WTRG RSI Chart
Last 7 days
-1.5%
Last 30 days
-3.5%
Last 90 days
-6.0%
Trailing 12 Months
-19.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 2.3B | 2.3B | 2.3B | 2.1B |
2022 | 2.0B | 2.0B | 2.1B | 2.3B |
2021 | 1.7B | 1.9B | 1.9B | 1.9B |
2020 | 944.1M | 1.0B | 1.1B | 1.4B |
2019 | 844.9M | 851.9M | 869.4M | 889.7M |
2018 | 816.1M | 824.5M | 835.7M | 838.1M |
2017 | 815.1M | 814.6M | 803.0M | 809.5M |
2016 | 816.5M | 814.6M | 820.1M | 819.9M |
2015 | 787.6M | 798.0M | 808.5M | 814.2M |
2014 | 766.0M | 767.4M | 775.6M | 779.9M |
2013 | 772.3M | 774.5M | 762.3M | 761.9M |
2012 | 693.7M | 713.6M | 737.1M | 757.8M |
2011 | 688.2M | 691.3M | 688.9M | 687.3M |
2010 | 608.2M | 609.6M | 622.3M | 683.4M |
2009 | 582.3M | 591.5M | 600.7M | 609.9M |
2008 | 0 | 0 | 0 | 573.1M |
2007 | 0 | 0 | 0 | 566.5M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 01, 2024 | rubin robert a | sold | -207,074 | 37.21 | -5,565 | chief accounting officer |
Mar 11, 2024 | rubin robert a | sold | -127,836 | 36.00 | -3,551 | chief accounting officer |
Mar 05, 2024 | rubin robert a | sold | -226,060 | 35.6 | -6,350 | chief accounting officer |
Mar 05, 2024 | amato elizabeth b | bought | 108,559 | 35.019 | 3,100 | - |
Feb 26, 2024 | franklin chris | acquired | - | - | 24,428 | chief executive officer |
Feb 26, 2024 | rhodes matthew | sold (taxes) | -142,772 | 35.48 | -4,024 | evp, strategy & corp dev |
Feb 26, 2024 | rhodes matthew | acquired | - | - | 5,294 | evp, strategy & corp dev |
Feb 26, 2024 | arnold colleen | acquired | - | - | 2,336 | president |
Feb 26, 2024 | schuller daniel | sold (taxes) | -173,107 | 35.48 | -4,879 | executive vice president |
Feb 26, 2024 | franklin chris | sold (taxes) | -651,945 | 35.48 | -18,375 | chief executive officer |
Which funds bought or sold WTRG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 16, 2024 | Stillwater Capital Advisors, LLC | sold off | -100 | -219,587 | - | -% |
Apr 16, 2024 | Asset Dedication, LLC | added | 48.03 | 19,000 | 58,000 | -% |
Apr 16, 2024 | Norwood Financial Corp | unchanged | - | -112 | 13,890 | 0.02% |
Apr 16, 2024 | Cedar Mountain Advisors, LLC | added | 16.67 | 50.00 | 266 | -% |
Apr 16, 2024 | TOTH FINANCIAL ADVISORY CORP | added | 64.52 | 509,550 | 1,315,880 | 0.16% |
Apr 16, 2024 | WEBSTER BANK, N. A. | new | - | 40,755 | 40,755 | -% |
Apr 16, 2024 | Arlington Trust Co LLC | new | - | 1,112 | 1,112 | -% |
Apr 16, 2024 | Robbins Farley | unchanged | - | -113 | 13,894 | 0.01% |
Apr 16, 2024 | Independence Bank of Kentucky | new | - | 19,562 | 19,562 | 0.01% |
Apr 16, 2024 | HENNESSY ADVISORS INC | reduced | -3.84 | -314,040 | 6,494,860 | 0.27% |
Unveiling Essential Utilities Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Essential Utilities Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AEP | 42.2B | 19.0B | 19.06 | 2.22 | ||||
AWK | 22.5B | 4.2B | 23.8 | 5.31 | ||||
AEE | 19.2B | 7.5B | 16.56 | 2.55 | ||||
ATO | 17.3B | 3.9B | 18.68 | 4.38 | ||||
NRG | 15.3B | 28.8B | -75.63 | 0.53 | ||||
AGR | 13.9B | 8.3B | 17.72 | 1.68 | ||||
AES | 11.5B | 12.7B | 57.46 | 0.9 | ||||
CPK | 2.2B | 670.6M | 25.69 | 3.34 | ||||
MID-CAP | ||||||||
PNW | 8.2B | 4.7B | 15.74 | 1.74 | ||||
