UNITIL CORP (UTL) Form 10-Q — May 4, 2026
Unitil Corporation reported first quarter 2026 net income of $33.2 million, or $1.85 per share, an increase from $27.5 million, or $1.69 per share, in the prior year period. The growth was driven by higher rates, customer growth, and colder weather, alongside contributions from the recently acquired Maine Natural Gas Corporation. The Board of Directors maintained the quarterly dividend at $0.475 per share, resulting in an annualized rate of $1.90. The company also announced that its subsidiary, Fitchburg, issued $40 million in new notes to refinance existing debt.
Key figures
- Eps
- 1.85
- Revenue
- 216.9
- Net Income
- 33.2
- Total Debt
- 669.3
- Cash Position
- 16.9
- Shares Outstanding
- 17,989,863
- Gas Revenue
- 151.4
- Adjusted EPS
- 1.88
- Electric Revenue
- 65.5
- Adjusted Net Income
- 33.8
- Gas Adjusted Gross Margin
- 82.1
- Electric Adjusted Gross Margin
- 29.6
Price after filing
Close on the filing date to close N calendar days later (from $52.47). Historical, not a forecast.
AI analysis
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