Annonce • Apr 16
Essential Utilities, Inc. to Report Q1, 2026 Results on May 07, 2026 Essential Utilities, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 07, 2026 Annonce • Mar 18
Essential Utilities, Inc., Annual General Meeting, Apr 29, 2026 Essential Utilities, Inc., Annual General Meeting, Apr 29, 2026. Annonce • Feb 21
Essential Utilities, Inc. Declares Quarterly Cash Dividend, Payable June 2, 2025 Essential Utilities, Inc. declared quarterly cash dividend of $0.3255 per share, payable June 2, 2025, to all shareholders of record on May 13, 2025. The June 2025 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the June 2024 dividend payment of $0.3071 per share. Annonce • Dec 19
Essential Utilities, Inc. to Report Fiscal Year 2024 Results on Feb 26, 2025 Essential Utilities, Inc. announced that they will report fiscal year 2024 results After-Market on Feb 26, 2025 Annonce • Dec 12
Essential Utilities Declares Quarterly Cash Dividend, Payable on March 3, 2025 The board of directors of Essential Utilities, Inc. declared a quarterly cash dividend of $0.3255 per share, payable March 3, 2025, to all shareholders of record on February 10, 2025. The March 2025 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the March 2025 dividend payment of $0.3071 per share. Annonce • Oct 30
Essential Utilities Inc. Declares Quarterly Cash Dividend, Payable on December 2, 2024 The board of directors of Essential Utilities Inc. declared a quarterly cash dividend of $0.3255 per share, payable December 2, 2024, to all shareholders of record on November 12, 2024. The December 2024 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the December 2023 dividend payment of $0.3071 per share. Essential Utilities has paid consecutive quarterly cash dividends for 79 years. Annonce • Sep 12
Essential Utilities, Inc. Announces Resignation of Matthew R. Rhodes as Executive Vice President, Strategy and Corporate Development On September 6, 2024, Matthew R. Rhodes, notified Essential Utilities, Inc. of his resignation from his position as Executive Vice President, Strategy and Corporate Development, including any and all roles he plays in the parent company and any of its subsidiaries, to accept a position as the chief financial officer of Pattern Energy Group L.P. Annonce • Aug 21
Essential Utilities, Inc. Appoints Hayley Diminick Director of Investor Relations Essential Utilities Inc. announced the appointment Hayley Diminick will assume the role of director of investor relations. Diminick joins Essential with 10 years of experience, most recently serving as vice president of investor relations at Cloverlay, a Pennsylvania-based private equity firm. She previously held positions at FS Investments and Wells Fargo. Diminick holds a B.S. in Business Administration and Marketing from the University of Delaware. Annonce • Aug 14
Essential Utilities, Inc. has filed a Follow-on Equity Offering in the amount of $1 billion. Essential Utilities, Inc. has filed a Follow-on Equity Offering in the amount of $1 billion.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Annonce • Jul 31
Essential Utilities Inc. Declares Quarterly Cash Dividend, Payable on September 3, 2024 Essential Utilities Inc. declared a quarterly cash dividend of $0.3255 per share, payable September 3, 2024, to all shareholders of record on August 12, 2024. The September 2024 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the September 2023 dividend payment of $0.3071 per share. Essential Utilities has paid consecutive quarterly cash dividends for 79 years and has increased the dividend 34 times in the last 33 years. Annonce • Mar 26
Essential Utilities, Inc. to Report Q1, 2024 Results on May 02, 2024 Essential Utilities, Inc. announced that they will report Q1, 2024 results After-Market on May 02, 2024 Annonce • Mar 20
Essential Utilities, Inc., Annual General Meeting, May 01, 2024 Essential Utilities, Inc., Annual General Meeting, May 01, 2024, at 08:00 Eastern Standard Time. Agenda: To elect nine nominees for directors; to approve an advisory vote on the compensation paid to the Company’s named executive officers for 2023; to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the 2024 fiscal year; to ratify the Amendment to the Company’s Amended and Restated Bylaws’ nomination process to implement the universal proxy rules governing contested elections of directors; and to transact any other business as may properly come before the meeting or any adjournments or postponements thereof. Annonce • Feb 23
Essential Utilities, Inc. Provides Earnings Guidance for the Year 2024 Essential Utilities, Inc. provided earnings guidance for the year 2024. The company Initiating 2024 annual earnings per share guidance range of $1.96 to $2.00. Annonce • Feb 22
