend of $0.425 per share, payable February 29, 2024, to shareholders of record on February 14, 2024.

Unitil Increases Common Stock Dividend

HAMPTON, N.H., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) has scheduled the release of its fourth quarter 2023 earnings before the market opens on February 13, 2024. Unitil will host its conference call and webcast later that day at 10:00 a.m. (ET) to review its results. Related presentation materials will be available before the call on the Company's Investors page at investors.unitil.com.

Unitil Schedules Fourth Quarter 2023 Earnings Release and Conference Call

Unitil (UTL), with its regular dividend payment and rising earnings estimates, makes a strong case for investment in the utility space.

4 Reasons to Add Unitil (UTL) to Your Portfolio Right Now

DTE Energy

Investors with an interest in Utility - Electric Power stocks have likely encountered both Unitil (UTL) and DTE Energy (DTE). But which of these two stocks offers value investors a better bang for their buck right now?

UTL or DTE: Which Is the Better Value Stock Right Now?

HAMPTON, N.H., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced that Eben S. Moulton will resign as a member of the Board of Directors (the “Board”) of Unitil Corporation, effective as of today, December 1, 2023. Mr. Moulton has served on the Board since 2000, including as chair of the Compensation Committee from 2002 to 2017. Mr. Moulton elected to resign from the Board prior to the expiration of his current term in April 2025 in order to pursue additional personal interests in his retirement years.

Unitil Announces Director Resignation

Unitil Corporation (NYSE:UTL ) Q3 2023 Results Conference Call November 7, 2023 10:00 AM ET Company Participants Todd Diggins - Chief Accounting Officer Tom Meissner - Chairman and CEO Dan Hurstak - SVP, CFO and Treasurer Conference Call Participants Shar Pourreza - Guggenheim Partners Todd Diggins Good morning, and thank you for joining us to discuss Unitil Corporation's Third Quarter 2023 Financial Results. Speaking on the call today will be Tom Meissner, Chairman and Chief Executive Officer; and Dan Hurstak, Senior Vice President, Chief Financial Officer and Treasurer.

Unitil Corporation (UTL) Q3 2023 Earnings Call Transcript

HAMPTON, N.H., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) has scheduled the release of its third quarter 2023 earnings before the market opens on November 7, 2023. Unitil will host its conference call and webcast later that day at 10:00 a.m. (ET) to review its quarterly results. Related presentation materials will be available before the call on the Company's Investors page at investors.unitil.com.

Unitil Schedules Third Quarter 2023 Earnings Release and Conference Call

Atmos Energy

Middlesex Water

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Top 4 Utilities Stocks You'll Regret Missing This Quarter

Hawaiian Electric Industries

Pure Cycle

Top 3 Utilities Stocks That Could Blast Off In Q3 - Pure Cycle (NASDAQ:PCYO), Hawaiian Electric Indus (NYSE:HE)

Unitil Corporation offers dividend growth and expects EPS growth of 5%-7%. Investments in infrastructure and new building permits in Maine and New Hampshire will likely lead to free cash flow and net income growth. The stock appears undervalued, despite risks of lower gas demand.

Unitil Corporation: Conservative Play With EPS Growth Expected, And Undervalued

Unitil Corporation (NYSE:UTL ) Q2 2023 Earnings Conference Call August 1, 2023 10:00 AM ET Company Participants Todd Diggins - Chief Accounting Officer and Controller Tom Meissner - Chairman, President and CEO Daniel Hurstak - SVP, CFO and Treasurer Conference Call Participants Operator Good day and thank you for standing by. Welcome to the Unitil's Second Quarter 2023 Earnings Conference Call.

Unitil Corporation (UTL) Q2 2023 Earnings Call Transcript

Unitil (UTL) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.30 per share a year ago.

Unitil (UTL) Q2 Earnings Miss Estimates

HAMPTON, N.H., July 18, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) has scheduled the release of its second quarter 2023 earnings before the market opens on August 1, 2023. Unitil will host its conference call and webcast later that day at 10:00 a.m. (ET) to review its quarterly results. Related presentation materials will be available before the call on the Company's Investors page at investors.unitil.com.

Unitil Schedules Second Quarter 2023 Earnings Release and Conference Call

Unitil Corporation (NYSE:UTL ) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Todd Diggins - Chief Accounting Officer and Controller Tom Meissner - Chairman, President and Chief Executive Officer Daniel Hurstak - Controller and Chief Accounting Officer Conference Call Participants Operator Good day and thank you for standing by. Welcome to the Q1 2023 Unitil Earnings Conference Call.

Unitil Corporation (UTL) Q1 2023 Earnings Call Transcript

Unitil (UTL) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.35 per share a year ago.

Unitil (UTL) Surpasses Q1 Earnings and Revenue Estimates

HAMPTON, N.H., April 26, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) ( unitil.com ) today announced that at its 2023 Annual Meeting of Shareholders, Anne L. Alonzo was elected as a new member of the Board of Directors for an initial term of two years.

Unitil Shareholders Elect Anne L. Alonzo to the Board of Directors

HAMPTON, N.H., April 26, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (“Unitil” or the “Company”) (NYSE:UTL) ( unitil.com ) today announced that its Board of Directors has approved several corporate organizational changes, all of which are effective as of May 1, 2023.

Unitil Announces Organizational Changes

HAMPTON, N.H., April 18, 2023 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) has scheduled the release of its first quarter 2023 earnings before the market opens on May 2, 2023. Unitil will host its conference call and webcast later that day at 10:00 a.m. (ET) to review its quarterly results. Related presentation materials will be available before the call on the Company's Investors page at investors.unitil.com.

Unitil Schedules First Quarter 2023 Earnings Release and Conference Call

Unitil Corporation (UTL) makes a strong case for investment, given its earnings growth prospects, strong ROE and ability to increase shareholders' value.

News for Unitil Stock (UTL)