Essential Utilities Inc Stock Price, News & Analysis

Essential Utilities (NYSE:WTRG) announced that its subsidiary Aqua Pennsylvania has completed the $37.75 million acquisition of the City of Beaver Falls wastewater system in Beaver County, PA. The system serves 3,200 direct customers and provides bulk services to approximately 3,800 EDUs across seven nearby municipalities.

Aqua Pennsylvania plans to invest $10 million in infrastructure improvements over the next decade, focusing on sewer collection system repairs, treatment plant upgrades, and pump station enhancements. Customer base rates will remain unchanged initially, with future changes subject to PUC approval. This marks Essential Utilities' sixth water and wastewater acquisition in 18 months, adding 6,700 customers or 12,420 EDUs.

[ "Acquisition adds 3,200 direct customers and 3,800 EDUs from seven municipalities", "Planned $10 million infrastructure investment over next decade", "No immediate rate changes for customers", "Demonstrates successful growth strategy with 6 acquisitions in 18 months", "Access to customer assistance programs for low-income residents" ]

Essential Utilities (NYSE:WTRG) showcased its gas subsidiary Peoples Natural Gas at the inaugural Pennsylvania Energy & Innovation Summit, highlighting its role in supporting the state's $92 billion energy investment initiative. The company demonstrated its hydrogen production pilot with H Quest and the University of Pittsburgh's Swanson School of Engineering.

Key developments include collaboration with Peoples Energy Analytics for customer assistance programs and support for a new $135 million Infrastructure Academy Regional Training Facility. Essential Utilities has invested $5.4 billion in infrastructure modernization since 2020, replacing over 800 miles of aged gas pipelines, with plans to replace 3,000 miles by 2035.

Essential Utilities (NYSE:WTRG) has announced it will release its Q2 2025 earnings report on July 31, 2025 after market close. The company will host a conference call with financial analysts on August 1, 2025 at 11 a.m. EDT.

CEO Chris Franklin and CFO Dan Schuller will lead the conference call, which will include a Q&A session. Investors can access the live webcast and presentation through the company's website at Essential.co in the Investors section.

Essential Utilities (NYSE:WTRG) has appointed Daniel Ramirez-Cisneros as the new President of Aqua Texas, succeeding retiring Craig Blanchette. Ramirez-Cisneros, previously Director of Operations for Aqua Texas, brings nearly a decade of industry experience and will oversee water and wastewater operations across Texas.

His prior experience includes serving as Utilities Manager for the Puerto Rico Financial Oversight Board, where he managed a $1 billion infrastructure budget and developed a $5 billion recovery plan. The appointment comes as Aqua Texas plans significant capital investments focusing on operational optimization, including SCADA implementation, plant expansion, and PFAS mitigation.

Aqua Illinois (NYSE:WTRG), a subsidiary of Essential Utilities, has launched its new Customer Assistance Program (CAP) offering a 70% discount on water and wastewater usage for income-eligible customers. The year-round program, administered in partnership with Dollar Energy Fund (DEF), aims to support Illinois customers facing financial challenges.

The program's eligibility is based on household income, with specific guidelines ranging from $23,475 annual income for single-person households to $82,225 for eight-person households. Customers can apply through Aqua's website, DEF's website, or by phone. The initiative was approved by the Illinois Commerce Commission as a low-income tariff.

Essential Utilities (NYSE: WTRG) has been recognized as a 2025 honoree of the Civic 50 Greater Philadelphia by the Chamber of Commerce for Greater Philadelphia and Point of Light. The recognition highlights the company's commitment to community engagement across four key dimensions.

Through the Essential Foundation, the company invests approximately $2 million annually in the Greater Philadelphia region. The company's community engagement initiatives include environmental protection programs, a paid volunteer program, and a matching gift program. Essential Utilities' efforts focus on environmental protection, food insecurity, and water safety.

WATT Fuel Cell has successfully installed its next-generation WATT HOME solid oxide fuel cell system in Peoples Natural Gas' Western Pennsylvania service territory, in partnership with Essential Utilities (WTRG). The WATT HOME system converts natural gas into electricity through an electrochemical process without combustion, offering a sustainable alternative to traditional energy sources.

The system provides backup power during grid outages, addressing the growing concern of power disruptions, as U.S. customers experience approximately 5.5 hours of electricity interruptions annually. As part of the rollout, Pennsylvania's largest natural gas utility, Peoples, plans pilot installations in multiple company field offices to define installation and operational processes before a public rollout.

WATT Fuel Cell, in partnership with Essential Utilities (WTRG), has successfully installed its next-generation WATT HOME solid oxide fuel cell system in Peoples Natural Gas' Western Pennsylvania service territory. The innovative system converts natural gas into electricity through a combustion-free electrochemical process, serving as a reliable backup power source for homes.

The WATT HOME system offers key advantages including increased efficiency, reduced greenhouse gas emissions, and a smaller footprint compared to traditional backup generators. With U.S. electricity customers experiencing approximately 5.5 hours of annual power interruptions, this technology provides a silent, pollution-free alternative to standard backup generators. As part of the rollout, Peoples Natural Gas plans pilot installations in multiple company field offices to evaluate installation and operational processes before a public launch.

Essential Utilities (NYSE: WTRG) reported strong Q1 2025 results with earnings per share of $1.03, up from $0.97 in Q1 2024. Net income reached $283.8 million, while revenues increased 28% to $783.6 million. The company invested $270.5 million in infrastructure during Q1 and affirmed its 2025 guidance of $2.07-$2.11 EPS. Essential plans to invest $1.4-$1.5 billion in 2025 and approximately $7.8 billion through 2029 in infrastructure improvements. The company completed acquisitions in Ohio and Pennsylvania, with five additional wastewater system purchases pending. Essential maintains its long-term growth targets, including 5-7% EPS growth through 2027 and an 8% combined regulated utility rate base growth through 2029. The company has raised approximately $210 million in equity via its ATM program in 2025.