UTL Research | Milton Maxwell

UTL

Unitil Corporation

49.75

+0.00+0%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

FY Q4 '25

2/9/26Feb 9, 2026

Key Stats

Market Cap

891.26M

P/E (TTM)

17.40

Basic EPS (TTM)

2.86

Dividend Yield

0.04%

Recent Filings

8-K

Swaps agent, extends Aquarion deal

2/24/26Feb 24, 2026

Unitil terminated its distribution agreement with Janney Montgomery Scott on February 19, 2026, swapping in Huntington Securities while keeping Scotia, for its $50 million common stock program. Days later, on February 23, it extended the Aquarion water utilities acquisition termination date to May 25. Deal drags on. No sales disclosed yet.

10-K

FY2025 results

2/9/26Feb 9, 2026

Unitil Corporation posted FY2025 GAAP net income of $50.2 million ($2.97 EPS), up $3.1 million y/y, fueled by gas segment surge from Bangor and Maine Natural acquisitions completed January and October 2025. Electric adjusted gross margin hit $114.6 million (+$7.3 million y/y) on higher rates and growth, while gas leaped to $199.1 million (+$32.2 million), absorbing $16.6 million from new assets; total volumes swelled with gas therms up 26.6% y/y. Q4 likely amplified seasonal strength, as earnings peak then. Board hiked the quarterly dividend to $0.475 per share. Reaffirmed 5-7% long-term EPS growth off $3.09 midpoint. Severe weather remains a key risk to quarterly momentum.

8-K

Revised exec equity grants

2/2/26Feb 2, 2026

Unitil's Compensation Committee approved revised equity practices and granted Time Restricted Shares vesting 25% yearly over four years and Performance Restricted Shares tied to 2026-2028 ROE and book value growth to top executives on January 27, 2026. CEO Meissner received 8,090 of each; others scaled down. Unrestricted shares rewarded prior outperformance. Dividends withheld until vesting.

8-K

Aquarion deal extended

1/29/26Jan 29, 2026

Unitil extended its Aquarion water utilities acquisition deadline to February 23, 2026, via Amendment No. 1 signed January 23. This one-month push keeps the original Purchase Agreement intact. Deal advances on track.

8-K

Secretary retires; successor named

12/18/25Dec 18, 2025

Unitil Corporation announced Corporate Secretary Sandra L. Whitney's retirement and resignation, effective December 31, 2025. Senior VP and General Counsel Carleton B. Simpson steps in January 1, 2026, retaining his current roles. Whitney consults through April 30, 2026, smoothing the handover. Succession executed seamlessly.

About

Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas. It operates through two segments, Utility Electric Operations, Utility Gas Operations. The company distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire and portions of southern and central Maine, including the city of Portland and the Lewiston-Auburn area, as well as electricity and natural gas in the greater Fitchburg area of north central Massachusetts. It also operates 85 miles of interstate underground natural gas transmission pipeline that provides interstate natural gas pipeline access and transportation services primarily in Maine and New Hampshire. In addition, the company provides real estate management services. It serves approximately 109,400 electric customers and 89,100 natural gas customers. Unitil Corporation was incorporated in 1984 and is headquartered in Hampton, New Hampshire.

CEO

Mr. Thomas P. Meissner Jr.

IPO

3/7/1985

Website

https://unitil.com

Employees

575

Sector

Utilities

Industry

Utilities - Diversified