The York Water Company impounds, purifies, and distributes drinking water. It owns and operates two wastewater collection systems; five wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns nine groundwater wells that supply water to customers in the Adams County. It serves customers in the fixtures and furniture, electrical machinery, food products, paper, ordnance units, textile products, air conditioning systems, laundry detergents, barbells, and motorcycle industries in 51 municipalities within three counties in south-central Pennsylvania. The York Water Company was incorporated in 1816 and is based in York, Pennsylvania.
IPO Year:
Exchange: NASDAQ
Website: yorkwater.com
SC 13G/A - YORK WATER CO (0000108985) (Subject)
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GETTYSBURG, Pa., May 09, 2024 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ:ACNB) is pleased to announce the election of Alexandra Chiaruttini to its Boards of Directors, effective at the Annual Meeting of Shareholders on May 7, 2024. Ms. Chiaruttini was also appointed to serve on the Board of Directors of ACNB Corporation's banking subsidiary, ACNB Bank. "We are very excited to welcome Alexandra to the Board of Directors," stated ACNB Corporation Chairman of the Board, Alan Stock. "Her insight and expertise in legal and public company matters is extremely valuable to the work we do as a financial institution. We are confident that she will provide a unique perspective to ACNB and be an as
YORK, Pa., Nov. 07, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the third quarter and the first nine months of 2024. President Hand reported that third quarter operating revenues of $19,715,000 increased $948,000, but net income of $5,863,000 decreased $1,705,000 compared to the third quarter of 2023. Basic and Diluted Earnings per share of $0.41 for the three-month period decreased $0.12 compared to the same period last year. Increased revenues were primarily due to revenues from Distribution System Improvement charge (DSIC) and growth in the customer base. The DSIC is a Pennsylvania Public Utility Comm
YORK, Pa., Aug. 02, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the second quarter and the first six months of 2024. President Hand reported that second quarter operating revenues of $18,750,000 decreased $17,000 and net income of $4,993,000 decreased $1,531,000 compared to the second quarter of 2023. Basic and Diluted Earnings per share of $0.35 for the three-month period decreased $0.10 compared to the same period last year. The decrease in net income was primarily attributable to higher operation and maintenance expenses and depreciation, higher interest on debt, and lower allowance for funds used dur
GETTYSBURG, Pa., May 09, 2024 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ:ACNB) is pleased to announce the election of Alexandra Chiaruttini to its Boards of Directors, effective at the Annual Meeting of Shareholders on May 7, 2024. Ms. Chiaruttini was also appointed to serve on the Board of Directors of ACNB Corporation's banking subsidiary, ACNB Bank. "We are very excited to welcome Alexandra to the Board of Directors," stated ACNB Corporation Chairman of the Board, Alan Stock. "Her insight and expertise in legal and public company matters is extremely valuable to the work we do as a financial institution. We are confident that she will provide a unique perspective to ACNB and be an as
YORK, Pa., May 07, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the first quarter of 2024. President Hand reported that first quarter operating revenues of $17,628,000 increased $2,227,000 and net income of $4,327,000 increased $674,000 compared to the first quarter of 2023. Basic and Diluted Earnings per share of $0.30 for the three-month period increased $0.04 compared to the same period last year. Increased revenues were primarily due to an increase in rates effective March 1, 2023 partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC). The DSIC is a Pennsylvania Pub
YORK, Pa., March 05, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced the Company's 2023 financial results. President Hand reported that 2023 operating revenues of $71,031,000 increased $10,970,000 and net income of $23,757,000 increased $4,177,000 compared to 2022. Basic and Diluted Earnings per share of $1.66 for 2023 increased $0.26 compared to 2022. Dividends per share rose 4% compared to 2022. Increased revenues were primarily due to an increase in rates effective March 1, 2023 partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC). The DSIC is a Pennsylvania Public Utility Commission allowed cha
YORK, Pa., Nov. 03, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the third quarter and the first nine months of 2023. President Hand reported that third quarter operating revenues of $18,767,000 increased $2,956,000 and net income of $7,568,000 increased $1,887,000 compared to the third quarter of 2022. Basic and Diluted Earnings per share of $0.53 for the three-month period increased $0.13 compared to the same period last year. Increased revenues were primarily due to an increase in rates effective March 1, 2023 partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC). T
YORK, Pa., Aug. 03, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the second quarter and the first six months of 2023. President Hand reported that second quarter operating revenues of $18,767,000 increased $3,868,000 and net income of $6,524,000 increased $1,495,000 compared to the second quarter of 2022. Basic and Diluted Earnings per share of $0.45 for the three-month period increased $0.09 compared to the same period last year. Increased revenues were primarily due to an increase in rates effective March 1, 2023 partially offset by a reset to zero of the Distribution System Improvement Charge (
YORK, Pa., May 02, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the first quarter of 2023. President Hand reported that compared to the first quarter of 2022, first quarter operating revenues of $15,401,000 increased $1,161,000 and income before income taxes of $4,196,000 increased $568,000. Net income of $3,653,000 decreased $206,000 over the same period last year. Basic and Diluted Earnings per share of $0.26 for the three-month period decreased $0.03 compared to the same period last year. Increased revenues were primarily due to an increase in rates effective March 1, 2023 partially offset by a reset
