Artesian Resources is a small-cap water utility in the mid-Atlantic and provides water, wastewater, and engineering services to just over 300 000 people. It has private, commercial and industrial customers mainly in New Castle County, Delaware. The company generates around 90% of its sales through the direct water business. In addition, the company is working closely with the state on water infrastructure constructions and water and sewage services. In this area, it is mainly active in Delaware, Maryland and Pennsylvania. Artesian Resources Corp. operates through several subsidiaries, all of which are wholly owned by the parent company. Artesian was founded in 1905 and its IPO was in 1996.
USA – Water Utility