Essential Utilities Inc. Declares Quarterly Cash Dividend, Payable on June 1, 2024 The board of directors of Essential Utilities Inc. declared a quarterly cash dividend of $0.3071 per share, payable June 1, 2024, to all shareholders of record on May 10, 2024. Annonce • Feb 03
Essential Utilities, Inc. to Report Q4, 2023 Results on Feb 22, 2024 Essential Utilities, Inc. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024 Annonce • Jan 31
Cordia LLC acquired Three Microgrids And District Energy Systems In Allegheny, Pennsylvania of Essential Utilities, Inc. Cordia LLC signed a letter of intent to acquire Three Microgrids And District Energy Systems In Allegheny, Pennsylvania of Essential Utilities, Inc. for a transaction valued at $165 million on October 3, 2023. The transaction is subject to various closing conditions and regulatory approvals and is expected to close in late 2023 or early 2024. TD Securities (USA) LLC acted as financial advisor and Gibson, Dunn & Crutcher LLP acted as legal advisor to Essential. Essential will use the $165 million in transaction proceeds to finance its capital expenditures and water and wastewater acquisitions, in place of external funding from equity and debt issuances.
Cordia LLC completed the acquisition of Three Microgrids And District Energy Systems In Allegheny, Pennsylvania of Essential Utilities, Inc. on January 30, 2024. Annonce • Dec 12
Essential Utilities, Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2024 The board of directors of Essential Utilities Inc. declared a quarterly cash dividend of $0.3071 per share, payable March 1, 2024, to all shareholders of record on February 9, 2024. Annonce • Oct 28
Essential Utilities, Inc. Announces Election of Roderick K. West to Board of Directors Essential Utilities Inc. announced 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. His portfolio includes strategy development, operational and financial performance for all five of Entergy’s operating companies, which serve three million customers in Arkansas, Louisiana, Mississippi and Texas. He oversees the company’s electric and natural gas distribution, customer service operations, the utility’s engagement with state and local regulators, and regulated retail commercial development and innovation. West previously served as Entergy’s executive vice president and chief administrative officer from 2010-2017, where his responsibilities included the company’s legal, federal regulatory and governmental, communications, and corporate shared services functions supporting utility, nuclear and wholesale operations, as well as the development and execution of the company’s environmental strategy. 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. He is credited with leading the company’s ongoing effort to replace nearly 850 miles of underground pipe damaged after Hurricane Katrina, an effort recognized as the 2009 Global Infrastructure Project of the Year by Platts Global Energy Awards. West received his B.A. from the University of Notre Dame, and both his J.D. and MBA from Tulane University. He served on the board of directors for the Electric Power Research Institute and the Edison Electric Institute, and he is a Hesburgh Trustee for the University of Notre Dame. He’s also a member of the Executive Leadership Council, National Football Foundation, and previously served as president of the Allstate Sugar Bowl. West is a life member of Omega Psi Phi Fraternity, Inc., and Sigma Pi Phi (The Boulé). West’s appointment is effective immediately, with a term to expire at the next annual meeting of shareholders. Annonce • Oct 26
Essential Utilities Inc. Declares a Quarterly Cash Dividend, Payable December 1, 2023 The board of directors of Essential Utilities Inc. 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. Annonce • Oct 07
Essential Utilities, Inc. to Report Q3, 2023 Results on Nov 06, 2023 Essential Utilities, Inc. announced that they will report Q3, 2023 results After-Market on Nov 06, 2023 Annonce • Oct 05
Cordia LLC signed a letter of intent to acquire Three Microgrids And District Energy Systems In Allegheny, Pennsylvania of Essential Utilities, Inc. for a transaction valued at $165 million. Cordia LLC signed a letter of intent to acquire Three Microgrids And District Energy Systems In Allegheny, Pennsylvania of Essential Utilities, Inc. for a transaction valued at $165 million on October 3, 2023. The transaction is subject to various closing conditions and regulatory approvals and is expected to close in late 2023 or early 2024. TD Securities (USA) LLC acted as financial advisor and Gibson, Dunn & Crutcher LLP acted as legal advisor to Essential. Essential will use the $165 million in transaction proceeds to finance its capital expenditures and water and wastewater acquisitions, in place of external funding from equity and debt issuances. Annonce • Aug 02
