Last 7 days
-4.6%
Last 30 days
-1.6%
Last 90 days
-9.0%
Trailing 12 Months
-19.1%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-06-20 | Amato Elizabeth B | acquired | 90,016 | 41.425 | 2,173 | - |
2023-06-20 | Hilferty Daniel J III | acquired | 90,016 | 41.425 | 2,173 | - |
2023-06-20 | Lewis Wilbert Bryan | acquired | 90,016 | 41.425 | 2,173 | - |
2023-06-20 | Ciesinski David Alan | acquired | 90,016 | 41.425 | 2,173 | - |
2023-06-20 | Ruff Ellen T | acquired | 90,016 | 41.425 | 2,173 | - |
2023-06-20 | STEWART LEE C | acquired | 90,016 | 41.425 | 2,173 | - |
2023-06-14 | Arnold Colleen | sold | -52,049 | 41.84 | -1,244 | president |
2023-03-20 | STEWART LEE C | acquired | 30,021 | 42.765 | 702 | - |
2023-03-20 | Ruff Ellen T | acquired | 30,021 | 42.765 | 702 | - |
2023-03-20 | Lewis Wilbert Bryan | acquired | 30,021 | 42.765 | 702 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-13 | CGC Financial Services, LLC | new | - | 1,656 | 1,656 | -% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -66.07 | -1,686 | 758 | -% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | -644 | 27,118 | -% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | -19,822 | 211,523 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | -7,338 | 78,303 | 0.01% |
2023-08-22 | Asset Dedication, LLC | unchanged | - | -3,000 | 42,000 | -% |
2023-08-22 | COMERICA BANK | sold off | - | - | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -3.63 | -499,459 | 3,575,980 | 0.01% |
2023-08-21 | VitalStone Financial, LLC | new | - | 1,000 | 1,000 | -% |
2023-08-21 | BOKF, NA | sold off | -100 | -26,583 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 10.22% | 26,801,670 | SC 13G/A | |
Feb 06, 2023 | state street corp | 5.64% | 14,797,801 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 11.3% | 29,552,454 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 11.3% | 29,552,454 | SC 13G/A | |
Feb 11, 2022 | state street corp | 5.11% | 12,918,178 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 9.68% | 24,453,443 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 10.6% | 26,705,089 | SC 13G/A | |
Jan 25, 2022 | blackrock inc. | 10.6% | 26,705,089 | SC 13G/A | |
Apr 12, 2021 | blackrock inc. | 10.1% | 24,703,277 | SC 13G/A | |
Feb 12, 2021 | state street corp | 4.34% | 10,655,404 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 11, 2023 | 8-K | Current Report | |
Aug 08, 2023 | 8-K | Current Report | |
Aug 08, 2023 | 10-Q | Quarterly Report | |
Jun 26, 2023 | 8-K | Current Report | |
Jun 22, 2023 | 4 | Insider Trading | |
Jun 22, 2023 | 4 | Insider Trading | |
Jun 22, 2023 | 4 | Insider Trading | |
Jun 22, 2023 | 4 | Insider Trading | |
Jun 22, 2023 | 4 | Insider Trading | |
Jun 22, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
NEE | 135.4B | 26.9B | -0.90% | -19.91% | 16.72 | 5.03 | 54.09% | 213.91% |
SO | 76.3B | 27.7B | 3.20% | -7.21% | 26.22 | 2.76 | 6.94% | 1.01% |
DUK | 72.0B | 29.0B | 4.26% | -8.58% | 53.79 | 2.48 | 9.50% | -63.85% |
AWK | 26.0B | 4.0B | -3.50% | -7.02% | 29.13 | 6.43 | 5.91% | -31.18% |
NI | 11.2B | 5.9B | 2.62% | -3.86% | 15.92 | 1.91 | 7.85% | -2.88% |
WTRG | 9.6B | 2.3B | -1.60% | -19.15% | 20.64 | 4.18 | 12.59% | 3.92% |
MID-CAP | ||||||||
PNW | 8.9B | 4.5B | -0.38% | 9.13% | 21.02 | 1.96 | 15.02% | -25.26% |
NRG | 8.7B | 30.4B | 2.52% | -9.44% | -4.25 | 0.29 | 5.56% | -159.74% |
AWR | 3.0B | 579.2M | -6.16% | -4.10% | 25.53 | 5.17 | 19.53% | 41.87% |
