Welcome to our dedicated page for Middlesex Watr news (Ticker: MSEX), a resource for investors and traders seeking the latest updates and insights on Middlesex Watr stock.
Middlesex Water Co (NASDAQ: MSEX) delivers essential water and wastewater services to communities across New Jersey, Delaware, and Pennsylvania. This dedicated news hub provides investors and stakeholders with timely updates on regulatory developments, infrastructure projects, and operational milestones.
Access consolidated coverage of earnings announcements, service area expansions, and environmental compliance initiatives. Our repository includes press releases detailing PFAS treatment advancements, renewable energy integrations, and critical infrastructure upgrades like lead service line replacements.
Key updates feature the company’s dual focus on regulated utility operations and contract services for private systems. Stay informed about water quality initiatives, rate case proceedings, and community partnership programs that underscore MSEX’s role in public health protection.
Bookmark this page for direct access to primary source materials and analysis-free reporting. Check regularly for new developments in water utility management, strategic investments, and regulatory responses shaping the Northeast’s essential services landscape.
Middlesex Water Company (NASDAQ:MSEX) reported Q2 2025 financial results with diluted EPS of $0.60, up from $0.59 in Q2 2024. Operating revenues increased to $49.3 million, while net income reached $10.8 million.
Key highlights include: $51 million invested in infrastructure during H1 2025 (55% of 2025 capital budget), approval of Delaware rate case with $5.5 million annual revenue increase, and filing of New Jersey rate case seeking $24.9 million revenue increase. The company declared a quarterly dividend of $0.34 per share, marking 52 consecutive years of dividend increases.
Year-to-date net income decreased to $20.3 million from $21.3 million, with diluted EPS of $1.13, primarily due to one-time recovery effects and weather-related consumption decline.
Middlesex Water Company (NASDAQ:MSEX) has announced a quarterly cash dividend of $0.34 per share on its common stock. The dividend will be paid on September 2, 2025, to shareholders who are on record as of August 15, 2025.
Middlesex Water Company (NASDAQ:MSEX) has announced it will release its second quarter 2025 financial results on July 31, 2025, after the market closes. Investors will be able to access both the earnings press release and Form 10-Q through the Investors section of the company's website.
Middlesex Water Company (NASDAQ: MSEX) has filed a petition with the New Jersey Board of Public Utilities (NJBPU) requesting new rates based on approximately $100 million in infrastructure investments. The rate adjustment aims to support various infrastructure improvements and modernization initiatives.
The company is seeking a total annual revenue increase of $24.9 million. If approved, the average residential customer using 15,000 gallons of water per quarter would experience an increase of $14.13 per month ($0.47 per day) in their water bill.
Key infrastructure improvements include storm surge mitigation, updating corrosion inhibitors and chlorination systems, implementing cloud services for improved data management, replacing 12 miles of cast iron water mains, upgrading fire hydrants, and advancing the "Knocking Out Lead" initiative to eliminate lead and galvanized steel service lines by 2031.
Middlesex Water Company (NASDAQ:MSEX) has announced key leadership changes to its Board of Directors. Nadine Leslie, the company's current President and CEO, has been appointed as Chair of the Board, succeeding Dennis W. Doll who retired after a 20-year tenure. Additionally, Amy Mansue has been named Lead Independent Director to enhance governance oversight.
Leslie, who joined as President and CEO in March 2024, brings over 30 years of utility industry experience, including her previous role as CEO of SUEZ North America. Mansue, who has served on the MWC Board since 2010, is currently the President and CEO of Inspira Health and has demonstrated strong commitment to shareholder value.
Middlesex Water Company (NASDAQ: MSEX) reported first quarter 2025 financial results with diluted EPS of $0.53, down from $0.59 in Q1 2024. Net income was $9.5 million, compared to $10.7 million in the previous year. Operating revenue increased to $44.3 million, up $3.8 million year-over-year, driven by rate increases, higher consumption, and customer growth.
The company completed the acquisition of Ocean View water utility assets in Delaware for $4.6 million, adding approximately 900 customers. Middlesex invested $19 million in infrastructure improvements during Q1 2025 and plans to invest $93 million throughout 2025. The Board declared a quarterly dividend of $0.34 per share, marking 52 consecutive years of dividend increases.
Middlesex Water Company (NASDAQ: MSEX) has announced a quarterly cash dividend declaration. The Board of Directors has approved a dividend of $0.34 per share on its common stock. The dividend will be paid on June 2, 2025, to shareholders who are recorded as stockholders as of May 15, 2025.
Middlesex Water Company (NASDAQ: MSEX) has announced it will release its first quarter 2025 financial results on May 1, 2025, after market close. The earnings report and Form 10-Q will be accessible through the Investors section of the company's website.
Middlesex Water Company (NASDAQ: MSEX) announced that its subsidiary, Tidewater Utilities (TUI), has completed the acquisition of Ocean View water system assets in Sussex County, Delaware for $4.6 million. The acquisition includes a water system serving approximately 900 customers, who have been receiving water supply from TUI since 2008.
TUI has been managing water distribution, meter reading, customer billing, and operational services through its subsidiary, White Marsh Environmental Systems. The Delaware Public Service Commission approved the acquisition on February 19, 2025. The deal ensures rate equity for Ocean View residents, as TUI will maintain existing water rates during the transition period.
Middlesex Water Company (NASDAQ: MSEX) reported strong financial results for 2024, with net income reaching $44.4 million and diluted EPS of $2.47, up from $31.5 million and $1.76 EPS in 2023. Revenues increased to $191.9 million, a $25.6 million rise from 2023.
The company invested $75 million in infrastructure improvements during 2024 and plans to invest $387 million from 2025 through 2027, including $105 million for PFAS treatment installation. Key growth drivers included base rate increases, weather-driven customer demand, and operational improvements across all utility systems.
The company announced the acquisition of Ocean View water utility assets in Delaware for $4.6 million, adding approximately 900 customers. Additionally, Middlesex declared a quarterly dividend of $0.34 per share, marking its 52nd consecutive year of dividend increases.
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