
Business UpdateMay 15, 2026, 04:52 PM
Unitil to Present at AGA Financial Forum; Posts Investor Presentation
AI Summary
Unitil Corporation announced its attendance at the American Gas Association (AGA) Financial Forum from May 17-19, 2026, and posted an investor presentation to its website. The presentation highlights strong financial and operational performance, including record earnings and a dividend increase. It also details strategic acquisitions and a robust capital investment plan, reaffirming long-term growth guidance.
Key Highlights
- Unitil to attend the American Gas Association Financial Forum from May 17-19, 2026.
- Company posted an investor presentation to its website for discussion at the forum.
- Achieved record earnings of $50.2 million and adjusted EPS of $3.16.
- Increased dividend by 5.6% to $1.90 on an annualized basis.
- Grew rate base by 17% and increased 5-year investment outlook by 20%.
- Completed acquisitions of Bangor Natural Gas and Maine Natural Gas.
- Announced pending acquisition of three water companies.
- Reaffirmed long-term EPS growth guidance of 5.0%-7.0% and rate base growth of 6.5%-8.5%.
- Outlined a $1.2 billion 5-year capital investment plan.
Price Impact
More from UTL