Credit and interest ratesmixed · 4 filings
“Changes in market interest rates do not affect interest expense resulting from these outstanding long-term debt securities.”10-Q · May 4, 2026 ↗
Unitil Corporation
UTL
Market read
Unitil Corporation's move is spreading beyond its market group.
No new filing conclusion is available. 13 of 14 group members are active now; 7 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Company+0.0% todayVolume comparison unavailable
Market group13 of 14 activeRegulated Utilities · active
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- At least 10 of 14 members remain active in the next snapshot.
- Capital-flow agreement rises above 55%.
- BKH remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 4 of 14 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 13 of 14 group members are active now; 7 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 10 of 14 members remain active in the next snapshot.
- Capital-flow agreement rises above 55%.
- BKH remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements77
Verified relationships1
Evidence supporting the case
- Latest annual revenue changed +8.3% year over year.
- Credit and interest rates has repeated favorable evidence across 4 filings.
Evidence challenging the case
- Diluted shares increased 4.2% in the latest annual period.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 11, 2026
53.176m+2.2%12m+13.7%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$473.3M+13.1%$2.35+2.8%
2022-12-31$563.2M+19.0%$2.59+4.0%
2023-12-31$557.1M-1.1%$2.82+0.4%
2024-12-31$494.8M-11.2%$2.93+0.4%
2025-12-31$536.0M+8.3%$2.97+4.2%
What management says matters
Persistent and emerging business drivers
Legal and regulatory exposurepositive · 4 filings
“Due to extended regulatory review time periods, Northern Utilities anticipates the commencement of remediation activities in late 2026 or 2027.”10-Q · May 4, 2026 ↗
Demand and volumemixed · 3 filings
“Fitchburg - Grid Modernization Cost Recovery Factor - On April 15, 2023, Fitchburg filed its GMF rate adjustment and reconciliation filing for recovery of the costs incurred as a result of implementing the Company’s 2022-2025 GMP, approved by the MDPU in Orde…”10-K · Feb 9, 2026 ↗
Input and raw-material costsnegative · 1 filings
“In 2024, total O&M expenses increased $2.0 million, or 2.6%, compared to 2023, reflecting higher labor costs of $2.5 million, partially offset by lower utility operating costs of $0.5 million.”10-K · Feb 9, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
53.17+0.0% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for UTL. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for UTL. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind UTL
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
PWFiling-linked namepartnerNov 3, 2025 ▾
“A sixth utility subsidiary, Unitil Power, formerly functioned as the full requirements wholesale power supply provider for Unitil Energy, but ceased being the wholesale supplier of Unitil Energy with the implementation of industry restructuring and divested i…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
UTL is currently a Participant in the organic co-movement group Regulated Utilities. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.