USX:WTRG - Essential Utilities Inc Essential Utilities Inc
Sector: Utilities, Industry: Water Utilities
Next Earnings: 2 Aug 2022
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USD 45.45    +0.1 (+0.22%)
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16 May 2022


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General

CEO: Mr. Christopher H. Franklin

IPO: 1987-12-30

Headquarters: US

Employees: 3,211

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Description

Essential Utilities is a Pennsylvania-based holding company for U.S. water, wastewater, and natural gas distribution utilities. The company's water business serves 3 million people in eight states. Nearly three fourths of its water earnings come from Pennsylvania, primarily suburban Philadelphia. It also has a small market-based water business that provides water and water services to third parties, notably natural gas producers. Its $4.3 billion Peoples Gas acquisition that closed in March 2020 adds 750,000 gas distribution customers in Pennsylvania, West Virginia, and Kentucky.

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