Middlesex Water CO (MSEXP) — SEC Filings

Overview

Middlesex Water CO (MSEXP) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Oct 31, 2025: MIDDLESEX WATER CO (MSEX) reported a slight decrease in net income for the three months ended September 30, 2025, falling to $13.958 million from $14.319 million in the prior year, a 2.52% decline. For the nine-month period, net income also decreased to $34.217 million from $35.547 million, a 3.74%

Sentiment Summary

Across 36 filings, the sentiment breakdown is: 4 bullish, 31 neutral, 1 mixed. The dominant filing sentiment for Middlesex Water CO is neutral.

Filing Type Overview

Middlesex Water CO (MSEXP) has filed 18 8-K, 6 10-Q, 2 DEF 14A, 1 10-K/A, 2 10-K, 3 SC 13G, 4 SC 13G/A with the SEC between Jan 2024 to Dec 2025.

Filings by Year

2025 · 2024

Recent Filings (36)

• 8-K Filing — 8-K · Dec 22, 2025
• Middlesex Water Net Income Dips Amid PFAS Costs, Seeks Rate Hike — 10-Q · Oct 31, 2025 Risk: medium
  MIDDLESEX WATER CO (MSEX) reported a slight decrease in net income for the three months ended September 30, 2025, falling to $13.958 million from $14.319 millio
• Middlesex Water Posts Strong Q2 Earnings, Revenue Up 6.8% — 10-Q · Jul 31, 2025 Risk: low
  MIDDLESEX WATER CO reported a net income of $15.2 million for the three months ended June 30, 2025, an increase of 8.5% from $14.0 million in the prior-year per
• Middlesex Water Co Files 8-K — 8-K · May 22, 2025 Risk: low
  Middlesex Water Company filed an 8-K on May 22, 2025, to report on matters submitted to a vote of security holders and to file financial statements and exhibits
• Middlesex Water Co Files 8-K — 8-K · May 12, 2025 Risk: medium
  Middlesex Water Company filed an 8-K on May 12, 2025, reporting the entry into a material definitive agreement. The filing also includes other events and financ
• Middlesex Water Co. Files Q1 2025 10-Q — 10-Q · May 1, 2025 Risk: low
  Middlesex Water Company filed its 10-Q report for the quarterly period ended March 31, 2025. The company, incorporated in New Jersey with its principal executiv
• Middlesex Water Co. Files 2025 Proxy Statement — DEF 14A · Apr 10, 2025 Risk: low
  Middlesex Water Company filed its definitive proxy statement on April 10, 2025, for its annual meeting on May 20, 2025. The filing outlines the company's govern
• Middlesex Water Co. Files 2024 Annual Report Amendment — 10-K/A · Mar 11, 2025 Risk: low
  Middlesex Water Company filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2024. The filing, submitted on March 11, 2025, p
• Middlesex Water Co. Files 8-K: Accountant & Financial Updates — 8-K · Mar 4, 2025 Risk: low
  Middlesex Water Company filed an 8-K on March 4, 2025, reporting changes in its certifying accountant and financial statements as of February 28, 2025. The fili
• Middlesex Water Co. Files 2024 Annual Report — 10-K · Feb 28, 2025 Risk: low
  Middlesex Water Company filed its 2024 10-K report on February 28, 2025, detailing its operations for the fiscal year ending December 31, 2024. The company, inc
• Middlesex Water Co. Announces Executive and Board Changes — 8-K · Nov 26, 2024 Risk: medium
  Middlesex Water Company announced on November 26, 2024, changes in its executive team and board of directors. The filing details the departure of certain office
• SC 13G Filing — SC 13G · Nov 14, 2024
• Middlesex Water Co. Files 8-K on Officer/Director Changes — 8-K · Nov 5, 2024 Risk: low
  Middlesex Water Company filed an 8-K on November 5, 2024, reporting changes related to its directors and officers, including potential new appointments and upda
• Middlesex Water Co. Files Q3 2024 10-Q — 10-Q · Oct 31, 2024 Risk: low
  Middlesex Water Company (MSEX) filed its 10-Q for the period ending September 30, 2024. The company, incorporated in New Jersey, operates in the water supply in
• SC 13G Filing — SC 13G · Oct 25, 2024
• Middlesex Water Co Files 8-K — 8-K · Oct 24, 2024 Risk: low
  Middlesex Water Company filed an 8-K on October 24, 2024, to report other events and financial statements. The filing details the company's principal executive
• Middlesex Water Co. Announces Board and Executive Compensation Changes — 8-K · Oct 9, 2024 Risk: low
  Middlesex Water Company announced on October 9, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departur
• Middlesex Water Co. Files Routine 8-K — 8-K · Aug 30, 2024 Risk: low
