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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
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American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., has been selected to participate in the New York Stock Exchange's 2024 Global Giving Campaign, choosing to recognize the American Red Cross. The American Water Charitable Foundation donated $250,000 to the Red Cross Disaster Responder Program earlier this year to support disaster preparedness and response initiatives. The company will be honored with a custom ornament on the NYSE holiday trees, with the 101st Annual Tree Lighting scheduled for December 5, 2024. American Water employees actively support the Red Cross through blood drives, board service, and various initiatives.

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American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced its participation in the 2024 American Water Works Association (AWWA) Community Education Forum and Roundtable scheduled for December 5-6, 2024, in Chicago.

Ruben Rodriguez, Senior Director of External Communications, will participate in a panel discussion titled 'A Tricky Conversation: Building Trust & Managing Risk.' The panel will address strategies for utilities to effectively communicate complex topics, including the Lead and Copper Rule Improvements and PFAS, and their community impact.

The event brings together industry executives, policy experts, consumer advocates, and regulators to discuss current and emerging water industry issues.

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American Water Charitable Foundation marked Giving Tuesday with two significant initiatives: a $100,000 Corporate Strategic grant to Feeding America and a $100 reward for each American Water employee's Giving Account for charitable donations. The grant will support Feeding America's network of over 200 food banks and 60,000 partner agencies across the U.S. in their fight against food insecurity. Since 2012, the Foundation has invested $15.5 million in funding through grants and matching gifts, focusing on their mission to Keep Communities Flowing and create lasting positive impact in communities where American Water employees live and work.

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Illinois American Water has completed the transition to a new $36 million water treatment plant in Lincoln, Illinois. The Broadwell Water Treatment Plant, with a capacity of 5.0-million-gallons-per-day, replaces the outdated South Water Treatment Plant from 1981. The new facility features improved drought resistance with a deeper intake system, enhanced electrical and security systems, and continues to source water from the Mahomet Teays Valley Aquifer. The investment aims to maintain reliable, high-quality water service for Lincoln customers while addressing previous challenges such as flood vulnerability and site-access issues at the old facility.

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Missouri American Water provides essential tips for preventing and handling frozen pipes during cold weather. The guidance includes: locating and testing the main water shut-off valve, protecting pipes in vulnerable areas with insulation, checking sprinkler systems, eliminating cold air sources near water lines, and maintaining water flow during freezing temperatures. The company also outlines steps to take if pipes freeze, including proper thawing procedures and emergency reporting through their website.

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California American Water has issued guidelines for proper disposal of Fats, Oils and Cooking Grease (FOGs) to protect residential plumbing and wastewater systems. The company warns that when FOGs are washed down sinks, they can solidify into thick sludge, causing pipe blockages and system overflows. Neither dishwashing detergents nor garbage disposals can effectively break down these materials. Key recommendations include: never rinsing FOGs down drains, installing drain strainers to catch food scraps, and scraping plates and cookware into trash before washing.

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American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., has issued guidelines for proper disposal of Fats, Oils and Cooking Grease (FOGs) to protect residential plumbing and wastewater systems. The company warns that FOGs can solidify in pipes, creating thick sludge that leads to blockages and overflows, as neither dishwashing detergents nor garbage disposals can effectively break down these materials. Key recommendations include never rinsing FOGs down drains, installing drain strainers, and scraping food scraps into trash before washing dishes.

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California American Water has completed the relocation of 860 feet of pipe in Del Rey Oaks to accommodate the Fort Ord Regional Trail and Greenway (FORTAG) project. The operation involved a two-day shutdown of a 16-inch high-pressure water main, requiring careful coordination to maintain customer service. Multiple utilities along Highway 218 collaborated to minimize community disruption. The FORTAG project aims to connect communities around the former Fort Ord area, including Seaside, Marina, Del Rey Oaks, Monterey, and unincorporated areas, providing a recreational trail for pedestrians and cyclists.

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Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), has completed the acquisition of Farmington Township's water and wastewater systems and signed an agreement to acquire Corner Water Supply in Clarion County. The combined $5.8 million acquisitions will serve approximately 1,100 water and 500 wastewater customers. The company plans to invest over $3 million in system improvements over the next five years. Once the Corner Water acquisition is completed, Pennsylvania American Water's Clarion County customer base will expand to about 5,200 water and 3,900 wastewater connections.

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California American Water is raising awareness about utility scams on Utility Scam Awareness Day. The company highlights two common scam tactics: imposters posing as utility workers to enter homes and fraudulent urgent payment demands to prevent service disruption.

To protect against scams, customers should:

  • Always verify utility worker identification
  • Contact the utility company directly through official channels when uncertain
  • Remain skeptical of unexpected communications
  • Stay calm during suspicious interactions
  • Never provide cash payments to field workers

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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 $125.92 as of December 20, 2024.

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

The market cap of American Water Works Company (AWK) is approximately 24.1B.

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 Water Works Company, Inc

NYSE:AWK

AWK Rankings

AWK Stock Data

24.10B
194.15M
0.12%
94.05%
2.07%
Utilities - Regulated Water
Water Supply
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United States of America
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