Essential Utilities Inc
WTRG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| W@ | LOCK|HHyPB | LOCK|$d$B>vd |
Essential Turns Toward Organic Growth Investments
Business Strategy and Outlook
For more than 50 years, Essential Utilities—formerly Aqua America—was one of the few pure-play water utilities in the United States. But its $4.3 billion acquisition of Peoples Natural Gas in March 2020 made the company nearly 50% larger and diversified its earnings mix.
