UNITIL CORP (UTL) Unitil Corporation functions as a public utility holding company, with its primary operations centered on the provision of electricity and natural gas. The company's activities are categorized into three main divisions: Utility Electric Operations, Utility Gas Operations, and Non-Regulated services. It delivers electricity to consumers in New Hampshire's southeastern coastal areas and its capital region, alongside the wider Fitchburg vicinity in north-central Massachusetts. Its natural gas services span southeastern New Hampshire, various locales within southern and central Maine (including the cities of Portland and the Lewiston-Auburn region), and also the extended Fitchburg area of north-central Massachusetts. Additionally, Unitil operates an 86-mile subterranean interstate natural gas transmission pipeline, which supplies crucial pipeline access and transportation amenities, mainly throughout Maine and New Hampshire. Beyond its core utility offerings, the corporation furnishes energy brokering and consulting services to commercial and industrial clients, alongside managing real estate assets. Currently, it caters to approximately 107,700 electricity users and 86,600 natural gas customers. Unitil Corporation was established in 1984 and is based in Hampton, New Hampshire.
Sector: Electric & Other Services Combined
Industry: Diversified Utilities
Unitil Corporation NYSE:UTL Utilities · Diversified Utilities
Mkt Cap $1.01B
Div Yield 3.39%
AH Close $55.27 +0.00% vs close
AH Close $55.27 +0.00% vs close
Mkt Cap $1.01B
Div Yield 3.39%
All Press Release SEC Filings News
SEC Filing ⚠ 1
UTL: 8-K · debt financing
Unitil's subsidiary Maine Natural Gas Corporation issued $40 million of 5.95% senior unsecured notes due October 21, 2031 in a private placement to Lincoln National entities and CoBank on October 21, 2026.
Proceeds will refinance existing consolidated debt and/or fund general corporate purposes. On October 22, 2026, Unitil repaid all outstanding amounts under its June 30, 2026 credit agreement with The Bank of Nova Scotia without premium or penalty.
The refinancing extends debt maturity and modestly diversifies Unitil's funding sources, a routine but credit-positive liability management step for the utility holding company.
SEC 8-K • 9h ago AI analysis › Press Release
Unitil Schedules Third Quarter 2026 Earnings Release and Conference Call
Unitil scheduled its Q3 2026 earnings release for after market close on November 2, 2026, with a conference call and webcast on November 3 at 2:00 p.m. ET.
The release contains no financial results; it is a calendar notice with webcast access details.
Unitil is a public utility holding company serving roughly 110,100 electric, 105,000 gas, and 10,700 water customers in New Hampshire, Maine, and Massachusetts.
• 6d ago AI analysis › SEC Filing
UTL: 8-K · debt financing
Unitil Energy Systems, a subsidiary of Unitil Corporation, entered a Bond Purchase Agreement on October 14, 2026 and issued $60 million of First Mortgage Bonds in two series: $30 million of 5.72% Series T bonds due 2036 and $30 million of 5.87% Series U bonds due 2038.
The bonds were sold privately to institutional investors including MetLife and State Farm insurance affiliates under Section 4(a)(2), with U.S. Bank Trust Company as trustee. Proceeds will refinance existing debt and/or fund general corporate purposes.
The financing is standard for a regulated utility, with a fall-away structure that steps coupons up 10 basis points upon collateral release. The impact on Unitil is neutral-to-mildly-positive, extending debt maturities at conventional utility rates.
SEC 8-K • 7d ago AI analysis › SEC Filing ⚠ 2
UTL: 8-K · debt financing
Unitil Corporation entered into a Note Purchase Agreement on September 24, 2026, issuing $60 million of senior unsecured notes to a group of institutional investors including CoBank, Thrivent Financial, Metlife Reinsurance, Modern Woodmen of America, and CMFG Life Insurance Company.
The offering consists of $27 million of 5.42% Series 2026A notes due September 24, 2031 and $33 million of 5.79% Series 2026B notes due September 24, 2036, sold in a private placement exempt under Section 4(a)(2) of the Securities Act.
Proceeds will fund capital contributions to Unitil's utility subsidiaries, refinance existing debt, and support general corporate purposes. The agreement expressly permits the pending acquisitions of Aquarion water utilities, and includes customary covenants on liens, dividends, mergers, and a change-of-control put at 100% of principal.
SEC 8-K • 27d ago AI analysis › SEC Filing ⚠ 2
UTL: 10-Q · periodic report
Unitil Corporation reported net income of $37.9 million, or $2.11 per share, for the six months ended June 30, 2026, an increase from $31.5 million, or $1.94 per share, in the prior year period. Total operating revenues rose 22.1% to $333.9 million, driven by the acquisitions of Maine Natural Gas Corporation and the Aquarion Water companies, as well as higher rates and favorable weather.
The Board of Directors declared a quarterly dividend of $0.475 per share, continuing its history of regular payments. The company maintains a strong capital position with net utility plant reaching $1.9 billion, supporting ongoing infrastructure investments.
SEC 10-Q • 2mo ago AI analysis › Press Release
Unitil Reports 2026 Second Quarter Earnings
Unitil reported Q2 2026 net income of $4.7 million, or $0.26 per share, an increase from $4.0 million, or $0.25 per share, in the prior year. Adjusted net income, excluding transaction costs, was $5.2 million, or $0.29 per share, reflecting growth across its electric and gas segments.
The company's performance was driven by higher rates and customer growth, with Electric Adjusted Gross Margin rising to $31.6 million and Gas Adjusted Gross Margin reaching $40.6 million. Recent acquisitions of Maine Natural Gas and Aquarion water companies further strengthened the regulated utility portfolio.