Essential Utilities, Inc. Declares Quarterly Cash Dividend, Payable on September 1, 2023 The board of directors of Essential Utilities Inc. declared a quarterly cash dividend of $0.3071 per share, payable September 1, 2023, to all shareholders of record on August 11, 2023. The September 2023 dividend will represent a 7% increase compared to the $0.2870 cash dividend the company paid in June of this year. Annonce • Jul 14
Essential Utilities, Inc. to Report Q2, 2023 Results on Aug 07, 2023 Essential Utilities, Inc. announced that they will report Q2, 2023 results After-Market on Aug 07, 2023 Annonce • Jun 29
Essential Utilities, Inc. Announces Board Changes In accordance with Essential Utilities, Inc.’s (the “Company”) Corporate Governance Guidelines, which establishes age 75 as the normal retirement age for directors, on June 26, 2023, Ellen Ruff, a member of the Board of Directors since 2006, and on June 21, 2023, Lee Stewart, a member of the Board of Directors of the Company since 2018, submitted their respective resignations from the Board of Directors and Committees of the Board effective on their respective 75th birthday. In view of Ms. Ruff’s valuable service to the Board of Directors, including serving as Chair of the Company’s Risk Mitigation and Investment Policy Committee and member of the Company’s Executive Compensation Committee, and in order to facilitate a smooth transition of her responsibilities, the Board of Directors requested, and Ms. Ruff agreed, that she continue to serve as a member of the Board of Directors, Chair of the Risk Mitigation and Investment Policy Committee, and member of the Executive Compensation Committee until the Company’s 2024 Annual Meeting of Shareholders, which is the expiration of the term for which she was elected in 2023. Similarly, in view of Mr. Stewart’s valuable service to the Board of Directors, including serving as Chair of the Company’s Audit Committee and member of the Company’s Executive Compensation Committee, and in order to facilitate a smooth transition of his responsibilities, the Board of Directors requested, and Mr. Stewart agreed, that he continue to serve as a member of the Board of Directors, Chair of the Audit Committee, and member of the Executive Compensation Committee until the Company’s 2024 Annual Meeting of Shareholders, which is the expiration of the term for which he was elected in 2023. Annonce • May 10
Essential Utilities, Inc. Declares Quarterly Cash Dividend, Payable on June 1, 2023 Essential Utilities, Inc. as previously announced, on February 22, 2023, Essential’s board of directors declared a quarterly cash dividend of $0.2870 per share of common stock. This dividend will be payable on June 1, 2023, to shareholders of record on May 12, 2023. The company has paid a consecutive quarterly cash dividend for more than 78 years. Annonce • May 09
Essential Utilities, Inc. Provides Earnings Guidance for the Year 2023 and 2025 Essential Utilities, Inc. provided earnings guidance for the year 2023 and 2025. For the 2023, the company's net income per diluted common share will be $1.85 to $1.90.For the 2025, the company earnings per share will grow at a compounded annual growth rate of 5 to 7%, based off the company’s 2022 earnings per share of $1.77. Recent Insider Transactions • Mar 17
Chairman recently bought Mex$27m worth of stock On the 8th of March, Christopher Franklin bought around 37k shares on-market at roughly Mex$731 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months. Reported Earnings • Feb 28
Full year 2022 earnings released: EPS: US$1.77 (vs US$1.68 in FY 2021) Full year 2022 results: EPS: US$1.77 (up from US$1.68 in FY 2021). Revenue: US$2.29b (up 22% from FY 2021). Net income: US$465.2m (up 7.8% from FY 2021). Profit margin: 20% (down from 23% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Water Utilities industry in South America. Upcoming Dividend • Feb 02
Upcoming dividend of US$0.29 per share at 2.4% yield Eligible shareholders must have bought the stock before 09 February 2023. Payment date: 01 March 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Mexican dividend payers (5.9%). Lower than average of industry peers (2.9%). Annonce • Jan 04
Hope Gas, Inc. entered into an agreement to acquire Peoples Natural Gas from Essential Utilities (NYSE: WTRG). Hope Gas, Inc. entered into an agreement to acquire Peoples Natural Gas from Essential Utilities (NYSE: WTRG) on January 3, 2023. This transaction is subject to approval by the v and is expected to close by the middle of 2023. Annonce • Dec 08
