2024-01-31 13:42:02 ET
Summary
- Artesian Resources Corporation is a holding company that provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania.
- The company's revenue growth has been lower in recent years, but it has potential for growth due to population growth and potential rate increases.
- Falling inflation rates and potential interest rate cuts could benefit the company's operating costs and dividend payments.
business Overview:
Founded in 1927, Artesian Resources (ARTNA) (ARTNB) is a Delaware-based holding company providing water, wastewater, and other services across Delaware, Maryland, and Pennsylvania. Its subsidiary, Artesian Water Company, boasts the title of oldest and largest investor-owned water utility on the Delmarva Peninsula, serving over a third of Delawareans with 8.7 billion gallons of water annually. While Delaware houses the majority of ARTNA's assets, it also has smaller operations in Pennsylvania and Maryland....
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Artesian Resources Is An Attractive Investment Opportunity