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Press Releases

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

13 Sep 2005

Aqua America Subsidiary Acquires Water and Sewer Systems in North Carolina; Company Makes First Entry Into Pender County

BRYN MAWR, Pa., Sep 13, 2005 (BUSINESS WIRE) -- Aqua America Inc. (NYSE:WTR) announced today that its North Carolina subsidiary recently acquired the water and wastewater systems for the Castle Bay development near Hampstead, representing the company's first operation in Pender County.

19 Aug 2005

Aqua America Subsidiary Adds Another Water System in Luzerne County, Pennsylvania

BRYN MAWR, Pa., Aug 19, 2005 (BUSINESS WIRE) -- Aqua America, Inc.(NYSE:WTR) announced today that its subsidiary, Aqua Pennsylvania, Inc. (Aqua) has acquired the water system assets of Meadowcrest Water Company in Luzerne County. Aqua purchased the system, which serves approximately 1,100 residents

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