Essential Utilities, Inc. Declares March 2023 Dividend, Payable on March 1, 2023 Essential Utilities, Inc. announced that the board of directors of the company declared a quarterly cash dividend of $0.2870 per share, payable March 1, 2023 to all shareholders of record on February 10, 2023. The March 2023 dividend payment of $0.2870 per share represents a $0.0188, or 7% increase over the March 2022 dividend payment of $0.2682 per share. Essential Utilities has paid consecutive quarterly cash dividends for 78 years and has increased the dividend 32 times in the last 31 years. Recent Insider Transactions • Dec 01
Independent Director recently sold Mex$7.9m worth of stock On the 28th of November, Ellen Ruff sold around 9k shares on-market at roughly Mex$926 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Annonce • Nov 09
Essential Utilities, Inc. Announces Appointment of Two Seasoned Executive Leaders Essential Utilities Inc. announced the appointment of two new members to the company’s executive leadership team: Jeanne Russo joins the company as vice president, communications, and Sumit Nair will assume the role of vice president and chief information officer. In her newly created role, Russo will oversee all internal and external communications across the enterprise. She joins Essential with more than 25 years of experience that spans diverse industries, including broadband infrastructure and services, hospitality and retail. Most recently she served as director of financial communications at Qurate Retail Group. Russo also held senior communications positions with Commscope, ARRIS, Google, Motorola and Comcast. A Philadelphia-area native, Russo received her B.A. in advertising and public relations from Duquesne University in Pittsburgh, as well as a business certificate in marketing. In his role, Nair will oversee 130 IT professionals and execute strategic and operational imperatives to drive Essential’s overall success. Nair previously served as the chief information officer for GeoBlue, a global insurance licensee of Blue Cross Blue Shield, overseeing all information technology functions including technical infrastructure, application development, project management office, information security and disaster recovery. Nair joins Essential as a seasoned global IT executive with nearly 30 years of experience, including positions at GeoBlue, De Lage Landen and Ikon. He holds a master of science in information systems from Penn State University and a bachelor of engineering in computer science and engineering from Bangalore University in India. He was recognized as a Corporate Finalist by the 2022 Philly CIO of the Year ORBIE Awards for his leadership and management at GeoBlue. Nair’s appointment fills the role previously held by former CIO Kellett, who was promoted to SVP in August. Kellett was also the winner of the 2022 Philly CIO of the Year Enterprise Award. Reported Earnings • Nov 09
Third quarter 2022 earnings released: EPS: US$0.26 (vs US$0.20 in 3Q 2021) Third quarter 2022 results: EPS: US$0.26 (up from US$0.20 in 3Q 2021). Revenue: US$434.6m (up 20% from 3Q 2021). Net income: US$68.6m (up 36% from 3Q 2021). Profit margin: 16% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Water Utilities industry in South America. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annonce • Nov 08
Essential Utilities, Inc. Reaffirms Earnings Guidance for the Full Year 2022 Essential Utilities, Inc. reaffirmed earnings guidance for the full year 2022. For the year, the company expects Net income per diluted common share of $1.75 to $1.80. Upcoming Dividend • Nov 02
Upcoming dividend of US$0.29 per share Eligible shareholders must have bought the stock before 09 November 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of Mexican dividend payers (6.4%). In line with average of industry peers (2.8%). Annonce • Nov 01
Essential Utilities, Inc. Announces Executive Changes On October 26, 2022, the Board of Directors elected W. Bryan Lewis to fill a vacancy and serve on the Board of Directors (the Board") of Essential Utilities, Inc. effective immediately. He was elected to a term that will expire at the next annual meeting of shareholders. Mr. Lewis has served as Chief Investment Officer of United States Steel Corporation. In this role, Mr. Lewis is responsible for U.S. Steel's global investments for both the defined contribution and defined benefit plans, as well as other related programs. Mr. Lewis reports to U.S. Steel's Senior Vice President and Chief Financial Officer and is a member of its executive management team. Prior to joining U.S. Steel, Mr. Lewis managed a $28.8 billion pension fund for the Pennsylvania State Employees' Retirement System for three years. Prior to that, he served as the Executive Director of the $20 billion State Universities Retirement System in Illinois, where he led fund administration and investment management, including managing risk and compliance for two defined benefit plans and one fined contribution plan serving 220,000 members. Mr. Lewis has been appointed to the Audit Committee and the Risk Mitigation and Investment Policy Committee ofthe Board. Annonce • Oct 27
