Quarterlytics / Utilities / Regulated Water / Essential Utilities

Essential Utilities

WTRG · NYSE Utilities
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Ticker WTRG
Exchange NYSE
Sector Utilities
Industry Regulated Water
Employees 1001-5000

Business description

Essential Utilities, Inc.: The Powerhouse in Regulated Utilities Essential Utilities, Inc., a Pennsylvania-based holding company, has become the leader in the regulated utility industry. The company, formerly known as Aqua America, Inc., offers essential utility services such as water, wastewater, and natural gas services in various states across the United States. With a history dating back to 1886, Essential Utilities has been the go-to source for millions of utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky. The Regulated Water and Regulated Natural Gas segments are the two operating segments of Essential Utilities. The company provides water services by contracting with municipal authorities and other groups. Further, it also supplies non-utility raw water to firms in the natural gas drilling industry. The company additionally offers water and sewer line protection solutions and repair services to households. As a result, Essential Utilities serves about 8.8 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers under the Aqua and Peoples brands. The company’s recent name change from Aqua America, Inc. to Essential Utilities, Inc. in February 2020 has brought widespread attention to the company's position and role in the industry. Due to the company's essential nature, it has shown no slow down in growth or success. Essential Utilities continues to be headquartered in Bryn Mawr, Pennsylvania, and operates through its subsidiaries across the United States. Essential Utilities has committed to showcasing impressive financial results through regulating its services in the United States, bringing in notable revenue figures, and expanding their reach. This success has propelled the company to a position of acclaim in the regulated utility world.

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Company facts
TickerWTRG
ExchangeNYSE
Sector Utilities
Industry Regulated Water
Employees1001-5000