CWT | 2.8B | 792.4M | -5.83% | -14.52% | 44.61 | 3.53 | -2.08% | -27.40% |
SJW | 2.0B | 641.5M | -6.35% | -0.02% | 22.44 | 3.09 | 10.61% | 68.66% |
SMALL-CAP | ||||||||
GWRS | 239.8M | 49.1M | -12.04% | -20.86% | 35.71 | 4.88 | 13.05% | 38.74% |
PCYO | 229.2M | 22.1M | -17.49% | 7.68% | 24.87 | 10.38 | 84.27% | 56.82% |
CDZI | 217.1M | 2.1M | -8.17% | 26.85% | -6.97 | 100.98 | 251.88% | -23.96% |
MSEX | 1.2M | 167.5M | -14.00% | -19.48% | 0.03 | 0.01 | 11.84% | -6.17% |
6.3%
4.2%
1.5%
-0.8%
45.4%
18.5%
0%
Y-axis is the maximum loss one would have experienced if Essential Utilities was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | -0.5% | 2,303 | 2,315 | 2,288 | 2,118 | 2,046 | 1,994 | 1,878 | 1,816 | 1,803 | 1,687 | 1,463 | 1,111 | 1,006 | 944 | 890 | 869 | 852 | 845 | 838 | 836 | 825 |
EBITDA | -100.0% | - | 1,008 | 1,010 | 977 | 940 | 926 | 928 | 907 | 908 | 897 | 710 | 639 | 619 | 535 | 493 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.44* | 0.44* | 0.46* | 1.37* | 0.46* | 0.49* | 0.50* | 0.50* | 0.50* | 0.49* | 0.53* | 0.56* | 0.57* | 0.55* | - | - | - | - | - | - |
Interest Expenses | 5.4% | 271 | 257 | 238 | 222 | 214 | 211 | 208 | 207 | 204 | 204 | 188 | 170 | 153 | 133 | 125 | 119 | 111 | 103 | 99.00 | 96.00 | 93.00 |
Earnings Before Taxes | 0.1% | 429 | 429 | 451 | 443 | 421 | 416 | 422 | 411 | 418 | 409 | 265 | 243 | 270 | 247 | 212 | 130 | 125 | 138 | 178 | 256 | 253 |
EBT Margin | -100.0% | - | 0.19* | 0.20* | 0.21* | 0.61* | 0.21* | 0.22* | 0.23* | 0.23* | 0.23* | 0.18* | 0.20* | 0.24* | 0.26* | 0.24* | - | - | - | - | - | - |
Net Income | 2.0% | 466 | 457 | 465 | 467 | 449 | 447 | 432 | 418 | 423 | 417 | 285 | 246 | 279 | 259 | 225 | 157 | 146 | 158 | 192 | 249 | 247 |
Net Income Margin | -100.0% | - | 0.20* | 0.20* | 0.22* | 0.65* | 0.22* | 0.23* | 0.23* | 0.23* | 0.23* | 0.19* | 0.20* | 0.25* | 0.27* | 0.25* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 691 | 600 | 602 | 648 | 700 | 645 | 649 | 676 | 172 | 12.00 | 35.00 | 0.00 | -140 | -157 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 1.8% | 16,102 | 15,818 | 15,719 | 15,280 | 15,046 | 14,877 | 14,658 | 14,236 | 13,934 | 13,822 | 13,705 | 13,399 | 13,028 | 12,929 | 9,362 | 9,341 | 9,180 | 7,081 | 6,964 | 6,757 | 6,570 |
Current Assets | -20.2% | 407 | 510 | 658 | 541 | 413 | 444 | 438 | 353 | 305 | 348 | 380 | 311 | 312 | 368 | 2,015 | 2,179 | 2,118 | 144 | 147 | 149 | 189 |
Cash Equivalents | -42.2% | 12.00 | 20.00 | 11.00 | 23.00 | 13.00 | 58.00 | 11.00 | 10.00 | 8.00 | 18.00 | 5.00 | 8.00 | 7.00 | 32.00 | 1,869 | 2,031 | 1,974 | 4.00 | 4.00 | 4.00 | 53.00 |
Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.00 | 17.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 |
Net PPE | 2.6% | 11,591 | 11,295 | 11,131 | 10,876 | 10,592 | 10,395 | 10,252 | 9,957 | 9,707 | 9,569 | 9,513 | 9,260 | 9,051 | 8,890 | 6,346 | 6,197 | 6,115 | 6,020 | 5,930 | 5,741 | 5,542 |
Goodwill | 0% | 2,341 | 2,341 | 2,341 | 2,341 | 2,341 | 2,341 | 2,341 | 2,341 | 16.00 | 16.00 | 2,325 | 2,334 | 2,334 | 2,261 | 64.00 | 53.00 | 53.00 | 53.00 | 53.00 | 53.00 | 42.00 |
Current Liabilities | -4.7% | 765 | 803 | 1,022 | 848 | 544 | 678 | 675 | 516 | 469 | 503 | 604 | 667 | 448 | 827 | 323 | 352 | 399 | 434 | 399 | 288 | 254 |
Long Term Debt | - | - | - | 3,062 | - | - | - | 3,062 | - | - | - | 3,014 | - | - | - | 1,887 | - | - | - | 1,604 | - | - |