ALE | 3.3B | 1.9B | 13.49 | 1.77 | ||||
AVA | 2.6B | 1.7B | 15.41 | 1.51 | ||||
SMALL-CAP | ||||||||
CWCO | 377.4M | 180.2M | 12.69 | 2.09 | ||||
CDZI | 144.2M | 2.0M | -4.59 | 71.73 | ||||
VIA | 34.7M | 436.8M | 2.32 | 0.08 | ||||
CREG | 9.3M | - | -12.48 | 12.3 |
Essential Utilities Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 16.6% | 479 | 411 | 437 | 726 | 705 | 435 | 449 | 699 | 536 | 362 | 397 | 584 | 526 | 349 | 280 | 256 | 226 | 244 | 219 | 201 | 206 |
Costs and Expenses | 11.5% | 305 | 274 | 281 | 501 | 535 | 309 | 311 | 472 | 396 | 260 | 268 | 351 | 341 | 243 | 261 | 182 | 141 | 137 | 138 | 134 | 143 |
EBITDA Margin | 12.1% | 0.51* | 0.46* | 0.45* | 0.44* | 0.44* | 0.46* | 0.46* | 0.47* | 0.49* | 0.49* | 0.49* | 0.51* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 6.3% | 73.00 | 69.00 | 69.00 | 73.00 | 69.00 | 60.00 | 55.00 | 54.00 | 53.00 | 52.00 | 52.00 | 51.00 | 52.00 | 50.00 | 52.00 | 35.00 | 33.00 | 33.00 | 32.00 | 28.00 | 26.00 |
Income Taxes | -730.9% | -30.83 | -3.71 | -0.26 | -31.64 | -9.99 | 5.00 | 8.00 | -17.23 | -19.93 | 2.00 | 4.00 | 5.00 | -17.25 | 4.00 | 0.00 | -7.12 | -1.12 | -1.55 | -2.17 | -8.17 | -15.11 |
Earnings Before Taxes | 37.0% | 105 | 76.00 | 91.00 | 160 | 105 | 73.00 | 90.00 | 182 | 97.00 | 52.00 | 85.00 | 188 | 85.00 | 60.00 | 75.00 | 45.00 | 63.00 | 87.00 | 53.00 | 9.00 | -18.76 |
EBT Margin | 10.9% | 0.21* | 0.19* | 0.19* | 0.19* | 0.20* | 0.21* | 0.21* | 0.21* | 0.22* | 0.22* | 0.23* | 0.24* | - | - | - | - | - | - | - | - | - |
Net Income | 69.1% | 135 | 80.00 | 91.00 | 191 | 115 | 69.00 | 82.00 | 199 | 117 | 51.00 | 81.00 | 184 | 103 | 56.00 | 75.00 | 52.00 | 64.00 | 88.00 | 55.00 | 17.00 | -3.66 |
Net Income Margin | 15.8% | 0.24* | 0.21* | 0.20* | 0.20* | 0.20* | 0.22* | 0.22* | 0.22* | 0.23* | 0.22* | 0.23* | 0.24* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -29.6% | 129 | 183 | 67.00 | 249 | -71.37 | -49.66 | -46.82 | 158 | -69.69 | -3.53 | 5.00 | 103 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 2.5% | 16,841 | 16,433 | 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 |
Current Assets | 20.2% | 492 | 409 | 407 | 510 | 658 | 541 | 413 | 444 | 438 | 353 | 305 | 348 | 380 | 311 | 312 | 368 | 2,015 | 2,179 | 2,118 | 144 | 147 |
Cash Equivalents | -45.8% | 5.00 | 9.00 | 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 |
Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.00 | 17.00 | 16.00 | 16.00 | 16.00 |
Net PPE | 2.1% | 12,097 | 11,847 | 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 |
Goodwill | 0.0% | 2,341 | 2,341 | 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 | 2,277 | 64.00 | 53.00 | 53.00 | 53.00 | 53.00 |
Current Liabilities | -11.0% | 798 | 897 | 765 | 803 | 1,022 | 848 | 544 | 678 | 675 | 516 | 469 | 503 | 604 | 667 | 448 | 827 | 323 | 352 | 399 | 434 | 399 |
Long Term Debt | 5.7% | 6,826 | 6,456 | 6,616 | 6,485 | 6,371 | 6,174 | 6,088 | 5,872 | 3,062 | 5,599 | 5,648 | 5,548 | 3,014 | 5,153 | 5,175 | 4,729 | 1,887 | 2,898 | 2,749 | 2,463 | 1,604 |
LT Debt, Current | -69.2% | 67.00 | 219 | 199 | 199 | 199 | 150 | 121 | 132 | 132 | 63.00 | 80.00 | 80.00 | 84.00 | 206 | 88.00 | 115 | 105 | 178 | 221 | 156 | 145 |
