StockWatch
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Power Generation
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.