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Unitil Corporation reports developments tied to its regulated electric and natural gas utility operations in New England. The company is a public utility holding company with operating utilities in Maine, New Hampshire and Massachusetts, with service activities organized around electric distribution, natural gas distribution and related gas transmission operations.
Recurring news includes quarterly and annual earnings, rate and customer-growth effects on electric and gas margins, common stock dividend declarations, shareholder meeting results, board elections and updates on strategic utility acquisitions. Company updates also address system reliability investment, regulatory revenue items, non-GAAP adjustments for transaction costs and integration of acquired gas and water utility businesses.
Unitil (NYSE:UTL) on November 3, 2025 released its 2025 Corporate Sustainability and Responsibility Report covering 2024 successes and continuing 2025 initiatives.
The interactive, mobile-responsive report highlights progress on carbon reduction, environmental stewardship, operational safety and reliability, human capital, and customer engagement. It aligns with SASB standards and includes metrics following the American Gas Association and Edison Electric Institute templates for regulated electric and gas utilities.
Unitil describes its service footprint as approximately 109,400 electric customers and 103,900 natural gas customers across Maine, New Hampshire, and Massachusetts. The report is available at https://unitil.com/2025-Sustainability-Report.
Unitil (NYSE: UTL) reported Q3 2025 GAAP net loss of $0.3M (loss of $0.02 per share) and Adjusted Net Income of $0.4M ($0.03 per share), unchanged year‑over‑year. For the nine months ended Sept 30, 2025, GAAP Net Income was $31.2M ($1.89 per share) and Adjusted Net Income was $33.5M ($2.03 per share), up $1.4M vs. prior year.
Key drivers: higher electric and gas rates and customer growth boosted adjusted gross margins; acquisitions (Bangor integrated; Maine Natural purchase completed) contributed to revenue and costs; O&M, depreciation and interest expenses increased.
Unitil (NYSE:UTL) completed the purchase of Maine Natural Gas Company from Avangrid Enterprises on Oct 31, 2025, following regulatory approvals including the Maine Public Utilities Commission.
Maine Natural serves ~6,300 customers across nine Greater Portland communities and Augusta, operates ~230 miles of distribution mains, and had an estimated $69.0 million rate base as of Dec 31, 2024. The purchase price was $86.0 million plus ~$7.1 million for estimated working capital.
Unitil now serves approximately 213,300 customers in Maine, New Hampshire, and Massachusetts. The $86.0 million portion of the purchase price was funded with a term loan from Scotiabank, with the balance from Unitil’s existing funds.
Unitil (NYSE:UTL) declared a regular quarterly common stock dividend of $0.45 per share, payable November 28, 2025 to shareholders of record on November 13, 2025. This dividend implies an effective annualized rate of $1.80 per share.
Unitil provides electricity and natural gas in New England, serving approximately 109,400 electric customers and 97,600 natural gas customers across Maine, New Hampshire and Massachusetts.
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.