MSEX Middlesex Water

Middlesex Water Co. owns and operates regulated water utility and wastewater systems. The firm's services include water production, treatment, & distribution, full service municipal contract operations, wastewater collection and treatment. It operates through two segments: Regulated and Non-Regulated. The Regulated segment serves residential, commercial, industrial and municipal customers. The Non-Regulated segment engages in business activities with developers, government entities and other customers. The company was founded in 1897 and is headquartered in Iselin, NJ.
Company profile
Ticker
MSEX
Exchange
Website
CEO
Dennis W. Doll
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
221114430
MSEX stock data
()
Calendar
25 Feb 21
12 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.4M | 10.4M | 10.4M | 10.4M | 10.4M | 10.4M |
Cash burn (monthly) | 5.93M | 3.01M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | 20.27M | 10.28M | n/a | n/a | n/a | n/a |
Cash remaining | -9.86M | 119.31K | n/a | n/a | n/a | n/a |
Runway (months of cash) | -1.7 | 0.0 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 21 | Mansue Amy B. | Common Stock (Book) | Grant | Aquire A | No | No | 79.02 | 443 | 35.01K | 443 |
1 Apr 21 | Andreasen Christian G. Jr. | Common Stock (Restricted Stock Book Entry) | Other | Aquire J | No | No | 79.02 | 759 | 59.98K | 2,846 |
1 Apr 21 | Doll Dennis W | Common Stock (Restricted Stock Book Entry) | Other | Aquire J | No | No | 79.02 | 5,062 | 400K | 45,625 |
1 Apr 21 | Sohler Bernadette M | Common Stock (Restricted Stock Book Entry) | Other | Aquire J | No | No | 79.02 | 759 | 59.98K | 6,583 |
1 Apr 21 | A Bruce Oconnor | Common Stock (Restricted Stock Book Entry) | Other | Aquire J | No | No | 79.02 | 2,151 | 169.97K | 16,259 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
61.2% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 150 |
Opened positions | 12 |
Closed positions | 11 |
Increased positions | 57 |
Reduced positions | 40 |
13F shares |
Current |
---|---|
Total value | 2.37B |
Total shares | 10.69M |
Total puts | 0 |
Total calls | 13.1K |
Total put/call ratio | – |
Largest owners |
Shares | Value |
---|---|---|
TROW T. Rowe Price | 1.83M | $132.65M |
BLK Blackrock | 1.36M | $98.35M |
Vanguard | 1.08M | $78.33M |
Pictet Asset Management | 593.82K | $43.03M |
Dimensional Fund Advisors | 550.21K | $39.87M |
Renaissance Technologies | 435.6K | $31.57M |
Eaton Vance Management | 417.22K | $30.24M |
STT State Street | 355.19K | $25.74M |
Geode Capital Management | 289.12K | $20.95M |
NTRS Northern Trust | 240K | $17.39M |
Content analysis
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H.S. freshman Avg
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New words:
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Removed:
AA, activity, agree, applied, arise, AWM, break, conform, disaggregate, disclose, Dow, entity, exterior, fulfill, generation, headquartered, iii, immaterial, indemnified, indemnify, inside, iv, joint, lack, landfill, NSU, Pike, previously, prime, readily, Reclamation, recognizing, reconciliation, relocate, remitted, reoccur, reviewed, scheduled, serving, sought, standby, subtotal, tertiary, Tinton, unincorporated, Wilshire
Financial reports
10-K
2020 FY
Annual report
25 Feb 21
10-Q
2020 Q3
Quarterly report
30 Oct 20
10-Q
2020 Q2
Quarterly report
31 Jul 20
10-Q
2020 Q1
Quarterly report
