| Essential Utilities is the holding company for regulated utilities providing water, wastewater, or natural gas services in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky. Co.'s market-based activities are conducted through Aqua Infrastructure, LLC (Aqua Infrastructure) and Aqua Resources Inc. (Aqua Resources). Aqua Infrastructure provides non-utility raw water supply services for firms in the natural gas drilling industry. Aqua Resources provide non-regulated water and wastewater services through an operating and maintenance contract; and third-party water and sewer service line protection and repair services. We show 8 historical shares outstanding datapoints in our WTRG shares outstanding history coverage, used to compute WTRG market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WTRG market cap history over the course of time is important for investors
interested in comparing WTRG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of WTRG versus a peer is one thing; comparing
WTRG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like WTRG can fluctuate over the course of history.
With this page we aim to empower investors researching WTRG by allowing them to research the WTRG market cap history.