Essential Utilities, Inc. Declares Quarterly Cash Dividend, Payable on December 1, 2022 The board of directors of Essential Utilities Inc. declared a quarterly cash dividend of $0.2870 per share, payable December 1, 2022 to all shareholders of record on November 11, 2022. Annonce • Oct 18
Essential Utilities, Inc. Announces Executive Changes, Effective December 1, 2022 On October 17, 2022, Essential Utilities, Inc. announced that Richard Fox, Executive Vice President and Chief Operating Officer, is retiring effective December 1, 2022. Also on October 17, 2022, the Board of Directors of the Company announced that it has approved an organizational structure that will become effective December 1, 2022. The new organization has Ms. Colleen Arnold, Vice President, Water Operations, and Mr. Michael Huwar, Vice President, Gas Operations, reporting directly to Christopher H. Franklin, President and Chief Executive Officer. The Company will enter into a change-in-control agreements with Ms. Arnold and Mr. Huwar substantially identical to the form of agreement entered into with other executive officers of the Company and filed with the Company’s SEC filings. Neither Ms. Arnold nor Mr. Huwar have any family relationships with any of the Company’s directors or executive officers. Neither Ms. Arnold nor Mr. Huwar have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Annonce • Oct 06
Essential Utilities, Inc. to Report Q3, 2022 Results on Nov 07, 2022 Essential Utilities, Inc. announced that they will report Q3, 2022 results Pre-Market on Nov 07, 2022 Annonce • Aug 19
Essential Utilities, Inc. Appoints Kimberly Joyce as Corporate Secretary Essential Utilities, Inc. announced that Vice President, Regulatory and Government Affairs Kimberly Joyce has added the role of corporate secretary to her responsibilities. As corporate secretary, Joyce adds critical responsibilities associated with the Essential board of directors, Securities & Exchange Commission filings, and the company’s legal entity structure. Prior to her current role, Joyce had similar regulatory and legislative responsibilities for the company, where she has worked for more than 15 years. An attorney, Joyce spent five years with the Pennsylvania Public Utility Commission (PUC) before joining the company. She previously clerked for Pennsylvania Commonwealth Court President Judge James Gardner Colins and worked for Baker & Botts, LLP in their Washington, D.C. energy and natural resources office. Joyce earned her B.A. in economics and M.B.A. at Villanova University and her J.D. at the University of Pittsburgh. Joyce serves on the board of the Economy League of Greater Philadelphia and leads the partnership with Villanova’s engineering school service learning initiatives. Annonce • Aug 11
Essential Utilities, Inc. Appoints Whitney Kellett to Head SIP Project and Assume Chief Administrative Officer Role in 2023 Essential Utilities, Inc. has appointed Vice President and Chief Information Officer Whitney Kellett to lead its $143 million service improvement project following the retirement of former Senior Vice President, Business Transformation Ruth DeLost-Wylie. The next phase of the project, which began in 2020, will continue under Kellett’s leadership. As part of its succession planning, the company also announced that Kellett will assume the role of chief administrative officer later in 2023. Kellett is a veteran IT executive who specializes in strategic planning and execution. She has held technology positions in a variety of industries including financial services, global transportation, manufacturing, clinical research, commercial real estate, insurance, private equity, energy and utilities. Prior to joining Essential Utilities in 2016, Kellett was Chief Information Officer at Atlas Energy, LLC, a publicly traded, E&P energy company. Kellett earned a B.A. in Economics from the University of Virginia and is currently pursuing an executive MBA at Villanova University. She serves on the Board of Trustees at The Woodlynde School and is a member of the Forum of Executive Women. She co-chaired Essential Utilities’ United Way campaigns in 2019 and 2020 as well as co-chaired a $10M capital campaign for St. David’s Episcopal Church in Wayne, PA. Kellett was a finalist in each of the last five years for Philadelphia CIO of the Year in the Large Enterprise category by the Philly CIO Leadership Association. Annonce • Aug 09
