WTRG

Peoples Natural Gas Warms Hearts, Homes Through Support of Local Holiday Events and Community Organizations

Retrieved on: 
Monday, December 18, 2023
Other Philanthropy, Women, Utilities, Oil, Gas, Men, Energy, Philanthropy, Consumer, Food bank, Multimedia, Food, Santa Claus parade, Salvation, WTRG, Downtown Pittsburgh, United Way, Turkey trot, Human, Greater Pittsburgh, Organization, Peoples Energy, Corporation, Essential, Natural gas, Tourism

View the full release here: https://www.businesswire.com/news/home/20231218195750/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231218195750/en/
    A large crowd walks through the Peoples Gas Holiday Market in downtown Pittsburgh during the 2023 holiday season.
  • (Photo: Business Wire)
    Peoples, an Essential Utilities (NYSE:WTRG) company, brings together one-of-a-kind artisans from around the world at the 12th annual Peoples Gas Holiday Market™.
  • As a new Holiday Market exclusive, shoppers can receive a limited-edition souvenir ornament from Peoples when donating to the Greater Pittsburgh Community Food Bank.
  • Peoples is a longtime supporter of the Food Bank, helping them become the primary non-profit partner of the Peoples Gas Holiday Market.

Essential Declares March 2024 Dividend

Retrieved on: 
Tuesday, December 12, 2023
Other Energy, Utilities, Environment, Oil, Gas, Alternative Energy, Green Technology, Energy, WTRG, Essential Utilities, NYSE, Holding company

The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.3071 per share, payable March 1, 2024, to all shareholders of record on February 9, 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 March 1, 2024, to all shareholders of record on February 9, 2024.
  • The March 2024 dividend payment of $0.3071 per share represents a $0.0201, or 7% increase over the March 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 Announces Election of Roderick K. West to Board of Directors

Retrieved on: 
Friday, October 27, 2023
Energy, Natural Resources, Utilities, Other Natural Resources, WTRG, Edison Electric Institute, NYSE, Notre Dame, Sugar Bowl, Policy, MBA, Entergy New Orleans, Entergy, Omega Psi Phi, National Football Foundation, Electric Power Research Institute, ETR, University, Essential, Hurricane Katrina, Essential Utilities, Tulane University, Management, Rod West

Essential Utilities Inc. (NYSE: WTRG) announces the election of Rod West to the Essential board of directors.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) announces the election of Rod West to the Essential board of directors.
  • As president and CEO of Entergy New Orleans from 2007-2010, West led the company out of its post-Hurricane Katrina bankruptcy and back to profitability.
  • “Rod’s vast utility experience and his strategic and commercial acumen will have an immediate, tangible impact on the Essential Board of Directors and our colleagues, customers and shareholders,” said Essential Utilities Chairman and CEO Christopher H. Franklin.
  • West is a life member of Omega Psi Phi Fraternity, Inc., and Sigma Pi Phi (The Boulé).

Essential Declares December 2023 Dividend

Retrieved on: 
Wednesday, October 25, 2023
Utilities, Energy, Essential Utilities, WTRG, NYSE, Holding company

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.

Key Points: 
  • 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 dividend 33 times in the last 32 years.

Essential Utilities to Report Earnings for Q3 2023

Retrieved on: 
Friday, October 6, 2023
Energy, Utilities, Oil, Gas, WTRG, NYSE, Essential Utilities, Internet, Rare-earth element, Cryptocurrency

Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended September 30, 2023 following market close on Nov. 6, 2023.

Key Points: 
  • 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 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 Nov. 7, 2023, for 10 business days following the call.

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

Retrieved on: 
Tuesday, October 3, 2023
Other Energy, Utilities, Environment, Oil, Gas, Sustainability, Alternative Energy, Energy, Allegheny County Courthouse, Essential Utilities, Duquesne University, PIT, Pittsburgh International Airport, TD Securities, Airport, Sale, Government, Public expenditure, Steam, AHN, Traction, Acquisition, Investment, WTRG, Water, Gibson Dunn, Heat, Allegheny Health Network, NYSE, City-County Building, Safety, Heating, ventilation, and air conditioning, Renewable energy, Essential

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.

