USX:WTRU - Essential Utilities Inc Aqua America Inc
Sector: Utilities, Industry: Water Utilities
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USD 53.31    -1.82 (-3.30%)
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29 Apr 2022


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General

IPO: 2019-04-18

Headquarters: US

Employees: 1,570

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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