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American Wtr Wks Co Inc - AWK STOCK NEWS

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American Water Works Company, Inc. (AWK), founded in 1886, is the largest publicly traded U.S. water and wastewater utility company. Headquartered in Voorhees, N.J., American Water employs over 6,800 dedicated professionals, providing drinking water, wastewater, and related services to about 14 million people across more than 40 states and parts of Canada. The company's core business focuses on regulated markets, ensuring reliable water and wastewater services to residential, commercial, and industrial customers.

American Water's regulated business serves approximately 3.5 million customers in 16 states, maintaining a strong presence in the U.S. water utility sector. In addition to its regulated operations, American Water also manages a nonregulated business that provides water services to military bases under long-term contracts, offering consistent regulated-like returns.

American Water is recognized for its commitment to sustainability, investing in infrastructure to improve water quality and reliability. The company continuously engages in various projects to enhance its services and expand its reach. Recent achievements include significant upgrades to water treatment facilities and the implementation of advanced technologies to ensure efficient water management.

Financially, American Water maintains a robust position, consistently delivering value to its shareholders. Strategic partnerships and innovative initiatives contribute to the company's growth and stability. American Water's dedication to excellence in service and infrastructure development underscores its role as a leader in the water utility industry.

For more detailed information about American Water and the latest updates, visit www.amwater.com.

  • Latest News: Source: New Jersey American Water
  • Latest News: Source: West Virginia American Water
  • Latest News: Source: California American Water
  • Latest News: Source: Virginia American Water
  • Latest News: Source: American Water Charitable Foundation
  • Latest News: Source: American Water
  • Latest News: Source: Pennsylvania American Water
Rhea-AI Summary
American Water (AWK) representatives to join regulatory policy panels at NARUC Winter Policy Summit. The company will discuss key issues in the water industry, including contaminant treatment, research, innovation, and rate-making processes.
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California American Water continues its successful Aquifer Storage and Recovery program to capture excess water during the rainy season for use in droughts. The company has captured over 300 acre feet of water this season, enhancing water security for the community.
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American Water (NYSE: AWK) receives a grant from The Water Research Foundation to develop tools for early detection of harmful algal blooms. The research aims to improve water quality and safety through innovative monitoring strategies.
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Missouri American Water launches the American Water Charitable Foundation 2024 Water and Environment Grant Program to support local organizations in carrying out sustainable water-related projects. The program aims to benefit watersheds by promoting clean water, conservation, environmental education, climate variability, and water-based recreation projects. Applications from organizations served by Missouri American Water will be accepted until March 15. The Foundation has invested $15.5 million in funding since 2012 to support communities.
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American Water (AWK) has been ranked number 1 in the utilities industry on Forbes America's Best Large Employers 2024 list. The company's President and CEO, M. Susan Hardwick, expressed gratitude for the recognition, highlighting the engaged and diverse workforce. The ranking was based on an independent survey of over 170,000 U.S.-based employees, with a focus on employee recommendations and ratings.
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Indiana American Water receives approval for base rate adjustments totaling $66.3 million due to $875 million in system upgrades and increased expenses. The company aims to provide safe, clean, reliable, and affordable water service to its customers.
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Pennsylvania American Water merges its former Environmental Grant Program with the Water and Environment Grant Program to form the American Water Charitable Foundation 2024 Water and Environment Grant Program. The integration aims to enhance charitable focus and impact across American Water's footprint, supporting clean water, conservation, and environmental education projects. The Foundation invites community partners in select states to apply for grants promoting environmental initiatives.
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American Water Works Company, Inc. (AWK) reported strong financial performance in 2023, with earnings per share of $4.90, compared to $4.51 in 2022. The company invested $2.7 billion in capital, increasing rate base by 10.7% year-over-year. The 2024 earnings per share guidance range was raised to $5.20 to $5.30 from $5.10 to $5.20 due to interest income on a legacy note restructuring.
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California American Water appeals Superior Court's decision regarding Monterey Peninsula Water Management District's application to become a retail water supplier. The court's ruling could potentially impact the water service for Monterey customers. MPWMD faces challenges in operating the complex water system.
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American Water (NYSE: AWK) Charitable Foundation, a 501(c)(3) organization, awarded $257,000 in 2023 to support communities served by California and Hawaii American Water. The funding focused on improving communities, water and the environment, workforce readiness, and STEM education. The grant funding is made possible by American Water's shareholders, not by ratepayers.
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FAQ

What is the current stock price of American Wtr Wks Co (AWK)?

The current stock price of American Wtr Wks Co (AWK) is $133.59 as of February 24, 2025.

What is the market cap of American Wtr Wks Co (AWK)?

The market cap of American Wtr Wks Co (AWK) is approximately 26.1B.

What does American Water Works Company, Inc. do?

American Water Works provides drinking water and wastewater services to residential, commercial, and industrial customers in the U.S. and Canada.

Where is American Water Works headquartered?

American Water Works is headquartered in Voorhees, New Jersey.

How many employees does American Water Works have?

American Water Works employs over 6,800 professionals.

How many customers does American Water Works serve?

American Water Works serves approximately 3.5 million customers in 16 states.

What are the key areas of American Water's business?

American Water operates predominantly in regulated markets, with a nonregulated segment providing water services to military bases.

How long has American Water been in operation?

American Water has been in operation since 1886.

What recent achievements has American Water made?

Recent achievements include upgrades to water treatment facilities and the implementation of advanced water management technologies.

How does American Water contribute to sustainability?

American Water invests in infrastructure improvements to enhance water quality and reliability, demonstrating its commitment to sustainability.

What is the financial condition of American Water?

American Water maintains a robust financial position, consistently delivering value to its shareholders through strategic partnerships and innovative initiatives.

Where can I find more information about American Water?

More information about American Water can be found at www.amwater.com.
American Wtr Wks Co Inc

NYSE:AWK

AWK Rankings

AWK Stock Data

26.14B
193.59M
0.41%
93.95%
2.49%
Utilities - Regulated Water
Water Supply
Link
United States
CAMDEN