Unitil Corp (NYSE:UTL)
$ 53.01 +1.27 (+2.45%) Market Cap: 953.69 Mil Enterprise Value: 1.87 Bil PE Ratio: 16.78 PB Ratio: 1.50 GF Score: 75/100

Q3 2025 Unitil Corp Earnings Call Transcript

Nov 4, 2025 / 07:00 PM GMT
Release Date Price: $48.74 (-0.73%)

Key Points

Positve
  • Unitil Corp (UTL) reported an increase in adjusted earnings per share by $0.01 compared to the third quarter of 2024.
  • The company successfully integrated Bangor Natural Gas into its operations, enhancing its utility operations.
  • Unitil Corp (UTL) completed a $72 million equity offering, strengthening its balance sheet and improving credit metrics.
  • The company is on track to reduce greenhouse gas emissions by 50% by 2030 and achieve net zero by 2050.
  • Unitil Corp (UTL) reaffirmed its guidance for earnings growth, dividend growth, and rate-based growth.
Negative
  • Operation and maintenance expenses increased by $8.7 million compared to the same period in 2024.
  • Interest expense rose by $5.2 million due to higher levels of long-term debt and regulatory liabilities.
  • Depreciation and amortization expenses increased by $10.5 million, reflecting higher depreciation rates and additional utility plant service.
  • The company faces ongoing regulatory processes for the Aquarian water transaction, with approvals pending in several states.
  • Unitil Corp (UTL) is experiencing higher utility operating and labor costs, impacting overall expenses.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

UTL.N - Unitil Corp
Q3 2025 Unitil Corp Earnings Call
Nov 04, 2025 / 07:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good day and thank you for standing by.

Welcome to the 3rd quarter, 2025. Unitil earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session.

To ask a question during the session you will need to press 11 on your telephone.

You will then hear an automated message advising your hand is raised. To withdraw your question, please press 11 again.

Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Chris Golding, Vice President of Finance and regulatory. Please go ahead.

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