HighGravityDataEssential Utilities — Jul 31, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001552781-25-000235
Showing in the filing
Equity raised via ATM program
“approximately $315 million”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 14
GAAP earnings per share vs. prior for FY2025
“above guidance range of $2.07-$2.11 due to non-recurring benefits”
Quarterly cash dividend
“$0.3426 per share of common stock, reflecting an increase of 5.25%”
Long-term earnings per share compounded annu… for the long term
“5 to 7%”
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 (or equivalent… for the long term
“between 2 and 3%”
Equity raised via ATM program for FY2027
“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”
Regulated infrastructure investments for FY2025
“$1.4 to $1.5 billion”
Regulated natural gas customer base for FY2025
“stable”
Exhibit 99.1 · the passage around this item
… earlier in the release
· The
regulated natural gas customer base of the business is expected to be stable for 2025.
· Through
2027, the company expects to raise equity via its ATM program. In 2025, the company expects
to raise a total of approximately $315 million in equity. To date in 2025, the company has
issued approximately $210 million of equity using its ATM.
· Anticipate
the 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, th
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.