Unitil Corporation provides energy for life by safely and reliably delivering natural gas and electricity in New England. Unitil Corporation is committed to the communities it serves and to developing people, business practices, and technologies that lead to the delivery of dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, Unitil's operating utilities serve approximately 107,100 electric customers and 85,600 natural gas customers. Other subsidiaries include Usource, Unitil's non-regulated business segment, which the Company divested in the first quarter or 2019.
Company profile
Ticker
UTL
Exchange
Website
CEO
Thomas P. Meissner
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Duke Energy • PG&E • Consolidated Edison • Exelon • Public Service Enterprise • Xcel Energy • Ameren • NiSource • CMS Energy • Consumers Energy ...
SEC CIK
Corporate docs
IRS number
20381573
UTL stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
2 May 23
10-Q
2023 Q1
Quarterly report
2 May 23
8-K
Unitil Announces Organizational Changes
27 Apr 23
8-K
Regulation FD Disclosure
26 Apr 23
DEFA14A
Additional proxy soliciting materials
7 Apr 23
ARS
2022 FY
Annual report to shareholders
28 Mar 23
DEF 14A
Definitive proxy
28 Mar 23
10-K
2022 FY
Annual report
14 Feb 23
8-K
Unitil Senior Vice President Todd R. Black Announces Intention to Retire in May 2023
2 Feb 23
8-K
Entry into a Material Definitive Agreement
30 Jan 23
Transcripts
UTL
Earnings call transcript
2023 Q1
2 May 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
UTL
Earnings call transcript
2021 Q1
8 May 21
UTL
Earnings call transcript
2020 Q4
2 Feb 21
UTL
Earnings call transcript
2020 Q3
31 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Revenue | |||||
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| 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) | 6.80 mm | 6.80 mm | 6.80 mm | 6.80 mm | 6.80 mm | 6.80 mm |
| Cash burn (monthly) | 733.33 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 1.58 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 5.22 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 7.1 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
72.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 185 |
| Opened positions | 25 |
| Closed positions | 17 |
| Increased positions | 59 |
| Reduced positions | 64 |
| 13F shares | Current |
|---|---|
| Total value | 661.87 bn |
| Total shares | 11.73 mm |
| Total puts | 0.00 |
| Total calls | 11.00 k |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 2.97 mm | $169.42 bn |
| Vanguard | 1.24 mm | $70.49 bn |
| STT State Street | 596.91 k | $34.05 bn |
| Renaissance Technologies | 479.75 k | $27.32 bn |
| Aristotle Capital Boston | 449.96 k | $25.67 bn |
| Dimensional Fund Advisors | 445.06 k | $25.39 bn |
| Boston Trust Walden | 361.31 k | $20.61 bn |
| Manufacturers Life Insurance Company, The | 353.10 k | $20.14 bn |
| JPM JPMorgan Chase & Co. | 352.90 k | $20.13 bn |
| Geode Capital Management | 308.50 k | $17.60 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 Jan 23 | Thomas P Meissner JR | Common stock, no par value | Grant | Acquire A | No | No | 0 | 6,820 | 0.00 | 101,125 |
| 24 Jan 23 | Thomas P Meissner JR | Common stock, no par value | Grant | Acquire A | No | No | 0 | 6,820 | 0.00 | 0 |
| 24 Jan 23 | Thomas P Meissner JR | Contingent grant of common stock Common stock | Grant | Acquire A | No | No | 0 | 3,410 | 0.00 | 3,410 |
| 24 Jan 23 | Todd R Black | Common stock, no par value | Grant | Acquire A | No | No | 0 | 970 | 0.00 | 26,485.031 |
| 24 Jan 23 | Todd R Black | Common stock, no par value | Grant | Acquire A | No | No | 0 | 970 | 0.00 | 0 |
| 24 Jan 23 | Todd R Black | Contingent grant of common stock Common stock | Grant | Acquire A | No | No | 0 | 485 | 0.00 | 485 |
| 24 Jan 23 | Todd R Black | Common stock, no par value | Grant | Acquire A | No | No | 0 | 970 | 0.00 | 26,485.031 |
| 24 Jan 23 | Todd R Black | Common stock, no par value | Grant | Acquire A | No | No | 0 | 970 | 0.00 | 0 |
| 24 Jan 23 | Todd R Black | Contingent grant of common stock Common stock | Grant | Acquire A | No | No | 0 | 485 | 0.00 | 485 |
News
Unitil's Return On Capital Employed Overview
8 May 23
Unitil Q1 EPS $1.51 Beats $1.45 Estimate, Sales $220.20M Beat $179.00M Estimate
2 May 23
Unitil Announces Its Board Of Directors Has Approved Several Corporate Organizational Changes, All Of Which Are Effective As Of May 1, 2023
26 Apr 23
Unitil Adds More Hybrid Vehicles to Fleet
29 Mar 23