Essential Utilities Inc (NYSE:WTRG)
$ 37.23 0.12 (0.32%) Market Cap: 10.18 Bil Enterprise Value: 17.19 Bil PE Ratio: 17.64 PB Ratio: 1.67 GF Score: 86/100

Essential Utilities Inc Annual Shareholders Meeting Transcript

May 06, 2020 / 12:00PM GMT
Release Date Price: $40.67 (-3.10%)
Operator

Good morning, ladies and gentlemen. And welcome to the Essential Utilities Virtual Annual Shareholder Meeting. At this time, the meeting will begin and it is my pleasure to turn the floor over to your host, Chris Franklin. Sir, the floor is yours.

Christopher H. Franklin
Essential Utilities, Inc. - Chairman, President & CEO

Thank you, Paul, and good morning. Welcome to the Annual Shareholder Meeting of Essential Utilities, formerly Aqua America. Thank you for joining us today.

Last year, you may recall that we held this meeting in Richmond, Virginia. And this year, we were planning to hold the meeting in Pittsburgh, Pennsylvania at the headquarters of Peoples Natural Gas, which we acquired in March of this year. But due to the COVID-19 pandemic, we've shifted this meeting to be completely virtual so that shareholders can safely attend the annual meeting. I hope you find the virtual experience to be useful, and I appreciate your participation.

You may recall that we announced the acquisition of Peoples back in October of 2018. We spent

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