Essential Utilities Announces Promotion of Dave Kralle to Chief of Staff Essential Utilities announced the promotion of Dave Kralle to Chief of Staff to the Essential Chairman and CEO Christopher Franklin who created the role shortly after his appointment in 2015. As chief of staff, Kralle will play a key role, ensuring that the company’s vision and core values — including an increased emphasis on people —are fully integrated throughout the organization. He will assist the CEO with thorough preparation to expedite key decisions and increase the probability of holistic decision making. Kralle will use his skills to maintain strong communication with leaders across the enterprise. He will also serve as an extension of the CEO’s office, sensing potential issues and risks. Before joining Essential’s Aqua Pennsylvania subsidiary as the government affairs specialist in 2015, Kralle worked for the Pennsylvania House of Representatives in the Office of the Speaker, Philadelphia City Council and at a lobbying firm in Harrisburg. At Aqua, Kralle led the way on groundbreaking legislation that allows regulated utilities to pay the fair market value for water and wastewater systems as well as legislation permitting utilities to replace homeowners lead service lines and damaged sewer lateral. He was also successful in working with state appropriators to secure millions of dollars for PFAS treatment in Montgomery County. Kralle earned his Bachelor of Arts degree in political science from Temple University and his Master of Public Administration from the University of Pennsylvania. Annonce • Aug 05
Essential Utilities, Inc. Reaffirms Earnings Guidance for the Full Year of 2022 Essential Utilities, Inc. reaffirmed earnings guidance for the full year of 2022. For the year, the company expects net income per diluted common share to be between $1.75 to $1.80. Reported Earnings • Aug 04
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: US$448.8m (up 13% from 2Q 2021). Net income: US$82.3m (up 1.7% from 2Q 2021). Profit margin: 18% (down from 20% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.7%, compared to a 1.6% growth forecast for the industry in Mexico. Annonce • Aug 03
Essential Utilities Inc. Declares Quarterly Cash Dividend, Payable September 1, 2022 The board of directors of Essential Utilities Inc. declared a quarterly cash dividend of $0.2870 per share, payable September 1, 2022 to all shareholders of record on August 12, 2022. The September 2022 dividend will represent a 7% increase compared to the $0.2682 cash dividend the company paid in June of this year. Following the increase, the annualized dividend rate will be $1.1480 per share. The company’s targeted dividend payout ratio continues to be 60 to 65% of net income. Annonce • Jun 14
Essential Utilities, Inc. to Report Q2, 2022 Results on Aug 03, 2022 Essential Utilities, Inc. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022 Reported Earnings • May 10
First quarter 2022 earnings released: EPS: US$0.76 (vs US$0.72 in 1Q 2021) First quarter 2022 results: EPS: US$0.76 (up from US$0.72 in 1Q 2021). Revenue: US$699.3m (up 20% from 1Q 2021). Net income: US$199.4m (up 8.5% from 1Q 2021). Profit margin: 28% (down from 32% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.5% compared to a 5.7% decline forecast for the industry in Mexico. Annonce • May 10
Essential Utilities, Inc. Reaffirms Earnings Guidance for the Full Year of 2022 Essential Utilities, Inc. reaffirmed earnings guidance for the full year of 2022. For the year, the company expects net income per diluted common share to be between $1.75 to $1.80. Upcoming Dividend • May 05
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 62% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Mexican dividend payers (5.9%). Lower than average of industry peers (3.6%). Annonce • Apr 02
Essential Utilities, Inc. to Report Q1, 2022 Results on May 09, 2022 Essential Utilities, Inc. announced that they will report Q1, 2022 results Pre-Market on May 09, 2022 Annonce • Mar 23
Essential Utilities, Inc., Annual General Meeting, May 04, 2022 Essential Utilities, Inc., Annual General Meeting, May 04, 2022, at 08:00 US Eastern Standard Time. Agenda: To consider and elect eight nominees for directors; to consider and approve an advisory vote on the compensation paid to the Company’s named executive officers for 2021; to consider and ratify an amendment to the Company’s Amended and Restated Bylaws (the Bylaws) to require disclosure of derivative securities holdings when a shareholder makes a nomination for a director or presents a proposal to be considered by shareholders at an annual meeting of shareholders; and to consider and transact any other business as may properly come before the meeting or any adjournments or postponements thereof. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.68 (up from US$1.14 in FY 2020). Revenue: US$1.88b (up 28% from FY 2020). Net income: US$431.6m (up 52% from FY 2020). Profit margin: 23% (up from 20% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.9%, compared to a 1.4% growth forecast for the industry in Mexico. Annonce • Feb 01