Key Points: 
  • 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 covers innovative microgrids and district energy systems developed by Peoples , Essential’s gas operations subsidiary based in Pittsburgh, where the assets are located.
  • The Allegheny County District Energy system provides efficient and resilient steam and hot water services to six government buildings including the Allegheny County Courthouse and City-County Building, using seven state-of-the-art steam boilers and one domestic water heater.
  • "We are honored to have the opportunity to acquire the cutting-edge microgrid and district energy systems from Essential Utilities,” said Cordia CEO Earl Collins.

Essential Utilities Completes Sale of West Virginia Gas Utility Assets

Retrieved on: 
Monday, October 2, 2023
Oil, Gas, Environmental Health, Energy, Environment, Utilities, WTRG, Sale, Essential Utilities, Aqua, Growth, Essential, Acquisition, NYSE, Peoples Energy, Water, Electric power

Essential Utilities (NYSE: WTRG) today closed the sale of its West Virginia natural gas utility assets to Morgantown, WV-based Hope Gas.

Key Points: 
  • 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 West Virginia customer base was the smallest of any state in which we operate,” said Chris Franklin, Chairman and CEO of Essential Utilities.
  • During this period, customers should continue to contact Peoples 24/7 hotline at 1-800-400-4271 to report any gas emergencies.

Essential Utilities Reports Financial Results for Q2 2023

Retrieved on: 
Monday, August 7, 2023
Professional Services, Environmental, Social and Governance (ESG), Other Energy, Environment, Utilities, Energy, Village, Essential Utilities, Maintenance, Wastewater, Essential, PFNA, PFAS, Information technology, Internet, Water quality, PFOA, Municipality, Cyprus Securities and Exchange Commission, NYSE, EPA, Delaware County Regional Airport, Acquisition, Investment, WTRG, Webcast, Water, Methane, Growth, ESG, Weather, Ageing, Security (finance), PFOS, Rare-earth element, Video game, Cryptocurrency, Renewable energy, Public utility, Medical device, Risk management

Essential Utilities Inc. (NYSE: WTRG) today reported results for the second quarter ended June 30, 2023.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) today reported results for the second quarter ended June 30, 2023.
  • Despite the weather challenges early in the year, we continue our track record of delivering strong financial results through significant and continuous investment in improvements for our customers, supplemented by a steady stream of acquisition of water and wastewater utilities,” said Essential Utilities Chairman and Chief Executive Officer Christopher Franklin.
  • This dividend will be payable on September 1, 2023, to shareholders of record on August 11, 2023.
  • Webcast and slide presentation link: https://www.essential.co/events-and-presentations/events-calendar
    The company’s conference call with financial analysts will take place on Tuesday, August 8, 2023, at 11 a.m. Eastern Daylight Time.

Essential Declares 7% Dividend Increase

Retrieved on: 
Tuesday, August 1, 2023
Oil, Gas, Energy, Environment, Sustainability, Utilities, Essential, NYSE, WTRG, Essential Utilities, Holding company

The September 2023 dividend will represent a 7% increase compared to the $0.2870 cash dividend the company paid in June of this year.

Key Points: 
  • The September 2023 dividend will represent a 7% increase compared to the $0.2870 cash dividend the company paid in June of this year.
  • This marks the 33rd dividend increase in the past 32 years.
  • Following the increase, the annualized dividend rate will be $1.2284 per share.
  • “The Board’s decision to increase the quarterly dividend adds to our continued record of delivering shareholder value.

Essential Utilities’ Aqua Pennsylvania Subsidiary Acquires Shenandoah Water System

Retrieved on: 
Thursday, July 27, 2023
Energy, Natural Resources, Utilities, Other Natural Resources, Employment, Essential, Essential Utilities, Aqua, Municipality, NYSE, Acquisition, Water loss, WTRG, Water, Renewable energy, Sales, Public utility

Essential Utilities Inc. (NYSE: WTRG) today announced its Aqua Pennsylvania subsidiary completed the purchase of the Municipal Authority of the Borough of Shenandoah (MABS) water system for $12 million.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) today announced its Aqua Pennsylvania subsidiary completed the purchase of the Municipal Authority of the Borough of Shenandoah (MABS) water system for $12 million.
  • MABS serves approximately 3,000 customers in Schuylkill County, PA.
    “Our customers deserve a reliable system with consistently high water quality,” said James Rusin, MABS Chairman.
  • And we’re delighted to increase our commitment to Schuylkill County.”
    Parts of the Shenandoah system’s water infrastructure date back to the 1800s.
  • Shenandoah is the third acquisition completed by Essential’s regulated water segment in 2023, and the second system acquired by Aqua Pennsylvania.