Company: MSEX
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001174947-25-000251
Chunk: 1034

Company: MIDDLESEX WATER CO
Filing Date: 2025-02-28
Form: 10-K
Item: Item 6
Chunk 1034
---
 
    $74,622  
    $90,179  
    $91,335 

    (In Thousands) 

    As of  
    As of 

    December 31, 2024  
    December 31, 2023 
  
    Assets: 

    Regulated 
    $1,264,472  
    $1,235,549 
  
    Non – Regulated 
     7,671  
     8,068 
  
    Inter-segment Elimination 
     (16,969) 
     (7,565)
  
    Consolidated Assets 
    $1,255,174  
    $1,236,052 

67 

Note 9 - Quarterly Data - Unaudited

Financial information for each quarter of 2024 and 2023 is as follows:

    (In Thousands of Dollars, Except Per Share Data) 
  
    2024 
    1st  
    2nd  
    3rd  
    4th  
    Total 

    Operating Revenues 
    $40,524  
    $49,146  
    $55,100  
    $47,107  
    $191,877 
  
    Operating Income 
     9,865  
     15,315  
     17,501  
     10,529  
     53,210 
  
    Net Income 
     10,682  
     10,546  
     14,319  
     8,804  
     44,351 
  
    Basic Earnings per Share 
    $0.60  
    $0.59  
    $0.80  
    $0.49  
    $2.48 
  
    Diluted Earnings per Share 
    $0.59  
    $0.59  
    $0.80  
    $0.49  
    $2.47 
  
    Common Dividend Per Share 
    $0.3250  
    $0.3250  
    $0.3250  
    $0.3400  
    $1.3150 
  
    High/Low Common Stock Price 
      $50.33/$64.71   
      $45.84/$58.02