secwatch.observer — SEC 8-K summary
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Issuer:     MIDDLESEX WATER CO (MSEX)
CIK:        0000066004
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001174947-25-001118
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Middlesex Water Q2 EPS $0.60; Delaware rate settlement adds $5.5M; NJ rate filing seeks $24.9M increase
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- Net income of $10.8M ($0.60 diluted EPS) vs $10.5M ($0.59) in Q2 2024; YTD net income $20.3M ($1.13) vs $21.3M ($1.18).
- Invested $51M in infrastructure in H1 2025, ~55% of planned $93M annual capital budget.
- Delaware rate case settlement approved: $5.5M annual revenue increase, 9.5% ROE, 53.5% equity ratio; new rates effective July 3, 2025.
- New Jersey utilities filed for $24.9M (19.3%) base rate increase to recover $100M of environmental compliance investments.
- Board declared $0.34 quarterly dividend, payable Sep 2, 2025 to holders of record Aug 15, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/66004/000117494725001118/0001174947-25-001118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/66004/000117494725001118/form8k-34524_msx.htm
  HTML page:      https://secwatch.observer/filing/0001174947-25-001118

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