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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., will participate in the 2024 Mid-America Conference of Regulatory Utilities Commissioners (MACRUC) from June 23-26 in Louisville, Kentucky. Mark McDonough, President of New Jersey American Water, will be part of a lunch and learn session titled 'Hot Topics and Debates: Water Utilities and Alphabet Soup?' where he and other experts will discuss the recent PFAS Final Rule. MACRUC aims to enhance public utility regulation and the interests of its member states in regulatory, legislative, and policy areas.

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American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., confirmed its participation in the 2024 United States Conference of Mayors Annual Meeting from June 20-23 in Kansas City, Mo. Rebecca Losli, President of Illinois American Water, will join the Public-Private Partnerships forum and present a case study on wastewater collection service in Granite City, Illinois. The event gathers mayors, industry executives, policy experts, consumer advocates, and regulators to discuss current and emerging issues in the industry. For more information, visit the Conference of Mayors' official website.

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American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the US, will participate in the 2024 American Water Works Association (AWWA) Annual Conference and Expo (ACE24) from June 10-13 in Anaheim, California.

Chelsea Kulp, Senior Manager of Government and External Affairs, will present on communication tactics essential for lead service line replacement programs. Rob Burton, President of West Virginia American Water; Megan Hannah, Senior Manager of Government and External Affairs, West Virginia American Water; and Erica Pauken, Manager of Compliance, will discuss their response to the East Palestine, Ohio train derailment, focusing on source water protection and emergency response.

ACE24 brings together industry leaders to discuss critical issues affecting the future of water.

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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 Mid-Year Meeting for the National Association of State Utility Consumer Advocates (NASUCA). The event is scheduled for June 9-12 in Madison, Wisconsin. During the event, Nicholas Santillo, American Water's Chief Information Officer and Senior Vice President, will join a panel discussing water cybersecurity. This panel aims to address important cybersecurity issues affecting the nation's infrastructure. The NASUCA represents 61 consumer advocates across 45 states, the District of Columbia, Barbados, Puerto Rico, and Jamaica.

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American Water (NYSE: AWK), the largest regulated water and wastewater utility in the U.S., will contribute its expertise at the 2024 Mid-America Regulatory Conference (MARC) from June 9-12 in Minneapolis. Matt Prine, President of Indiana American Water, will participate in a panel titled 'Innovative Ideas in Commission Permitting and Community Engagement.' The panel will discuss the collaborative efforts between utilities, developers, regulators, stakeholders, and communities. MARC is an association of regulatory agencies from 14 states, facilitating annual meetings since 1958 to discuss industry issues and policies.

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American Water (NYSE: AWK) has appointed Stacy A. Mitchell as Executive Vice President and General Counsel, replacing the retiring James H. Gallegos. Mitchell brings over 25 years of legal and regulatory experience, enhancing the company's executive team. Previously, Mitchell served as the company's Senior Vice President and Deputy General Counsel, leading regulatory strategy and legal operations. Before joining American Water in 2019, she held senior roles at SJI Utilities and South Jersey Gas, and practiced privately in litigation, regulatory, and environmental law. Mitchell holds degrees from Stockton College and Rutgers School of Law.

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Missouri American Water has released its 2023 Water Quality Reports, which are now available on their website. These reports, also known as Consumer Confidence Reports, provide detailed information about local drinking water sources, laboratory testing results, and water quality levels. The company continues to meet or exceed standards set by the U.S. EPA and the Missouri Department of Natural Resources. Missouri American Water is investing over $500 million in 2024 to maintain and improve water services, including replacing over 90 miles of aging water pipes. Six of their treatment plants have been recognized with the Directors Award from the Partnership for Safe Water for 22 consecutive years.

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Illinois American Water has appointed Brian Eisenloeffel as the new Vice President of Operations, effective May 27. In this role, Eisenloeffel will oversee Safety, Business Performance, Water Quality, Field Operations, Production, and Maintenance teams across Illinois. With over 20 years of leadership experience at Missouri American Water, Eisenloeffel has held positions including Operations Supervisor, Construction Manager, Senior Operations Manager, and Senior Director of Operations in St. Louis County. Rebella Losli, President of Illinois American Water, praised Eisenloeffel's leadership and focus on customer service, highlighting his commitment to maintaining and updating water and wastewater infrastructure. Eisenloeffel holds a civil engineering degree from the University of Texas-San Antonio and will work from the company’s Belleville office.

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California American Water has released its 2023 Consumer Confidence Reports, showing high water quality across its districts in California. The reports compare their water quality to standards set by the U.S. Environmental Protection Agency and the California State Water Resources Control Board, Division of Drinking Water. These documents include information on water sources, public health, detected substances, and their levels. The reports also feature a modern design with illustrated sections and easy-to-understand explanations. President Kevin Tilden expressed satisfaction with the results and hopes customers find the reports informative. Customers can access these reports by zip code on the company's website.

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Illinois American Water has announced a significant milestone, investing over $101 million in 2023 with minority, women, and veteran-owned suppliers. This spending represents more than 33% of the company's total procurement, surpassing their 30% target. The company’s annual report, submitted to the Illinois Commerce Commission, also notes an 8.4% increase in spending with Illinois-based diverse businesses, now at 69.6% of total procurement.

President Rebecca Losli emphasizes that these efforts mark the sixth consecutive year of growth in their supplier diversity initiative. Program Director Jennifer Morrison highlights the ongoing expansion of diversity efforts throughout Illinois. The company aims to further enhance these partnerships to support investment projects, infrastructure upgrades, and operational needs.

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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
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United States of America
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