Highest-materiality recent filing
PUCO approves Essential Utilities & American Water merger; second regulatory nod
PUCO issued order approving all-stock merger announced Oct 27, 2025.
Essential Utilities Q1: GAAP EPS $0.79, adjusted $0.83; affirms 5-7% growth, gets KY merger nod
GAAP net income $224.4M ($0.79 EPS); adjusted EPS $0.83 excludes $0.04 merger costs.
Kentucky PSC approves Essential Utilities-American Water merger; first regulatory nod
Kentucky Public Service Commission approved the all-stock merger between Essential Utilities (WTRG) and American Water (AWK).
Net income $616.4M, EPS $2.20 vs $595.3M ($2.17) in 2024; adjusted 2024 EPS was $1.97.
Both Essential Utilities and American Water Works shareholders approve merger
Essential Utilities (WTRG) and American Water Works (AWK) shareholders approved merger on Feb 10, 2026.
Essential shareholders voted ~94.5% in favor (203.6M for) of merger agreement proposal.
Essential Q3 net income $92.1M, EPS $0.33; guides above prior; announces American Water merger
Q3 net income $92.1M ($0.33 EPS) vs $69.4M ($0.25); revenue $477.0M, +9.6% YoY.
American Water to acquire Essential Utilities; Essential shareholders get 0.305 AWK shares each
Essential shareholders receive 0.305 shares of American Water common stock per share; implied value not disclosed.
Essential Utilities invests in 1,400-acre PA data center; to build 18 MGD water plant
Will design, build, operate an 18 MGD water treatment plant using Monongahela River water for power generation and data center cooling.
Essential Utilities Q2 EPS $0.38 up 35% YoY; dividend raised 5.25%; FY25 guidance above $2.07-$2.11
Q2 GAAP EPS $0.38 vs $0.28 YoY; net income $107.8M vs $75.4M; revenue $514.9M +18.5%.
Essential Utilities Q1 EPS $1.03, revenue up 28%; 2025 guidance affirmed
EPS $1.03 vs $0.97 YoY; net income $283.8M up from $265.8M.
Essential Utilities FY2024 EPS $2.17 (+17% YoY), revenue $2.09B, reaffirms 2025 guidance $2.07-$2.11
GAAP EPS $2.17 vs $1.86 in 2023; adjusted EPS $1.97; net income $595.3M.
Essential Utilities Q3 EPS $0.25 down from $0.30; reinstates 5-7% long-term EPS growth guidance
Q3 net income $69.4M ($0.25/sh) vs $80.1M ($0.30/sh) YoY; revenue up 6% to $435.3M.
Essential Utilities enters $1B at-the-market equity facility; prior 2022 ATM terminated
Entered sales agreements with 10 agents to sell up to $1B of common stock at-the-market.
Q2 2024 EPS $0.28 vs $0.34 YoY; dividend raised 6% to $0.3255/share
Q2 net income $75.4M ($0.28 EPS) vs $91.3M ($0.34 EPS) in Q2 2023; revenue $434.4M (-0.5% YoY).
Essential Utilities Q1 EPS $0.97 vs $0.72; raises FY guidance above $1.96-$2.00 range
Net income $265.8M ($0.97/share) includes $66.0M after-tax gain from sale of non-core energy projects for $165M.
On February 15, 2025, Roderick K. West, a member of the Board of Directors (the “Board”) of Essential Utilities, Inc. (the “Company”) since 2023, informed the Company of his resignation as a director and as a member on all Board committees on which he served, effective immediately.
Edwina Kelly, notified the Chairman and Chief Executive Officer of Essential Utilities, Inc. (the “Company”) of her resignation, effective as of the date thereof, from her position as a member of the Board of Directors of the Company
On September 6, 2024, Matthew R. Rhodes, notified the Chairman and Chief Executive Officer of Essential Utilities, Inc. (the “ Company ”) of his resignation from his position as Executive Vice President, Strategy and Corporate Development, including any and all roles he plays in the parent company and any of its subsidiaries, to accept a position as the chief financial officer of Pattern Energy Group L.P.
Max materiality 0.95 · Median 0.55 · Most common event earnings