HAMPTON, N.H., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced Net Income of $4.3 million, or $0.27 in Earnings Per Share (EPS) for the second quarter of 2024, an increase of $0.1 million in Net Income, or $0.02 in EPS, compared to the second quarter of 2023. For the six months ended June 30, 2024, the Company reported Net Income of $31.5 million, or $1.96 in Earnings Per Share (EPS), an increase of $3.2 million in Net Income, or $0.20 in EPS, compared to the fi ...

HAMPTON, N.H., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) (unitil.com) today announced Net Income of $4.3 million, or $0.27 in Earnings Per Share (EPS) for the second quarter of 2024, an increase of $0.1 million in Net Income, or $0.02 in EPS, compared to the second quarter of 2023. For the six months ended June 30, 2024, the Company reported Net Income of $31.5 million, or $1.96 in Earnings Per Share (EPS), an increase of $3.2 million in Net Income, or $0.20 in EPS, compared to the fi ...

Group 1 - Unitil Corporation declared a quarterly dividend of $0.425 per share, payable on August 29, 2024, to shareholders of record on August 15, 2024, resulting in an annualized dividend rate of $1.70 per share [1] - Unitil Corporation operates as a public utility holding company providing electricity and natural gas in New England, specifically in Maine, New Hampshire, and Massachusetts [2] - The company serves approximately 108,500 electric customers and 88,400 natural gas customers across its operating utilities [2]

HAMPTON, N.H., July 23, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (unitil.com) has scheduled the release of its second quarter 2024 earnings before the market opens on August 6, 2024. Unitil will host its conference call and webcast later that day at 2:00 p.m. (ET) to review its quarterly results. Related presentation materials will be available before the call on the Company's Investors page at investors.unitil.com. The conference call will be broadcast live in listen-only mode on the Company' ...

Company Overview - Unitil Corporation is a public utility holding company that provides electricity and natural gas in New England, specifically in Maine, New Hampshire, and Massachusetts [2] - The company serves approximately 108,500 electric customers and 88,400 natural gas customers, emphasizing its commitment to community service and efficient energy delivery [2] Upcoming Events - Unitil Corporation is scheduled to release its second quarter 2024 earnings on August 6, 2024, before the market opens [3] - A conference call and webcast will be held on the same day at 2:00 p.m. (ET) to discuss the quarterly results, with related presentation materials available beforehand [3]

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 31 ...

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 ...

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 ...