| Market Capitalization (Millions $) |
957 |
| Shares
Outstanding (Millions) |
18 |
| Employees |
595 |
| Revenues (TTM) (Millions $) |
582 |
| Net Income (TTM) (Millions $) |
56 |
| Cash Flow (TTM) (Millions $) |
7 |
| Capital Exp. (TTM) (Millions $) |
185 |
Business Description
Unitil Corporation is a public utility holding company based in Hampton, New Hampshire. It operates regulated electric and natural gas utilities in Maine, Massachusetts, and New Hampshire, serving over 600,000 customers.
Electric Operations:
Unitil's electric operating segment includes its wholly-owned subsidiaries, Fitchburg Gas and Electric Light Company (FG&E) in Massachusetts and Unitil Energy Systems (UES) in New Hampshire. FG&E serves 25 cities and towns in Massachusetts, while UES serves 11 cities and towns in New Hampshire. Combined, they provide electricity to over 221,000 customers.
Natural Gas Operations:
Unitil's natural gas segment includes its wholly-owned subsidiaries, Northern Utilities, Inc. (NU) in Maine and New Hampshire, and Fitchburg Gas and Electric Light Company (FG&E) in Massachusetts. NU has over 300,000 customers across 52 communities in Maine and New Hampshire. FG&E provides natural gas to more than 26,000 customers in Massachusetts.
Renewable Energy:
Unitil is committed to a sustainable energy future and has made significant investments in renewable energy. Its portfolio includes solar, wind, and hydroelectric power facilities, and it has a target to add 4 megawatts of new renewable energy to its portfolio each year.
Corporate Governance:
Unitil Corporation has a diverse and experienced board of directors, with members bringing expertise from various industries, including energy, finance, technology, and academia. The company has a robust ethics program and is committed to maintaining high standards of ethical conduct and compliance with all applicable laws and regulations.
Community Engagement:
Unitil plays a significant role in the communities it serves through its community support programs, volunteerism, and charitable giving. It has a community relations team that works closely with local organizations to develop and implement community programs aimed at promoting safety, education, and the environment.
Overall, Unitil Corporation is a well-established and respected public utility holding company, operating in a highly regulated industry. The company is committed to delivering safe, reliable, and affordable energy to its customers while working towards a sustainable energy future. It is also committed to corporate social responsibility, community engagement, and maintaining a high standard of ethical conduct.
Company Address: 6 Liberty Lane West Hampton 3842 NH
Company Phone Number: 772-0775 Stock Exchange / Ticker: NYSE UTL
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104.93 %