Unitil Corporation · Hampton, NH United States ·(NYSE: UTL)
Company Description
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This link will open in a new window New England electric and gas company Unitil won't be satified until it makes all its customers happy. The company's Unitil Energy Systems subsidiary provides regulated electric utility services to 72,500 customers in New Hampshire, and subsidiary Fitchburg Gas and Electric has more than 27,800 power and 15,120 natural gas customers in Massachusetts. Unitil's utility units provide retail supply services to customers who don't choose to purchase energy from a third-party marketer. Indirect subsidiary, Usource LLC, provides energy brokerage service to large energy users throughout the Northeast seeking competitive power or natural gas supplies. To read the full description, subscribe now.
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Key Unitil Corporation Financials
| Company Type | Public - NYSE: UTL Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $288.2 |
| 2008 Employees | 406 |
Unitil Corporation Executives
21 executives listed for Unitil Corporation's Hampton, NH location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Robert Schoenberger | Network |
| SVP and COO | Thomas Meissner | Network |
| SVP, CFO, and Treasurer | Mark Collin | Network |
Competition
Competitive Landscape for Unitil Corporation
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Unitil Corporation Competitors
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