Artesian Resources Corporation Class A Common Stock (ARTNA)

Overview

Artesian Resources Corporation is a long-established company, having been founded in 1905, with its headquarters located in Newark, Delaware. The company operates through its subsidiaries, providing a variety of essential services across Delaware, Maryland, and Pennsylvania. Its primary offerings include the distribution and sale of water, wastewater collection and treatment, and other ancillary services catering to a broad spectrum of customers which includes residential, commercial, industrial, and governmental entities. The company's commitment to delivering vital water and wastewater services underscores its crucial role in the infrastructure and public health sectors in the regions it serves.

Products and Services

• Water Distribution and Sale:

Artesian Resources Corporation provides high-quality water services to a diverse range of customers, encompassing residential, commercial, industrial, governmental, municipal, and utility sectors. The company's services are critical for both daily consumption and public & private fire protection across Delaware, Maryland, and Pennsylvania.

• Wastewater Services:

This includes the collection and treatment of wastewater for customers in Delaware, aiming to ensure public health and environmental standards are met through advanced treatment processes and infrastructure management.

• Contract Water and Wastewater Services:

Artesian also offers specialized contract services that cater to the operational and billing needs of other water utilities, emphasizing its expertise and flexibility in managing water-related services comprehensively.

• Protection Plans:

The company provides various protection plans covering water, sewer, and internal service lines. These plans are designed to offer peace of mind and protection against unexpected service issues or infrastructural damages to homeowners and businesses.

• Wastewater Management Services:

Apart from treatment services, Artesian engages in broader wastewater management, offering services that encompass the design, construction, and engineering aspects, ensuring that wastewater systems operate efficiently and comply with regulatory standards.

• Real Estate and Storm Water Management:

Artesian owns real estate for operational purposes, including lands for office buildings, water treatment, and wastewater facilities. Additionally, it provides comprehensive storm water management services, which include the design, installation, maintenance, and repair of storm water systems to manage runoff and prevent flooding.