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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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Pennsylvania American Water is hosting a supplier summit on April 13, 2023, from 9:30 a.m. to 3:30 p.m. at the DoubleTree by Hilton Hotel in Greentree. The company plans to invest over $2 billion in its water and wastewater systems, emphasizing an inclusive supply chain to support local economies. The summit encourages attendance from diverse suppliers, including certified VBE, WBE, MBE, LGBTQ, Disabled, and Service-Disabled companies. This networking opportunity will connect attendees with primary contractors and major suppliers, aiming to enhance supplier diversity and competitive procurement processes.

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Illinois American Water is participating in the EPA's Fix a Leak Week from March 20-26, promoting water conservation to its customers. Leaks can waste up to 10,000 gallons of water per year per household, with a national total exceeding 1 trillion gallons. Fixing leaks can reduce water bills by an estimated 10 percent. The company is committed to improving water infrastructure for enhanced service reliability. Leak detection tips include monitoring monthly bills and testing toilets for leaks. Illinois American Water serves about 1.3 million people and has been recognized for customer satisfaction in the Midwest.

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Missouri American Water, in collaboration with the U.S. EPA, is promoting "Fix a Leak Week" from March 20-26 to educate customers on identifying and repairing water leaks. The EPA reports that household leaks waste nearly 10,000 gallons of water annually, potentially increasing water bills by 10%. Common leaks originate from faucets and toilets. Missouri American Water recommends monitoring water bills, testing toilets, checking faucet gaskets for leaks, listening for running water, and inspecting irrigation systems. The company is investing $425 million in water and wastewater system improvements this year to further reduce leaks and enhance service.

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California American Water (NYSE: AWK) has responded to the Public Advocates Office's (PAO) motion seeking a rehearing on Decision 22-12-001 regarding the Pure Water Monterey Expansion (PWMe) project. Their response supports the PAO's request for changes that would address two main issues: securing funding for new extraction wells and correcting legal errors in infrastructure funding. The company stresses that it will proceed with the PWMe agreement if the PAO's amendments are adopted. Notably, the original commission decision could negatively affect the company's operations and customers.

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Missouri American Water is currently accepting applications for its 2023 Hydration Station Grant Program, aimed at enhancing access to safe hydration in public spaces. Last year, 20 schools, cities, and nonprofits received funding for drinking fountains and bottle filling stations. The initiative not only promotes environmental stewardship by reducing plastic waste but also aims to assist underserved communities. Applications will be accepted until April 30, 2023. Interested parties can apply online provided they are customers of Missouri American Water.

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California American Water, in partnership with the American Water Charitable Foundation, has awarded a $25,000 grant to the Monterey County Fire Training Officer’s Association for a Pump Pod training tool. This tool aims to enhance firefighter training while significantly reducing water usage. In its initial training days, the tool has already saved 25,000 gallons of water. This initiative aligns with California American Water's conservation goals and demonstrates the company's commitment to community support.

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American Water (NYSE: AWK) has announced that Cheryl Norton, Executive Vice President and Chief Operating Officer, will receive the prestigious Corporate Neighbor Award at the 2023 RIPPAC Gala. With over 35 years in the utility industry, Norton is recognized for her leadership and commitment to providing outstanding service to customers. The gala will take place on March 10, 2023, at the Westin Hotel in Mt. Laurel, N.J. American Water, established in 1886, operates as the largest publicly traded water and wastewater utility in the U.S., serving approximately 14 million people across 24 states.

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New Jersey American Water is set to begin its annual water main flushing program next week, continuing through fall 2023. This initiative aims to maintain high-quality water service by removing sediment and mineral deposits from pipes. Flushing will be conducted in designated areas, with potential short-term effects such as low water pressure or discolored water. Customers are encouraged to prepare accordingly. This program aligns with the Water Quality Accountability Act and supports ongoing investments in infrastructure.

New Jersey American Water serves approximately 2.8 million residents, ensuring reliable water and wastewater services.

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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.

American Water Works Company, Inc

NYSE:AWK

AWK Rankings

AWK Stock Data

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