Last $33.98 USD
Change Today -0.06 / -0.18%
Volume 51.2K
UTL On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

unitil corp (UTL) Snapshot

Open
$34.16
Previous Close
$34.04
Day High
$34.20
Day Low
$33.81
52 Week High
01/30/15 - $39.00
52 Week Low
09/26/14 - $31.02
Market Cap
472.9M
Average Volume 10 Days
57.2K
EPS TTM
$1.79
Shares Outstanding
13.9M
EX-Date
02/11/15
P/E TM
19.0x
Dividend
$1.40
Dividend Yield
4.08%
Current Stock Chart for UNITIL CORP (UTL)

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unitil corp (UTL) Details

Unitil Corporation, a public utility holding company, engages in the distribution of electricity and natural gas in the United States. The company operates in three segments: Utility Gas Operations, Utility Electric Operations, and Non-Regulated. It distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central Massachusetts; and distributes natural gas in southeastern New Hampshire, portions of southern Maine to the Lewiston-Auburn area, and in the greater Fitchburg area of north central Massachusetts. The company also operates 86 miles of interstate underground natural gas transmission pipeline that provides interstate natural gas pipeline access and transportation services primarily in Maine and New Hampshire. In addition, it provides energy brokering and advisory services to commercial and industrial customers; and real estate management services. The company serves approximately 102,700 electric customers and 77,900 natural gas customers. Unitil Corporation is headquartered in Hampton, New Hampshire.

495 Employees
Last Reported Date: 01/28/15

unitil corp (UTL) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $557.1K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $274.0K
Chief Operating Officer and Senior Vice Presi...
Total Annual Compensation: $274.0K
Senior Vice President of External Affairs & C...
Total Annual Compensation: $207.6K
Vice President of Administration- Unitil Serv...
Total Annual Compensation: $190.3K
Compensation as of Fiscal Year 2013.

unitil corp (UTL) Key Developments

Unitil Corp. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Capital Budget Plan for 2015

Unitil Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net income of $9.4 million, or $0.69 per share, compared to $10.3 million, or $0.75 per share, for the same period in 2013. Gas Revenue was $62.1 million against $58.6 million a year ago. Electric revenues were $56.5 million against $49.8 million a year ago. Income before income taxes was $14.6 million against $16.6 million a year ago. For the full year, the company reported net income of $24.7 million, or $1.79 per share, an increase of $3.1 million, or $0.22 per share, compared to 2013. The 14.0% increase in earnings for the twelve months ended December 31, 2014 was driven by higher natural gas and electric sales margins partially offset by higher net operating expenses. Gas revenues were $201.4 million against $170.4 million a year ago. Electric revenues were $218.7 million against $190.7 million a year ago. Income before income taxes was $38.7 million against $34.3 million a year ago. In 2014, the company earned a 9.2% return on equity, which is in line with the ROEs allowed by regulators. For 2015, the company plans to spend about $58 million on gas projects, $31 million on electric projects and $9 million on business systems and supporting technology for a total of $98 million of spending in 2015. Spending on new customer additions will be a significant component of this budget. In 2015, the company plans plan to spend about $35 million or 36% of total capital budget on expansion of gas and electric distribution systems to achieve new customer growth. Of this, $21 million will be spent on expansion of natural gas delivery system, targeting new customers and increased sales, while on the electric side, the company plans to spend about $14 million on growth and expansion. Capital spending plan continues to drive growth in gas and electric rate base, which has resulted in annual growth rates of 10% and 3%, respectively, since 2009. The company expects gas rate base to continue to grow on the order of 10% in the future given system expansion initiatives and infrastructure replacement programs.

Unitil Corporation Announces First Quarter Dividend, Payable on February 27, 2015

Unitil Corporation announced that its Board of Directors raised the quarterly dividend on the company's common stock from $0.345 per share to $0.35 per share, increasing the effective annual dividend rate by $0.02 per share to an annual rate of $1.40 per share. The Board declared the first quarter common stock dividend payable February 27, 2015, to shareholders of record on February 13, 2015.

Unitil Corp. to Report Q4, 2014 Results on Jan 28, 2015

Unitil Corp. announced that they will report Q4, 2014 results at 2:00 PM, US Eastern Standard Time on Jan 28, 2015

 

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UTL

Industry Average

Valuation UTL Industry Range
Price/Earnings 19.1x
Price/Sales 1.1x
Price/Book 1.7x
Price/Cash Flow 7.1x
TEV/Sales 0.2x
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