Essential Utilities

Essential Utilities, Inc. is a holding company, which engages in providing water, wastewater and natural gas services through its subsidiaries. It operates through the Regulated Water and Regulated Natural Gas segments. The Regulated Water segment includes water and wastewater regulated utility companies. The Regulated Natural Gas segment consists of natural gas utility companies, which provides natural gas distribution services. The company was founded in 1968 and is headquartered in Bryn Mawr, PA.

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Essential Utilities reports robust earnings, navigates challenges for growth

Essential Utilities delivered solid financial results for Q4 2022 and the full year, driven by strategic acquisitions and infrastructure investments. While facing challenges such as supply chain constraints and acquisition delays, the company is well-positioned to capitalize on growth opportunities and navigate regulatory complexities. Maintaining a focus on cost management and operational efficiency will be crucial for sustaining financial performance.

Essential Utilities reports resilient Q1 earnings amidst environmental focus

Essential Utilities navigated challenges in Q1 2023 to deliver solid financial performance and maintain guidance for the full year. The company's proactive approach to environmental compliance, safety, and growth initiatives positions it well for future success. Balancing operational efficiency, regulatory requirements, and financial strategies will be crucial for sustaining growth and shareholder value.

Essential Utilities reports solid Q2 earnings amidst growth strategies

Essential Utilities delivered a strong financial performance in Q2 2023, with revenue decrease offset by increased net income and EPS, driven by effective expense management.
The company's focus on growth through acquisitions, infrastructure improvements, and cost control initiatives positions it well for future success and earnings growth.
While facing challenges such as regulatory uncertainties and compliance costs, Essential Utilities remains confident in meeting its financial targets and navigating potential obstacles.

Essential Utilities reports strong Q3 performance amidst sector challenges

Essential Utilities navigated challenges in the utilities sector, focusing on capital execution, ESG goals, and controlling expenses. Despite a tragic event and stock performance challenges, the company reported strong Q3 performance and remains committed to growth and sustainability. Opportunities in acquisitions, rate base growth, and innovative projects position Essential Utilities for future success.

Essential Utilities meets earnings guidance amidst revenue challenges and regulatory uncertainties

Essential Utilities demonstrated resilience in meeting earnings guidance despite revenue challenges, emphasizing operational excellence and responsible practices.
The company faces significant PFAS mitigation costs and regulatory uncertainties but sees opportunities in accelerated rate base growth and strategic investments.
Management's focus on customer and investor returns, along with ongoing efforts to address environmental challenges, position Essential Utilities for sustainable growth.

Essential Utilities reports robust Q1 growth amid operational resilience

Essential Utilities' Q1 2024 performance reflects financial strength, operational resilience, and strategic foresight amidst market challenges.
The company's proactive approach to safety, infrastructure, and regulatory compliance positions it well for sustainable growth and stakeholder value creation.
Challenges in weather impacts, settlement complexities, and market dynamics underscore the need for adaptive strategies and stakeholder engagement.

Essential Utilities reports resilient performance amidst weather challenges and regulatory updates

Essential Utilities (WTRG) showcased strong operational resilience and financial performance in Q2 2024, despite weather-related challenges impacting gas usage and revenue. The company's commitment to shareholder value through dividend growth and environmental initiatives underpins its strategic focus.
Challenges such as weather impacts on earnings and regulatory uncertainties were evident, emphasizing the need for adaptive strategies. However, opportunities in infrastructure investments, regulatory authorizations, and environmental leadership position Essential Utilities for future growth.
Navigating regulatory complexities and balancing operational efficiency with revenue generation remain key priorities for the company. By addressing challenges proactively and capitalizing on growth opportunities, Essential Utilities aims to sustain its financial stability and drive long-term value creation.

Essential Utilities (WTRG) reports strong Q3 earnings and outlines growth strategies

Essential Utilities (WTRG) delivered a robust performance in Q3 2024, demonstrating financial strength and strategic planning. The company faces challenges in regulatory compliance and environmental impact but has opportunities for growth and expansion.

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Essential Utilities, Inc. is a holding company, which engages in providing water, wastewater, and natural gas services through its subsidiaries. It operates through the Regulated Water and Regulated Natural Gas segments. The Regulated Water segment includes water and wastewater regulated utility companies. The Regulated Natural Gas segment refers to natural gas utility companies, which provide natural gas distribution services. The company was founded in 1968 and is headquartered in Bryn Mawr, PA.

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities has appointed Vice President and Chief Information Officer Whitney Kellett to lead its $143 million service improvement project following the retirement of former Senior Vice President, Business Transformation Ruth DeLost-Wylie. The next phase of the project, which began in 2020, will continue under Kellett's leadership. As part of its succession planning, the company also announced that Kellett will assume the role of chief administrative of

Essential Utilities appoints Whitney Kellett to head SIP project and assume chief administrative officer role in 2023

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities announced today the promotion of Dave Kralle to Chief of Staff to the Essential Chairman and CEO Christopher Franklin who created the role shortly after his appointment in 2015. Franklin created the role in recognition that “people are the company's greatest asset,” and that managing a large, geographically dispersed organization naturally presents challenges. As chief of staff, Kralle will play a key role, ensuring that the company's vision

Essential Utilities Appoints New Chief of Staff

Essential Utilities, Inc. (NYSE:WTRG ) Q2 2022 Earnings Conference Call August 4, 2022 11:00 AM ET Company Participants Brian Dingerdissen - VP and Chief, Staff, IR & Communications Christopher Franklin - Chairman, President & CEO Daniel Schuller - EVP & CFO Matthew Rhodes - EVP, Strategy & Corporate Development Conference Call Participants Insoo Kim - Goldman Sachs Group Durgesh Chopra - Evercore ISI Ryan Connors - Northcoast Research Partners Travis Miller - Morningstar Inc. Ryan Greenwald - Bank of America Merrill Lynch Verity Mitchell - HSBC Gregg Orrill - UBS Jonathan Reeder - Wells Fargo Securities Operator Good day, and welcome to the Essential Utilities Inc. Quarter 2 2022 Earnings Call. Today's conference is being recorded.

