This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Artesian’s Systems Stay Ahead Of Heat, Storms And State Requirements

Stocks in this article: ARTNA

Even as Artesian Resources (NASDAQ: ARTNA), a leading provider of water, wastewater and engineering services on the Delmarva Peninsula, was preparing its state-required tri-annual certificate of self-sufficiency, Mother Nature chose to test the utility through damaging storms and record heat. Artesian officials report the company continues to more than pass that test and exceed the requirements of Delaware’s Self-Sufficiency Act of 2003.

Strong winds and thunderstorms late last month damaged and interrupted operations at four of the utility’s water treatment stations. As Artesian’s crews raced to repair and replace equipment struck by lightning during the storms, service to customers remained uninterrupted thanks to the redundancy of the utility’s extensive supply system and the ability to use generators previously installed at key facilities.

“In the case of the recent storms, we were able to reroute water flows from multiple sources and engage large-capacity generators to continue to deliver a safe water supply to our customers,” said Dian Taylor, chair, president and CEO of Artesian Resources. “The heat likewise has not hampered our ability to serve our customers. Our extensive investments in infrastructure and upgrades and, more importantly, the expertise and dedication of Artesian personnel have kept service to our valued customers as reliable as ever during this already challenging summer.”

Taylor called Artesian’s success through the record heat and damaging storms a testament to the assertions made in the company’s latest report pursuant to the Water Supply Self-Sufficiency Act of 2003, which requires water utilities in New Castle County to verify every three years that they “have adequate supplies of water available, even during times of drought, to meet the present and future needs of this State on a continuing and sustainable basis.”

Completed last month, Artesian’s submission to the Delaware Water Supply Coordinating Council details the company’s sources of self supply, available interconnections, water storage capabilities, historic and current water demand and projections for future supply and demand. The report marks the company’s fourth consecutive successful completion of the Water Supply Self-Sufficiency Act’s requirements and certifies that Artesian’s sources of supply are adequate to meet peak demand during a record drought without any restrictions.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs