Middlesex Water

Middlesex Water Co. owns and operates regulated water utility and wastewater systems. The firm's services include water production, treatment, & distribution, full service municipal contract operations, wastewater collection and treatment. It operates through two segments: Regulated and Non-Regulated. The Regulated segment serves residential, commercial, industrial and municipal customers. The Non-Regulated segment engages in business activities with developers, government entities and other customers. The company was founded in 1897 and is headquartered in Iselin, NJ.

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ISELIN, N.J., Jan.  10, 2020  (GLOBE NEWSWIRE) --  Middlesex Water Company  (NASDAQ:MSEX), a provider of water, wastewater and related utility services, is pleased to announce that its Vice President of Corporate Affairs, Bernadette M. Sohler, has been recognized with the Top 10 Influential Women of Water Award presented at the Mazars Women of Water Summit held in Arlington, VA on January 9, 2020.  Mazars USA LLP is an accounting tax and consulting firm with national presence in strategic US geographies.

Middlesex Water Executives Share the Spotlight at Mazars Women of Water Summit

ISELIN, N.J., Nov.  22, 2019  (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX), a provider of regulated and unregulated water and wastewater utility services, today announced the closing of its previously-announced public offering of 760,330 shares of its common stock at a price to the public of $60.50 per share, which included the exercise in full by the underwriters of their option to purchase additional shares of common stock on the same terms and conditions. The net proceeds to Middlesex from the offering, after deducting the underwriting discounts and commissions and other offering expenses, are approximately $43.8 million.

Middlesex Water Company Announces Closing of Its Common Stock Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

ISELIN, N.J., Nov.  19, 2019  (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX), a provider of regulated and unregulated water and wastewater utility services, announced today the pricing of its previously announced underwritten public offering of common stock. Middlesex priced an offering of 661,157 shares of its common stock at a price to the public of $60.50 per share.  The size of the offering has been increased from the previously-announced $35 million of shares of Middlesex common stock to approximately $40 million of shares of Middlesex common stock.  The aggregate gross proceeds from the offering are expected to be approximately $40 million, before deducting the underwriting discounts and commissions payable by Middlesex.  Middlesex has granted the underwriters a 30-day option to purchase up to 99,173 additional shares of its common stock at the public offering price, less underwriting discounts and commissions.

Middlesex Water Company Announces Pricing of Public Offering of Common Stock

ISELIN, N.J., Nov.  19, 2019  (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX), a provider of regulated and unregulated water and wastewater utility services, announced today a proposed public offering of approximately $35 million of shares of its common stock.  All of the shares are being offered by Middlesex.  In addition, Middlesex intends to grant the underwriters a 30-day option to purchase up to an additional $5.25 million of shares of its common stock. 

Middlesex Water Company Announces Proposed Public Offering of Common Stock

Middlesex Water (MSEX) delivered earnings and revenue surprises of -8.33% and -3.16%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Middlesex Water (MSEX) Lags Q3 Earnings and Revenue Estimates

ISELIN, N.J., Oct.  29, 2019  (GLOBE NEWSWIRE) --  Middlesex Water Company  (NASDAQ: MSEX), a provider of water and wastewater and related services primarily in New Jersey and Delaware, was honored today at the Executive Women of New Jersey (EWNJ) A Seat at the Table Corporate Gender Diversity Awards Breakfast, a biennial event which recognizes New Jersey public companies that have 3 or more women on their boards of directors.  Middlesex Water along with 29 other companies were recognized for making the  EWNJ Honor Roll  list. This list is part of EWNJ’s efforts to ensure that women have equal access to the boardroom and high-level executive leadership. The Awards breakfast also featured the exclusive release of EWNJ’s report on the number of women serving on boards and in the top leadership of public companies in New Jersey.

Middlesex Water Honored at Executive Women of New Jersey’s Corporate Gender Diversity Awards Breakfast

Middlesex Water (MSEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Middlesex Water (MSEX) to Report a Decline in Earnings: What to Look Out for

ISELIN, N.J., Oct.  23, 2019  (GLOBE NEWSWIRE) -- Middlesex Water Company (Nasdaq:MSEX) announced today that its Board of Directors has declared a cash dividend of $0.25625 per share on its common stock, a 6.7% increase from the $0.24 per share dividend declared in July of 2019.  This increase raises the annual dividend rate to $1.025 from $0.96 per share of common stock. The declared dividend is payable on December 2, 2019 to shareholders of record as of November 15, 2019.  Middlesex Water Company has paid cash dividends in varying amounts continually since 1912.

Middlesex Water Company Increases Quarterly Dividend

ISELIN, N.J., Oct.  21, 2019  (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ: MSEX), a provider of water and wastewater and related services primarily in New Jersey and Delaware, announced it has begun construction of a new ozone treatment facility and various other upgrades at its Carl J. Olsen Treatment Plant in Edison, New Jersey. Project partners include Northeast Remsco Construction serving as the General Contractor and Jacobs Engineering Group serving as the Consulting Engineer.  Construction is commencing and is anticipated to be completed by mid-2021. 

Middlesex Water Company Begins $70 Million Upgrade at Its Largest Water Treatment Plant

Middlesex Water's (MSEX) unit, Tidewater receives approval from the Delaware Commission to acquire two water systems in Delaware. This is likely to further expand its water services in the region.

Middlesex Water's Arm to Acquire 2 Water Systems in Delaware

ISELIN, N.J., Oct.  08, 2019  (GLOBE NEWSWIRE) --  Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today announced that its subsidiary, Tidewater Utilities, Inc. (“Tidewater”), has received approval from the Delaware Public Service Commission (DEPSC) to acquire the Wilkerson Water Company (Wilkerson) and the Broadkiln Beach Water Company (Broadkiln), both in Delaware, from J.H. Wilkerson & Son, Inc. Customers of these companies will be served by Tidewater’s regulated water utility business that currently serves more than 47,000 accounts throughout Delaware.

Middlesex Water Subsidiary to Acquire Water Systems

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Middlesex Water (MSEX) delivered earnings and revenue surprises of -10.91% and -7.24%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Middlesex Water (MSEX) Q2 Earnings and Revenues Miss Estimates

Middlesex Water (MSEX) to Report Q2 Results: Wall Street Expects Earnings Growth

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