Unitil (UTL) Stock News

Unitil (NYSE: UTL) will release third quarter 2025 earnings after the market close on November 3, 2025. The company will host a conference call and webcast to review results on November 4, 2025 at 2:00 p.m. ET.

Presentation materials and a live listen-only webcast will be available on the Company’s Investors page at investors.unitil.com. Dial-in registration is available via the web link; a webcast archive will be posted and available for one year.

Unitil operates in Maine, New Hampshire and Massachusetts and serves approximately 109,400 electric and 97,600 natural gas customers.

Unitil Corporation (NYSE: UTL) has successfully closed its previously announced public offering of 1,602,358 shares of common stock at $46.65 per share, including the full exercise of the underwriters' over-allotment option. The offering generated approximately $74.75 million in proceeds before deducting underwriting costs.

The company plans to use the net proceeds to make equity capital contributions to its regulated utility subsidiaries, repay outstanding debt under its credit agreement, and for general corporate purposes. The offering was conducted through Wells Fargo Securities, LLC and Scotia Capital (USA) Inc. as active bookrunners, with Janney Montgomery Scott LLC acting as bookrunner.

Unitil Corporation (NYSE: UTL) has announced the pricing of its public offering of 1,393,355 shares of common stock at $46.65 per share. The offering, expected to close on August 18, 2025, includes an option for underwriters to purchase up to an additional 209,003 shares.

The company plans to use the proceeds to make equity capital contributions to its regulated utility subsidiaries, repay existing debt under its credit agreement, and for general corporate purposes. The offering is being managed by Wells Fargo Securities, LLC and Scotia Capital (USA) Inc. as active bookrunners, with Janney Montgomery Scott LLC acting as bookrunner.

Unitil Corporation (NYSE: UTL) has announced a registered offering of $65 million worth of common stock shares, with an additional option for underwriters to purchase up to $9.75 million in shares. The company plans to use the proceeds to make equity capital contributions to its regulated utility subsidiaries, repay existing debt, and for general corporate purposes.

The offering will be managed by Wells Fargo Securities, LLC and Scotia Capital (USA) Inc. as active bookrunners, with Janney Montgomery Scott LLC acting as bookrunner. Unitil, which serves approximately 109,400 electric customers and 97,600 natural gas customers in New England, will conduct the offering through a prospectus supplement under its effective registration statement on Form S-3ASR.

Unitil Corporation (NYSE: UTL) reported Q2 2025 earnings with Net Income of $4.0 million, or $0.25 EPS, down $0.3 million from Q2 2024. The company's Adjusted Net Income was $4.7 million ($0.29 EPS), showing a $0.4 million increase year-over-year.

For the first half of 2025, Unitil achieved Net Income of $31.5 million ($1.94 EPS) and Adjusted Net Income of $33.1 million ($2.03 EPS). Key operational highlights include increased Gas GAAP Gross Margin of $23.2 million (up $2.7 million) and Electric GAAP Gross Margin of $18.0 million (up $0.2 million) in Q2 2025.

The company maintained its quarterly dividend at $0.45 per share, representing an annualized rate of $1.80 per share.

Unitil Corporation (NYSE:UTL) has announced its regular quarterly dividend of $0.45 per share, payable on August 28, 2025, to shareholders of record as of August 14, 2025. This quarterly distribution represents an effective annualized dividend rate of $1.80 per share.

Unitil operates as a public utility holding company providing electricity and natural gas services across New England, serving approximately 109,400 electric customers and 97,600 natural gas customers through its operations in Maine, New Hampshire, and Massachusetts.

Unitil Corporation (NYSE: UTL) has announced its schedule for second quarter 2025 earnings release and conference call. The company will release its Q2 2025 earnings after market close on August 4, 2025, followed by a conference call and webcast on August 5, 2025 at 2:00 p.m. ET.

Unitil, a public utility holding company operating in Maine, New Hampshire and Massachusetts, serves approximately 109,400 electric customers and 97,600 natural gas customers. Presentation materials will be available on the company's Investors page prior to the call, and an archive of the webcast will be accessible for one year.

Unitil Corporation (NYSE: UTL) reported Q1 2025 Net Income of $27.5 million, or $1.69 EPS, a slight increase from 2024. Adjusted Net Income was $28.4 million ($1.74 EPS), up $1.2 million year-over-year. The company saw strong performance in its gas segment, with Gas GAAP Gross Margin increasing by $6.9 million to $57.1 million, driven by higher rates, customer growth, and favorable winter weather. Electric GAAP Gross Margin decreased slightly to $19.6 million. Notable metrics include:

• Total Electric kWh Sales increased 6.9% to 438.2 million
• Gas Therm Sales grew 26.1% to 113.1 million
• Operation & Maintenance expenses rose $4.4 million
• Quarterly dividend declared at $0.45 per share

The results reflect the integration of Bangor Natural Gas Company acquisition and continued progress on strategic initiatives.

Unitil Corporation (NYSE: UTL) has announced a definitive agreement to acquire three water companies from Aquarion Water Authority for $100.0 million, including $30.0 million in assumed debt. The acquisition includes Aquarion Water Company of Massachusetts, Aquarion Water Company of New Hampshire, and Abenaki Water Co. The water systems serve approximately 23,000 customers across 15 communities in Massachusetts and New Hampshire, with approximately 330 miles of water distribution mains. The Aquarion Companies' rate base is estimated at $78.0 million as of December 2024 and forecasted to reach $87.0 million by December 2025. The transaction, expected to close in late 2025, is subject to regulatory approvals and is anticipated to support Unitil's long-term earnings per share growth of 5% to 7%. Scotiabank will provide committed debt financing for the purchase.