Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0.0116607773851589 0.00777385159010597
Stock impact report

Essential Utilities Believes New Virginia Fair Market Value Legislation for Water Utilities Benefits Municipalities and Customers

Essential Utilities, Inc. (WTRG) 
Last essential utilities, inc. earnings: 2/26 05:01 pm Check Earnings Report
Company Research Source: Business Wire
BRYN MAWR, Pa.--(BUSINESS WIRE)--Essential Utilities Inc. (NYSE: WTRG) today said new legislation in Virginia will allow regulated water utilities to pay a fair market value for the purchase of water and wastewater systems, benefiting local governments, customers and the environment. Before these changes, system values were determined by their depreciated original cost, which generally did not reflect a reasonable market value for those assets.Essential Chairman and CEO Christopher Franklin stated that the new legislation provides a compelling option for Virginia municipalities that face the challenges and costs of maintaining and operating water and wastewater utilities. Essential’s Aqua Virginia water utility provides water and wastewater service to about 80,000 people in 37 counties statewide.“Fair market value legislation will allow Aqua Virginia to offer solutions to municipalities to help them meet ever-increasing health and environmental standards and the costs of replacing Show less Read more
Impact Snapshot
Event Time:
WTRG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
WTRG alerts

from News Quantified
Opt-in for
WTRG alerts

from News Quantified