RENEW aims for completion in 8-9 months, with road restoration in spring 2025. While minimizing traffic disruptions, temporary service outages may occur, communicated in advance. Meter pits will also be installed for exterior meter placement, enhancing convenience and safety. About Middlesex Water Company ISELIN, N.J., June 06, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (Middlesex) is launching a $9.7 million project to upgrade Woodbridge, New Jersey's drinking water infrastructure. Starting in June 2 ...

The entire listing of streets with planned upgrades, scope of project, along with weekly progress updates will be available on www.waterfortomorrowmwc.com/renew, with lead initiative details at www.middlesexwater.com/customer-care/get-the-lead-out. Established in 1897, Middlesex Water Company (NASDAQ:MSEX) serves as a trusted provider of lifesustaining high quality water service for residential, commercial, industrial and fire protection purposes. The Company and its subsidiaries form the Middlesex family o ...

ISELIN, N.J., May 30, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water, wastewater and related utility services, is pleased to announce that its Chairman of the Board, Dennis W. Doll, has been honored with the Distinguished Service Award from the New Jersey Utilities Association (NJUA) at its 2024 Annual Conference. Doll, who served as past Chairman of NJUA, was honored for his 35 years of industry service and leadership. Dennis Doll joined Middlesex Water as Executive Vic ...

ISELIN, N.J., May 30, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water, wastewater and related utility services, is pleased to announce that its Chairman of the Board, Dennis W. Doll, has been honored with the Distinguished Service Award from the New Jersey Utilities Association (NJUA) at its 2024 Annual Conference. Doll, who served as past Chairman of NJUA, was honored for his 35 years of industry service and leadership. Dennis Doll joined Middlesex Water as Executive Vic ...

About Middlesex Water Company ISELIN, N.J., May 22, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of water and wastewater and related services held its Annual Meeting of Shareholders exclusively online on May 21, 2024 at which shareholders re-elected Kim C. Hanemann and Ann L. Noble and elected Nadine Leslie (Class I Directors) each to a three-year term and re-elected Dennis W. Doll (Class II Director) to a one-year term. Shareholders also approved a non-binding advisory resolut ...

During the meeting, officers discussed the Company's financial results, capital investment initiatives, finance activity plans, as well as operations highlights including major treatment plant upgrades in New Jersey, capital investments in Delaware, governance and sustainability. An audio webcast of the Middlesex Water Annual Meeting of Shareholders will be archived for one year at www.virtualshareholdermeeting.com/MSEX2024 ISELIN, N.J., May 22, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) ...

Middlesex Water (MSEX) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 31.11%. A quarter ago, it was expected that this water utility would post earnings of $0.46 per share when it actually produced earnings of $0.32, delivering a surprise of -30.43%.Over the last four quarters, the c ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) Commission File Number 0-422 MIDDLESEX WATER COMPANY (Exact name of registrant as specified in its charter) New Jersey 22-1114430 (State of incorporation) (IRS employer identification no.) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Fo ...

Financial Performance - First Quarter 2024 net income increased to $10.7 million, up 82.1% from $5.9 million in 2023[3] - Diluted earnings per share for Q1 2024 were $0.59, a 78.8% increase compared to $0.33 in the same period last year[7] - Quarterly consolidated operating revenues rose to $40.5 million, reflecting a 6.2% increase from $38.2 million in Q1 2023[7] Operating Expenses and Investments - Operating expenses for Q1 2024 were $30.7 million, slightly down from $30.7 million in Q1 2023, with a focus on enhanced water treatment processes[13] - The company plans to continue its capital investment strategy, with the 2024 Capital Investment Plan on schedule[7] - The company emphasizes infrastructure investments and technology improvements to enhance service quality and reliability[6] Revenue Growth Factors - The New Jersey Board of Public Utilities approved a base rate increase effective March 1, 2024, contributing to revenue growth[4] - Increased revenues in the Middlesex System by $1.6 million due to the approved base rate increase and higher commercial customer billings[4] - Revenues in the Delaware system increased by $0.8 million due to more customer connections and heightened demand[4] Dividends - A quarterly cash dividend of $0.325 per common share has been declared, payable on June 3, 2024[8]

ISELIN, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX) has announced that its Board of Directors has declared a cash dividend of $0.325 per share on its common stock, payable June 3, 2024 to shareholders of record as of May 15, 2024. Middlesex Water Company has paid cash dividends in varying amounts continually since 1912. Middlesex Water provides regulated and unregulated water and wastewater utility services primarily in New Jersey and Delaware through various subsidiary co ...