American Wtr Wks Co Inc Stock Price, News & Analysis

The Missouri Public Service Commission (MoPSC) has approved a settlement for new water and wastewater rates for Missouri American Water (NYSE: AWK). The rate adjustment, which will be effective by May 31, 2025, represents a total annualized revenue increase of $63 million. The rate request was primarily driven by $1.1 billion in infrastructure investments made since the last rate filing, focusing on plant and distribution system upgrades. Missouri American Water, serving approximately 1.6 million people, offers various customer assistance programs including payment installment plans, budget billing options, and the Help to Others (H2O) Program for income-eligible customers. American Water, the parent company, is the largest regulated water utility in the US, serving over 14 million people across 14 states and 18 military installations.

Missouri American Water (AWK) is participating in the annual Drinking Water Week celebration from May 4-10, 2025. This 40-year tradition, led by the American Water Works Association, focuses on infrastructure investment and educational initiatives. President Rich Svindland emphasized the company's dedication to providing safe, clean, reliable, and affordable drinking water through continued infrastructure investments.

The company is promoting customer education on various topics including watershed protection, conservation, and safe disposal practices. They are actively working with communities, regulators, and stakeholders to address local water and wastewater infrastructure challenges. Customers can access educational resources through community events, partnerships, bill inserts, and the company's website.

West Virginia American Water (AWK) has filed a rate request with the Public Service Commission of West Virginia, reflecting over $300 million in water and wastewater system investments. The company proposes a two-step rate implementation to enhance affordability: the first step effective March 1, 2026, and the second step on March 1, 2027.

For average residential customers using 3,000 gallons monthly, water bills would increase by approximately $11 per month in the first step and $5 in the second step. Wastewater bills would rise by about $8 and $5 per month in the respective steps. The company is also introducing a Universal Affordability Discount Tariff, offering 15-60% monthly bill discounts for eligible households based on income levels.

Pennsylvania American Water (NYSE: AWK) is participating in the annual Drinking Water Week celebration from May 4-10, 2025, a 40-year tradition led by the American Water Works Association. The company is focusing on promoting infrastructure investment awareness and providing educational resources for resilient water systems.

Director of water quality Brandy Braun emphasizes their commitment to delivering safe, clean, and affordable drinking water through continued investments. The company encourages customers to protect infrastructure through responsible drain usage and efficient water consumption to reduce bills. Educational resources about watershed protection, conservation, and safe disposal practices are available through community events, bill inserts, and their website.

American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., is celebrating Drinking Water Week (May 4-10, 2025). The company announced plans to invest $40-42 billion in capital improvements over the next 10 years, focusing on pipe replacement and upgrading aging water and wastewater treatment facilities. The investment strategy aims to maintain infrastructure resilience while delivering safe, clean, reliable, and affordable water services. American Water's President John Griffith emphasized the company's commitment to addressing local infrastructure challenges through capital investments, continuous improvement, cost management, and technology enhancements to maximize efficiency while serving customer needs.

American Water's Military Services Group has received the 2024 Wastewater Plant Operations Excellence Award from the Florida Department of Environmental Protection for its operations at Naval Station Mayport. The award recognizes excellence in plant operation, maintenance, and compliance. American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., provides drinking water and wastewater services to 18 military installations across the country. The award was presented during the Focus on Change seminar at Florida Gateway College.

American Water reported strong Q1 2025 earnings of $1.05 per share, up from $0.95 in 2024. The company affirmed its 2025 EPS guidance range of $5.65 to $5.75 and maintained its long-term growth targets.

Key highlights include:

• Announced quarterly dividend increase of 8.2% to $0.8275 per share
• Successfully issued $800 million in senior notes at 5.250% due 2035
• Invested $518 million in Q1, on track for $3.3 billion total investment in 2025
• Secured $161 million in additional annualized revenues from rate cases

The Regulated Businesses segment posted net income of $201 million, compared to $185 million in Q1 2024. Operating revenues increased due to rate case implementations and infrastructure investments. The company maintains its 7-9% target for both EPS and dividend growth, supported by its capital growth plan and operational execution.

American Water has announced an 8.2% increase in its quarterly cash dividend, raising it to $0.8275 per share of common stock. The enhanced dividend will be paid on June 3, 2025, to shareholders of record as of May 13, 2025.

President John Griffith emphasized that this increase aligns with the company's 7-9% EPS and dividend growth guidance, demonstrating their successful strategic execution. The company aims to maintain this growth rate long-term, targeting a dividend payout ratio between 55-60% of earnings.

Shareholders can participate in the American Water Stock Direct plan, which allows for dividend reinvestment and direct stock purchases without brokerage commissions. The plan is administered by Equiniti Trust Company, with details available through their website, American Water's Investor Relations department, or by phone.

Pennsylvania American Water has completed its $5 million acquisition of East Dunkard Water Authority (EDWA) in Greene County, serving approximately 1,600 customer connections. The company, which previously managed the system under a PUC emergency order, plans to invest over $16.1 million in system improvements over the next five years.

The improvements include main replacements, technology upgrades, and treatment plant enhancements. The company has already invested nearly $2 million during its receivership period. Pennsylvania American Water will maintain EDWA's current rates, with future changes requiring PUC approval.

The acquisition addresses challenges faced by aging water infrastructure, with State Senator Cameron Bartolotta acknowledging improved water quality and customer confidence. The company offers customer assistance through its H2O Help to Others Program, providing grants up to $500 annually and significant discounts on service fees and volumetric charges.