Every 8-K that MIDDLESEX WATER 7 PR (MSEXP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MSEXP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MSEXP filings page.
Middlesex Water Company reported strong second quarter 2026 results, with operating revenues of $56.4 million, net income of $14.8 million and diluted EPS of $0.79, up from $10.8 million and $0.60 a year earlier. Growth was driven by increased wholesale demand, higher customer consumption and base rate increases in both the Middlesex and Tidewater systems.
For the first six months of 2026, operating revenues were $105.1 million and net income was $25.4 million, with diluted EPS of $1.36. Operations and maintenance, depreciation and taxes rose mainly due to higher credit loss reserves, employee and production costs. The company invested $53 million in utility infrastructure, about 42% of its planned $126 million 2026 program, and declared a third quarter cash dividend of $0.36 per common share, continuing a 53-year streak of annual dividend increases.
Middlesex Water Company reported higher results for the quarter ended March 31, 2026, driven by stronger demand and rate increases in its regulated systems. Net income was $10.6 million and diluted EPS was $0.57, up from $9.5 million and $0.53 a year earlier.
Operating revenues rose to $48.7 million from $44.3 million, mainly from increased wholesale demand, customer consumption and base rate increases in the Middlesex System, and higher usage, customer growth and rates in the Tidewater System. Operating expenses increased to $35.6 million, reflecting higher production costs, wages and headcount.
The company invested about $21 million in water and wastewater infrastructure during the quarter, roughly 17% of its planned $126 million 2026 program. The Board declared a second-quarter cash dividend of $0.36 per common share, payable June 1, 2026, to shareholders of record on May 15, 2026.
Middlesex Water Company has appointed Tatyana Kaplan as Vice President and Chief Accounting Officer, effective March 26, 2026. She replaces Robert J. Capko as Principal Accounting Officer; he will remain with the company as Corporate Controller.
The company also entered into a detailed change in control termination agreement with Kaplan. If a defined change in control occurs and her employment is subsequently terminated without cause or she resigns for specified “Good Reason” within two years, she is eligible for a lump-sum severance based on a multiple of her compensation, continued health and welfare benefits for up to 24 months, payment of deferred compensation, and accelerated vesting of unvested equity awards. The agreement also covers notice procedures, dispute arbitration in New Jersey, and successor obligations in the event the company is acquired.
Middlesex Water Company entered into an amendment to its at-the-market equity sales agreement on February 20, 2026. The agreement allows ongoing sales of common stock, from time to time at prevailing market prices, in an amount not to exceed $110,000,000.
The amendment removes Janney Montgomery Scott LLC as a sales agent and adds Huntington Securities, Inc. as a new sales agent, while BofA Securities, Inc. and Robert W. Baird & Co. Incorporated remain parties. All other terms of the at-the-market offering, including sales method, commissions, and the maximum aggregate amount, remain unchanged.
Middlesex Water Company reported 2025 net income of $42.8 million, down from $44.4 million, with diluted EPS of $2.36 versus $2.47 in 2024. Operating revenues rose to $194.7 million from $191.9 million as rate increases and customer growth more than offset weather-driven lower consumption.
The company invested $96 million in water and wastewater infrastructure in 2025 and plans about $126 million in 2026, with $506 million of capital investment expected from 2026 through 2028, including $255 million for PFAS treatment at its Carl J. Olsen plant. New Jersey regulators approved a general rate case settlement authorizing a $14.5 million annual operating revenue increase, a 9.6% allowed return on equity and a 54.25% common equity ratio, plus RESIC/DSIC surcharge programs that allow recovery of up to $10.7 million in qualifying capital investments via semi-annual filings.
Middlesex’s Tidewater subsidiary acquired the Pinewood Acres water utility assets in Delaware for $0.2 million, adding about 350 customers. The board declared a quarterly cash dividend of $0.36 per share, payable March 2, 2026 to shareholders of record on February 17, 2026.