YORK, Pa., March 07, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced the Company's 2022 financial results. President Hand reported that 2022 operating revenues of $60,061,000 increased $4,942,000 and net income of $19,580,000 increased $2,596,000 compared to 2021. Basic and Diluted Earnings per share of $1.40 for 2022 increased $0.10 compared to 2021. Dividends per share rose 4% compared to 2021. Increased revenues were primarily due to growth in the customer base from acquisitions and the utilization of the Distribution System Improvement Charge (DSIC). The DSIC is a Pennsylvania Public Utility Commission allowed charge that water uti
YORK, Pa., Jan. 12, 2023 (GLOBE NEWSWIRE) -- JT Hand, President and CEO of The York Water Company (NASDAQ:YORW) announced today that the Pennsylvania Public Utility Commission (PPUC) approved a joint settlement agreement at its January 12, 2023, public meeting, allowing an increase in base rates for water and wastewater customers of The York Water Company. The approved rates provide for cost recovery for York Water and an expanded customer assistance program while maintaining affordability for customers. The new rates approved by the PPUC affect approximately 75,000 water and wastewater customers throughout York, Adams, and Franklin Counties, Pennsylvania. Even with the approved increases
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YORK, Pa., Aug. 02, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the second quarter and the first six months of 2024. President Hand reported that second quarter operating revenues of $18,750,000 decreased $17,000 and net income of $4,993,000 decreased $1,531,000 compared to the second quarter of 2023. Basic and Diluted Earnings per share of $0.35 for the three-month period decreased $0.10 compared to the same period last year. The decrease in net income was primarily attributable to higher operation and maintenance expenses and depreciation, higher interest on debt, and lower allowance for funds used dur
YORK, Pa., May 07, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the first quarter of 2024. President Hand reported that first quarter operating revenues of $17,628,000 increased $2,227,000 and net income of $4,327,000 increased $674,000 compared to the first quarter of 2023. Basic and Diluted Earnings per share of $0.30 for the three-month period increased $0.04 compared to the same period last year. Increased revenues were primarily due to an increase in rates effective March 1, 2023 partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC). The DSIC is a Pennsylvania Pub
YORK, Pa., March 05, 2024 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced the Company's 2023 financial results. President Hand reported that 2023 operating revenues of $71,031,000 increased $10,970,000 and net income of $23,757,000 increased $4,177,000 compared to 2022. Basic and Diluted Earnings per share of $1.66 for 2023 increased $0.26 compared to 2022. Dividends per share rose 4% compared to 2022. Increased revenues were primarily due to an increase in rates effective March 1, 2023 partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC). The DSIC is a Pennsylvania Public Utility Commission allowed cha
YORK, Pa., March 07, 2023 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced the Company's 2022 financial results. President Hand reported that 2022 operating revenues of $60,061,000 increased $4,942,000 and net income of $19,580,000 increased $2,596,000 compared to 2021. Basic and Diluted Earnings per share of $1.40 for 2022 increased $0.10 compared to 2021. Dividends per share rose 4% compared to 2021. Increased revenues were primarily due to growth in the customer base from acquisitions and the utilization of the Distribution System Improvement Charge (DSIC). The DSIC is a Pennsylvania Public Utility Commission allowed charge that water uti
YORK, Pa., March 08, 2022 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced the Company's 2021 financial results. President Hand reported that 2021 operating revenues of $55,119,000 increased $1,267,000 and net income of $16,984,000 increased $386,000 compared to 2020 which included a non-recurring gain on life insurance of $515,000 not repeated in 2021. Basic and Diluted Earnings per share of $1.30 for 2021 increased $0.03 compared to 2020. Dividends per share rose 4% compared to 2020. Increased revenues were primarily due to the utilization of the Distribution System Improvement Charge (DSIC) and growth in the customer base. The DSIC
YORK, Pa., Nov. 23, 2021 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced today that the Board of Directors at their November 22nd meeting declared a quarterly dividend of $0.1949 per share, a 4% increase. The dividend is payable January 14, 2022, to shareholders as of record date December 31, 2021. This is the 604th consecutive dividend to be paid by The York Water Company. JT Hand, President and CEO stated, "We are proud to say we have increased our dividends for 25 consecutive years. This demonstrates not only our commitment to our investors, but our commitment to responsible and proactive investment in our infrastructure." York Water, wh
YORK, Pa., May 04, 2021 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the first quarter of 2021. President Hand reported that first quarter operating revenues of $13,081,000 increased $204,000, but net income of $3,705,000 decreased $297,000 compared to the first quarter of 2020 primarily due to a non-recurring gain on life insurance of $515,000 in the first quarter of 2020 not repeated in 2021. Basic and Diluted Earnings per share of $0.28 for the three-month period decreased $0.03 compared to the same period last year. Increased revenues were primarily due to growth in the customer base and higher billi
YORK, Pa., March 09, 2021 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, JT Hand, announced the Company's 2020 financial results. President Hand reported that 2020 operating revenues of $53,852,000 increased $2,274,000 and net income of $16,598,000 increased $2,196,000 compared to 2019. Basic and Diluted Earnings per share of $1.27 for 2020 increased $0.16 compared to 2019. Dividends per share rose 4% compared to 2019. Increased revenues resulted primarily from the March 1, 2019 rate increase, higher per capita residential consumption, and growth in the customer base partially offset by lower Distribution System Improvement Charge (DSIC) after its reset to z