Unitil Corporation (UTL) announced that it 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. This transaction is subject to customary adjustments for closing working capital and transaction expenses. Bangor's enterprise value is nearly 1.2 times its rate base (based on its estimated rate base as of Dec 31, 2023). Unitil will acquire full ownership of Bangor upon the transaction's closure, anticip ...

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 3 ...

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 ...

Unitil Corporation (NYSE:UTL) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Tom Meissner - Chairman, Chief Executive Officer Dan Hurstak - Senior Vice President, Chief Financial Officer, Treasurer. Bob Hevert - President, Chief Administrative Officer Todd Diggins - Chief Accounting Officer, Controller Chris Goulding - Vice President of Finance, Regulatory Services Conference Call Participants Shelby Tucker - RBC Operator Good day, and thank you for standing by. Welcome to t ...

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 incorporati ...

Unitil Corporation (NYSE:UTL) Q4 2023 Earnings Conference Call February 13, 2024 10:00 AM ET Company Participants Todd Diggins - Chief Accounting Officer Tom Meissner - Chairman and Chief Executive Officer Dan Hurstak - Senior Vice President, Chief Financial Officer, and Treasurer Bob Hevert - President and Chief Administrative Officer Conference Call Participants Shelby Tucker - RBC CM Operator Good day, and thank you for standing by. Welcome to the Q4 2023 Earnings -- Unitil Earnings Conference Call. At t ...

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 ...