LT Debt, Current | 0.0% | 199 | 199 | 199 | 150 | 121 | 132 | 132 | 63.00 | 80.00 | 80.00 | 84.00 | 206 | 88.00 | 115 | 105 | 178 | 221 | 156 | 145 | 108 | 119 |
LT Debt, Non Current | 2.0% | 6,616 | 6,485 | 6,371 | 6,174 | 6,088 | 5,872 | 5,780 | 5,599 | 5,648 | 5,548 | 5,508 | 5,153 | 5,175 | 4,729 | 2,943 | 2,898 | 2,749 | 2,463 | 2,398 | 2,266 | 2,181 |
Shareholder's Equity | 1.8% | 5,615 | 5,516 | 5,377 | 5,343 | 5,342 | 5,255 | 5,184 | 5,128 | 4,837 | 4,810 | 4,684 | 4,636 | 4,636 | 4,613 | 3,881 | 3,863 | 3,825 | 1,993 | 2,009 | 2,046 | 2,004 |
Retained Earnings | 5.5% | 1,741 | 1,650 | 1,534 | 1,571 | 1,577 | 1,498 | 1,434 | 1,386 | 1,403 | 1,384 | 1,262 | 1,221 | 1,227 | 1,210 | 1,210 | 1,198 | 1,160 | 1,152 | 1,174 | 1,217 | 1,178 |
Additional Paid-In Capital | 0.2% | 3,827 | 3,820 | 3,793 | 3,724 | 3,716 | 3,714 | 3,706 | 3,698 | 3,393 | 3,386 | 3,379 | 3,372 | 3,367 | 3,362 | 2,637 | 2,633 | 2,633 | 827 | 820 | 814 | 812 |
Accumulated Depreciation | 3.3% | 2,754 | 2,667 | 2,606 | 2,592 | 2,519 | 2,442 | 2,359 | 2,336 | 2,270 | 2,202 | 2,107 | 2,061 | 1,962 | 1,905 | 1,856 | 1,802 | 1,766 | 1,727 | 1,718 | 1,706 | 1,650 |
Shares Outstanding | 0.1% | 264 | 264 | - | 262 | 262 | 262 | - | 259 | 255 | 255 | - | 254 | 254 | 236 | - | 232 | 219 | 178 | - | 178 | 178 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 16.5% | 805 | 691 | 600 | 602 | 648 | 700 | 645 | 649 | 676 | 668 | 508 | 531 | 496 | 355 | 339 | 306 | 286 | 359 | 369 | 390 | 394 |
Share Based Compensation | 6.1% | 14.00 | 13.00 | 12.00 | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 | 8.00 | 7.00 | 7.00 | 7.00 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 | 7.00 | 7.00 |
Cashflow From Investing | -7.4% | -1,276 | -1,188 | -1,178 | -1,168 | -1,126 | -1,111 | -1,056 | -1,024 | -977 | -946 | -4,333 | -4,226 | -4,098 | -4,035 | -604 | -595 | -689 | -668 | -639 | -581 | -483 |
Cashflow From Financing | 2.4% | 470 | 459 | 579 | 580 | 483 | 452 | 417 | 377 | 303 | 265 | 1,962 | 1,674 | 1,635 | 3,709 | 2,131 | 2,316 | 2,325 | 310 | 271 | 192 | 135 |
Dividend Payments | 1.9% | 302 | 297 | 289 | 281 | 274 | 265 | 259 | 252 | 246 | 242 | 233 | 223 | 212 | 202 | 189 | 176 | 164 | 153 | 151 | 148 | 146 |
Buy Backs | 0.7% | 4.00 | 4.00 | 1.00 | 1.00 | 1.00 | 1.00 | 3.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 4.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 |
Consolidated Statements Of Operations And Comprehensive Income - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Consolidated Statements Of Operations [Abstract] | ||||
Operating revenues | $ 436,700 | $ 448,756 | $ 1,163,150 | $ 1,148,031 |
Operating expenses: | ||||
Operations and maintenance | 133,508 | 134,981 | 271,502 | 277,562 |
Purchased gas | 41,933 | 75,143 | 298,248 | 302,855 |
Depreciation | 84,937 | 77,425 | 167,860 | 155,303 |
Amortization | 724 | 1,751 | 1,595 | 2,219 |
Taxes other than income taxes | 20,348 | 21,720 | 43,226 | 44,727 |
Total operating expenses | 281,450 | 311,020 | 782,431 | 782,666 |
Operating income | 155,250 | 137,736 | 380,719 | 365,365 |
Other expense (income): | ||||
Interest expense | 69,182 | 55,221 | 141,850 | 108,857 |
Interest income | (970) | (824) | (1,789) | (1,433) |
Allowance for funds used during construction | (3,424) | (6,151) | (9,112) | (11,990) |
Gain on sale of other assets | (220) | (478) | (469) | (478) |
Other | (323) | (423) | (563) | (2,125) |
Income before income taxes | 91,005 | 90,391 | 250,802 | 272,534 |
