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Showing posts with label Middlesex Water Company (NASDAQ:MSEX). Show all posts
Showing posts with label Middlesex Water Company (NASDAQ:MSEX). Show all posts

Monday, March 22, 2010

Water- Stocks.com Presents Q&A Interview with Middlesex Water Company (NASDAQ:MSEX) for World Water Day

Water- Stocks.com Presents Q&A Interview with Middlesex Water Company (NASDAQ:MSEX) for World Water Day

Point Roberts WA, DELTA, BC –March 22, 2010 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents an interview with Mr. Dennis W. Doll , Vice Chairman, President and Chief Executive Officer of Middlesex Water Company (NASDAQ:MSEX) following the theme of World Water Day, March 22nd.


Water- Stocks.com Interview with Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer of Middlesex Water Company (NASDAQ:MSEX)


Q- Dawn Van Zant at Water-stocks.com

UN-Water has chosen ''Clean Water for a Healthy World" as the theme for World Water Day 2010. For investors that don’t know the history of Middlesex Water Company, can you give us a summary of how your company has played a key role in the water industry in the past, leading up to your current position in the sector?

A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)

The availability of a reliable supply of clean, safe drinking water is a major concern both on the global stage and locally and it’s an issue we take very seriously at Middlesex Water Company. Our company was incorporated in 1897 as a water utility primarily serving customers in eastern Middlesex County, New Jersey. Over time, our business, as well as the areas in which we operate, has grown and evolved. In addition to establishing a solid retail and wholesale revenue base in New Jersey, we entered into a public private partnership agreement with a major New Jersey city in 1998. We acquired other water and wastewater companies in New Jersey, and in 1992 expanded to Delaware where we acquired a 2,400 customer system which has since grown to more than 40,000 customers. We entered the regulated wastewater business in Delaware in 1995 (a key growth driver for the Company) and also added numerous additional water and wastewater contract operations to our portfolio. Presently, we are largely a New Jersey and Delaware company which just recently expanded its footprint to Pennsylvania through the acquisition of assets of a small system in that state. We differentiate ourselves from our peers in the industry in that we are one company offering developers, municipalities and small system owners a complete suite of services which includes water production and treatment, wastewater collection and treatment, full service contract operations and design/build/ownership and operation of assets. We are capable of providing these services as either a regulated utility or as a contract operator. We implement whatever business model best balances all the needs of the prospective customer. We have increasingly demonstrated our ability to grow the business profitably and we have the technical and operational expertise, financing capability and solutions-based philosophy that addresses present and future water and wastewater challenges.



Q- Dawn Van Zant at Water-stocks.com

In previous interviews on our site, water expert Mr. William Brennan noted that, “Water stocks are not recession proof but are recession resistant. “ In line with that, your corporate dividend history for investors is impressive, paying dividends since 1912. Can you explain some of the factors influencing performance of water stocks and expand on your dividend history to investors?



A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)

No one can argue that water is essential to life. In that regard, the growing opportunities in this industry through public private partnerships and outright sale of municipal assets, the need for long term investment to upgrade water infrastructure, the regulated utility business model and our growth profile, suggest that Middlesex Water could be an essential part of an investment portfolio for investors seeking reasonable and steady growth in earnings per share. While weather and the ability to obtain recovery through the regulatory framework of investments in utility infrastructure impact sector performance, we are well positioned to grow the company through organic growth (adding customers to new or existing systems), strategic and profitable acquisitions, regulated and non-regulated operating contracts and complementary products and services. Investors are also compelled by our robust dividend yield and Dividend Reinvestment and Stock Purchase plans. Middlesex Water has paid quarterly dividends for 97 years, and, in 2009, increased its dividend for the 37th consecutive year. We are proud of this strong dividend history, our record as a Mergent Dividend Champion and understand the importance of this dividend to our shareholders.



