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.

Essential Utilities, Inc. (NYSE:WTRG ) Q3 2023 Earnings Conference Call November 7, 2023 11:00 AM ET Company Participants Brian Dingerdissen - Vice President, Investor Relations & Treasurer Chris Franklin - Chairman & Chief Executive Officer Dan Schuller - Executive Vice President & Chief Financial Officer Conference Call Participants Julien Dumoulin-Smith - Bank of America Durgesh Chopra - Evercore Gregg Orrill - UBS Jonathan Reeder - Wells Fargo Ryan Connors - Northcoast Research Operator Good day, and welcome to today's Essential Utilities Third Quarter 2023 Earnings Call. This meeting is being recorded.

Essential Utilities, Inc. (WTRG) Q3 2023 Earnings Call Transcript

Essential Utilities (WTRG) continues to expand its operations through acquisitions and organic means. Its systematic investments are further strengthening its infrastructure.

Essential Utilities (WTRG) Q3 Earnings Surpass Estimates

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today reported results for the third quarter ended September 30, 2023. “We are pleased with the strong execution and financial performance in the third quarter of the year, and we remain on track to meet our 2023 guidance,” said Essential Utilities Chairman and Chief Executive Officer Christopher Franklin. “Our proven track record of capital investment and operational excellence has positioned us as an industry leading water.

Essential Utilities Reports Financial Results for Q3 2023

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BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) announces the election of Rod West to the Essential board of directors. He will serve on the following committees: Corporate Governance Committee and Risk Mitigation and Investment Policy Committee West is the group president, utility operations at Entergy Corporation (NYSE:ETR), a Fortune 500 electric production and distribution company located in New Orleans, Louisiana. His portfolio includes strategy development, operatio.

Essential Utilities Announces Election of Roderick K. West to Board of Directors

BRYN MAWR, Pa.--(BUSINESS WIRE)--The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.3071 per share, payable December 1, 2023, to all shareholders of record on November 10, 2023. The December 2023 dividend payment of $0.3071 per share represents a $0.0201, or 7% increase over the December 2022 dividend payment of $0.2870 per share. Essential Utilities has paid consecutive quarterly cash dividends for 78 years and has increased the divid.

Essential Declares December 2023 Dividend

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BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities is honored as a Champion of Board Diversity by The Forum of Executive Women for the fifth year since 2016.

Essential Utilities Recognized as Champion of Board Diversity by The Forum of Executive Women

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Essential Utilities stock has declined 30% and is currently trading at a 10-year low price-to-earnings ratio. The company has a wide business moat and is on a reliable growth trajectory. Analysts expect 7-8% growth in earnings per share, and the stock has a potential upside of 45% when interest rates normalize.

Essential Utilities Is The Cheapest It Has Been In More Than A Decade

When properly weighted, water and gas utilities like Essential Utilities can fit perfectly into a dividend growth stock portfolio. Thanks to its low payout ratio, Essential Utilities' status as a Dividend Aristocrat is at minimal risk of ending anytime soon. Essential Utilities boasts an excellent balance sheet, which is why it enjoys an A credit rating from S&P.

Essential Utilities: Buy This Cheap, Ultra SWAN Dividend Stock

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BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended September 30, 2023 following market close on Nov. 6, 2023. The company's conference call with financial analysts will take place on Tuesday, Nov. 7, 2023, at 11 a.m. Eastern Standard 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.

Essential Utilities to Report Earnings for Q3 2023

Essential Utilities' (WTRG) subsidiary, Aqua Pennsylvania, continues to expand its operations through systematic acquisitions.

Essential Utilities' (WTRG) Arm to Buy Greenville Water System

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities' Aqua Pennsylvania Agrees to Purchase Greenville Water System for $18 Million.

Essential Utilities' Aqua Pennsylvania Agrees to Purchase Greenville Water System for $18 Million

Essential Utilities (WTRG) completes its previously announced sale of natural gas utility assets in West Virginia to Hope Gas. WTRG is set to focus on the states where it has larger gas operations.

Essential Utilities (WTRG) Completes Sale of Gas Utility in WV

Cordia to Expand Footprint in Pittsburgh with $165 Million Deal to Acquire Three Energy Systems from Essential Utilities that Strategically Supports Cordia's Growth in the Region. PHOENIX , Oct. 3, 2023 /PRNewswire/ -- Cordia, a leading provider of safe, reliable, and sustainable energy solutions, today announced that it has signed a binding agreement to acquire three microgrids and district energy systems in Allegheny County, Pennsylvania, from Essential Utilities, Inc. (NYSE: WTRG).

Cordia Acquiring Three Cutting-Edge Energy Systems from Essential Utilities in Allegheny County

PITTSBURGH--(BUSINESS WIRE)--Essential Utilities, Inc. (NYSE: WTRG) today announced a binding agreement to sell its three non-utility microgrid and district energy properties in Allegheny County to Cordia, a sustainability-driven energy solutions provider. The agreement is valued at $165 million. The agreement covers innovative microgrids and district energy systems developed by Peoples, Essential's gas operations subsidiary based in Pittsburgh, where the assets are located. The Pittsburgh Inte.

Essential Utilities Announces Sale of Allegheny County Microgrid and District Energy Projects to Cordia

Morgantown, WV, Oct. 02, 2023 (GLOBE NEWSWIRE) -- MORGANTOWN, WV. (October 2, 2023) – Hope Gas today announced that it closed the acquisition of Peoples Gas WV with Essential Utilities (NYSE: WTRG). The acquisition of Peoples Gas WV adds 13,000 new customers and grows the company's customer base by approximately 10%.

HOPE GAS CLOSES ACQUISITION OF PEOPLES GAS WV AND WELCOMES 13,000 NEW CUSTOMERS

BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities (NYSE: WTRG) today closed the sale of its West Virginia natural gas utility assets to Morgantown, WV-based Hope Gas. The sale enables Essential to prioritize growth of its water and wastewater utilities in states in which it has scale. The Peoples Gas operation in Western Pennsylvania continues to play an important role in Essential's acquisition strategy as Aqua expands its footprint into the region, building upon Peoples' respected reputati.

Essential Utilities Completes Sale of West Virginia Gas Utility Assets

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BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities publishes 2022 ESG Report, notes key environmental, social and governance performance highlights.

Essential Utilities Publishes 2022 ESG Report: Achieves Supplier and Employee Diversity Targets, Highlights Strong Progress on Emissions Reduction Goals

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2023 has been one heck of a year. The S&P 500 is close to all-time highs. The Fed raised interest rates in July, as the economy is still on fire. The retirement accounts brought in a total dividend income amount of $379.48 or 22% of the dividend income total, similar to last month. Dividend increases created $42.95 in additional passive dividend income.

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