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Essential Utilities reports Q2 growth as American Water merger nears completion

Essential Utilities logoEssential Utilities
Sig3.70Sen+0.60Env+1.40Soc+2.00Gov+2.30

Essential Utilities reported second-quarter results with revenue and dividend growth, though profits were described as quietly sliding. Regulated water revenue rose to $357.5M as regulators approved $43.9M in new annual water revenue and $12.7M for gas. The company also advanced customer expansion deals and a wastewater agreement, while its American Water merger cleared Virginia and Ohio regulators after shareholder approval.

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