STOCK TITAN

Essential Utilities Inc - WTRG STOCK NEWS

Welcome to our dedicated news page for Essential Utilities (Ticker: WTRG), a resource for investors and traders seeking the latest updates and insights on Essential Utilities.

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.

Rhea-AI Summary
Essential Utilities, Inc. (NYSE: WTRG) has closed the sale of its three non-utility microgrid and district energy properties in Allegheny County to Cordia for $165 million. The agreement covers innovative microgrids and district energy systems developed by Peoples, Essential’s gas operations subsidiary based in Pittsburgh. These systems include the Pittsburgh International Airport microgrid, the district energy system at Allegheny Health Network (AHN) – Wexford Hospital, and the Allegheny County District Energy system. Essential selected Cordia as the buyer due to their expertise in microgrids and district energy systems, along with their established footprint in Pittsburgh. The sale allows Essential to focus on its core business as a regulated utility while continuing to support projects that provide resilient, sustainable energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
Tags
none
-
Rhea-AI Summary
Cordia, a leading energy solutions provider, announced the financial closing on the acquisition of three microgrids and district energy systems in Allegheny County, Pennsylvania, from Essential Utilities, Inc. The $165 million acquisition includes the Pittsburgh International Airport Microgrid, the district energy system at Allegheny Health Network (AHN) – Wexford Hospital, and the Allegheny County District Energy System. Cordia's CEO highlighted the strategic importance of the acquisitions in strengthening the company's presence in the Pittsburgh region and supporting critical institutions with efficient and sustainable energy solutions. The projects were developed by Essential subsidiary Peoples, leveraging natural gas to deliver safer, more reliable, and more resilient energy to major institutions in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
Tags
none
-
Rhea-AI Summary
Essential Utilities (WTRG) has been named to Newsweek’s list of America’s Most Responsible Companies 2024 for the third consecutive year. The company's commitment to sustainable and ethical business practices has been recognized, reflecting its dedication to environmental, social, and corporate governance practices. Essential has achieved significant ESG milestones, including a 25% reduction in greenhouse gas emissions and diverse supplier and employee commitments. The company's recognition as one of the top 600 most responsible companies in the U.S. demonstrates its ongoing commitment to ESG practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
none
Rhea-AI Summary
Essential Utilities (WTRG) Donates $20,000 to Chester County Food Bank to Combat Food Insecurity
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
none
-
Rhea-AI Summary
Peoples Gas Holiday Market™, organized by Essential Utilities (NYSE:WTRG), brings together artisans from around the world, offering holiday gifts, sweet treats, and live entertainment. Peoples is a longtime supporter of the Greater Pittsburgh Community Food Bank and the Butler Spirit of Christmas Parade, reinforcing its commitment to every community it serves.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
Tags
none
-
News
Rhea-AI Summary
Essential Utilities Inc. (NYSE: WTRG) declared a quarterly cash dividend of $0.3071 per share, payable on March 1, 2024, to shareholders of record on February 9, 2024. This represents a 7% increase over the March 2023 dividend payment. The company has paid consecutive quarterly cash dividends for 79 years and increased the dividend 33 times in the last 32 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
dividends
Rhea-AI Summary
Essential Utilities Inc. (NYSE: WTRG) reported Q3 2023 net income of $80.1 million, compared to $68.6 million in Q3 2022. Earnings per share were $0.30, up from $0.26 in the same quarter last year. Revenues for the quarter were $411.3 million, down from $434.6 million in Q3 2022. The company reaffirmed its 2023 financial and growth guidance, including a net income per diluted common share of $1.85 to $1.90.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
-
Rhea-AI Summary
Essential Utilities Inc. announces the election of Rod West to its board of directors. West is the group president, utility operations at Entergy Corporation. He has extensive experience in the utility industry and will bring strategic and commercial expertise to Essential Utilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary
Essential Utilities Inc. (NYSE: WTRG) has declared a quarterly cash dividend of $0.3071 per share, representing a 7% increase over the previous year. The dividend will be payable on December 1, 2023, to shareholders of record on November 10, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
dividends
Rhea-AI Summary
Essential Utilities Inc. (NYSE: WTRG) will report Q3 2023 earnings on Nov. 6, 2023. Conference call with analysts on Nov. 7, 2023 at 11 a.m. EST. Webcast available on Essential.co.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
conferences earnings
Essential Utilities Inc

NYSE:WTRG

WTRG Rankings

WTRG Stock Data

9.40B
272.49M
0.19%
79.81%
2.41%
Water Supply and Irrigation Systems
Utilities
Link
United States
Bryn Mawr

About WTRG

essential utilities, inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the united states. it offers water services through operating and maintenance contracts with municipal authorities and other parties. the company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households through a third-party. it serves approximately 3 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in pennsylvania, ohio, texas, illinois, north carolina, new jersey, indiana, and virginia. the company was formerly known as aqua america, inc. and changed its name to essential utilities, inc. in february 2020. essential utilities, inc. was founded in 1886 and is headquartered in bryn mawr, pennsylvania.