Welcome to our dedicated page for Essential Utilities news (Ticker: $WTRG), a resource for investors and traders seeking the latest updates and insights on Essential Utilities stock.
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 Essential Utilities'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 Essential Utilities's position in the market.
Aqua Texas has initiated a $4 million water main replacement project in Hays County, benefiting the Woodcreek North community, to improve water infrastructure and conserve water. The project aims to replace 5,000 feet of aging water mains initially, with a total of over 25,000 feet planned to be replaced. Residents may experience traffic disruptions, but the investment will enhance water service reliability and quality.
Essential Utilities Inc. (NYSE: WTRG) reported a strong first quarter of 2024 with earnings per share of $0.97 compared to $0.72 in Q1 2023. The company closed the sale of non-core energy projects, resulting in a net income of $265.8 million. Despite lower revenues, driven by warm weather impacting residential gas volumes, Essential remains focused on delivering solid results for the year.
Essential Utilities Inc. (NYSE: WTRG) welcomes Christopher Bruner and Tamara Linde to its board of directors. Bruner, an Assurance Partner at Ernst & Young, brings 36 years of experience and will chair the audit committee. Linde, the Executive Vice President and General Counsel at Public Service Enterprise Group, has over 30 years of experience in the energy industry. Both have impressive backgrounds and will contribute significantly to Essential Utilities' governance.