Essential Utilities, Inc. Declares March 2022 Dividend, Payable on March 1, 2022 The board of directors of Essential Utilities Inc. declared a quarterly cash dividend of $0.2682 per share, payable March 1, 2022 to all shareholders of record on February 11, 2022. Recent Insider Transactions • Dec 14
Senior VP recently sold Mex$2.1m worth of stock On the 8th of December, Robert Rubin sold around 2k shares on-market at roughly Mex$1,067 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$7.8m more than they bought in the last 12 months. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS US$0.20 (vs US$0.22 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$361.9m (up 3.8% from 3Q 2020). Net income: US$50.5m (down 9.4% from 3Q 2020). Profit margin: 14% (down from 16% in 3Q 2020). The decrease in margin was driven by higher expenses. Upcoming Dividend • Nov 03
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 10 November 2021. Payment date: 01 December 2021. Trailing yield: 2.3%. Lower than top quartile of Mexican dividend payers (5.3%). Lower than average of industry peers (3.4%). Recent Insider Transactions • Sep 02
Executive VP & CFO recently sold Mex$2.0m worth of stock On the 30th of August, Daniel Schuller sold around 2k shares on-market at roughly Mex$1,007 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$2.1m. This was Daniel's only on-market trade for the last 12 months. Annonce • Aug 05
Essential Utilities, Inc. Provides Earnings Guidance for the Year 2021 Essential Utilities, Inc. provided earnings guidance for the year 2021. For the period, the company' expect Net income per diluted common share of $1.64 to $1.69. Upcoming Dividend • Aug 05
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 12 August 2021. Payment date: 01 September 2021. Trailing yield: 2.2%. Lower than top quartile of Mexican dividend payers (5.1%). Lower than average of industry peers (3.5%). Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS US$0.32 (vs US$0.29 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: US$397.0m (up 3.3% from 2Q 2020). Net income: US$80.9m (up 8.4% from 2Q 2020). Profit margin: 20% (in line with 2Q 2020). Recent Insider Transactions • Jun 24
Senior VP recently sold Mex$2.1m worth of stock On the 21st of June, Robert Rubin sold around 2k shares on-market at roughly Mex$969 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$66m more than they bought in the last 12 months. Recent Insider Transactions • Jun 02
Senior VP recently sold Mex$335k worth of stock On the 27th of May, Robert Rubin sold around 349 shares on-market at roughly Mex$959 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$64m more than they bought in the last 12 months. Annonce • May 07
Essential Utilities, Inc. (NYSE:WTRG) signed an asset purchase agreement to acquire Municipal water system in Illinois for $12.5 million. Essential Utilities, Inc. (NYSE:WTRG) signed an asset purchase agreement to acquire Municipal water system in Illinois for $12.5 million in April 2021. Reported Earnings • May 06
First quarter 2021 earnings released: EPS US$0.72 (vs US$0.22 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$583.6m (up 128% from 1Q 2020). Net income: US$183.7m (up 255% from 1Q 2020). Profit margin: 32% (up from 20% in 1Q 2020). The increase in margin was driven by higher revenue. Annonce • May 06
Essential Utilities, Inc. Reaffirms Earnings Guidance for 2021 Essential Utilities, Inc. reaffirmed earnings guidance for the year 2021. For the year, the company expects net income per diluted common share of $1.64 to $1.69. Upcoming Dividend • May 06
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 13 May 2021. Payment date: 01 June 2021. Trailing yield: 2.2%. Lower than top quartile of Mexican dividend payers (5.0%). Lower than average of industry peers (3.1%). Is New 90 Day High Low • Mar 02
New 90-day low: Mex$881 The company is down 6.0% from its price of Mex$937 on 01 December 2020. The Mexican market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Mex$238 per share. Analyst Estimate Surprise Post Earnings • Feb 26
Revenue misses expectations Revenue missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 36% while theWater Utilities industry in Mexico is not expected to grow. Reported Earnings • Feb 26
