Group 1 - The article discusses the author's long position in the shares of YORW and VEOEY, indicating a positive outlook on these companies [1] - It emphasizes the importance of conducting due diligence and research before making any investment decisions, particularly in high-risk trading styles [2] - The article clarifies that past performance is not indicative of future results and that no specific investment recommendations are provided [3]

Core Viewpoint - Middlesex Water Company (MSEX) is positioned as a strong investment option in the utility sector due to its strategic investments and acquisitions aimed at future growth and customer base expansion [1] Group 1: Growth Projections - The Zacks Consensus Estimate for 2025 earnings per share (EPS) has increased by 4.5% over the past 90 days to $2.53 [2] - The estimated revenues for 2025 are projected at $200 million, reflecting a year-over-year increase of 4.2% [2] - MSEX's long-term earnings growth rate is forecasted at 6.1%, with an average earnings surprise of 11% over the last four quarters [2] Group 2: Debt Position - Middlesex Water's total debt to capital ratio stands at 44.34%, which is better than the industry average of 56.04% [3] - The time-to-interest earned ratio was 4.7 at the end of Q1 2025, indicating the company's strong ability to meet future interest obligations [3] Group 3: Dividend History - The company has consistently paid dividends, raising them for 52 consecutive years [4] - The current quarterly dividend is 34 cents per share, leading to an annualized dividend of $1.36 and a dividend yield of 2.37%, surpassing the S&P 500 composite's yield of 1.25% [4] Group 4: Strategic Investments and Acquisitions - Middlesex Water plans to invest approximately $387 million in water and wastewater infrastructure over the next three years to enhance reliability and service [5] - In April 2025, MSEX's unit Tidewater Utilities, Inc. acquired water assets from the Town of Ocean View for $4.6 million, adding 900 customers to its base [6] Group 5: Stock Price Performance - Year-to-date, Middlesex Water has returned 9.1%, outperforming the sector's growth of 8.1% [7]

Company Overview - Middlesex Water (MSEX) is a water utility company headquartered in Iselin, operating in the Utilities sector [3] - The stock has experienced a price change of 9.96% since the beginning of the year [3] Dividend Information - Middlesex Water currently pays a dividend of $0.34 per share, resulting in a dividend yield of 2.35% [3] - The company's annualized dividend of $1.36 has increased by 3.4% from the previous year [4] - Over the past five years, Middlesex Water has raised its dividend five times, averaging an annual increase of 6.15% [4] - The current payout ratio is 56%, indicating that the company pays out 56% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Middlesex Water's earnings per share for 2025 is $2.53, reflecting a year-over-year growth rate of 2.43% [5] Investment Appeal - Middlesex Water is considered an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [7] - The company is positioned well compared to the Utility - Water Supply industry's yield of 2.46% and the S&P 500's yield of 1.56% [3]

Group 1 - Middlesex Water Company has appointed Nadine Leslie as Chair of the Board, succeeding Dennis W. Doll after his 20-year tenure [1][2] - Amy Mansue has been named as the Lead Independent Director to enhance the Board's independence and governance oversight [2] - Nadine Leslie has over 30 years of leadership experience in the regulated utility industry and previously served as CEO of SUEZ North America [2] Group 2 - Middlesex Water Company is a premier investor-owned water and wastewater utility, serving over half a million people in New Jersey and Delaware [4] - The company emphasizes employee engagement, operational excellence, superior customer experience, and sustainable growth to deliver value [4]

Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Middlesex Water (MSEX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.Middlesex Water is one of 106 individual stocks in the Utilities sector. Collectively, these comp ...

Core Viewpoint - Middlesex Water (MSEX) reported quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.55 per share, and down from $0.59 per share a year ago, indicating an earnings surprise of -3.64% [1] Financial Performance - The company posted revenues of $44.3 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.48%, compared to $40.52 million in the same quarter last year [2] - Over the last four quarters, Middlesex Water has exceeded consensus revenue estimates four times [2] Stock Performance - Middlesex Water shares have increased by approximately 19.9% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for it to outperform the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.70 on revenues of $52 million, and for the current fiscal year, it is $2.53 on revenues of $199 million [7] - The estimate revisions trend for Middlesex Water is favorable ahead of the earnings release, which may influence future stock movements [5][6] Industry Context - The Utility - Water Supply industry is currently ranked in the top 32% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]

For the transition period from _________________ to______________________ Commission File Number 0-422 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 MIDDLESEX WATER COMPANY (Exact name of registrant as specified in its charter) New Jerse ...

Core Viewpoint - Middlesex Water Company reported a decrease in net income and diluted EPS for Q1 2025 compared to the same period in 2024, primarily due to a one-time recovery in the previous year, despite growth in operating revenue and customer base [2][3]. Financial Performance - Net income for Q1 2025 was $9.5 million, with diluted EPS of $0.53, down from $10.7 million and $0.59 in Q1 2024 [2][9]. - Operating revenue increased to $44.3 million, up $3.8 million from $40.5 million in the same quarter last year, driven by rate increases, higher consumption, and customer growth [3][14]. - Operating expenses rose to $32.7 million, an increase of approximately $2.0 million from $30.7 million in Q1 2024, mainly due to higher variable production costs and increased weather-related main break activity [4][14]. Growth Initiatives - The company completed the acquisition of Ocean View water utility assets for approximately $4.6 million, expanding its customer base by serving around 900 customers in Sussex County, Delaware [5][9]. - Middlesex plans to invest approximately $93 million in 2025 to upgrade and enhance its water and wastewater utility infrastructure, having already invested about $19 million in Q1 2025 [7][11]. Rate Applications and Revenue - Middlesex filed a third Distribution System Improvement Charge (DSIC) rate application expected to generate $1.9 million in annual revenues starting June 2025, in addition to existing revenues from previous DSIC filings [6][11]. Dividend Declaration - The Board of Directors declared a second quarter cash dividend of $0.34 per common share, to be paid on June 2, 2025, marking 52 consecutive years of dividend increases [10][11].

Exhibit 99.1 Middlesex Water Company Reports First Quarter 2025 Earnings ISELIN, N.J., May 1, 2025 -- Middlesex Water Company ("Middlesex" or the "Company") (NASDAQ: MSEX) today announced financial results for the first quarter ended March 31, 2025. "We are excited to welcome Ocean View residents as our customers," said Nadine Leslie, President and Chief Executive Officer of Middlesex Water Company. "With the completion of the Ocean View acquisition, we are demonstrating our focus on selective and sustainab ...

Company Overview - Middlesex Water (MSEX) is a utility stock headquartered in Iselin, with a price change of 17.77% year-to-date [3] - The company currently pays a dividend of $0.34 per share, resulting in a dividend yield of 2.19%, which is slightly below the Utility - Water Supply industry's yield of 2.36% and above the S&P 500's yield of 1.66% [3] Dividend Performance - The annualized dividend of Middlesex Water is $1.36, reflecting a 3.4% increase from the previous year [4] - Over the last five years, the company has increased its dividend five times, achieving an average annual increase of 6.15% [4] - The current payout ratio stands at 55%, indicating that the company pays out 55% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - For the fiscal year 2025, the Zacks Consensus Estimate predicts earnings of $2.53 per share, representing a 2.43% increase from the previous year [5] Investment Appeal - Middlesex Water is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 1 (Strong Buy) [7]