Essential is one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states under the Aqua and Peoples brands. Essential is committed to excellence in proactive infrastructure investment, regulatory expertise, operational efficiency and environmental stewardship. The company recognizes the importance water and natural gas play in everyday life and is proud to deliver safe, reliable services that contribute to the quality of life in the communities it serves.
Company profile
Ticker
WTRG
Exchange
Website
CEO
Christopher Franklin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AQUA AMERICA INC, PHILADELPHIA SUBURBAN CORP
SEC CIK
Corporate docs
Subsidiaries
Aqua Pennsylvania, Inc. • Aqua Resources, Inc. • Essential Utilities Services, Inc. • Aqua Services, Inc. • Aqua Infrastructure, LLC • Aqua Ohio, Inc. • Aqua Illinois, Inc. • Aqua New Jersey, Inc. • Aqua North Carolina, Inc. • Aqua Texas, Inc. ...
IRS number
231702594
WTRG stock data
Analyst ratings and price targets
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
22 Mar 23
DEFA14A
Additional proxy soliciting materials
22 Mar 23
ARS
2022 FY
Annual report to shareholders
20 Mar 23
DEFA14A
Additional proxy soliciting materials
20 Mar 23
DEF 14A
Definitive proxy
20 Mar 23
10-K
2022 FY
Annual report
1 Mar 23
8-K
Essential Utilities Reports Record Financial Results for 2022
27 Feb 23
UPLOAD
Letter from SEC
26 Jan 23
CORRESP
Correspondence with SEC
10 Jan 23
8-K
Other Events
9 Dec 22
Transcripts
WTRG
Earnings call transcript
2022 Q4
27 Feb 23
WTRG
Earnings call transcript
2022 Q3
8 Nov 22
WTRG
Earnings call transcript
2022 Q2
4 Aug 22
WTRG
Earnings call transcript
2022 Q1
9 May 22
WTRG
Earnings call transcript
2021 Q4
24 Feb 22
WTRG
Earnings call transcript
2021 Q3
1 Nov 21
WTRG
Earnings call transcript
2021 Q2
5 Aug 21
WTRG
Earnings call transcript
2021 Q1
6 May 21
WTRG
Earnings call transcript
2020 Q4
26 Feb 21
WTRG
Earnings call transcript
2020 Q3
4 Nov 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 11.40 mm | 11.40 mm | 11.40 mm | 11.40 mm | 11.40 mm | 11.40 mm |
| Cash burn (monthly) | 3.99 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 11.79 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | -395.90 k | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -0.1 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
72.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 630 |
| Opened positions | 99 |
| Closed positions | 80 |
| Increased positions | 214 |
| Reduced positions | 189 |
| 13F shares | Current |
|---|---|
| Total value | 9.18 tn |
| Total shares | 192.58 mm |
| Total puts | 189.00 k |
| Total calls | 44.90 k |
| Total put/call ratio | 4.2 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 29.55 mm | $1.41 tn |
| Vanguard | 26.80 mm | $1.28 tn |
| Canada Pension Plan Investment Board | 21.66 mm | $1.03 tn |
| STT State Street | 14.79 mm | $705.90 bn |
| Amundi | 6.02 mm | $289.32 bn |
| Pictet Asset Management | 5.68 mm | $271.59 bn |
| Impax Asset Management | 4.45 mm | $212.37 bn |
| Norges Bank | 4.33 mm | $206.49 bn |
| IVZ Invesco | 3.92 mm | $187.02 bn |
| NTRS Northern Trust | 3.35 mm | $159.97 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 Mar 23 | Ruff Ellen T | Common Stock | Grant | Acquire A | No | No | 42.765 | 702 | 30.02 k | 28,265 |
| 20 Mar 23 | Hilferty Daniel J III | Common Stock | Grant | Acquire A | No | No | 42.765 | 702 | 30.02 k | 25,305 |
| 20 Mar 23 | Stewart Lee C | Common Stock | Grant | Acquire A | No | No | 42.765 | 702 | 30.02 k | 20,830 |
| 20 Mar 23 | Ciesinski David Alan | Common Stock | Grant | Acquire A | No | No | 42.765 | 702 | 30.02 k | 4,094 |
| 20 Mar 23 | Wilbert Bryan Lewis | Common Stock | Grant | Acquire A | No | No | 42.765 | 702 | 30.02 k | 1,293 |
News
RBC Capital Reiterates Outperform on Essential Utilities, Maintains $54 Price Target
16 Mar 23
Why Essential Utilities Stock Is Volatile Wednesday
8 Mar 23
Spruce Point Issues Strong Sell Opinion On Essential Utilities
8 Mar 23
Top 5 Utilities Stocks That Could Blast Off In March
6 Mar 23
Wells Fargo Maintains Overweight on Essential Utilities, Lowers Price Target to $52
28 Feb 23
Press releases
Essential Utilities Comment on Today's EPA Proposal On a Maximum Contaminant Level for PFAS Toxins
14 Mar 23
Essential Utilities Reports Record Financial Results for 2022
27 Feb 23
Essential Declares June 2023 Dividend
22 Feb 23
Essential Utilities Reaffirms 2022 Guidance, Announces 2023 and Long-term Guidance and Plans to Report Earnings for Full-year 2022
11 Jan 23
Essential Utilities' Aqua Ohio Subsidiary Reaches Agreement to Purchase Union Rome Wastewater System from Lawrence County
11 Jan 23