Essential Utilities

Essential Utilities is a utility holding company that provides essential services such as water, wastewater, and natural gas to approximately 5 million people across 10 states in the United States. The company was formerly known as Aqua America Inc. but changed its name to Essential Utilities in 2019 to reflect its growing diversification into other essential services.
The company's origins can be traced back to 1886 with the founding of the Springfield Water Company in Springfield, Pennsylvania. Since then, the company has grown through acquisitions and expansions to become one of the largest publicly traded water utilities in the country.
Essential Utilities has a strong commitment to sustainability and has been recognized for its efforts in reducing water loss and promoting responsible water usage. The company also actively invests in infrastructure upgrades to ensure the delivery of safe and reliable services to its customers.
Essential Utilities is listed on the New York Stock Exchange under the ticker symbol WTRG and is headquartered in Bryn Mawr, Pennsylvania. Its subsidiaries include Aqua Pennsylvania, Aqua Ohio, and Aqua North Carolina among others. The company is committed to providing essential services to its customers and has a strong track record of delivering shareholder value.

1. Longevity and History: Essential Utilities has a long history of providing essential services to communities since its founding in 1886. Over the years, it has built a strong reputation for reliability and customer service.
2. Diversified Portfolio: The company has a diversified portfolio of businesses, including water, wastewater, natural gas, and electric utility services. This allows it to mitigate risks and maintain stable earnings even during economic downturns.
3. Strong Market Presence: Essential Utilities operates in 10 states in the U.S., serving more than 5 million customers. It has a strong market presence in each of its service areas, making it a dominant player in the utilities industry.
4. Socially Responsible: The company places a strong emphasis on responsible environmental practices and supports community initiatives. It has also invested in renewable energy projects and is committed to reducing its carbon footprint.
5. Customer-Centric Approach: Essential Utilities puts customer satisfaction at the forefront of its operations. It consistently ranks high in customer service and offers several programs to help customers manage their utility bills.
6. Innovative Technologies: The company is continuously investing in new technologies to improve its operations and provide better services to its customers. For example, it has introduced smart water meters and natural gas leak detection systems.
7. Strong Financial Performance: Essential Utilities has a strong track record of financial performance, with consistent revenue growth and robust cash flow generation, making it a stable and reliable investment option.
8. Employee-Focused: The company values its employees and strives to create a positive and inclusive work environment. It offers competitive compensation, benefits, and training programs to attract and retain top talent.
9. Embracing Change: Essential Utilities is continuously evolving and adapting to the changing needs of its customers and the industry. It is proactively investing in infrastructure improvements and developing new services to meet the changing demands of the communities it serves.
10. Commitment to Shareholders: The company has a strong track record of delivering value to its shareholders through regular dividend payments and share repurchases. This demonstrates its commitment to creating long-term value for its investors.

The Essential Utilities company's business model is to acquire, own, and operate regulated utility businesses that provide essential services to customers, such as water, wastewater, natural gas, and electricity. They aim to deliver reliable and high-quality service to their customers while also ensuring financial stability and growth for their shareholders. This is done through continuous investment in the maintenance and improvement of infrastructure, strategic acquisitions, and responsible financial management. The company also values strong community relationships and environmental stewardship in its operations.

1. Essential Utilities is a water, wastewater, and natural gas utility company that serves more than 5 million people in 10 states in the United States.
2. The company was originally known as Aqua America Inc. and was founded in 1968 in Bryn Mawr, Pennsylvania.
3. Essential Utilities has over 130 years of experience in the utility industry, making it one of the oldest and most experienced companies in the sector.
4. In 2019, the company changed its name to Essential Utilities to better reflect its expanded services beyond just water utilities.
5. Essential Utilities is the second-largest publicly traded water utility company in the United States.
6. The company’s mission is to be the “most trusted, essential service provider in the communities we serve.”
7. Essential Utilities has earned a reputation for being a leader in water quality and conservation efforts, with more than 85% of its systems receiving awards for meeting or surpassing government regulations.
8. In addition to traditional utility services, Essential Utilities also offers renewable energy solutions, including solar and wind power, as part of its commitment to sustainability.
9. Essential Utilities is actively involved in philanthropic efforts, donating millions of dollars each year to support community organizations and initiatives.
10. In 2020, Essential Utilities was ranked as a “World’s Most Ethical Company” by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
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