16 articles about "Middlesex Water"
American Water was the runaway winner amongst the quoted US water utilities in 2011. What are the prospects for 2012?
A combination of high volume sales and a favourable regulatory environment helped quoted investor-owned water utilities to outperform in 2010. Concerns over the future stance of the California regulator took the shine off.
The City of Trenton in New Jersey voted resoundingly in a referendum on 15 June not to sell part of the city’s water assets to American Water for $80 million.
*Agbar subsidiary Aquagest Solutions has won a three-year contract to manage the commercial activities of Sedapal, which provides water and wastewater services to 8 million inhabitants in Lima, Peru. The contract, covering metering and customer relations, is Agbar’s first in the country.
Quoted US water utility stocks put on a somewhat lacklustre show last year, after 2008’s stellar outperformance. Analysts are predicting great things for 2010.
Robust performances at the three largest quoted US water utilities helped the sector to outperform in 2008. SouthWest Water, meanwhile, is fighting to maintain its Nasdaq listing.
* Aqua America rounded out 2007 with a flurry of acquisition announcements, taking its total for the year to around 27, by our calculations.
The west was the best last year for America’s investor-owned utilities. But the biggest stock, Aqua America, had an off year. The return of American Water will shake things up in 2007.
Utilities performed well in the US but last year's star performer didn't live up to expectations.
The growth of The Wall Street Transcript’s water industry conference reflects strong retail investor interest in the water sector. It is a pity that the stocks are all so small.