| UNITIL is a public utility holding company. Through its subsidiaries, Co. distributes electricity and natural gas to customers in New Hampshire, Massachusetts and Maine. Co.'s natural gas operations include gas distribution utility operations, which are conducted through two of its operating utilities, Northern Utilities, Inc. (Northern Utilities) and Fitchburg Gas and Electric Light Company; and interstate gas transmission pipeline operations, in which its Granite State Gas Transmission, Inc. subsidiary provides Northern Utilities with interconnection to primary natural gas pipelines and access to domestic natural gas supplies in the south and Canadian natural gas supplies in the north. We show 43 historical shares outstanding datapoints in our UTL shares outstanding history coverage, used to compute UTL market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UTL market cap history over the course of time is important for investors
interested in comparing UTL's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of UTL versus a peer is one thing; comparing
UTL market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like UTL can fluctuate over the course of history.
With this page we aim to empower investors researching UTL by allowing them to research the UTL market cap history.