Q- Dawn Van Zant at Water-stocks.com

Water conservation and usage is a key issue in addressing global water issues. Middlesex Water Company just announced joining with the U.S. Environmental Protection Agency's (EPA's) WaterSense® program in promoting "Fix a Leak Week," March 15 through 21, 2010 to encourage residents to check household plumbing fixtures and irrigation systems for leaks. Can you expand on this initiative and others your company is involved in?



A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)

Water is a renewable resource and we are fortunate to enjoy an adequate supply of water in the areas in which we do business. But to ensure the availability of such resources well into the future we constantly encourage our customers to use water wisely. Our ongoing partnership with the Environmental Protection Agency’s WaterSense Program, of which Fix a Leak Week is one initiative, helps us to educate our customers about how to decrease indoor and outdoor water use through simple water-saving practices, available on our website www.middlesexwater.com, and WaterSense labeled water-efficient products. By the very nature of our business, we are an environmental steward, advocating for the protection of our watershed areas and the preservation of our natural resources. The Company is very involved in outreach to customers, local schools and municipal officials and in 2009 received recognition as a Green Leadership Award winner for its education efforts and commitment to renewable energy. We power 10% of the energy needs of our largest treatment plan in New Jersey with an onsite solar energy system, a demonstrated commitment to sustainable business practices, which gained our Company recognition as an Outstanding Green Business Leader in 2008. Electric power is one of the largest line-item costs for a water utility due to the fact that it requires a great deal of energy to treat water and to transport it over long distances through our distribution system. We are grateful that this successful project not only reduces operating costs but also, makes a contribution toward protecting our environment. Other initiatives include an active leak detection program, an ongoing effort to improve our business processes and use of technology, and our main cleaning and lining program, which is designed to cost-effectively upgrade our water infrastructure including water mains, valves and hydrants. These efforts are designed to improve services to our customers and improve shareholder value.



Q- Dawn Van Zant at Water-stocks.com



As a closing note, we frequently ask industry leaders in the water sector to address the critical need to pay attention to water investment in the cleantech space. Ceres.Org, released a report last year, “Water Scarcity & Climate Change: Growing Risks for Businesses & Investors", noting that water is an area that needs more attention. Can you give us your thoughts on this an executive in the industry?





A- Mr. Dennis W. Doll, Vice Chairman, President and Chief Executive Officer and of Middlesex Water Company (NASDAQ:MSEX)

As municipalities wrestle with increasing fiscal challenges, aging utility infrastructure, increasingly stringent water quality regulations and a transitioning workforce, the need to ensure the continual delivery of a reliable supply of safe drinking water will grow more complex, challenging and critical. While this presents opportunities for the investor-owned sector and therefore, opportunities for appropriate shareholder returns, it also highlights the need to better educate customers and residents about the true cost of providing reliable water and wastewater service, and the importance of infrastructure upgrades and replacement. Interest in the water space has continued to grow in recent years, both domestically and internationally. Regardless of the size and scope of any individual water system, we view this as a very local business, that directly influences the health and welfare of the residents served as well as the local economy. We believe strongly in the importance of maintaining relationships with our customers, local officials and regulators, ensuring our employees possess the tools and training to deliver quality service and providing solutions to municipalities and developers seeking answers to their water and wastewater challenges. Our strength lies in our expertise, our people and our vision for growth and these will contribute to shareholder value.



About Middlesex Water Company

Incorporated as a water utility in 1897, Middlesex Water Company (NASDAQ:MSEX) provides a full range of regulated and non-regulated water, wastewater utility and related services in parts of New Jersey, Delaware and Pennsylvania. Middlesex Water engages in collecting, treating, distributing and selling water for domestic, commercial, municipal industrial and fire protection purposes.

Visit the Middlesex Water Company (NASDAQ:MSEX) Showcase Profile on Investorideas.com and Water-stocks.com: http://www.investorideas.com/CO/MSEX/



For More info on World Water Day- Visit: www.worldwaterday.org



About Water-stocks.com Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.

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Disclaimer: Middlesex Water Company (NASDAQ:MSEX) is an advertising showcase company on water-stocks.com and Investorideas.com. Please read compensation disclosure links below.

Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies MSEX, news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp



For more info on Middlesex Water Company (NASDAQ:MSEX)
Bernadette M. Sohler
Vice President - Corporate Affairs
Bsohler@middlesexwater.com
732-638-7549



For More info on Water-stocks.com
Contact:
Dawn Van Zant 800-665-0411

Email: dvanzant@investorideas.com

Web Site: www.InvestorIdeas.com http://www.water-stocks.com/
Source: Water-Stocks.com, Investorideas.com

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Thursday, April 30, 2009

Water Stock- Company Profile for Middlesex Water Company (NASDAQ:MSEX)

Water Stock- Company Profile for Middlesex Water Company (NASDAQ:MSEX)

Delta B.C., April 30, 2009 - www.InvestorIdeas.com and its leading water investor portal www.water-stocks.com announce the recent addition of Middlesex Water Company (NASDAQ:MSEX) to its directory of company profiles by industry sectors.

Middlesex Water Company (NASDAQ:MSEX) owns and operates regulated water utility and wastewater systems in New Jersey and Delaware. The Company also operates water and wastewater systems under contract on behalf of municipal and private clients in New Jersey and Delaware. Middlesex Water has grown from a single water utility to nine distinct business operating units meeting a full range of residential, commercial, residential and municipal water and wastewater needs. Through our affiliated companies we are delivering technical and management capabilities that creatively address challenges such as aging infrastructure and increasing regulatory pressures faced by municipalities, developers and small system owners.

Read the full company profile at :
http://www.investorideas.com/Profile/Water/MSEX/

The company profiles consists of the company name, logo, contact info , sector, executive summary, products and services summary, key executives, keywords, and if publicly traded- stock symbol and exchange.

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Directory: http://www.investorideas.com/Profile/


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Disclaimer: The following company profile is a paid for submission.Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp

For Additional Information:

Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com

Source – Investorideas.com




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Tuesday, April 21, 2009

Middlesex Water Company Partners with EPA’s WaterSense® Program

Middlesex Water Company Partners with EPA’s WaterSense® Program

ISELIN, NJ, April 20, 2009 Middlesex Water Company (NASDAQ:MSEX) a provider of water, wastewater and related services in New Jersey and Delaware, today announced it has teamed with the U.S. Environmental Protection Agency’s (EPA) WaterSense® Program to help consumers save water for future generations and reduce costs on their utility bills.

WaterSense aims to decrease indoor and outdoor water use through water-efficient products and simple water-saving practices. The program encourages consumers to look for WaterSense labeled products, which have been independently certified for efficiency and performance, and promotes water-saving techniques that reduce stress on water systems and the environment.

“Middlesex Water Company is proud to be a WaterSense partner and to be promoting efficiency in water consumption and the availability of WaterSense labeled products through our website,” said Dennis W. Doll, President and CEO. “As we celebrate Earth Day later this week, a day designed to inspire awareness and appreciation for our environment, becoming a WaterSense partner takes on added significance as we realize that actions taken today have an impact on our natural resources for generations to come. Together, we can help ensure the availability of clean, safe drinking water for these future generations,” added Doll.

The average home, retrofitted with water-efficient fixtures, can save 30,000 gallons per year. If one out of every 10 homes in the United States upgraded to water-efficient fixtures, more than 300 billion gallons per year could be saved at an annual cost of nearly $2 billion. WaterSense labeled products must meet EPA’s criteria for efficiency and performance. Independently tested and certified products may bear the WaterSense label, which makes it easy for consumers to identify and select a variety of quality, water-efficient products and services for their homes and lawns.

Middlesex Water Company, organized in 1897, is a water utility serving customers in central and southern New Jersey. The Company also serves customers in Delaware through its wholly-owned subsidiary, Tidewater Utilities, Inc. For information about the WaterSense program visit www.middlesexwater.com or call (732) 634-1500.

###
Contact:
Bernadette Sohler, Vice President – Corporate Affairs
Middlesex Water Company
(732) 638-7549
www.middlesexwater.com








Visit the water stocks directory at Investorideas.com and Water-stocks.com
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