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Middlesex Water Co. - MSEX STOCK NEWS

Welcome to our dedicated news page for Middlesex Water Co. (Ticker: MSEX), a resource for investors and traders seeking the latest updates and insights on Middlesex Water Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Middlesex Water Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Middlesex Water Co.'s position in the market.

Rhea-AI Summary
Tidewater Utilities, a subsidiary of Middlesex Water Company, announces compliance strategy with new EPA PFAS regulations, setting a new national requirement for regulating six PFAS compounds in drinking water supply with a Maximum Contaminant Level of 4 ppt for PFOS and PFOA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.27%
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Rhea-AI Summary
Middlesex Water Company (MSEX) is well-prepared to comply with new EPA regulations on PFAS in drinking water, positioning itself as a leader in safe water services. The company's proactive approach and technical expertise in treating PFAS indicate a strong commitment to meeting stringent regulatory standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.86%
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Rhea-AI Summary
Middlesex Water Company's Vice President, General Counsel, and Secretary, Jay L. Kooper, has been named a Leader in Law 2024 honoree by NJBIZ. The award recognizes legal professionals for their outstanding dedication. Mr. Kooper, with over 25 years of experience, is praised for his expertise in regulatory proceedings, corporate governance, and environmental matters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
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none
Rhea-AI Summary
Middlesex Water Company (MSEX) reported financial results for 2023, with operating revenues increasing to $166.3 million. Factors affecting revenues included rate increases and additional revenues. Operating expenses also rose, impacting net income which decreased to $31.5 million. The company's CEO highlighted investments in infrastructure, regulatory compliance, and dividend increases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
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Rhea-AI Summary
Middlesex Water Company (MSEX) declared a cash dividend of $0.325 per share on its common stock, payable on March 1, 2024, to shareholders of record as of February 15, 2024. The company has a long history of paying dividends since 1912 and provides water and wastewater utility services in New Jersey and Delaware.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.02%
Tags
dividends
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Rhea-AI Summary
Middlesex Water Company (MSEX) appoints Nadine Leslie as the new President & CEO, effective March 1, 2024. Ms. Leslie previously served as the Chief Executive Officer of SUEZ North America, overseeing one of North America’s leading environmental companies with revenues over $1.1 billion. She brings over 25 years of industry experience in operations, management, compliance, client relations, and due diligence. Dennis W. Doll will retire from the Company on February 29, 2024, and will remain Chairman of the Middlesex Board of Directors until May 21, 2024. Nadine Leslie will also be appointed to the Board of Directors effective March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.01%
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News
Rhea-AI Summary
Tidewater Utilities, Inc. (Tidewater), a subsidiary of Middlesex Water Company (NASDAQ: MSEX), has promoted John W. Eckeard to Senior Director – Distribution, effective December 15, 2023. Tidewater provides water services to approximately 59,000 retail customers in over 460 communities in Delaware. Mr. Eckeard's promotion reflects his 23 years of experience and his expanded role in managing Tidewater's water distribution system.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.06%
Tags
management
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Rhea-AI Summary
Middlesex Water Company (NASDAQ: MSEX) Wins Best Compliance and Ethics Program at 16th Annual Corporate Governance Awards
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
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Rhea-AI Summary
Middlesex Water Company (NASDAQ:MSEX) announced third quarter financial results, with revenues decreasing to $46.7 million. Operations and maintenance expenses increased, leading to a decrease in net income and diluted earnings per share. Year to date revenues were $127.7 million, with a decrease in net income compared to the same period in 2022. The Board declared a 4.0% increased quarterly cash dividend of $0.325 per common share payable on December 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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Rhea-AI Summary
Middlesex Water Company has appointed Bruce E. Patrick as the President of Tidewater Utilities, Inc., a subsidiary of Middlesex Water. Tidewater provides water services to approximately 59,000 customers in Delaware. Mr. Patrick, who previously served as Executive Vice President, will assume his new role on December 1, 2023. He will oversee all operations of Tidewater and its affiliated companies and manage key external relationships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.31%
Tags
management
Middlesex Water Co.

Nasdaq:MSEX

MSEX Rankings

MSEX Stock Data

838.48M
17.48M
1.68%
74.99%
2.5%
Water Supply and Irrigation Systems
Utilities
Link
United States
Iselin

About MSEX

middlesex water company (nasdaq:msex) provides a full range of regulated and non-regulated water, wastewater utility and related services in parts of new jersey, delaware and pennsylvania. middlesex water engages in collecting, treating, distributing and selling water for domestic, commercial, municipal, industrial and fire protection purposes. through its comprehensive suite of services including its latest offering -- turnkey renewable energy services, the middlesex water family of companies provide customers, small system owners, developers and municipalities with practical water and wastewater solutions that enhance quality of life and serve as the framework for economic development.