Highest-materiality recent filing
Middlesex Water shareholders elect directors and approve say-on-pay and auditor
Elected Class II director Robert Hoglund (14.1M for, 0.15M withheld) and Class III directors Bershad, Cosgrove, McKoy (13.6M, 13.6M, 11.4M for).
Middlesex Water Q1 EPS $0.57 vs $0.53; revenue $48.7M up 10% YoY
Net income $10.6M, diluted EPS $0.57; YoY increases from $9.5M and $0.53.
Tatyana Kaplan appointed VP & Chief Accounting Officer effective March 26, 2026, previously Director of Accounting at Veolia.
Amendment to ATM equity offering program (max $110M) adds Huntington Securities as sales agent, removes Janney Montgomery Scott.
Middlesex Water reports 2025 EPS $2.36, down from $2.47; NJ rate case adds $14.5M revenue
Diluted EPS $2.36 for 2025 vs $2.47; net income $42.8M, down $1.5M YoY.
Middlesex Water appoints Robert Hoglund (ex-Con Edison CFO) to board, effective Jan 1, 2026
Robert Hoglund elected to Board of Directors effective January 1, 2026; served as Con Edison CFO for 18+ years.
Middlesex Water Q3 EPS $0.77 vs $0.80 YoY; revenue down; dividend raised 5.88%
Diluted EPS $0.77 vs $0.80 in Q3 2024; net income $14.0M vs $14.3M.
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).
Middlesex Water annual meeting: directors elected, say-on-pay passed, PwC ratified
Directors Klein and Mansue (Class II) elected with ~11.9M and ~12.4M 'for' votes; Reinhard (Class III) with ~10.4M.
Middlesex Water enters $110M ATM equity offering for capex and general purposes
Up to $110M of common stock may be sold at market prices via ATM offering with BofA Securities, Baird, and Janney.
Middlesex Water Q1 EPS $0.53 vs $0.59 YoY; revenue up 9.4% to $44.3M; acquires Ocean View
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.
Middlesex Water dismisses Baker Tilly, appoints PwC as new auditor for FY2025
Baker Tilly dismissed effective March 3, 2025; Audit Committee selected PwC for FY2025 audit.
Middlesex Water reports 2024 EPS $2.47 vs $1.76; revenue up to $191.9M
Net income $44.4M, diluted EPS $2.47 for 2024 vs. $31.5M ($1.76) in 2023, driven by base rate increase and one-time recovery.
Middlesex Water appoints Gregory Sorensen as VP/COO; VP Andreasen to retire after 42 years
Gregory Sorensen named Vice President and Chief Operating Officer, effective December 16, 2024.
Middlesex Water renews change in control agreements for six executives, amends CEO agreement
Existing change in control agreements with seven executives not extended past Dec 31, 2024; new agreements effective Jan 1, 2025.
Middlesex Water Q3 EPS $0.80, up 42.9% YoY; dividend raised 4.62%
Diluted EPS $0.80 vs $0.56 YoY; net income $14.3M, up $4.3M.
Middlesex Water raises quarterly dividend 4.62% to $0.34; 52nd consecutive annual increase
Quarterly dividend increased 4.62% to $0.34 per share from $0.325, payable Dec 2, 2024 to holders of record Nov 15.
Middlesex Water VP Bernadette Sohler to retire Dec 31, 2024 after 30 years
Bernadette M. Sohler, VP – Corporate Affairs, retires effective Dec 31, 2024; spent 30 years at Middlesex.
Tidewater Utilities files $10.3M rate increase request after decade-long pause
Tidewater (MSEX subsidiary) filed with Delaware PSC for $10.3 million annual revenue increase.
Middlesex Water Q2 net income $10.5M, up 6.5%; revenue $49.1M, up 14.8%
Diluted EPS $0.59 vs $0.55 in prior year; net income $10.5M, up 6.5%.
Middlesex Water declares $0.325 quarterly dividend, payable Sept 3
Quarterly cash dividend of $0.325 per share declared.
Middlesex Water names new CFO; O'Connor retires after 34 years
MSEX appoints Mohammed G. Zerhouni as SVP, CFO & Treasurer effective June 24, 2024.
Middlesex Water shareholders re-elect directors, approve say-on-pay, ratify auditor
Re-elected Kim C. Hanemann and Ann L. Noble and elected Nadine Leslie as Class I directors for 3-year terms.
Middlesex Water Q1 net income rises 82% to $10.7M; EPS $0.59 vs $0.33
Net income rose 82.1% to $10.7M; diluted EPS $0.59 vs $0.33 YoY.
Middlesex Water declares $0.325 quarterly dividend, payable June 3
Dividend of $0.325 per share declared, payable June 3, 2024 to shareholders of record May 15, 2024.
On October 9, 2024, Middlesex Water Company announced the retirement of Bernadette M. Sohler, Vice President – Corporate Affairs of Middlesex Water Company (the “Company”) effective December 31, 2024, as per the attached release.
Max materiality 0.75 · Median 0.50 · Most common event earnings