Essential Utilities Files Q3 2024 10-Q
Ticker: WTRG · Form: 10-Q · Filed: 2024-11-06T00:00:00.000Z
Sentiment: neutral
Topics: utility, 10-Q, financials
Related Tickers: WTRG
TL;DR
**Essential Utilities (WTRG) Q3 10-Q filed. Water utility updates inside.**
AI Summary
Essential Utilities, Inc. filed its 10-Q for the period ending September 30, 2024. The company, formerly known as Aqua America Inc., operates in the water supply industry and is incorporated in Pennsylvania. The filing covers the third quarter of 2024 and provides financial and operational updates.
Why It Matters
This filing provides investors with the latest financial performance and operational details for Essential Utilities, a key player in the water utility sector.
Risk Assessment
Risk Level: low — As a regulated utility, Essential Utilities operates in a stable industry with predictable revenue streams, generally leading to lower investment risk.
Key Numbers
- 2024-09-30 — Reporting Period End (The 10-Q covers financial and operational data up to this date.)
- 2024-11-06 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Essential Utilities, Inc. (company) — Filer
- Aqua America Inc. (company) — Former company name
- Philadelphia Suburban Corp (company) — Former company name
- PA (state) — State of incorporation
- 20240930 (date) — Reporting period end date
FAQ
What is the primary business of Essential Utilities, Inc.?
Essential Utilities, Inc. is primarily engaged in the water supply industry, as indicated by its SIC code 4941.
When was the company formerly known as Aqua America Inc.?
The company changed its name from Aqua America Inc. on January 20, 2004.
What is the fiscal year end for Essential Utilities?
The fiscal year end for Essential Utilities is December 31.
In which state is Essential Utilities incorporated?
Essential Utilities, Inc. is incorporated in Pennsylvania (PA).
What is the filing date of this 10-Q report?
This 10-Q report was filed on November 6, 2024.
From the Filing
0001562762-24-000258.txt : 20241106 0001562762-24-000258.hdr.sgml : 20241106 20241106144951 ACCESSION NUMBER: 0001562762-24-000258 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 81 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241106 DATE AS OF CHANGE: 20241106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Essential Utilities, Inc. CENTRAL INDEX KEY: 0000078128 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 231702594 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-06659 FILM NUMBER: 241430350 BUSINESS ADDRESS: STREET 1: 762 W. LANCASTER AVE CITY: BRYN MAWR STATE: PA ZIP: 19010-3489 BUSINESS PHONE: 610-527-8000 MAIL ADDRESS: STREET 1: 762 W. LANCASTER AVE CITY: BRYN MAWR STATE: PA ZIP: 19010-3489 FORMER COMPANY: FORMER CONFORMED NAME: AQUA AMERICA INC DATE OF NAME CHANGE: 20040120 FORMER COMPANY: FORMER CONFORMED NAME: PHILADELPHIA SUBURBAN CORP DATE OF NAME CHANGE: 19920703 10-Q 1 wtrg-20240930x10q.htm 10-Q wtrg-20240930x10q false --12-31 Q3 0000078128 Yes Yes P3Y 0000078128 wtrg:AtMarketSalesAgreements2024Member 2024-09-30 0000078128 stpr:NC 2023-02-28 0000078128 wtrg:WaterMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember wtrg:PerformanceShareUnitsMember 2024-01-01 2024-09-30 0000078128 srt:MaximumMember wtrg:PerformanceShareUnitsMember 2024-01-01 2024-09-30 0000078128 2019-09-03 2019-09-03 0000078128 wtrg:NorthVersaillesPennsylvaniaMember wtrg:WaterAndWastewaterUtilitySystemsMember 2023-12-01 2023-12-31 0000078128 stpr:TX 2023-09-28 2023-09-28 0000078128 srt:MinimumMember us-gaap:StateAndLocalJurisdictionMember 2024-01-01 2024-09-30 0000078128 srt:MaximumMember us-gaap:StateAndLocalJurisdictionMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember us-gaap:StateAndLocalJurisdictionMember 2023-01-01 2023-09-30 0000078128 srt:MaximumMember us-gaap:StateAndLocalJurisdictionMember 2023-01-01 2023-09-30 0000078128 wtrg:PennsylvaniaAndIllinoisMember wtrg:WastewaterMember 2024-09-30 0000078128 stpr:OH wtrg:WaterMember 2024-09-30 0000078128 stpr:KY wtrg:NaturalGasMember 2024-09-30 0000078128 stpr:PA wtrg:NaturalGasMember 2024-09-12 0000078128 wtrg:AquaPennsylvaniaIncMember 2023-01-01 2023-01-31 0000078128 srt:MinimumMember wtrg:UnsecuredNotesBMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember wtrg:NotesGMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember wtrg:LongTermDebtOfSubsidiariesZeroPointZeroZeroPercentageToZeroPointNineNinePercentageMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember wtrg:LongTermDebtOfSubsidiariesTwoPointZeroZeroPercentageToTwoPointNineNinePercentageMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember wtrg:LongTermDebtOfSubsidiariesThreePointZeroZeroPercentageToThreePointNineNinePercentageMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember wtrg:LongTermDebtOfSubsidiariesSixPointZeroZeroPercentageToSixPointNineNinePercentageMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember wtrg:LongTermDebtOfSubsidiariesSevenPointZeroZeroPercentageToSevenPointNineNinePercentageMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember wtrg:LongTermDebtOfSubsidiariesOnePointZeroZeroPercentageToOnePointNineNinePercentageMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember wtrg:LongTermDebtOfSubsidiariesFourPointZeroZeroPercentageToFourPointNineNinePercentageMember 2024-01-01 2024-09-30 0000078128 srt:MinimumMember wtrg:LongTermDebtOfSubsidiariesFivePointZeroZeroPercentageToFivePointNineNinePercentageMember 2024-01-01 2024-09-30 0000078128 srt:MaximumMember wtrg:UnsecuredNotesBMember 2024-01-01 2024-09-30 0000078128 srt:MaximumMember wtrg:NotesGMember 2024-01-01 2024-09-30 0000078128 srt:MaximumMember wtrg:LongTermDebtOfSubsidiariesZeroPointZeroZeroPercentageToZeroPointNineNinePercentageMember 2024-01-01 2024-09-30 0000078128 srt:MaximumMember wtrg:LongTermDebtOfSubsidiariesTwoPointZeroZeroPercentageToTwoPointNineNinePercent