Welcome to our dedicated page for American Wtr Wks Co news (Ticker: AWK), a resource for investors and traders seeking the latest updates and insights on American Wtr Wks Co stock.
American Water Works Company Inc (AWK), the largest investor-owned U.S. water utility since 1886, provides essential water services through regulated operations and military contracts. This page aggregates official news and regulatory developments impacting this infrastructure leader.
Investors and stakeholders will find timely updates on earnings announcements, rate case decisions, and infrastructure investments. Our curated feed includes press releases about service expansions, environmental compliance milestones, and operational updates from AWK's 16-state footprint.
Key content focuses on regulatory filings with state commissions, capital improvement plans, and water quality initiatives. Track developments in AWK's military housing contracts and technological advancements in leak detection systems.
Bookmark this page for structured access to SEC filings, dividend declarations, and sustainability reports. Check regularly for analysis of how rate base growth and infrastructure renewal cycles impact this essential service provider.
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 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.
Illinois American Water has announced plans to construct a new $4.5 million elevated water storage tank in Champaign, with construction starting in late 2025 and completion expected in late 2026. The new tank will be located north of I-72, replacing a 78-year-old tank near Market Place Mall that has reached the end of its useful life.
Key highlights:
- New tank will nearly double storage capacity to over 1 million gallons
- Project aims to enhance water delivery system and fire protection
- Part of larger infrastructure investments in Champaign area
The company has recently completed two major projects at its Champaign water treatment plant:
- $9.62 million lime storage and batch delivery system upgrade
- $3.47 million backwash recycle pump station improvements
These investments, totaling over $17.5 million, demonstrate Illinois American Water's commitment to maintaining and upgrading critical water infrastructure in the Champaign service area.