Nov 5, 4:40 PM ET
Essential Utilities disclosed that American Water, Essential Utilities and their affiliates filed a Stipulation of Settlement with the New Jersey Board of Public Utilities (NJBPU) on November 2, 2026, in the proceeding to approve the proposed merger. The stipulation was entered into with all parties, including NJBPU staff and the New Jersey Division of Rate Counsel, and is subject to review and approval by the NJBPU. The filing shows progress on regulatory approval, but the merger still requires the NJBPU's approval before it can proceed.
- Stipulation of Settlement filed November 2, 2026, with all parties in the NJBPU proceeding
- Stipulation posted to the NJBPU website as of November 5, 2026, and remains subject to NJBPU review and approval
- Merger agreement with American Water was signed October 26, 2025; Essential Utilities would become a wholly owned subsidiary
Read the filing on SEC.gov ↗
Nov 5, 4:17 PM ET
Essential Utilities filed an 8-K furnishing American Water's unaudited financial statements for the quarter and nine months ended September 30, 2026, as Exhibit 99.1. The filing is tied to the pending merger under which Essential would become a wholly owned subsidiary of American Water, and the merger has not yet closed.
- American Water third-quarter 2026 operating revenues were $1,510 million, up from $1,451 million a year earlier.
- Third-quarter net income attributable to common shareholders was $387 million, compared with $379 million, with diluted EPS of $1.94 in both periods.
- Nine-month diluted EPS was $4.56 versus $4.47, and the merger remains subject to customary closing conditions, including regulatory approvals.
Read the filing on SEC.gov ↗
Nov 4, 9:37 AM ET
Essential Utilities reported third-quarter 2026 GAAP net income of $103.8 million, or $0.36 per diluted share, up from $92.1 million, or $0.33, a year earlier, on revenue of $508.3 million, up 6.6%. For the first nine months, net income fell to $434.0 million, or $1.53 per share, from $483.7 million, or $1.73, even though revenue rose 7.1%. The company still expects its pending merger with American Water to close in the first quarter of 2027.
- Q3 2026 GAAP diluted EPS was $0.36 versus $0.33; adjusted EPS was $0.38, excluding merger-related costs of $4.9 million (pre-tax).
- Nine-month 2026 net income was $434.0 million, or $1.53 per share, versus $483.7 million, or $1.73 per share, in the same period of 2025; merger-related expenses were $22.5 million.
- Board declared a quarterly dividend of $0.3606 per share, payable December 1, 2026, to holders of record on November 10, 2026.
- Essential invested about $1.1 billion in infrastructure in the first nine months of 2026 and is on track to invest $1.7 billion in 2026.
Read the filing on SEC.gov ↗
Aug 5, 10:48 AM ET
Essential Utilities reported second-quarter 2026 revenue of $530.9 million, up 3% from a year earlier, while GAAP net income fell to $105.7 million, or $0.37 per share, from $107.8 million, or $0.38 per share. The company affirmed its 5% to 7% long-term earnings per share growth guidance and said it expects the pending merger with American Water to close in the first quarter of 2027.
- Q2 2026 revenue was $530.9 million versus $514.9 million in Q2 2025; GAAP EPS was $0.37 versus $0.38, and adjusted EPS, which excludes merger costs, was $0.38.
- Guidance affirmed: long-term EPS growth of 5% to 7% compound annual rate and $1.7 billion of 2026 infrastructure investment.
- Quarterly dividend increased 5.25% to $0.3606 per share, payable September 1, 2026, to holders of record on August 11, 2026.
- Virginia State Corporation Commission approved the American Water merger on June 22, 2026; Ohio approved it on May 14, 2026.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.