Welcome to our dedicated page for Unitil news (Ticker: UTL), a resource for investors and traders seeking the latest updates and insights on Unitil stock.
Unitil Corporation (UTL) provides essential electricity and natural gas services to New England communities through regulated utility operations. This news hub offers investors and stakeholders timely updates on corporate developments, financial disclosures, and operational milestones.
Access authoritative information on earnings announcements, regulatory filings, infrastructure investments, and strategic initiatives. Our curated collection ensures efficient tracking of key events affecting Unitil's electric and gas distribution segments across Maine, New Hampshire, and Massachusetts.
Discover updates spanning rate case decisions, system modernization projects, weather-related preparedness efforts, and community partnership programs. Content is organized chronologically and verified for relevance to long-term operational performance in the utility sector.
Bookmark this page for streamlined monitoring of Unitil's compliance updates, dividend declarations, and leadership communications. Check regularly for new filings and press releases directly affecting service reliability and regulatory standing in Northeast energy markets.
Unitil Corporation (NYSE: UTL) reported a Net Income of $4.9 million or $0.30 EPS for Q2 2022, up by $2.2 million from Q2 2021. For the first half, Net Income reached $26.4 million with $1.65 per share, an increase of $4.8 million year-over-year. Electric and Gas GAAP Gross Margins for Q2 were $17.9 million and $19.3 million, respectively. Revenue growth was aided by completed base rate cases in New Hampshire, although electric sales dropped 1.6% due to cooler weather.
Unitil Corporation (NYSE:UTL) has declared a quarterly dividend of $0.39 per share on its common stock, set to be paid on August 26, 2022, to shareholders recorded by August 12, 2022. This dividend reflects an effective annualized rate of $1.56 per share. Unitil serves approximately 107,700 electric customers and 86,600 natural gas customers across New England, emphasizing its commitment to providing safe and reliable energy.
Unitil Corporation (NYSE: UTL) announced its second quarter 2022 earnings release, set for August 2, 2022, before market opening. This will be followed by a conference call at 10:00 a.m. (ET) to discuss the quarterly results. Unitil delivers natural gas and electricity across New England, servicing around 107,700 electric customers and 86,600 natural gas customers. Interested investors can access the call via the Company’s Investors page, and a recording will be available for a year post-event.
Unitil Corporation (NYSE: UTL) reported a net income of $21.5 million, translating to $1.35 in EPS for Q1 2022, marking a $2.6 million increase from Q1 2021. Electric GAAP Gross Margin reached $17.9 million, while Gas GAAP Gross Margin totaled $43.5 million, up by $3.9 million year-over-year. Customer growth contributed significantly, with an increase of approximately 550 electric and 1,000 gas customers. However, operational expenses rose by $1.5 million. The company declared a quarterly dividend of $0.39 per share, maintaining a consistent dividend record.
Unitil Corporation held its Annual Meeting of Shareholders on April 27, 2022, in Hampton, New Hampshire, where shareholders elected three new board members for three-year terms. Deloitte & Touche, LLP was ratified as the independent public accountants for 2022, and an advisory vote on executive compensation received 96% approval. CEO Thomas P. Meissner, Jr. presented 2021 highlights and the outlook for economic growth and low-carbon transition strategies. Unitil serves approximately 107,700 electric and 86,600 natural gas customers in New England.
Unitil Corporation (NYSE: UTL) has declared a regular quarterly dividend of $0.39 per share, scheduled for payment on May 27, 2022. This dividend is for shareholders of record as of May 13, 2022, resulting in an effective annualized dividend rate of $1.56 per share. Unitil Corporation serves approximately 107,700 electric customers and 86,600 natural gas customers across New England.
Unitil Corporation (NYSE: UTL) will release its first quarter 2022 earnings on May 3, 2022, before the market opens. A conference call to discuss the results is scheduled for the same day at 10:30 a.m. (ET), with materials available on the Company’s Investors page. Unitil operates in New England, providing natural gas and electricity to approximately 107,700 electric customers and 86,600 natural gas customers. The Company focuses on delivering efficient energy and supporting local communities.
Unitil Corporation (NYSE: UTL) reported a net income of $36.1 million or $2.35 EPS for 2021, marking a $3.9 million increase from the previous year. The Electric GAAP Gross Margin was $71.5 million, influenced by customer growth and higher rates. Gas GAAP Gross Margin rose to $100.5 million, with a 7.7 million increase driven by similar factors. The company declared a quarterly dividend of $0.39 per share, raising the annual rate to $1.56. Unitil aims for sustainable long-term value as it focuses on customer service and strategic execution.
Unitil Corporation (NYSE: UTL) has announced an increase in its quarterly dividend to $0.39 per share, raising the annualized dividend rate to $1.56. The first quarter dividend will be payable on February 25, 2022, to shareholders recorded by February 11, 2022. This decision reflects the company's confidence in sustainable growth and commitment to shareholder value, maintaining an unbroken record of dividend payments since inception.
Unitil Corporation (NYSE: UTL) will release its fourth quarter 2021 earnings on February 1, 2022, before market opening. A conference call to discuss the results is scheduled for the same day at 10:00 a.m. (ET). Investors can access the call via phone or through a live webcast available on the Company’s Investors page. Unitil operates in New England, serving approximately 107,700 electric customers and 86,600 natural gas customers, focusing on delivering reliable energy and community commitment.
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