  Middlesex Water Company filed an 8-K on August 30, 2024, to report other events and financial statements. The filing does not contain specific details about new
• SC 13G/A Filing — SC 13G/A · Aug 2, 2024
• Middlesex Water Co Files Q2 2024 10-Q — 10-Q · Jul 31, 2024 Risk: low
  Middlesex Water Company filed its 10-Q report for the quarterly period ended June 30, 2024. The company, incorporated in New Jersey, is engaged in the water sup
• Middlesex Water Co Files 8-K — 8-K · Jul 24, 2024 Risk: low
  Middlesex Water Company filed an 8-K on July 24, 2024, to report other events and financial statements. The filing does not contain specific details about new m
• Middlesex Water Co. Announces Board and Executive Changes — 8-K · Jun 10, 2024 Risk: low
  Middlesex Water Company announced on June 10, 2024, changes in its board of directors and executive compensation. Specifically, the company elected a new direct
• Middlesex Water Co Files 8-K — 8-K · May 22, 2024 Risk: low
  Middlesex Water Company filed an 8-K on May 22, 2024, reporting on matters submitted to a vote of security holders, other events, and financial statements. The
• Middlesex Water Co. Files Quarterly Report (10-Q) — 10-Q · May 8, 2024 Risk: low
  MIDDLESEX WATER CO (MSEXP) filed a Quarterly Report (10-Q) with the SEC on May 8, 2024. Middlesex Water Co. filed its Form 10-Q for the quarterly period ended M
• Middlesex Water Co. Files 8-K — 8-K · Apr 25, 2024 Risk: low
  Middlesex Water Company filed an 8-K on April 25, 2024, to report other events and financial statements. The filing does not contain specific details about new
• Middlesex Water Co. Announces 2024 Annual Meeting and 2023 Performance Highlights — DEF 14A · Apr 11, 2024 Risk: low
  MIDDLESEX WATER CO (MSEXP) filed a Proxy Statement (DEF 14A) with the SEC on April 11, 2024. Completed a $50 million upgrade to the Park Avenue Treatment Plant
• Middlesex Water Co. Files 2023 Annual Report on Form 10-K — 10-K · Mar 1, 2024 Risk: medium
  MIDDLESEX WATER CO (MSEXP) filed a Annual Report (10-K) with the SEC on March 1, 2024. Middlesex Water Co. filed its annual report for the fiscal year ended Dec
• Middlesex Water Files 8-K on Financial Condition — 8-K · Feb 29, 2024 Risk: low
  Middlesex Water Company filed an 8-K on February 29, 2024, to report on its results of operations and financial condition. The filing, under SEC File Number 0-4
• Middlesex Water Files 8-K for 'Other Events' — 8-K · Feb 16, 2024 Risk: low
  Middlesex Water Company filed an 8-K on February 16, 2024, under the Securities Exchange Act of 1934. The filing indicates an 'Other Events' item, suggesting a
• Vanguard Holds 16.7% Stake in Middlesex Water Co. — SC 13G/A · Feb 13, 2024 Risk: low
  The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, indicating its ownership of Middlesex Water Co. common stock as of
• Middlesex Water Files Routine 8-K on Jan 29, No Major News — 8-K · Jan 29, 2024
  Middlesex Water Company filed an 8-K on January 29, 2024, to report "Other Events" and "Financial Statements and Exhibits." This filing is a routine disclosure,
• Middlesex Water Co. Updates Executive Compensation & Governance — 8-K · Jan 23, 2024
  Middlesex Water Company filed an 8-K on January 23, 2024, to report changes in its executive compensation arrangements and potentially new director elections or
• State Street Corp Updates Middlesex Water Co. Stake as of 12/31/23 — SC 13G/A · Jan 22, 2024
  State Street Corporation, a major financial institution, filed an amended Schedule 13G/A on January 22, 2024, indicating its ownership of common stock in Middle
• BlackRock Updates Passive Stake in Middlesex Water Co — SC 13G/A · Jan 19, 2024
  BlackRock, Inc. filed an amended SC 13G/A on January 19, 2024, indicating its ownership of Common Stock in MIDDLESEX WATER CO as of December 31, 2023. This fili
• Middlesex Water Co. Files 8-K, Confirms NASDAQ Listing for MSEX — 8-K · Jan 17, 2024
  Middlesex Water Company filed an 8-K on January 17, 2024, to report an "Other Event." This filing primarily serves to update its registration information, confi
• First Trust Discloses Significant Stake in Middlesex Water Co. — SC 13G · Jan 12, 2024
  First Trust Portfolios L.P., along with First Trust Advisors L.P. and The Charger Corporation, filed an SC 13G on January 12, 2024, disclosing their collective