Provision for income taxes (benefit) | (263) | 8,100 | (31,900) | (9,133) |
Net income | 91,268 | 82,291 | 282,702 | 281,667 |
Comprehensive income | $ 91,268 | $ 82,291 | $ 282,702 | $ 281,667 |
Net income per common share: | ||||
Basic | $ 0.35 | $ 0.31 | $ 1.07 | $ 1.08 |
Diluted | $ 0.34 | $ 0.31 | $ 1.07 | $ 1.07 |
Average common shares outstanding during the period: | ||||
Basic | 264,418,000 | 262,099,000 | 264,306,000 | 262,026,000 |
Diluted | 264,818,000 | 262,558,000 | 264,840,000 | 262,545,000 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Property, plant and equipment, at cost | $ 14,344,435 | $ 13,737,387 |
Less: accumulated depreciation | 2,753,586 | 2,606,441 |
Net property, plant and equipment | 11,590,849 | 11,130,946 |
Current assets: | ||
Cash and cash equivalents | 11,642 | 11,398 |
Accounts receivable, net | 149,942 | 206,324 |
Unbilled revenues | 75,737 | 170,504 |
Inventory - materials and supplies | 45,300 | 46,592 |
Inventory - gas stored | 63,216 | 153,143 |
Current assets held for sale | 7,378 | 11,167 |
Prepayments and other current assets | 36,557 | 39,759 |
Regulatory assets | 16,938 | 19,272 |
Total current assets | 406,710 | 658,159 |
Regulatory assets | 1,518,079 | 1,342,753 |
Deferred charges and other assets, net | 166,391 | 166,653 |
Funds restricted for construction activity | 1,360 | 1,342 |
Goodwill | 2,340,755 | 2,340,792 |
Non-current assets held for sale | 34,419 | 32,124 |
Operating lease right-of-use assets | 39,151 | 41,734 |
Intangible assets | 4,221 | 4,604 |
Total assets | 16,101,935 | 15,719,107 |
Stockholders' equity: | ||
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 267,818,219 and 266,973,321 as of June 30, 2023 and December 31, 2022 | 133,909 | 133,486 |
Capital in excess of par value | 3,827,199 | 3,793,262 |
Retained earnings | 1,740,682 | 1,534,331 |
Treasury stock, at cost, 3,312,850 and 3,236,237 shares as of June 30, 2023 and December 31, 2022 | (87,092) | (83,693) |
Total stockholders' equity | 5,614,698 | 5,377,386 |
Long-term debt, excluding current portion | 6,661,014 | 6,418,039 |
Less: debt issuance costs | 45,498 | 46,982 |
Long-term debt, excluding current portion, net of debt issuance costs | 6,615,516 | 6,371,057 |
Commitments and contingencies (See Note 14) | ||
Current liabilities: | ||
Current portion of long-term debt | 198,749 | 199,356 |
Loans payable | 48,043 | 228,500 |
Accounts payable | 178,902 | 238,843 |
Book overdraft | 32,490 | 28,694 |
Accrued interest | 50,625 | 47,063 |
Accrued taxes | 26,232 | 34,393 |
Liabilities related to assets held for sale | 3,081 | 3,263 |
Regulatory liabilities | 96,669 | 35,276 |
Dividends payable | 75,808 | |
Other accrued liabilities | 130,344 | 130,673 |
Total current liabilities | 765,135 | 1,021,869 |
Deferred credits and other liabilities: | ||
Deferred income taxes and investment tax credits | 1,459,002 | 1,345,766 |
Customers' advances for construction | 125,362 | 114,732 |
Regulatory liabilities | 807,240 | 778,754 |
Asset retirement obligations | 842 | 843 |
Operating lease liabilities | 36,387 | 37,666 |
Non-current liabilities related to assets held for sale | 803 | 974 |
Pension and other postretirement benefit liabilities | 31,196 | 31,244 |
Other | 24,648 | 28,562 |
Total deferred credits and other liabilities | 2,485,480 | 2,338,541 |
Contributions in aid of construction | 621,106 | 610,254 |
Total liabilities and equity | $ 16,101,935 | $ 15,719,107 |