Craig Blanchette - Essential Utilities President - Aqua Texas

WTRG Stock  USD 37.73  1.16  3.17%   

Insider

Craig Blanchette is President - Aqua Texas of Essential Utilities since 2022.
Tenure 2 years
Address 762 West Lancaster Avenue, Bryn Mawr, PA, United States, 19010-3489
Phone610 527 8000
Webhttps://www.essential.co

Essential Utilities Management Efficiency

The company has return on total asset (ROA) of 0.0266 % which means that it generated a profit of $0.0266 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0987 %, meaning that it created $0.0987 on every $100 dollars invested by stockholders. Essential Utilities' management efficiency ratios could be used to measure how well Essential Utilities manages its routine affairs as well as how well it operates its assets and liabilities. The Essential Utilities' current Return On Tangible Assets is estimated to increase to 0.04. The Essential Utilities' current Return On Capital Employed is estimated to increase to 0.08. At this time, Essential Utilities' Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Essential Utilities' current Other Current Assets is estimated to increase to about 516.6 M, while Net Tangible Assets are projected to decrease to roughly 3.2 B.
The company currently holds 7.05 B in liabilities with Debt to Equity (D/E) ratio of 1.17, which is about average as compared to similar companies. Essential Utilities has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Essential Utilities until it has trouble settling it off, either with new capital or with free cash flow. So, Essential Utilities' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Essential Utilities sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Essential to invest in growth at high rates of return. When we think about Essential Utilities' use of debt, we should always consider it together with cash and equity.

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Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania. Essential Utilities operates under UtilitiesRegulated Water classification in the United States and is traded on New York Stock Exchange. It employs 3211 people. Essential Utilities (WTRG) is traded on New York Stock Exchange in USA. It is located in 762 West Lancaster Avenue, Bryn Mawr, PA, United States, 19010-3489 and employs 3,258 people. Essential Utilities is listed under Water Utilities category by Fama And French industry classification.

Management Performance

Essential Utilities Leadership Team

Elected by the shareholders, the Essential Utilities' board of directors comprises two types of representatives: Essential Utilities inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Essential. The board's role is to monitor Essential Utilities' management team and ensure that shareholders' interests are well served. Essential Utilities' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Essential Utilities' outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Fox, Executive Vice President and Chief Operating Officer
Elizabeth Amato, Independent Director
Christina Kelly, Senior Officer
Whitney Kellett, Senior Officer
Ellen Ruff, Independent Director
Matthew Rhodes, Executive Vice President - Strategy and Corporate Development
Daniel Schuller, Executive Vice President and Chief Financial Officer
Kimberly Joyce, VP Secretary
Kim Edvardsson, Vice President - Finance for Peoples
Dave Kralle, Chief Staff
Daniel Hilferty, Lead Independent Director
Shannon Becker, President Carolina
Jeanne Russo, VP Communications
Colleen Arnold, President Water
Robert Rubin, Senior Vice President, Controller and Chief Accounting Officer
Christopher Franklin, Chairman of the Board, President, Chief Executive Officer
David Ciesinski, Independent Director
Bob Ervin, President - Aqua Illinois
Robert Davis, President - Aqua Ohio Water and Wastewater Utility
Francis Idehen, Independent Director
Brian Dingerdissen, Vice Treasurer
Wendy Franks, Independent Director
PE II, President Virginia
Susan Haindl, Sr Officer
Craig Blanchette, President - Aqua Texas
Christopher Luning, Executive Vice President, General Counsel, Secretary
Edwina Kelly, Independent Director
Christopher Crockett, Safety Environmental
Sumit Nair, VP Officer
Michael Huwar, President Gas
Christopher Womack, Independent Director
Lee Stewart, Independent Director

Essential Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Essential Utilities a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Essential Utilities is a strong investment it is important to analyze Essential Utilities' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Essential Utilities' future performance. For an informed investment choice regarding Essential Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Essential Utilities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Essential Stock please use our How to Invest in Essential Utilities guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Essential Utilities' price analysis, check to measure Essential Utilities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Essential Utilities is operating at the current time. Most of Essential Utilities' value examination focuses on studying past and present price action to predict the probability of Essential Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essential Utilities' price. Additionally, you may evaluate how the addition of Essential Utilities to your portfolios can decrease your overall portfolio volatility.
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Is Essential Utilities' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Essential Utilities. If investors know Essential will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Essential Utilities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.347
Dividend Share
1.208
Earnings Share
2.11
Revenue Per Share
7.197
Quarterly Revenue Growth
(0.16)
The market value of Essential Utilities is measured differently than its book value, which is the value of Essential that is recorded on the company's balance sheet. Investors also form their own opinion of Essential Utilities' value that differs from its market value or its book value, called intrinsic value, which is Essential Utilities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Essential Utilities' market value can be influenced by many factors that don't directly affect Essential Utilities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Essential Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Essential Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essential Utilities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.