Unitil Corporation (NYSE:UTL) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Todd Diggins - Chief Accounting Officer and Controller Tom Meissner - Chairman, President and Chief Executive Officer Daniel Hurstak - Controller and Chief Accounting Officer Conference Call Participants Operator Good day and thank you for standing by. Welcome to the Q1 2023 Unitil Earnings Conference Call. At this time all participant are in a listen-only mode. After the speakers presentation there w ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the transition period from to Commission File Number 1-8858 UNITIL CORPORATION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) New Hampshire 02-0381573 (State or other jurisdiction of incorporati ...

Unitil Corporation (NYSE:UTL) Q4 2022 Earnings Conference Call February 14, 2023 2:00 PM ET Company Participants Todd Diggins - Director of Finance Tom Meissner - Chairman, President and Chief Executive Officer Bob Hevert - Senior Vice President, Chief Financial Officer and Treasurer Dan Hurstak - Controller and Chief Accounting Officer Conference Call Participants Operator Good day, and thank you for standing by. Welcome to the Q4 2022 Unitil Earnings Conference Call. At this time all participants’ are in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-8858 UNITIL CORPORATION (Exact name of registrant as specified in its charter) New Hampshire 02-0381573 (State or other jurisdiction of incorpora ...

Unitil Corporation (NYSE:UTL) Q3 2022 Earnings Conference Call November 1, 2022 10:00 AM ET Company Participants Todd Diggins - Director of Finance Tom Meissner - Chairman, President and Chief Executive Officer Bob Hevert - Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants Operator Good day, and thank you for standing by, and welcome to the Third Quarter 2022 Unitil Earnings Conference Call. At this time all participants’ are in a listen-only mode. After the speakers’ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Registrant's telephone number, including area code: (603) 772-0775 Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol | Name of each exc ...

Unitil Corp (NYSE:UTL) Q2 2022 Earnings Conference Call August 2, 2022 10:00 AM ET Company Participants Todd Diggins - IR Officer Thomas Meissner - Chairman, President & CEO Robert Hevert - SVP, CFO & Treasurer Conference Call Participants Kody Clark - Bank of America Merrill Lynch Operator Good day, and welcome to the Q2 2022 Unitil Earnings Conference Call. [Operator Instructions]. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker, Mr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8858 UNITIL CORPORATION (Exact name of registrant as specified in its charter) New Hampshire 02-0381573 (State or other jurisdicti ...

Financial Data and Key Metrics Changes - The company reported a net income of $21.5 million for Q1 2022, with earnings per share of $1.35, representing a 7.1% increase compared to the same period in 2021 [9][21] - The adjusted gross margin for electric operations was $24.6 million, an increase of 3.8% year-over-year, while gas adjusted gross margin was $52 million, reflecting an 8.8% increase [23][24] - Overall sales increased by 1.4% year-over-year, with commercial and industrial unit sales rising by 2.3% [23] Business Line Data and Key Metrics Changes - Electric adjusted gross margin increased due to higher distribution rates and customer growth, with a total of 551 new customers added, marking a 1.5% increase [23] - Gas adjusted gross margin growth was driven by higher rates and customer growth, with colder winter weather contributing to the increase [24] Market Data and Key Metrics Changes - The company serves regions in Maine and New Hampshire, where approximately $8 billion in construction is planned or underway, indicating robust economic development [14] - Significant projects include a $1.7 billion expansion at the Portsmouth Naval Shipyard and a new Amazon Distribution Center in Massachusetts, which are expected to create jobs and drive further investment [16][17] Company Strategy and Development Direction - The company maintains a long-term earnings growth guidance of 5% to 7%, with near-term growth expected to exceed this range [9] - A focus on sustainability includes plans to integrate renewable natural gas into the supply portfolio, supported by legislative efforts in New Hampshire [11] Management's Comments on Operating Environment and Future Outlook - Management noted that inflationary impacts are expected to affect the capital budget more significantly in future years, with current increases in equipment and materials costs [39] - The company has mechanisms in place to recover increased capital costs due to inflation through regulatory solutions [44] Other Important Information - The company has a strong investment outlook totaling about $755 million over the next five years, aimed at ensuring safety, reliability, and modernization of the distribution system [28] - A recent increase in the quarterly dividend reflects confidence in the company's strategic plan and ability to execute [30] Q&A Session Summary Question: Updates on advanced energy systems and clean energy solutions - Management indicated that updates may come later in the year, depending on legislative progress and internal evaluations [36] Question: Inflationary impacts on raw materials and measures to mitigate customer bill impacts - Management highlighted significant cost increases in the capital budget and noted that they are not yet seeing impacts on operating and maintenance expenses [39][42] Question: Customer growth and assumptions for long-term EPS CAGR - The long-term earnings growth is based on historical customer growth rates, with no significant adjustments made at this time [45]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______to _______ Commission File Number 1-8858 UNITIL CORPORATION (Exact name of registrant as specified in its charter) New Hampshire 02-0381573 (State or ...