Full year 2020 earnings released: EPS US$1.14 (vs US$1.04 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: US$1.46b (up 64% from FY 2019). Net income: US$284.8m (up 27% from FY 2019). Profit margin: 20% (down from 25% in FY 2019). The decrease in margin was driven by higher expenses. Upcoming Dividend • Feb 04
Upcoming Dividend of US$0.25 Per Share Will be paid on the 1st of March to those who are registered shareholders by the 11th of February. The trailing yield of 2.1% is below the top quartile of Mexican dividend payers (5.0%), and is lower than industry peers (4.1%). Annonce • Jan 23
Essential Utilities, Inc. to Report Q4, 2020 Results on Feb 24, 2021 Essential Utilities, Inc. announced that they will report Q4, 2020 results After-Market on Feb 24, 2021 Recent Insider Transactions • Dec 30
Senior VP & Chief Accounting Officer recently sold Mex$1.2m worth of stock On the 23rd of December, Robert Rubin sold around 1k shares on-market at roughly Mex$924 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$32m. Insiders have been net sellers, collectively disposing of Mex$72m more than they bought in the last 12 months. Is New 90 Day High Low • Dec 15
New 90-day high: Mex$957 The company is up 15% from its price of Mex$830 on 16 September 2020. The Mexican market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Mex$225 per share. Annonce • Dec 13
XL Fleet Launches Pilot Program with Essential Utilities, Inc. to Electrify its Utility Fleet XL Fleet announced that Essential Utilities, Inc. is launching a pilot program to electrify its two most popular commercial GM vehicle platforms with the XLH hybrid electric drive system. The initial pilot will include installing an XL Fleet hybrid system onto a GMC Sierra 2500 HD pickup truck and GMC Savanna Express van, two of Essential’s most widely deployed vehicles in its water and natural gas divisions for applications including Customer Service, Field Service, and Distribution. Essential, headquartered in Bryn Mawr, PA, deploys a fleet of approximately 2,500 of these vehicles across 10 states. If the pilot is successful on the first two platforms, Essential plans on electrifying a larger percentage of its fleet with XL Fleet’s hybrid and plug-in hybrid electric drive systems beginning in 2021. Annonce • Dec 11
Essential Utilities Inc. Appoints Erin O’Donnell as the Communications Director Responsible for External and Internal Communications Essential Utilities Inc. announced the appointment of Erin O’Donnell as the communications director responsible for external and internal communications for the company. She will oversee all communications activities for Aqua and Peoples. O’Donnell brings more than 18 years of utility related communications experience to Essential. She started her career with Dollar Energy Fund as a trainer for the Pennsylvania Public Utility Commission’s Energy Choice program. She has worked for Peoples, the natural gas division of Essential Utilities, for 10 years. Most recently, she served as the interim communications director of Essential Utilities and the manager of communications and community relations at Peoples. O’Donnell will report to Brian Dingerdissen, vice president, chief of staff, investor relations and communications for Essential. Annonce • Nov 25
Essential Utilities, Inc. Appoints Christopher Franklin to the Allegheny Conference on Community Development’s Board of Directors Essential Utilities Inc. announced Christopher Franklin, chairman and CEO of Essential Utilities, has been appointed to the Allegheny Conference on Community Development’s Board of Directors. Recent Insider Transactions • Nov 14
Chairman recently sold Mex$32m worth of stock On the 9th of November, Christopher Franklin sold around 34k shares on-market at roughly Mex$930 per share. This was the largest sale by an insider in the last 3 months. Christopher has been a seller over the last 12 months, reducing personal holdings by Mex$54m. Analyst Estimate Surprise Post Earnings • Nov 04
Revenue misses expectations Revenue missed analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 46% compared to a 2.6% decline forecast for the Water Utilities industry in Mexico. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS US$0.22 The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: US$348.6m (up 43% from 3Q 2019). Net income: US$55.7m (down 37% from 3Q 2019). Profit margin: 16% (down from 36% in 3Q 2019). The decrease in margin was driven by higher expenses. Annonce • Oct 01
Essential Utilities, Inc. to Report Q3, 2020 Results on Nov 03, 2020 Essential Utilities, Inc. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 03, 2020 
