Newsroom

Press Releases

Read the latest news and press releases about Essential and its utilities subsidiaries below.

03 Aug 2005

Aqua America Reports Net Income Increased 24 Percent for Second Quarter 2005; Board of Directors Increase Dividend by 10 Percent and Announce Four-for-Three Stock Split

BRYN MAWR, Pa., Aug 03, 2005 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) today reported net income for the quarter ended June 30, 2005 grew to $22.2 million, a 24 percent increase from $17.9 million in the second quarter of 2004. Diluted earnings per share for the quarter increased to $0.23,

02 Aug 2005

Aqua America Announces a 10 Percent Cash Dividend Increase and a Four-for-Three Stock Split Payable December 1, 2005; Fifteenth Cash Dividend Increase in 14 Years; Sixth Stock Split in Nine Years

BRYN MAWR, Pa., Aug 02, 2005 (BUSINESS WIRE) -- The Aqua America (NYSE:WTR) Board of Directors today declared a 10 percent cash dividend increase to its quarterly dividend from $0.13 per share to $0.1425 per share for the December 1, 2005 dividend. This increase is equivalent to $0.05 above its

27 Jul 2005

Aqua America to Broadcast Investor Conference Live

BRYN MAWR, Pa., Jul 27, 2005 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) today invited investors to join the live Webcast of its Investor Conference on Tuesday, August 9, 2005, from 12:30 p.m. to approximately 2:00 p.m. EDT. The conference will be held at the Grand Hyatt New York Hotel in New

20 Jul 2005

Aqua America to Report Earnings for Second Quarter 2005

BRYN MAWR, Pa., Jul 20, 2005 (BUSINESS WIRE) -- Aqua America expects to report earnings for the quarter ending June 30, 2005 on August 3, 2005. The company's conference call with analysts will take place on Wednesday, August 3, 2005 at 10:00 a.m. Eastern Daylight Time.

20 Jul 2005

Aqua America Subsidiary Acquires Five Utility Systems for $1.6 Million in Luzerne County, Pennsylvania; Major Capital Improvements Planned to Fix Troubled Water, Sewer Operations

BRYN MAWR, Pa., Jul 20, 2005 (BUSINESS WIRE) -- Aqua America, Inc. announced that its subsidiary, Aqua Pennsylvania Inc. (Aqua), has acquired four water systems and one wastewater system from the Chapter 11 Bankruptcy Estate of Wilbar Realty, Inc., a utility company that filed for bankruptcy in

30 Jun 2005

Aqua America Expands Footprint in Second Quarter with Six Acquisitions

BRYN MAWR, Pa., Jun 30, 2005 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) announced today that it completed six acquisitions in three states during the second quarter of 2005. Coupled with the company's nine purchases in the first quarter, Aqua America added 15 water and wastewater systems to

27 Jun 2005

Aqua America Chairman Expresses Concern over New Wave of Non-Utility Buyers

BRYN MAWR, Pa., Jun 27, 2005 (BUSINESS WIRE) -- Aqua America, Inc. (NYSE:WTR) Chairman and Chief Executive Officer Nicholas DeBenedictis today cautioned regulators about the growing presence of private-equity funds in the regulated utility market. He made the remarks at the 10th annual convention