The Board of Directors declared a quarterly dividend of $0.475 per share, maintaining an annualized rate of $1.90 and extending the company's unbroken record of dividend payments.
• 2mo ago AI analysis › Press Release
Unitil Declares Common Stock Dividend
Unitil Corporation's Board of Directors declared a regular quarterly dividend of $0.475 per share on the company's common stock.
The dividend is payable on August 31, 2026, to shareholders of record on August 17, 2026.
This declaration results in a current effective annualized dividend rate of $1.90 per share.
• 2mo ago AI analysis › Press Release
Unitil Schedules Second Quarter 2026 Earnings Release and Conference Call
Unitil Corporation scheduled the release of its second quarter 2026 earnings after the market closes on August 3, 2026.
The company will host a conference call and webcast on August 4, 2026, at 2:00 p.m. ET to review the quarterly results, with presentation materials available beforehand.
Unitil is a public utility holding company serving approximately 110,100 electric customers, 105,000 natural gas customers, and 10,700 water customers across New England.
• 3mo ago AI analysis › Press Release ⚠ 2
Unitil Completes Purchase of Two Water Companies in New Hampshire from the Aquarion Water Authority
Unitil Corporation completed its acquisition of Aquarion Water Company of New Hampshire and Abenaki Water Co. from the Aquarion Water Authority for $55.8 million, marking the company's entry into regulated water utility service in New Hampshire.
The acquired systems serve approximately 11,000 customers across eight New Hampshire communities with an estimated rate base of $47.0 million. The purchase was funded entirely through a term loan from Scotiabank.
Management expects the acquisition to be earnings accretive over the long term, supporting Unitil's 5% to 7% long-term EPS growth target. Post-closing, Unitil serves approximately 226,100 electric, gas, and water customers across New Hampshire, Maine, and Massachusetts.
• 3mo ago AI analysis › SEC Filing ⚠ 1
UTL: 8-K · material agreement
Unitil Corporation filed an 8-K reporting the execution of Amendment No. 3 to its Purchase and Sale Agreement with Aquarion Water Authority and South Central Connecticut Regional Water Authority. The amendment extends the 'Termination Date' of the agreement from May 25, 2026, to June 30, 2026, providing additional time for the parties to satisfy closing conditions.
The filing also acknowledges that the Seller has delivered notice of an amendment to a related Eversource Agreement, consistent with the terms of the original Purchase Agreement. This is the third amendment to the deal since its initial signing in May 2025, reflecting the complex regulatory approval process inherent in utility acquisitions.
No changes were made to the core economic terms or structure of the acquisition of Aquarion’s water subsidiaries in Massachusetts, New Hampshire, and Maine. The extension is a procedural adjustment rather than a strategic shift, keeping the transaction on track for a potential close in late June 2026.
SEC 8-K • 4mo ago AI analysis › SEC Filing
UTL: 8-K · other
Unitil Corporation (UTL) filed an 8-K to disclose a presentation for the American Gas Association Financial Forum, reaffirming its long-term guidance of 5% to 7% annual EPS growth and projecting 2026 EPS between $3.20 and $3.36.
The company reported record earnings of $50.2 million and adjusted EPS of $3.16, supported by a $1.35 billion rate base and a $1.2 billion five-year capital investment plan that represents a 20% increase over the prior period.
Unitil highlighted its strong balance sheet with an FFO/Debt ratio of 16.3% and confirmed it has closed $40 million in long-term debt while maintaining $48.5 million in ATM equity capacity to fund growth, including the pending acquisition of Aquarion water systems in New Hampshire.
SEC 8-K • 5mo ago Press Release
Unitil Reports 2026 First Quarter Earnings
Unitil reported Q1 2026 net income of $33.2 million, or $1.85 per share, up 21% from the prior year, driven by colder weather and customer growth in its gas segment.
Adjusted net income, excluding acquisition costs, rose to $33.8 million, or $1.88 per share, reflecting strong operational performance and the integration of recent acquisitions like Maine Natural Gas.
The Board declared a quarterly dividend of $0.475 per share, maintaining an unbroken record of dividend payments.
• 5mo ago AI analysis › SEC Filing
UTL: 8-K · proxy statement
Unitil Corporation held its Annual Meeting of Shareholders on April 29, 2026, where 88.65% of outstanding shares were represented, constituting a quorum. Shareholders elected three Class II directors—Neveen F. Awad, Winfield S. Brown, and Mark H. Collin—each to serve a three-year term.
The company ratified the selection of Deloitte & Touche LLP as its independent registered public accounting firm for 2026, receiving strong support with 15,592,938 shares voted in favor. On an advisory basis, shareholders approved the compensation of the Company's Named Executive Officers with 13,722,103 shares voted in favor.
SEC 8-K • 5mo ago Press Release
Unitil Shareholders Elect Directors at Annual Meeting
Unitil shareholders elected Neveen F. Awad, Winfield S. Brown, and Mark H. Collin to three-year terms on the Board of Directors at the annual meeting.
Shareholders also ratified Deloitte & Touche, LLP as independent auditors for 2026 and approved the executive compensation advisory vote with 96% support.
CEO Thomas P. Meissner presented highlights from 2025, including recent acquisitions, and outlined strategies for long-term sustainable value.
• 5mo ago AI analysis › Press Release
Unitil Declares Common Stock Dividend
Unitil’s Board of Directors declared a regular quarterly dividend of $0.475 per share, payable May 29, 2026 to shareholders of record on May 14, 2026.
This payment results in a current effective annualized dividend rate of $1.90 per share, consistent with the company's status as a utility holding company.
Unitil delivers electricity and natural gas to approximately 110,100 electric customers and 105,000 natural gas customers across Maine, New Hampshire, and Massachusetts.
• 5mo ago AI analysis › Recent SEC filings with analysis