Unitil Corporation sets Q2FY26 earnings release for August 3

1 min read     Updated on 21 Jul 2026, 05:36 PM
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AI Summary

Unitil Corporation announced it will release its Q2FY26 earnings on August 3, 2026, followed by a conference call on August 4 at 2:00 p.m. ET. The call will be broadcast live, with an archive available for one year. Unitil provides energy and water services to over 225,000 customers across New England.

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Unitil Corporation has scheduled the release of its second quarter 2026 earnings after the market closes on August 3, 2026. The company will host a conference call and webcast on August 4, 2026, at 2:00 p.m. ET to discuss its quarterly performance. This announcement provides investors with a timeline to access the financial results and management's commentary for the period.

The conference call will be broadcast live in listen-only mode on Unitil’s Investors page at investors.unitil.com. Interested parties must register via a web link to access the dial information for the call. Related presentation materials will be made available on the website before the call begins. An archive of the webcast will remain accessible for one year following the event.

Unitil Corporation operates as a public utility holding company, delivering electricity, natural gas, and water in New England. The company’s operations span New Hampshire, Maine, and Massachusetts, serving approximately 110,100 electric customers, 105,000 natural gas customers, and 10,700 water customers. The company emphasizes safety, reliability, and community involvement in its service delivery.

Investors seeking further information can contact Christopher Goulding in Investor Relations or Amanda Vicinanzo in External Affairs. The company maintains its corporate website at unitil.com for additional details on its operations and community initiatives.

Key Event Details

Event Date Time Access
Q2FY26 Earnings Release August 3, 2026 After market close investors.unitil.com
Conference Call & Webcast August 4, 2026 2:00 p.m. ET investors.unitil.com

What factors might influence Unitil's Q2 2026 earnings performance given its operations in New England?

How could regulatory changes in New Hampshire, Maine, or Massachusetts impact Unitil's financial results?

What strategic initiatives is Unitil pursuing to enhance reliability and customer satisfaction in its service areas?

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Unitil completes $55.8m purchase of two New Hampshire water companies

1 min read     Updated on 01 Jul 2026, 05:17 AM
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Shriram SScanX News Team
AI Summary

Unitil Corporation acquired Aquarion Water Company of New Hampshire and Abenaki Water Co. for $55.8 million, adding 11,000 water customers and 150 miles of mains. The deal, funded by a Scotiabank term loan, expands Unitil's total customer base to 226,100 across New England. The acquisition is expected to support long-term earnings per share growth of 5% to 7%.

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Unitil Corporation has finalized the acquisition of Aquarion Water Company of New Hampshire and Abenaki Water Co. from the Aquarion Water Authority for $55.8 million. The transaction, which closed on June 30, 2026, expands Unitil’s regulated utility footprint within a state it already serves. This strategic move is expected to be earnings accretive over the long term, supporting the company’s targeted earnings per share growth of 5% to 7%.

The Stock Purchase Agreement was initially announced on May 6, 2025, and was subsequently amended to limit the purchase to the two specific entities. All conditions for the deal were met, including securing approvals from the New Hampshire and Maine Public Utilities Commissions. The acquired water systems comprise approximately 150 miles of distribution mains and serve roughly 11,000 customers across eight communities in New Hampshire.

Financial Details and Funding

The total purchase price of $55.8 million included the assumption of approximately $13.7 million of debt, plus about $0.6 million for estimated working capital and reimbursable capital expenditures. Unitil funded the transaction through a term loan provided by Scotiabank. The rate base for the Aquarion Companies is estimated to be approximately $47.0 million as of December 31, 2025.

Acquisition Metric Value
Purchase Price $55.8 million
Debt Assumed $13.7 million
Working Capital/CapEx $0.6 million
Estimated Rate Base (Dec 31, 2025) $47.0 million
Water Distribution Mains ~150 miles
Customers Served ~11,000

Strategic Impact

With this acquisition, Unitil now serves approximately 226,100 customers across New Hampshire, Maine, and Massachusetts. The breakdown includes 110,100 electric customers, 105,000 natural gas customers, and 11,000 water customers. Thomas P. Meissner Jr., Unitil’s Chairman and Chief Executive Officer, stated that the deal represents a unique opportunity to expand into a complementary regulated utility service.

Unitil was advised in the transaction by Scotiabank and the law firm Dentons. The company remains committed to maintaining service quality for the newly acquired customer base and integrating the experienced local teams of the Aquarion Companies.

How will Unitil integrate the operational systems of the newly acquired water utilities with its existing electric and gas infrastructure?

Does Unitil plan to pursue further acquisitions in the water utility sector to diversify its revenue streams?

What are the expected capital expenditure requirements for upgrading the 150 miles of acquired distribution mains?

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