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Unitil Corporation  (NYSE: UTL)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 
Price: $52.3000 $-0.04 -0.076%
Day's High: $52.53 Week Perf: -4.63 %
Day's Low: $ 51.68 30 Day Perf: -2.75 %
Volume (M): 73 52 Wk High: $ 63.52
Volume (M$): $ 3,818 52 Wk Avg: $54.83
Open: $51.95 52 Wk Low: $45.26



 Market Capitalization (Millions $) 842
 Shares Outstanding (Millions) 16
 Employees 531
 Revenues (TTM) (Millions $) 497
 Net Income (TTM) (Millions $) 47
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 162

Unitil Corporation
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


   

Stock Performances by Major Competitors

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Dividend

Unitil Corporations Latest Dividend Declaration: A Mixed Bag for Shareholders

Published Wed, Oct 30 2024 8:30 PM UTC

On October 30, 2024, Unitil Corporation (NYSE: UTL), a key player in the utility sector, announced a quarterly common stock dividend of $0.425 per share. This payout will be distributed on November 29, 2024, to shareholders who are on record as of November 14, 2024. With this declaration, Unitil boasts an effective annualized dividend rate of $1.70 per share a figure that, w...

Management Announcement

Unitil Corporation: Charting a Sustainable Course Amidst Mixed Financial Signals

Published Tue, Oct 29 2024 8:30 PM UTC

In a world increasingly driven by sustainability and corporate responsibility, Unitil Corporation (NYSE: UTL) has made...

Merger and Acquisition

Unitil Corporation Bolsters Presence in New England with Acquisition of Bangor Natural Gas Companyfrom Hope Utilities, Inc.

Published Tue, Jul 9 2024 10:45 AM UTC

Unitil Corporation to Acquire Bangor Natural Gas Company, Expanding Utility Services in New England
HAMPTON, N.H., July 09, 2024 - Unitil Corporation (NYSE: UTL) announced today that it has entered into an agreement to acquire Bangor Natural Gas Company (Bangor) from PHC Utilities, Inc., a subsidiary of Hope Utilities, Inc. The acquisition will be made for $70.9 million,...

Management Changes

Unitil Shareholders Elect Directors at Annual Meeting, Demonstrating Positive ROI Progression

Published Wed, May 1 2024 8:45 PM UTC


Introduction
Unitil Corporation recently held its Annual Meeting of Shareholders, announcing the election of three new members to the Board of Directors. Suzanne Foster, Thomas P. Meissner, Jr., and Justine Vogel were elected to serve a three-year term on the board. In addition, shareholders approved the Third Amended and Restated Stock Plan and ratified Deloitte & ...

Dividend

Unitil Declares Quarterly Dividend, Boosting Investor Confidence

Published Wed, May 1 2024 8:30 PM UTC


In a recent press release, Unitil Corporation (NYSE:UTL) announced that its Board of Directors has declared a regular quarterly dividend on the Company s common stock. The dividend of $0.425 per share will be payable on May 31, 2024, to shareholders of record on May 16, 2024. With this announcement, Unitil provides assurance to its investors while reflecting its commitm...







Unitil's Segments
Billed and Unbilled Revenue    99.89 % of total Revenue
Rate Adjustment Mechanism Revenue    0.11 % of total Revenue
Gas Segment    32.72 % of total Revenue
Gas Billed and Unbilled Revenue    27.23 % of total Revenue
Gas Rate Adjustment Mechanism Revenue    5.49 % of total Revenue
Electric    67.28 % of total Revenue
Electric Billed and Unbilled Revenue    72.66 % of total Revenue
Electric Rate Adjustment Mechanism Revenue    -5.38 % of total Revenue





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