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Essential Utilities Reports Financial Results for Q2 2023

Retrieved on: 
Monday, August 7, 2023

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 Utilities Reports Financial Results for Q1 2023

Retrieved on: 
Monday, May 8, 2023

Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2023.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2023.
  • Essential reported net income of $191.4 million and earnings per share of $0.72 for the first quarter of 2023.
  • This dividend will be payable on June 1, 2023, to shareholders of record on May 12, 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, May 9, 2023, at 11 a.m. Eastern Daylight Time.

Essential Utilities Reports Record Financial Results for 2022

Retrieved on: 
Monday, February 27, 2023

Essential Utilities Inc. (NYSE: WTRG) today reported results for the fourth quarter and year ended Dec. 31, 2022.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) today reported results for the fourth quarter and year ended Dec. 31, 2022.
  • “We are also proud of our strong 2022 financial results, rate base and customer growth, and continued progress on our ESG commitments.
  • In 2022, Essential invested a record amount of over $1.06 billion to improve its regulated water and natural gas infrastructure systems and to enhance customer service across its operations.
  • Essential Utilities does not guarantee future results of any kind.

Essential Utilities Reaffirms 2022 Guidance, Announces 2023 and Long-term Guidance and Plans to Report Earnings for Full-year 2022

Retrieved on: 
Wednesday, January 11, 2023

Essential Utilities Inc. (NYSE: WTRG) today announces earnings guidance, 3-year rate base guidance, 3-year infrastructure investment plans, and reaffirmation of ESG commitments.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) today announces earnings guidance, 3-year rate base guidance, 3-year infrastructure investment plans, and reaffirmation of ESG commitments.
  • Excluding the divestiture of West Virginia, the regulated natural gas customer base of the business will be stable for 2023.
  • The company reaffirms 2022 net income per diluted common share guidance of $1.75 to 1.80.
  • Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter and year ended Dec. 31, 2022 on Feb. 27, 2023.

Essential Utilities Reports Financial Results For Q3 2022

Retrieved on: 
Monday, November 7, 2022

Essential Utilities Inc. (NYSE: WTRG), today reported results for the third quarter ended Sept. 30, 2022.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG), today reported results for the third quarter ended Sept. 30, 2022.
  • We are pleased to have delivered solid financial results for the third quarter of the year, said Essential Chairman and Chief Executive Officer Christopher Franklin.
  • Essential reported net income of $68.6 million for the third quarter of 2022, compared to $50.5 million reported for the same quarter in 2021.
  • This dividend will be payable on Dec. 1, 2022 to shareholders of record on Nov. 11, 2022.

Essential Utilities Reports Financial Results for Q2 2022

Retrieved on: 
Wednesday, August 3, 2022

Essential Utilities Inc. (NYSE: WTRG), today reported results for the second quarter ended June 30, 2022.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG), today reported results for the second quarter ended June 30, 2022.
  • Essential reported net income of $82.3 million for the second quarter of 2022, compared to $80.9 million reported for the same quarter in 2021.
  • Operations and maintenance expenses increased to $135.0 million for the second quarter of 2022 compared to $127.5 million in the second quarter of 2021.
  • This dividend will be payable on Sept. 1, 2022 to shareholders of record on Aug. 12, 2022.

Essential Utilities Reports Financial Results for Q1 2022

Retrieved on: 
Monday, May 9, 2022

Essential Utilities Inc. (NYSE: WTRG), today reported results for the first quarter ended March 31, 2022.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG), today reported results for the first quarter ended March 31, 2022.
  • Essential reported net income of $199.4 million for the first quarter of 2022, compared to $183.7 million reported for the same quarter in 2021.
  • Operations and maintenance expenses increased to $142.6 million for the first quarter of 2022 compared to $125.1 million in the first quarter of 2021.
  • This dividend will be payable on June 1, 2022 to shareholders of record on May 13, 2022.

Essential Utilities Reports Record Financial Results For 2021

Retrieved on: 
Wednesday, February 23, 2022

Essential Utilities Inc. (NYSE: WTRG), today reported results for the fourth quarter and year ended Dec. 31, 2021.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG), today reported results for the fourth quarter and year ended Dec. 31, 2021.
  • 2021 was our first full year as Essential Utilities, during which we continued to build on our 135-plus-year legacy.
  • Results for 2021 include the full year of operating results of Peoples, which comprises the companys regulated natural gas segment.
  • I am pleased with our 2021 financial results, which were aligned with our stated long-term earnings growth target of 5 to 7%, said Franklin.

Essential Utilities to Report Earnings for Q4 and Full-Year 2021 and Announces Long-Term 2022 Guidance Outlook

Retrieved on: 
Thursday, February 3, 2022

Essential Utilities Inc. (NYSE: WTRG) today announces guidance, including earnings expectations, 3-year infrastructure investment plans, and reaffirmation of companys ESG commitments.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) today announces guidance, including earnings expectations, 3-year infrastructure investment plans, and reaffirmation of companys ESG commitments.
  • In 2021, Essential acquired two water and wastewater systems and added approximately $36.3 million in rate base and approximately 7,500 new customers to the companys footprint.
  • The company expects to report earnings for the quarter and year ended Dec. 31, 2021, following market close on Feb. 23, 2022.
  • Essential Utilities Inc. (NYSE: WTRG) expects to report earnings for the quarter ended Dec. 31, 2021, and the full year 2021 following market close on Feb. 23, 2022.

Essential Utilities Reports Financial Results for Q3 2021

Retrieved on: 
Monday, November 1, 2021

Essential Utilities Inc. (NYSE: WTRG) (Essential), today reported results for the third quarter ended Sept. 30, 2021.

Key Points: 
  • Essential Utilities Inc. (NYSE: WTRG) (Essential), today reported results for the third quarter ended Sept. 30, 2021.
  • Essential reported net income of $50.5 million for the third quarter of 2021, compared to $55.7 million reported for the same quarter in 2020.
  • For the fiscal year 2020, the results of Peoples have been included in our consolidated financial statements as of the closing date.
  • Results for the first nine months of 2021 include the full nine months of operating results of Peoples, which comprises the companys regulated natural gas segment.