WTRG

Essential Utilities Announces Election of Christopher Bruner and Tamara Linde to Board of Directors

Retrieved on: 
Thursday, May 2, 2024

Essential Utilities Inc. (NYSE: WTRG) announces Christopher Bruner and Tamara Linde as the newest members of its board of directors.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announces Christopher Bruner and Tamara Linde as the newest members of its board of directors.
  • Mr. Bruner will chair Essential’s audit committee and serve on the executive compensation committee.
  • Ms. Linde will serve on the corporate governance committee and the risk mitigation and investment policy committee.
  • View the full release here: https://www.businesswire.com/news/home/20240502139650/en/
    Essential Utilities Announces Election of Christopher Bruner to Board of Directors.

Essential Utilities Reports Financial Results for Q1 2024

Retrieved on: 
Thursday, May 2, 2024

Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2024.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2024.
  • “Although our gas footprint experienced warmer than normal winter weather in Q1 2024, we remain focused on and expect to post strong results for the year,” said Essential Utilities Chairman and Chief Executive Officer Christopher Franklin.
  • “In Q1 2024, the company completed the $165 million sale of its three non-utility microgrid and district energy projects in Pittsburgh.
  • This dividend will be payable on June 1, 2024, to shareholders of record on May 10, 2024.

Essential Utilities Donated $5.5 Million in 2023 to Strengthen Communities Across Service Territory

Retrieved on: 
Thursday, April 25, 2024

Essential Utilities (NYSE: WTRG) today released its 2023 Community Impact Report , announcing $5.5 million in giving to more than 450 organizations serving communities across its nine-state service territory last year.

Key Points: 
  • Essential Utilities (NYSE: WTRG) today released its 2023 Community Impact Report , announcing $5.5 million in giving to more than 450 organizations serving communities across its nine-state service territory last year.
  • Of this total, $5 million was donated directly to 501(c)3 organizations.
  • The company increased its charitable contributions by more than $1 million compared to 2022.
  • Fall for Food Banks: An annual partnership program across the company’s service territory to support local food banks through charitable donations, food collections and volunteer events.

Essential Utilities Names Natalie Chesko as New President of Aqua New Jersey

Retrieved on: 
Thursday, April 18, 2024

Essential Utilities Inc. (NYSE: WTRG) announced today Natalie Chesko has been named the new President of Aqua New Jersey.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announced today Natalie Chesko has been named the new President of Aqua New Jersey.
  • View the full release here: https://www.businesswire.com/news/home/20240418338924/en/
    Essential Utilities Announces Appointment of Natalie Chesko to President of Aqua New Jersey.
  • (Photo: Business Wire)
    “I couldn’t be more elated to welcome Natalie to the Aqua family, and I’m excited to see how her passion and expertise will further Aqua’s mission,” said Aqua President Colleen Arnold.
  • “I am thrilled at this opportunity to be the President of Aqua New Jersey,” said Chesko.

Essential Utilities and Employees Team Up for $800,000 Donation to United Way

Retrieved on: 
Friday, April 5, 2024

Essential Utilities Inc. (NYSE: WTRG) announced today more than $800,000 in total contributions for the United Way during the company’s 2023-2024 giving campaign, The Essential Way.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announced today more than $800,000 in total contributions for the United Way during the company’s 2023-2024 giving campaign, The Essential Way.
  • View the full release here: https://www.businesswire.com/news/home/20240403781019/en/
    More than 2,000 employees participated in the campaign to support 479 deserving community organizations, including United Way organizations across Essential’s nine-state footprint and many other nonprofits in the United Way network.
  • Aqua and Peoples have partnered with the United Way for more than two decades, donating more than $3.1 million in just the past four years since the companies united under Essential Utilities.
  • The United Way employee giving program allows team members to direct their contributions to causes that are important to them and their local community.

Essential Utilities to Report Earnings for Q1 2024

Retrieved on: 
Monday, March 25, 2024

Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended March 31, 2024, following market close on May 2, 2024.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended March 31, 2024, following market close on May 2, 2024.
  • The company’s conference call with financial analysts will take place on Friday, May 3, 2024, at 11 a.m. Eastern Daylight Time.
  • The conference call will be archived in the Investor Relations section of the company’s website for 90 days following the call.
  • Additionally, the call will be recorded and made available for replay at 2 p.m. on May 3, 2024, for 10 business days following the call.

Essential Utilities Reports Financial Results for Full-Year 2023 and Announces Guidance

Retrieved on: 
Thursday, February 22, 2024

Essential Utilities Inc. (NYSE: WTRG) today reported results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) today reported results for the fourth quarter and year ended December 31, 2023.
  • “Despite the winter weather that was significantly warmer than normal in 2023, we successfully delivered earnings per share that met our 2023 guidance expectations,” said Essential Utilities Chairman and Chief Executive Officer Christopher Franklin.
  • “Also, for the third consecutive year, Essential has been named to Newsweek’s list of America’s Most Responsible Companies.
  • Essential reported net income of $135.4 million for the fourth quarter of 2023, compared to $114.9 million for the same quarter in 2022.

Essential Declares June 2024 Dividend

Retrieved on: 
Wednesday, February 21, 2024

The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.3071 per share, payable June 1, 2024, to all shareholders of record on May 10, 2024.

Key Points: 
  • The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.3071 per share, payable June 1, 2024, to all shareholders of record on May 10, 2024.
  • The June 2024 dividend payment of $0.3071 per share represents a $0.0201, or 7% increase over the June 2023 dividend payment of $0.2870 per share.
  • Essential Utilities has paid consecutive quarterly cash dividends for 79 years and has increased the dividend 33 times in the last 32 years.

Essential Utilities to Report Earnings for Full-Year 2023

Retrieved on: 
Friday, February 2, 2024

Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter and 2023 year end, and announce guidance, following market close on Feb. 22, 2024.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter and 2023 year end, and announce guidance, following market close on Feb. 22, 2024.
  • The company’s conference call with financial analysts will take place on Friday, Feb. 23, 2024, 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 be archived in the Investor Relations section of the company’s website for 90 days following the call.

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

Retrieved on: 
Wednesday, January 31, 2024

Essential Utilities, Inc. (NYSE: WTRG) today closed the sale of its three non-utility microgrid and district energy properties in Allegheny County to Cordia , a sustainability-driven energy solutions provider.

Key Points: 
  • Essential Utilities, Inc. (NYSE: WTRG) today closed the sale of its three non-utility microgrid and district energy properties in Allegheny County to Cordia , a sustainability-driven energy solutions provider.
  • 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.
  • Cordia currently operates energy systems in Pittsburgh’s Uptown and North Shore neighborhoods, as well as the on-campus energy system for Duquesne University.
  • “These microgrid projects demonstrated the ability of natural gas to meet all the energy needs of major institutions, like the groundbreaking microgrid at Pittsburgh International Airport,” said Essential Utilities CEO Chris Franklin.