Unitil (UTL)

Company Profile

unitil provides energy for life by safely and reliably delivering natural gas and electricity in new england. we are committed to the communities we serve and to developing people, business practices, and technologies that lead to dependable, more efficient energy. unitil is a public utility holding company with operations in maine, new hampshire and massachusetts. together, unitil’s operating utilities serve more than 180,000 electric and natural gas customers. other subsidiaries include usource, unitil’s non-regulated business segment.

Company profile

Ticker

UTL

Exchange

NYSE

Website

unitil.com

CEO

Thomas P. Meissner

Incorporated

New Hampshire

Location

New Hampshire

Fiscal year end

Dec 31

Sector

Utilities > Electric Power Distribution

Industry (SIC)

Electric & Other Services Combined

Duke Energy • Pacific Gas & Electric • PG&E • Consolidated Edison • Xcel Energy • Public Service Enterprise • Exelon • NiSource • Consumers Energy • CMS Energy ...

SEC CIK

0000755001

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

20381573

UTL stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

Unitil Announces Director Resignation

7 Nov 23

Regulation FD Disclosure

23 Aug 23

S-3D

Registration of securities, dividend or interest reinvestment plans, immediately effective

1 Aug 23

Entry into a Material Definitive Agreement

11 Jul 23

8-K

10b5-1 Plan Agreement

6 Jun 23

8-K

Submission of Matters to a Vote of Security Holders

2 May 23

Unitil Announces Organizational Changes

27 Apr 23

Transcripts

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UTL

Earnings call transcript

2023 Q3

7 Nov 23

UTL

Earnings call transcript

2023 Q2

1 Aug 23

UTL

Earnings call transcript

2023 Q1

2 May 23

UTL

Earnings call transcript

2022 Q4

14 Feb 23

UTL

Earnings call transcript

2022 Q3

1 Nov 22

UTL

Earnings call transcript

2022 Q2

3 Aug 22

UTL

Earnings call transcript

2022 Q1

3 May 22

UTL

Earnings call transcript

2021 Q4

1 Feb 22

UTL

Earnings call transcript

2021 Q3

2 Nov 21

UTL

Earnings call transcript

2021 Q2

7 Aug 21

Latest ownership filings

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Financial summary

Financial statements Chart UTL financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	6.00 mm	6.00 mm	6.00 mm	6.00 mm	6.00 mm	6.00 mm
Cash burn (monthly)	266.67 k	158.33 k	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	614.77 k	365.02 k	n/a	n/a	n/a	n/a
Cash remaining	5.39 mm	5.63 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	20.2	35.6	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Unitil earnings reports.

Institutional ownership, Q3 2023

UTL institutional ownership history Ownership history

74.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	167	177	-5.6%
Opened positions	13	15	-13.3%
Closed positions	23	24	-4.2%
Increased positions	50	68	-26.5%
Reduced positions	76	55	+38.2%

13F shares	Current	Prev Q	Change
Total value	507.78 bn	604.41 bn	-16.0%
Total shares	12.03 mm	12.08 mm	-0.4%
Total puts	1.60 k	0.00	NEW
Total calls	5.80 k	5.90 k	-1.7%
Total put/call ratio	0.3	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	2.92 mm	$124.55 bn	-2.1%
Vanguard	1.24 mm	$53.10 bn	-0.7%
STT State Street	609.63 k	$26.04 bn	-1.1%
JPM JPMorgan Chase & Co.	515.45 k	$22.01 bn	+2.1%
Renaissance Technologies	476.25 k	$20.38 bn	-0.2%
Aristotle Capital Boston	457.51 k	$19.54 bn	-0.0%
Dimensional Fund Advisors	436.81 k	$18.66 bn	-0.6%
Manufacturers Life Insurance Company, The	404.48 k	$17.28 bn	+12.6%
Boston Trust Walden	381.38 k	$16.29 bn	+2.4%
Geode Capital Management	327.21 k	$13.98 bn	+3.2%

Largest transactions	Shares	Bought/sold	Change
BLK Blackrock	2.92 mm	-63.89 k	-2.1%
Advisor	107.72 k	+54.15 k	+101.1%
Assenagon Asset Management	84.34 k	+51.66 k	+158.0%
Manufacturers Life Insurance Company, The	404.48 k	+45.21 k	+12.6%
MS Morgan Stanley	182.90 k	-34.85 k	-16.0%
Great Lakes Advisors	178.91 k	+33.33 k	+22.9%
GS Goldman Sachs	60.13 k	-24.84 k	-29.2%
Allianz Asset Management GmbH	33.68 k	-21.76 k	-39.2%
IVZ Invesco	148.19 k	+20.76 k	+16.3%
BAC Bank Of America	51.22 k	-20.38 k	-28.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

UTL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Oct 23	Michael B Green	RSU Common stock	Grant	Acquire A	No	No	42.31	1,890	79.97 k	17,340
2 Oct 23	Eben S Moulton	RSU Common stock	Grant	Acquire A	No	No	42.31	1,890	79.97 k	17,340
2 Oct 23	Anne L. Alonzo	Common stock, no par value	Grant	Acquire A	No	No	41.79	1,276	53.32 k	1,276
2 Oct 23	Neveen F Awad	Common stock, no par value	Grant	Acquire A	No	No	41.79	1,914	79.99 k	2,197
2 Oct 23	Winfield S Brown	Common stock, no par value	Grant	Acquire A	No	No	41.79	1,914	79.99 k	3,706