Essential Utilities expands its New Jersey water operations with the Lake Tamarack acquisition, adding 255 customers and planning $1.4M in infrastructure upgrades.
Essential Utilities (WTRG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Essential Utilities' Aqua Pennsylvania unit acquired Ulster's water assets for $0.5 million, adding 180 customers and planning $2 million in upgrades over five years.
| Water Utilities Industry | Utilities Sector | Christopher H. Franklin CEO | XDUS Exchange | US29670G1022 ISIN |
| US Country | 3,303 Employees | 11 Aug 2026 Last Dividend | 3 Sep 2013 Last Split | 30 Dec 1987 IPO Date |
Essential Utilities, Inc., a prominent utility company in the United States, operates through its subsidiaries to provide a broad range of services including water, wastewater, and natural gas. The company has its operations segmented into Regulated Water and Regulated Natural Gas. Serving around 8.8 million customers across various states such as Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky, Essential Utilities is known for its Aqua and Peoples brands. Initially established in 1886 as Aqua America, Inc., it underwent a rebranding to Essential Utilities, Inc. in February 2020. The headquarters of the company are located in Bryn Mawr, Pennsylvania.
Essential Utilities, Inc. offers a diverse portfolio of services to meet the needs of its residential, commercial, industrial, and other customers. The following outlines some of the key services provided: