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American Water Works Company, Inc - AWK STOCK NEWS

Welcome to our dedicated page for American Water Works Company news (Ticker: AWK), a resource for investors and traders seeking the latest updates and insights on American Water Works Company stock.

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
News

American Water and the American Water Charitable Foundation Celebrate National STEM Day at Local Camden, N.J. High School

Rhea-AI Summary
American Water (NYSE: AWK) and its charitable foundation have donated $200,000 in STEM education resources to Eastside High School in Camden, N.J. The workshop offered hands-on experience with 3D printers, drones, and software, aiming to empower future leaders and support student learning and exploration of STEM-related careers.
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Voters in the City of DeKalb Choose Missouri American Water to Provide Water Service

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Missouri American Water (ticker: MAW) to Acquire DeKalb Water System, Pending Approval - Residents in DeKalb voted to approve the sale of their water system to Missouri American Water, with nearly 98% in favor. The acquisition, pending review by the Missouri Public Service Commission, will add approximately 100 customers to MAW's existing 500,000 customer base. The acquisition is expected to result in lower water rates for DeKalb residents and increased investment in the water system.
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Pennsylvania American Water Partners with Chesapeake Bay Foundation to Plant 2,500+ Trees in Recognition of Customers’ Switch to Paperless Billing

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Pennsylvania American Water (PAW) Donates $24,000 to Chesapeake Bay Foundation for Tree Planting in Recognition of Successful Paperless Billing Campaign
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American Water Charitable Foundation and American Water Military Services Group Continue Partnership with K9s For Warriors

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The American Water Charitable Foundation, in collaboration with the Military Services Group, has awarded a $25,000 State Strategic Impact grant to K9s For Warriors, the nation’s largest provider of trained Service Dogs for veterans with invisible wounds of war. The grant aims to support the mission of K9s For Warriors, which focuses on ending veteran suicide, raising awareness for invisible disabilities, and creating policy-level reform for veterans.
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California American Water Completes $4.1 Million Ventura District Water System Upgrades

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California American Water has recently invested in improving its water infrastructure in the White Stallion Community and Wildwood Park. The projects include the replacement of pumps, piping, and electrical equipment, as well as the addition of backup power generators and improved communication systems. The investments amount to $4.1 million and aim to enhance reliability and fire protection.
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Silver Creek Water Utility Members Approve Sale of Member-Owned Water Utility to Indiana American Water

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Indiana American Water has been chosen as the trusted provider of water service to the Silver Creek area in southern Indiana. The acquisition was approved by nearly 74% of Silver Creek Water Corporation members. If approved by the Indiana Utility Regulatory Commission, approximately 8,000 water customers will be added to Indiana American Water's service footprint.
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California American Water Completes $2.2M San Diego District Water System Upgrades

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California American Water recently completed the Grove Avenue Water Main Replacement Project in South San Diego, replacing 2,400 linear feet of aging 8-inch steel water main with new PVC main. They also upgraded fire hydrants, replaced gate valves, and installed new service pipes for 22 customers. This project is part of their multimillion-dollar initiative to renew water infrastructure. The goal is to improve reliability, reduce service disruptions, and increase durability.
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American Water Reports Strong Third Quarter 2023 Results; Affirms 2023 Guidance; Announces 2024 EPS Guidance and Capital Investment Plans; Affirms Long-Term Growth Targets

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American Water Works Company, Inc. (NYSE: AWK) reported earnings of $1.66 per share for Q3 2023, compared to $1.63 per share in Q3 2022. Year-to-date earnings for 2023 were $4.03 per share, compared to $3.70 per share in 2022. The results were positively impacted by warm, dry weather, contributing $0.04 and $0.11 per share for the quarter-to-date and year-to-date periods of 2023, respectively. The company affirmed its 2023 EPS guidance range of $4.72 to $4.82 on a weather-normalized basis. The capital investment plan of $2.9 billion for 2023 remains on track. The company also announced the initiation of its 2024 EPS guidance range of $5.10 to $5.20 and its 2024-2028 capital plan, while affirming long-term growth targets.
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Virginia American Water Files Rate Request Driven by $110 Million in Investment

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Virginia American Water has filed a general rate application with the State Corporation Commission (SCC) to recover $110 million in capital investments between May 2023 and April 2025. The company aims to continue providing safe and reliable water and wastewater service by replacing aging infrastructure, complying with regulations, and meeting customer needs. The filing also includes the acquisition of water and wastewater assets from the Town of Cape Charles and drinking water assets from E.L. Goddard Inc. Virginia American Water is seeking an annual revenue increase of approximately $19.7 million.
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American Water Declares Quarterly Dividend

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American Water Works Company, Inc. (NYSE: AWK) has declared a quarterly cash dividend payment of $0.7075 per share of common stock. The dividend will be payable on December 1, 2023, to shareholders of record as of November 14, 2023. This is a continuation of the increased annualized dividend approved by the Board in April 2023.
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FAQ

What is the current stock price of American Water Works Company (AWK)?

The current stock price of American Water Works Company (AWK) is $137.31 as of November 22, 2024.

What is the market cap of American Water Works Company (AWK)?

The market cap of American Water Works Company (AWK) is approximately 27.0B.

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.

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American Water Works Company, Inc

NYSE:AWK

AWK Rankings

#445 Ranked by Market Cap
#1282 Ranked by Dividends

AWK Stock Data

27.05B
194.14M
0.12%
93.7%
1.89%
Utilities - Regulated Water
Water Supply
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United States of America
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