Essential Utilities, Inc. (WTRG) CEO Christopher Franklin on Q2 2022 Results - Earnings Call Transcript

Essential Utilities (WTRG) continues to benefit from the stable performance of its regulated water and natural gas segment. The company is on course to make a $3-billion investment through 2024.

Essential Utilities (WTRG) Q2 Earnings in Line With Estimates

Essential Utilities (WTRG) delivered earnings and revenue surprises of 0% and 8.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Essential Utilities (WTRG) Q2 Earnings Match Estimates

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG), today reported results for the second quarter ended June 30, 2022. “We are pleased with the execution of our infrastructure investment plan and our municipal acquisition plan this quarter. Our work is yielding strong results for both customers and shareholders. The board has demonstrated their continued confidence in our plan by increasing the quarterly dividend. Our work continues to produce solid financial performance for

Essential Utilities Reports Financial Results for Q2 2022

BRYN MAWR, Pa.--(BUSINESS WIRE)--As part of a planned succession Essential Utilities has announced that Brian Dingerdissen, formerly chief of staff, and vice president of communications and investor relations, has been named vice president, investor relations and treasurer. In his new role, Dingerdissen will retain his responsibilities for investor relations, lead the company's ESG program and report to Dan Schuller, the company's CFO. As treasurer, Dingerdissen will be responsible for the comp

Essential Utilities' Long-Time Chief of Staff Brian Dingerdissen Appointed to New Role as Vice President, Investor Relations and Treasurer

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BRYN MAWR, Pa.--(BUSINESS WIRE)--The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.2870 per share, payable Sept. 1, 2022 to all shareholders of record on Aug. 12, 2022. The Sept. 2022 dividend will represent a 7% increase compared to the $0.2682 cash dividend the company paid in June of this year. This marks the 32nd dividend increase in the past 31 years. The company has paid a consecutive quarterly cash dividend for 77 years. Follow

Essential declares 7% dividend increase

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today published its 2021 ESG Reporting Update, which is available for download on its microsite ESG.Essential.co. Essential produces a full ESG Report every two years and, in the interim, provides stakeholders an update that includes the following items: SASB and ESG Metrics Index- A pamphlet of key ESG metrics updated for 2021, inclusive of Sustainable Accounting Standards Board disclosures and additional information TCFD R

Essential Utilities Publishes ESG Reporting Update

BRYN MAWR, Pa.--(BUSINESS WIRE)--Aqua Illinois, a subsidiary of Essential Utilities, Inc. (NYSE: WTRG) has appointed operations executive David Carter as state president. Carter will lead the Illinois team as they continue to provide high-quality, reliable water and wastewater services to 273,000 customers. Carter brings over 15 years of water and wastewater industry experience, and more than 15 years of experience in engineering, consulting and development. His background includes expertise in

Essential Utilities Subsidiary, Aqua Illinois, Names David Carter as New President

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BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announced the appointment of Brian Gresehover to vice president, engineering for Aqua, its water and wastewater subsidiary. Gresehover previously served as a senior project engineer for Aqua, where he oversaw a $150 million annual capital budget focused on planning, management, design and renewal of the water distribution system. In his new role, Gresehover will lead Aqua's engineering department, providing key centralized s

Essential Utilities appoints Brian Gresehover to vice president of engineering for water and wastewater subsidiary

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announced that its Aqua Pennsylvania subsidiary was the sole company selected by the board of the Bucks County Water and Sewer Authority to advance to more definitive discussions regarding the sale of the authority's wastewater assets. Aqua Pennsylvania formally offered more than $1.1 billion for BCWSA. At a public meeting held earlier today, the BCWSA Board voted to grant Aqua a one-year exclusivity agreement and formally r

Essential Utilities' Aqua Pennsylvania Subsidiary Selected to Continue Discussions to Purchase the Wastewater Assets of Bucks County Water and Sewer Authority

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. has been recognized as a “3+” Company by 50/50 Women on Boards for having a board of directors comprised of 3 or more women.

Essential Utilities Recognized as a “3+” Company by 50/50 Women on Boards

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WTRG is a high-quality Dividend Aristocrat, with a wide business moat. WTRG is essentially immune to recessions.

Essential Utilities: Despite The Upcoming Dividend Hike, Wait For A Correction

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today announced it has once again been named to 3BL Media's 100 Best Corporate Citizens list for the second consecutive year, moving from #90 to #42 and placing among the top three utilities. Within the utilities industry, Essential ranked #1 in Environment, Climate Change, Human Rights and ESG Performance, and #4 in Environment overall. The ranking emphasizes Essential's commitment to environmental, social and governance (E

Essential Utilities Named Among Top 50 Best Corporate Citizens by 3BL Media

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BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended June 30, 2022 following market close on Aug. 3, 2022. The company's conference call with financial analysts will take place on Thursday, Aug. 4, 2022 at 11 a.m. Eastern Daylight Time. The call and presentation will be webcast live so interested parties may listen over the internet by logging on to Essential.co and following the link for Investors. The conference call will be a

Essential Utilities to Report Earnings for Q2 2022

Essential Utilities (WTRG) reported earnings 30 days ago. What's next for the stock?

Why Is Essential Utilities (WTRG) Up 12.8% Since Last Earnings Report?

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Essential Utilities' (WTRG) first-quarter earnings come in better than expected. WTRG continues to expand its operations through acquisitions.

News for Essential Utilities Stock (WTRG)