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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
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New Jersey American Water celebrated the graduation of 13 participants from its Water Utility Pipeline (Water UP!) training program in Plainfield, aimed at developing talent for the water utility industry. The 11-week program, conducted in partnership with Apex Solutions Group, included hands-on training and essential business skills. This initiative, part of a broader workforce development strategy, seeks to empower individuals from underserved communities, providing them with career paths in water and wastewater services. The program began in Camden in September 2021.

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The California Coastal Commission approved a development permit for intake slant wells to support California American Water's proposed desalination plant on November 17, 2022. This marks a crucial step in addressing the Monterey Peninsula's water supply crisis. The project aims to diversify water sources, alleviate pressure on the Carmel River Aquifer, and support new housing and economic development. Construction is expected to start in 2024, with the plant operational by the end of 2027, utilizing renewable energy sources and promising a community benefit of $3 million for local residents.

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Illinois American Water has appointed Kyle Smith as the new Senior Operations Manager for the Western Division, effective October 17, 2022. Smith, who joined the company in 2020, will oversee operations in Peoria, Pekin, and Lincoln Districts. His background includes serving as the Director of Planning and Public Works for Peoria Heights. Smith possesses a bachelor’s in business administration and a master’s in urban and regional planning, along with a Class B Public Water Supply Operator license. Illinois American Water, a subsidiary of American Water (NYSE: AWK), serves around 1.3 million customers.

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As winter approaches, Illinois American Water urges homeowners to take preventive measures against frozen pipes and water meters. Key recommendations include checking irrigation systems, identifying freezing points in the home, and protecting exposed pipes with insulation. During freezing temperatures, allowing a trickle of water to run can prevent pipes from freezing. Homeowners are encouraged to shut off water immediately if pipes freeze and to apply heat carefully to the affected areas. Illinois American Water provides services to approximately 1.3 million residents, highlighting its commitment to reliable water service.

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Missouri American Water warns residents of potential frozen pipes due to upcoming frigid temperatures. The utility advises on preventive measures such as knowing the main water shut-off valve, draining irrigation systems, and insulating exposed pipes. In case of frozen pipes, customers should shut off the water, thaw pipes safely, and check for leaks after thawing. The company serves approximately 1.5 million people and aims to mitigate repair costs and service interruptions during the winter.

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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 $135.97 as of February 28, 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

26.13B
193.59M
0.41%
93.95%
2.49%
Utilities - Regulated Water
Water Supply
Link
United States
CAMDEN