Unitil Corporation (UTL)

Over the past six months, UNITIL Corp.'s stock price has decreased. Key events include a net loss reported in the third quarter of 2025, the completion of the purchase of Maine Natural Gas Company, adjusted net income reported for Q1 and Q2 2025, and a recent share issuance that diluted shareholders by 10%.

Demand for UNITIL Corp.'s products and services exhibits seasonality, with higher earnings in the first and fourth quarters due to increased natural gas consumption and higher electricity consumption in the summer months. Unitil's relatively even split between electricity and natural gas services helps to offset this seasonality.

UNITIL Corporation is a diversified energy company operating as a public utility holding company, primarily engaged in the local distribution of electricity and natural gas. The company operates through two main segments: Utility Electric Operations and Utility Gas Operations. Unitil also operates an interstate underground natural gas transmission pipeline and provides real estate management services. The company's mission is to deliver safe, reliable, and affordable energy to its customers while operating responsibly and sustainably.

UNITIL Corp.'s market presence is concentrated in the northeastern United States, distributing electricity in southeastern New Hampshire and north central Massachusetts. Its natural gas distribution services cover southeastern New Hampshire and portions of southern and central Maine, as well as north central Massachusetts. Unitil serves approximately 109,400 electric customers and 89,100 natural gas customers.

In the past year, Unitil has focused on its commitment to sustainability and customer satisfaction, releasing its 2024 Corporate Sustainability and Responsibility Report. Unitil has also been recognized for customer satisfaction, ranking #1 in the Northeast. The company's consistent investment in its distribution systems aims to ensure service reliability and enhance system resiliency, contributing to a positive brand image.

UNITIL Corp. has a significant institutional ownership base, with major institutional shareholders including BlackRock, Inc., Vanguard Group Inc., and iShares Core S&P Small-Cap ETF (IJR). Individual insiders hold approximately 1.53% of the company's shares, while the general public holds about 16.8%. Institutions collectively own about 81.7% of the shares.