UNITIL Corporation Highlights Strong Financial Results and Business Initiatives in Latest Investor Presentation
Reuters
Nov 14, 2025
UNITIL Corporation Highlights Strong Financial Results and Business Initiatives in Latest Investor Presentation
UNITIL Corporation reported strong financial performance, with adjusted net income for the third quarter reaching $0.4 million, or $0.03 per share, marking an increase from the same period last year. Year-to-date adjusted net income rose to $33.5 million, or $2.03 per share, up $1.4 million from the first nine months of the previous year. The company closed its acquisition of Maine Natural Gas and completed the integration of Bangor Natural Gas. An electric rate case in New Hampshire is progressing as planned, with a temporary rate award of $7.8 million effective in the third quarter. Recent equity issuance met the capital needs for the company's gas acquisitions. UNITIL also highlighted the operational success of its Kingston (NH) Solar Project and ongoing investments in advanced metering infrastructure. Customer growth was noted, with approximately 9,420 new gas customers added, including 8,820 from the Bangor Natural Gas acquisition. You can access the full presentation through the link below.
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