LT Debt, Non Current | 5.7% | 6,826 | 6,456 | 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 |
Shareholder's Equity | -0.4% | 5,896 | 5,923 | 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 |
Retained Earnings | -1.9% | 1,707 | 1,739 | 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 |
Additional Paid-In Capital | 0.1% | 4,138 | 4,132 | 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 |
Accumulated Depreciation | 1.6% | 2,880 | 2,835 | 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 |
Shares Outstanding | 0.2% | 267 | 267 | 264 | 264 | 262 | 262 | 262 | 262 | 257 | 256 | 255 | 255 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 10,536 | - | - | - | 12,000 | - | - | - | 11,212 | - | - | - | 10,336 | - | - | - | 8,911 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -29.6% | 129,018 | 183,147 | 219,794 | 401,628 | 81,147 | 102,857 | 105,698 | 310,604 | 82,827 | 148,984 | 157,387 | 255,481 | 87,369 | 175,453 | 149,681 | 95,521 | 110,494 | 140,486 | 8,256 | 79,287 | 77,793 |
Share Based Compensation | 21.0% | 2,394 | 1,979 | 3,528 | 3,422 | 4,042 | 2,693 | 2,739 | 2,732 | 2,735 | 2,290 | 2,329 | 2,724 | 2,318 | 2,134 | 2,020 | 1,688 | 1,537 | 1,773 | 2,128 | 1,930 | 2,236 |
Cashflow From Investing | 12.5% | -303,019 | -346,315 | -329,186 | -243,208 | -355,233 | -349,056 | -240,781 | -233,232 | -345,188 | -307,089 | -226,069 | -177,712 | -314,021 | -259,710 | -195,333 | -3,564,602 | -207,083 | -130,995 | -132,968 | -133,557 | -197,725 |
Cashflow From Financing | 6.3% | 170,108 | 160,031 | 100,885 | -149,669 | 262,118 | 256,589 | 89,761 | -29,641 | 263,192 | 159,437 | 59,040 | -64,550 | 222,985 | 85,524 | 21,031 | 1,632,007 | -65,057 | 47,001 | 2,094,735 | 54,696 | 119,295 |
Dividend Payments | 3.3% | 83,890 | 81,230 | 75,878 | 75,808 | 75,278 | 75,246 | 70,287 | 67,821 | 67,788 | 67,758 | 61,584 | 61,520 | 61,492 | 61,460 | 57,414 | 52,205 | 51,691 | 50,558 | 47,249 | 39,014 | 38,970 |
Buy Backs | 1200.0% | 26.00 | 2.00 | 42.00 | 3,911 | 136 | 29.00 | 15.00 | 1,012 | 4.00 | 8.00 | 17.00 | 3,262 | 20.00 | 2.00 | 4.00 | 4,339 | - | 8.00 | 2.00 | 1,857 | 63.00 |
Consolidated Statements Of Operations And Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Consolidated Statements Of Operations And Comprehensive Income [Abstract] | |||
Operating revenues | $ 2,053,824 | $ 2,288,032 | $ 1,878,144 |
Operating expenses: | |||
Operations and maintenance | 575,518 | 613,649 | 550,580 |
Purchased gas | 352,306 | 601,995 | 340,262 |
Depreciation | 338,655 | 315,811 | 292,191 |
Amortization | 5,040 | 5,366 | 5,761 |
Taxes other than income taxes | 90,208 | 90,024 | 86,641 |
Total operating expenses | 1,361,727 | 1,626,845 | 1,275,435 |
Operating income | 692,097 | 661,187 | 602,709 |
Other expense (income): | |||
Interest expense | 283,362 | 238,116 | 207,709 |
Interest income | (3,401) | (3,675) | (2,384) |
Allowance for funds used during construction | (16,967) | (23,665) | (20,792) |
Gain on sale of other assets | (65) | (991) | (976) |
Other | (2,613) | 494 | (2,848) |
Income before income taxes | 431,781 | 450,908 | 422,000 |
Income tax benefit | (66,445) | (14,329) | (9,612) |
Net income | 498,226 | 465,237 | 431,612 |
Comprehensive income | $ 498,226 | $ 465,237 | $ 431,612 |
