ARTESIAN RESOURCES CORP

Artesian Resources Corporation (Nasdaq: ARTNA) operates as a holding company for seven wholly-owned subsidiaries providing water, wastewater, and related services across Delaware, Maryland, and Pennsylvania. The company's website is www.artesianwater.com.

The company's principal subsidiary, Artesian Water Company, Inc., represents the oldest and largest investor-owned public water utility on the Delmarva Peninsula, tracing its origins to 1905. Artesian Water produced approximately 80.5 percent of consolidated operating revenues in 2025. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers throughout Delaware while providing supplemental services including water for public and private fire protection.

Artesian Resources operates five regulated public utilities: Artesian Water Company, Inc., Artesian Water Pennsylvania, Inc., Artesian Water Maryland, Inc., Artesian Wastewater Management, Inc., and Artesian Wastewater Maryland, Inc. The company also operates two non-utility subsidiaries: Artesian Utility Development, Inc., and Artesian Development Corporation. Artesian Water Maryland began operations in 2007 and serves Cecil County, Maryland. Artesian Water Pennsylvania commenced operations in 2002, serving a residential community in Chester County. Artesian Wastewater began providing wastewater services in Sussex County, Delaware in 2005 and operates four treatment facilities with combined capacity of approximately 2.3 million gallons per day.

The company holds Certificates of Public Convenience and Necessity for approximately 312 square miles of exclusive water service territory and 61 square miles of wastewater service territory. In 2025, Artesian distributed approximately 9.2 billion gallons of water across Delaware systems, with nearly 97 percent derived from groundwater wells. The company maintains 64 water treatment facilities in Delaware systems and operates 36 storage tanks providing approximately 45 million gallons of storage capacity.

As of December 31, 2025, the company employed 272 full-time and 2 part-time employees. The workforce includes operations personnel, engineers, technicians, and administrative staff. Artesian Utility also offers water and sewer service line protection plans to customers. The company's non-utility subsidiaries provide contract water and wastewater operations, engineering services, and real estate holdings.