HighGravityDataEssential Utilities — May 12, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001552781-25-000176
Showing in the filing
Multiyear plan for finished water PFAS compliance
“does not exceed the federal maximum contaminant level of the six EPA-regulated PFAS chemicals”
Period
The long term
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 16
Diluted earnings per share for FY2025
“$2.07 to $2.11”
Quarterly cash dividend for FY2025
“$0.3255 per share”
Quarterly cash dividend
“$0.3255 per share of common stock”
Long-term earnings per share growth rate for the long term
“compounded annual growth rate of 5 to 7% from the adjusted 2024 earnings per share of $1.97 (Non-GAAP)”
Long-term earnings per share compounded annu… for the long term
“5 to 7%”
Regulated infrastructure investments for FY2025
“$1.4 to $1.5 billion”
Regulated infrastructure investments for FY2029
“approximately $7.8 billion”
Regulated water segment rate base compounded… for FY2029
“approximately 6%”
Regulated natural gas segment rate base comp… for FY2029
“approximately 11%”
Combined regulated utility rate base compoun… for FY2029
“over 8%”
Regulated water customer base (equivalent dw… for the long term
“between 2 and 3%”
Regulated natural gas customer base for FY2025
“stable”
Equity raise via ATM program for FY2027
“expects to raise equity via its ATM program”
Equity raised via ATM program for FY2025
“approximately $315 million”
Reduction of Scope 1 and Scope 2 greenhouse … for FY2035
“60%”
Multiyear plan for finished water PFAS compl… for the long term
“does not exceed the federal maximum contaminant level of the six EPA-regulated PFAS chemicals”
Exhibit 99.1 · the passage around this item
… earlier in the release
To date in 2025, the company
has issued approximately $210 million of equity using its ATM.
· Reduction
of Scope 1 and Scope 2 greenhouse gas emissions by 60% by 2035 from the company’s
2019 baseline.
· Multiyear
plan to ensure that finished water does not exceed the federal maximum contaminant level
of the six EPA-regulated PFAS chemicals.
Essential reaffirms its commitment
to substantially reduce Scope 1 and 2 greenhouse gas emissions by 2035. The company plans to achieve these reductions through
extensive gas pipeline replacement, the purchase of renewable energy, accelerated methane leak detection and repair, and various
other planned initiatives. Essential continues to be an industry leader regarding water quality with its commitment to test and
treat for six regulated PFAS chemicals across all states served by its regulated water segment. The company reaffirms its commitment
to providing finished water that will meet the EPA timelines and standards
Guidance Assumptions
Essential Utilities does not
guarantee future results of any kind. Guidance is subject to risks and uncertainties, including, without limitation, those factors
outlined in the “Forward Looking Statements” of this release and the “Risk Factors” section of the company’s
annual and quarterly reports filed with the Securities and Exchange Commission. The earnings per share, infrastructure investment,
and rate base guidance include the signed municipal water and wastewater acquisitions for which the company has entered into s
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.