Risk Profile

Risk Assessment: Of MSEXP's 26 recent filings, 0 were flagged as high-risk, 4 as medium-risk, and 22 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Middlesex Water CO's most recent 10-Q filing (Oct 31, 2025):

• Revenue: $147.715M
• Net Income: $34.217M
• EPS: $1.90
• Debt-to-Equity: 0.73
• Cash Position: $3.384M
• Operating Margin: 29.2%
• Total Assets: $1.341B
• Total Debt: $357.796M

Key Executives

• David L. Schanzer
• Dennis Doll

Industry Context

The water utility sector is characterized by stable demand but faces increasing regulatory scrutiny and capital expenditure requirements. Companies like Middlesex Water Co. must balance essential service provision with significant investments in infrastructure upgrades and environmental compliance, particularly concerning emerging contaminants like PFAS. The industry is also subject to rate-setting by regulatory bodies, influencing profitability and investment capacity.

Top Tags

utility (5) · corporate-governance (5) · 10-Q (4) · governance (4) · amendment (4) · executive-compensation (4) · sec-filing (4) · institutional-ownership (4) · 8-K (3) · corporate-filing (3)

Key Numbers

• Net Income (Q3 2025): $13.958M — Decreased from $14.319M in Q3 2024, a 2.52% decline.
• Net Income (YTD Sep 2025): $34.217M — Decreased from $35.547M in YTD Sep 2024, a 3.74% decline.
• Operating Revenues (Q3 2025): $54.091M — Decreased from $55.100M in Q3 2024, a 1.83% decline.
• Operating Revenues (YTD Sep 2025): $147.715M — Increased from $144.770M in YTD Sep 2024, a 2.03% rise.
• Acquisition Cost: $4.6M — Cost to acquire water utility assets of the Town of Ocean View, Delaware.
• Initial PFAS Settlement Payment: $0.4M — Received from 3M Company in Q3 2025, net of fees.
• Additional PFAS Settlement Payment: $0.7M — Received in October 2025.
• Requested Rate Increase: 19.3% — Percentage increase in annual base revenues requested from NJBPU.
• RESIC Surcharge Limit: $3.8M — Maximum semi-annual recovery for qualifying capital investments under the Resiliency and Environmental System Improvement Charge program.
• Common Shares Outstanding: 18,337,819 — As of October 30, 2025.
• Net Income: $15.2M — Increased 8.5% for Q2 2025 compared to Q2 2024
• Total Operating Revenues: $48.5M — Increased 6.8% for Q2 2025 compared to Q2 2024
• Net Income (Six Months): $28.1M — Increased 7.3% for the six months ended June 30, 2025
• Total Operating Revenues (Six Months): $92.1M — Increased 5.9% for the six months ended June 30, 2025
• Common Stock Shares Outstanding: 18,016,640 — As of July 29, 2025, indicating stable share count

Forward-Looking Statements

• {"claim":"Vanguard will maintain a significant stake in Middlesex Water Co. for the foreseeable future.","entity":"The Vanguard Group","targetDate":"2025-12-31","confidence":"high"}
• {"claim":"Middlesex Water Co. will continue to be a stable, dividend-paying utility stock.","entity":"Middlesex Water Co.","targetDate":"2025-12-31","confidence":"medium"}

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