Matching slides 14,162
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Slide function

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37
Uses a screenshot of an email and a proposal summary to provide evidence of the claim.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
38
Includes a screenshot of an email request and a data table showing 2018-2020 metrics.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
39
Uses a red box to highlight the lack of growth between the acquisition announcement and current data.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Beat · The Struggle1 hit
42
Uses a table to demonstrate the impact of reclassifying book overdrafts on OCF margins.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
43
Uses screenshots of SEC filings to highlight the discrepancy.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
44
The slide uses a combination of narrative text (company's own disclosures) and a table of specific executive departures to build a case for management instability.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
46
The slide uses a table from a regulatory audit to undermine the acquisition thesis.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
47
Uses direct quotes from SEC filings to expose business risks.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
48
Uses quotes from earnings calls and external weather data to build a case for management obfuscation.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
49
Uses a before-after comparison of growth projections to highlight a discrepancy in company guidance.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
50
The slide uses red highlighting to call out specific data points that the author claims are inconsistent or problematic.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
52
The slide uses a red callout box to emphasize the severity of the audit findings.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
53
The slide uses direct excerpts from 10-K filings to contrast the testing methodologies used in consecutive years.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
54
The slide uses red boxes and arrows to highlight specific text changes in SEC filings.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
55
The slide highlights a specific accounting disclosure from WTRG's 2022 10-K, calling out questionable assumptions with red underlines and a critical callout box.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
56
Uses a red line to visually connect the new risk factor in the 2022 list to the highlighted text above.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
58
The slide uses a yellow arrow graphic at the bottom to visually emphasize the trend of declining earnings quality.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
59
Uses highlighting to draw attention to the specific change in reporting language ('including' vs 'net of').Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
60
The slide uses a timeline-like structure to show the evolution of terminology used by management.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
61
Uses red arrows and boxes to highlight discrepancies between reported connection counts and acquisition press releases.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
62
Uses visual callouts and red boxes to highlight the contradiction between 1,422 reported customers and 711 actual customers.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
63
Uses a waterfall chart to visualize the revenue bridge and highlights specific data points in red to emphasize the contradiction.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
64
Uses a table to contrast volume growth against revenue contribution, pointing to a price chart as evidence of the anomaly.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
65
Includes a specific callout regarding a PUC audit report and a visual question mark highlighting the anomaly.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
67
Uses a quote-based contradiction technique to imply management obfuscation.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
69
The slide uses a 'before-after' style comparison of historical company statements against the activist's critique.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Loop · Cost Of Inaction1 hit
70
Uses a flow-chart style to imply a Ponzi-like structure.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller Loop · Cost Of Inaction1 hit
71
The slide uses a cumulative performance chart and a growth table to highlight the widening gap between cash flow and dividend obligations.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
72
Uses a side-by-side comparison of legal risk factor text to expose a shift in financial dependency.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit
73
The slide uses a dual-axis chart to show the decline in DRIP participation alongside the number of shareholders.Essential Utilities, Inc. (WTRG) · Spruce Point Capital Management
Activist deck Short seller 1 hit