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) announced a quarterly dividend increase to $0.405 per share, up by $0.015, resulting in an annualized dividend of $1.62. This dividend will be payable on February 28, 2023, to shareholders of record as of February 14, 2023. Unitil, serving over 108,100 electric and 87,500 natural gas customers in New England, remains committed to safe and reliable energy delivery. The increase reflects confidence in the company's financial health and commitment to returning value to shareholders.
Unitil Corporation (NYSE: UTL) reported a net income of $0.5 million or $0.03 EPS for Q3 2022, consistent with Q3 2021. For the nine months ending September 30, 2022, net income reached $26.9 million, up by $5.3 million from the prior year. Electric and Gas GAAP Gross Margins for Q3 were $21.5 million and $10.9 million, respectively. Customer growth contributed to increased electric margins. However, gas margins decreased in Q3 due to higher depreciation costs. The company maintains a dividend of $0.39 per share, reflecting its commitment to consistent shareholder returns.
Unitil Corporation (NYSE:UTL) has appointed Dr. Neveen F. Awad to its Board of Directors as part of succession planning amid upcoming retirements. Dr. Awad, currently a managing director at the Boston Consulting Group, will stand for election by shareholders in April 2023. She brings a wealth of expertise in digital transformation and strategic planning, enhancing the Board's skill set. Unitil serves approximately 107,700 electric and 86,600 natural gas customers across New England, with a commitment to reliable energy delivery.
Unitil Corporation (NYSE:UTL) announced a quarterly dividend of $0.39 per share, payable on November 28, 2022, to shareholders of record on November 14, 2022. This results in an annualized dividend rate of $1.56 per share. Unitil provides reliable energy services across New England, serving approximately 107,700 electric and 86,600 natural gas customers.
Unitil Corporation (NYSE: UTL) will release its third quarter 2022 earnings on November 1, 2022, before the market opens. A conference call and webcast to discuss the results will be held at 10:00 a.m. (ET) the same day. Unitil provides energy services in New England, serving approximately 107,700 electric customers and 86,600 natural gas customers. Key materials related to the earnings report will be accessible on the Company’s Investors page ahead of the call. For more details, visit unitil.com.
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.
FAQ
What is the current stock price of Unitil (UTL)?
What is the market cap of Unitil (UTL)?
