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) declared a quarterly dividend of $0.375 per share, payable on November 30, 2020, to shareholders of record on November 16, 2020. This results in an annualized dividend rate of $1.50 per share. Unitil provides energy services across New England, serving approximately 106,100 electric and 83,900 natural gas customers, focusing on reliable energy delivery and community commitment.
Unitil Corporation (NYSE: UTL) announced its upcoming third quarter 2020 earnings release scheduled for October 29, 2020, before market opens. A conference call will take place the same day at 2:00 p.m. (ET) to discuss the results. Interested parties can participate via a toll-free call or through a live webcast on the Company’s Investors page. Unitil serves approximately 106,100 electric and 83,900 natural gas customers in New England, emphasizing commitment to reliable energy delivery and community service.
Unitil Corporation (NYSE: UTL) reported a net income of $3.1 million, or $0.21 EPS, for Q2 2020, down from $4.0 million, or $0.27 EPS, in Q2 2019. For the first half of 2020, net income was $18.3 million, or $1.23 EPS, a decrease from $30.5 million, or $2.05 EPS, in 2019. This drop is attributed to lower gas sales margins, warmer weather impacting sales, and economic slowdowns due to COVID-19. Gas and Electric Gross Margins totaled $15.5 million and $16.5 million for Q2, with operational expenses reduced by $1.3 million. The company declared a quarterly dividend of $0.375 per share.
Unitil Corporation (NYSE: UTL) has declared a quarterly dividend of $0.375 per share, set to be paid on August 28, 2020, to shareholders of record by August 14, 2020. This results in an effective annualized dividend rate of $1.50 per share. Unitil provides energy solutions across New England, serving approximately 106,100 electric and 83,900 natural gas customers, demonstrating its commitment to reliable energy delivery.
Unitil Corporation (NYSE: UTL) will release its second quarter 2020 earnings on July 30, 2020, before market opening. A conference call to discuss the results is scheduled for the same day at 2:00 p.m. (ET). Investors can access the live broadcast on Unitil's Investor Relations page with archived materials available for one year. Unitil provides reliable natural gas and electricity in New England, serving approximately 106,100 electric and 83,900 natural gas customers.
Unitil Corporation (NYSE:UTL) announced the hiring of Robert B. Hevert as Senior Vice President, effective July 23, 2020. He is expected to be appointed CFO and Treasurer at the Board's meeting on July 29, 2020. Hevert has a strong background in the energy and utility sectors, previously holding senior roles at ScottMadden, Sussex Economic Advisors, and Concentric Energy Advisors. Current interim CFO Laurence M. Brock will step down but remain as Senior Vice President to assist with the transition.
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