Essential Utilities

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 Urges You to Spring Into Safety This Season

Retrieved on: 
Wednesday, April 3, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240401091871/en/
    A Peoples Natural Gas utility worker provides direction during road excavation.
  • April is Safe Digging Month, when Peoples reminds its customers to call 811 before all digging activity to best prevent striking underground utility infrastructure.
  • “Calling 811 before digging begins is essential to keep our communities safe,” said Lynda Petrichevich, Peoples Senior Director of Process Operations.
  • We urge all Pennsylvanians to take the extra step for safety and call 811 before you dig.”
    The Pennsylvania 811 call system is free to homeowners.

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.

Essential Utilities Recognized on Newsweek’s Most Responsible Companies List for Third Consecutive Year

Retrieved on: 
Friday, January 5, 2024

Essential Utilities today announced that it has been named to Newsweek’s list of America’s Most Responsible Companies 2024 .

Key Points: 
  • Essential Utilities today announced that it has been named to Newsweek’s list of America’s Most Responsible Companies 2024 .
  • This marks the third consecutive year that Essential has been recognized on the prestigious list, which celebrates public companies that have demonstrated meaningful and impactful environmental, social and corporate governance (ESG) business practices.
  • “Our mission is to provide clean, safe, reliable water and natural gas service and to manage wastewater treatment in an environmentally responsible manner,” said Essential Chairman and CEO Christopher Franklin.
  • “Our role as stewards of the environment requires a core focus on operational excellence – and we take it we take very seriously.

Penetron Technology Helps Eliminate PFAS Chemicals in New Pennsylvania Treatment Facility

Retrieved on: 
Saturday, December 30, 2023

EAST SETAUKET, N.Y., Dec. 30, 2023 /PRNewswire-PRWeb/ -- The December 2023 commissioning of the Aqua Pennsylvania advanced PFAS treatment facility in Hatboro, Pennsylvania, protects customers from long-term exposure to unwanted chemicals. PENETRON ADMIX SB, a non-toxic crystalline waterproofing admixture, was used to waterproof and protect the facility's concrete tanks from constant exposure to water.

Key Points: 
  • The December 2023 commissioning of the Aqua Pennsylvania advanced PFAS treatment facility in Hatboro, Pennsylvania, protects customers from long-term exposure to unwanted chemicals.
  • EAST SETAUKET, N.Y., Dec. 30, 2023 /PRNewswire-PRWeb/ -- The December 2023 commissioning of the Aqua Pennsylvania advanced PFAS treatment facility in Hatboro, Pennsylvania, protects customers from long-term exposure to unwanted chemicals.
  • Combining Aqua's water treatment from two wells in a new PFAS treatment facility not only provides safer drinking water, but also improves operational efficiencies.
  • "Combining Aqua's water treatment from two wells in a new PFAS treatment facility not only provides safer drinking water, but also improves operational efficiencies," says Christopher Chen.

Essential Utilities’ Aqua Pennsylvania Donates $20,000 to Chester County Food Bank as a Part of Its Fall for Food Banks Initiative

Retrieved on: 
Wednesday, December 20, 2023

Essential Utilities today announced that its Essential Foundation made a $20,000 donation to the Chester County Food Bank as a part of the company’s Fall for Food Banks initiative.

Key Points: 
  • Essential Utilities today announced that its Essential Foundation made a $20,000 donation to the Chester County Food Bank as a part of the company’s Fall for Food Banks initiative.
  • Essential’s annual Fall for Food Banks program, which distributed over $300,000 in charitable gifts this year, aims to help fight hunger and raise awareness for food insecurity in the communities it serves.
  • Each fall, employees from across the Essential, Aqua and Peoples nine-state footprint partner with local food banks through charitable donations, food collections and volunteer events.
  • We are proud to support the Chester County Food Bank with a donation that will directly support the organization’s innovative approaches for meeting this critical need locally.”
    The Chester County Food Bank serves over 40,000 people and distributes more than 3.5 million pounds of food each year.