5 May 20
10-K
2019 FY
Annual report
27 Feb 20
10-Q
2019 Q3
Quarterly report
1 Nov 19
10-Q
2019 Q2
Quarterly report
31 Jul 19
10-Q
2019 Q1
Quarterly report
6 May 19
10-K
2018 FY
Annual report
8 Mar 19
10-Q
2018 Q3
Quarterly report
2 Nov 18
Current reports
8-K
Middlesex Water Announces 2020
25 Feb 21
8-K
Middlesex Water Company Declares Quarterly Cash Dividend
28 Jan 21
8-K
Departure of Directors or Certain Officers
15 Dec 20
8-K
Middlesex Water Reports Third Quarter Financial Results
30 Oct 20
8-K
Middlesex Water Company Announces 6.3% Common Dividend Increase
21 Oct 20
8-K
Middlesex Water Reports Second Quarter Financial Results
31 Jul 20
8-K
Middlesex Water Company Declares Quarterly Cash Dividend
24 Jul 20
8-K
Middlesex Water Awarded Highland Park
28 May 20
8-K
Submission of Matters to a Vote of Security Holders
21 May 20
8-K
Middlesex Water Company BOARD APPOINTS WALTER. G. REINHARD AS LEAD independent DIRECTOR
6 May 20
Registration and prospectus
424B5
Prospectus supplement for primary offering
20 Nov 19
424B5
Prospectus supplement for primary offering
19 Nov 19
424B3
Prospectus supplement
11 Oct 19
424B5
Prospectus supplement for primary offering
6 Sep 19
S-3ASR
Automatic shelf registration
6 Sep 19
424B3
Prospectus supplement
13 Dec 18
S-3/A
Shelf registration (amended)
30 Jul 15
S-3
Shelf registration
15 Jul 15
424B3
Prospectus supplement
5 Jun 13
424B2
Prospectus for primary offering
8 Jun 10
Proxies
DEFA14A
Additional proxy soliciting materials
12 Apr 21
DEF 14A
Definitive proxy
12 Apr 21
DEFA14A
Additional proxy soliciting materials
29 Apr 20
DEF 14A
Definitive proxy
6 Apr 20
DEF 14A
Definitive proxy
11 Apr 19
DEF 14A
Definitive proxy
11 Apr 18
DEF 14A
Definitive proxy
12 Apr 17
DEF 14A
Definitive proxy
11 Apr 16
DEF 14A
Definitive proxy
6 Apr 15
DEF 14A
Definitive proxy
7 Apr 14
Other
UPLOAD
Letter from SEC
18 Oct 16
CORRESP
Correspondence with SEC
10 Oct 16
EFFECT
Notice of effectiveness
2 Aug 15
CORRESP
Correspondence with SEC
30 Jul 15
UPLOAD
Letter from SEC
23 Jun 13
CORRESP
Correspondence with SEC
11 Jun 13
UPLOAD
Letter from SEC
29 May 13
CORRESP
Correspondence with SEC
23 May 13
UPLOAD
Letter from SEC
13 May 13
EFFECT
Notice of effectiveness
18 May 10
Ownership
4
MIDDLESEX WATER / Robert K Fullagar ownership change
5 Apr 21
4
MIDDLESEX WATER / A BRUCE OCONNOR ownership change
5 Apr 21
4
MIDDLESEX WATER / Lorrie Beth Ginegaw ownership change
5 Apr 21
4
MIDDLESEX WATER / Georgia M Simpson ownership change
5 Apr 21
4
MIDDLESEX WATER / G. Christian Jr. Andreasen ownership change
5 Apr 21
4
MIDDLESEX WATER / Dennis W Doll ownership change
5 Apr 21
4
MIDDLESEX WATER / Bernadette M Sohler ownership change
5 Apr 21
4
MIDDLESEX WATER / WALTER G REINHARD ownership change
1 Apr 21
4
MIDDLESEX WATER / Steven M Klein ownership change
1 Apr 21
4
MIDDLESEX WATER / Robert K Fullagar ownership change
1 Apr 21
Reddit threads
Daily Discussion Thread - February 25th, 2021
25 Feb 21
Daily Discussion Thread - February 24th, 2021
24 Feb 21
Daily Discussion Thread - February 23rd, 2021
23 Feb 21
Daily Discussion Thread - February 11th, 2021
11 Feb 21
Daily Discussion Thread - February 10th, 2021
10 Feb 21
Daily Discussion Thread - February 9th, 2021
9 Feb 21
Daily Discussion Thread - February 8th, 2021
8 Feb 21
Daily Discussion Thread - November 12th, 2020
12 Nov 20
Daily Discussion Thread - November 11th, 2020
11 Nov 20
Daily Discussion Thread - November 10th, 2020
10 Nov 20