Net income per common share: | |||
Basic | $ 1.86 | $ 1.77 | $ 1.68 |
Diluted | $ 1.86 | $ 1.77 | $ 1.67 |
Average common shares outstanding during the period: | |||
Basic | 267,171 | 262,246 | 257,487 |
Diluted | 267,659 | 262,868 | 258,180 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Property, plant and equipment, at cost | $ 14,977,021 | $ 13,737,387 |
Less: accumulated depreciation | 2,879,949 | 2,606,441 |
Net property, plant and equipment | 12,097,072 | 11,130,946 |
Current assets: | ||
Cash and cash equivalents | 4,612 | 11,398 |
Accounts receivable, net | 144,300 | 206,324 |
Unbilled revenues | 101,436 | 170,504 |
Inventory - materials and supplies | 47,494 | 46,592 |
Inventory - gas stored | 65,173 | 153,143 |
Current assets held for sale | 11,167 | |
Prepayments and other current assets | 99,884 | 39,759 |
Regulatory assets | 29,080 | 19,272 |
Total current assets | 491,979 | 658,159 |
Regulatory assets | 1,766,892 | 1,342,753 |
Deferred charges and other assets, net | 102,388 | 166,653 |
Funds restricted for construction activity | 1,381 | 1,342 |
Goodwill | 2,340,738 | 2,340,792 |
Non-current assets held for sale | 32,124 | |
Operating lease right-of-use assets | 37,416 | 41,734 |
Intangible assets | 3,593 | 4,604 |
Total assets | 16,841,459 | 15,719,107 |
Essential Utilities stockholders' equity: | ||
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 276,595,228 and 266,973,321 as of December 31, 2023 and December 31, 2022 | 138,297 | 133,486 |
Capital in excess of par value | 4,137,696 | 3,793,262 |
Retained earnings | 1,706,675 | 1,534,331 |
Treasury stock, at cost, 3,299,191 and 3,236,237 shares as of December 31, 2023 and December 31, 2022 | (86,485) | (83,693) |
Total stockholders' equity | 5,896,183 | 5,377,386 |
Long-term debt, excluding current portion | 6,870,593 | 6,418,039 |
Less: debt issuance costs | 44,508 | 46,982 |
Long-term debt, excluding current portion, net of debt issuance costs | 6,826,085 | 6,371,057 |
Commitments and contingencies (See Note 9) | ||
Current liabilities: | ||
Current portion of long-term debt | 67,415 | 199,356 |
Loans payable | 160,123 | 228,500 |
Accounts payable | 221,191 | 238,843 |
Book overdraft | 13,358 | 28,694 |
Accrued interest | 53,084 | 47,063 |
Accrued taxes | 40,641 | 34,393 |
Liabilities related to assets held for sale | 3,263 | |
Regulatory liabilities | 31,270 | 35,276 |
Dividends payable | 83,929 | 75,808 |
Other accrued liabilities | 126,916 | 130,673 |
Total current liabilities | 797,927 | 1,021,869 |
Deferred credits and other liabilities: | ||
Deferred income taxes and investment tax credits | 1,628,324 | 1,345,766 |
Customers' advances for construction | 128,755 | 114,732 |
Regulatory liabilities | 820,910 | 778,754 |
Asset retirement obligations | 848 | 843 |
Operating lease liabilities | 34,425 | 37,666 |
Non-current liabilities related to assets held for sale | 974 | |
Pension and other postretirement benefit liabilities | 38,850 | 31,244 |
Other | 24,086 | 28,562 |
Total deferred credits and other liabilities | 2,676,198 | 2,338,541 |
Contributions in aid of construction | 645,066 | 610,254 |
Total liabilities and equity | $ 16,841,459 | $ 15,719,107 |