---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-25-000675"
form_type: "8-K"
ticker: "MSEX"
cik: "0000066004"
company_name: "MIDDLESEX WATER CO"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:24:29.202666+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Middlesex Water Q1 EPS $0.53 vs $0.59 YoY; revenue up 9.4% to $44.3M; acquires Ocean View

## Summary
- Net income $9.5M ($0.53 diluted) vs $10.7M ($0.59) in Q1 2024; decrease due to $4.3M one-time recovery in prior year.
- Operating revenue $44.3M, up $3.8M (+9.4%) driven by rate increases, customer growth, and higher consumption.
- Completed acquisition of Ocean View water assets in Delaware for ~$4.6M, adding ~900 customers.
- Filed third DSIC rate application for $1.9M annual revenues starting June 2025; plans $93M infrastructure investment in 2025.
- Declared $0.34 quarterly dividend payable June 2, 2025 to holders of record May 15, 2025 (52nd year of increases).

## SEC filing metadata
- accession: 0001174947-25-000675
- form_type: 8-K
- ticker: MSEX
- cik: 0000066004
- company_name: MIDDLESEX WATER CO
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66004/000117494725000675/0001174947-25-000675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66004/000117494725000675/form8k-34180_msx.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-000675
- JSON: https://secwatch.observer/filing/0001174947-25-000675.json
- Plain text: https://secwatch.observer/filing/0001174947-25-000675.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.