HAMPTON, N.H., July 09, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (unitil.com) today announced that Unitil has agreed to purchase Bangor Natural Gas Company ("Bangor") from PHC Utilities, Inc., a subsidiary of Hope Utilities, Inc., for $70.9 million on a debt-free basis, subject to customary adjustments for closing working capital and transaction expenses. Bangor's enterprise value represents a multiple of approximately 1.2 times its rate base (based on its estimated rate base as of December 31 ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Unitil in Focus Looking at dividend growth, the company's current annualized dividend of $1.70 is up 4.9% from last year. Over the last 5 years, Unitil has increased its dividend 5 times on a year-over-year basis for an average annual increase of ...

Thank you, Tom. Good morning, everyone. I'll begin on Slide 5. As Tom mentioned today we announced first quarter net income of $27.2 million or $1.69 per share. Net income increased $3.1 million, or $0.18 per share compared to the same period in 2023, representing approximately 12% growth in earnings per share. In Maine, our only non-decoupled service area weather negatively affected earnings by approximately $0.02 per share compared to 2023 and by approximately $0.10 per share compared to normal weather co ...

Three Months Ended March 31, 2024 | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------|-------|----------|-------|--------|-------|-------|-------|--------| | | | Electric | | Gas | | Other | | Total | | Total Operating Revenue | $ | 73.6 | ട | 105.1 | S | --- | $ | 178.7 | | Less: Cost of Sales | | (46.5) | | (44.1) | | --- | | (90.6) | | Less: Depreciation and Amortization | | (7.0) | | (10.8) | | (0.2) | | (18.0) | | GAAP Gross Margin | | 20.1 | | 50.2 | | (0.2) ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8858 UNITIL CORPORATION (Exact name of registrant as specified in its charter) New Hampshire 02-0381573 (State or other jurisdiction of (I.R.S. Emp ...

Conference Call Participants Company Participants Shelby Tucker - RBC CM Good day, and thank you for standing by. Welcome to the Q4 2023 Earnings -- Unitil Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a questionand-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. Todd Diggins We will discuss financial and other information on this call. As we mentioned in the press relea ...

February 13, 2024 This presentation contains Non-GAAP measures. The Company's management believes these measures are useful in evaluating its performance. Reconciliations of Non-GAAP financial measures to the most directly comparable GAAP financial measures can be found herein. Financial Results and Strategic Update • Expected long-term rate base growth of 6.5% - 8.5% 2023 Net Income of $45.2 million, or $2.82 per share SLIDE 5 • Electric distribution revenue substantially decoupled (2) Adjusted Gross Margi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-8858 UNITIL CORPORATION (Exact name of registrant as specified in its charter) New Hampshire 02-0381573 (State or other jurisdiction of incorpora ...

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 Hurst ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8858 UNITIL CORPORATION (Exact name of registrant as specified in its charter) New Hampshire 02-0381573 (State or other jurisdiction of incorpo ...