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.
American Water (NYSE: AWK), the largest regulated water and wastewater utility in the U.S., celebrates the 50th anniversary of the Safe Drinking Water Act (SDWA), which has protected drinking water quality since December 16, 1974. CEO M. Susan Hardwick emphasized the law's significant impact on public drinking water supply and acknowledged the dedication of industry professionals.
The company has announced plans to invest over $40 billion in infrastructure repairs, replacement, and system resiliency over the next decade. This investment demonstrates American Water's commitment to addressing emerging water safety and quality challenges while maintaining the SDWA's mission of protecting public health.
The company launched a 50-day countdown to commemorate the SDWA anniversary and provides access to annual Water Quality Reports for customers through their zip code.
American Water (NYSE: AWK) announced significant leadership changes and the creation of a new customer strategy role. Lynnae Wilson will join as Senior Vice President, Customer Strategy, overseeing both Customer Service and IT organizations. Matt Prine, current Indiana American Water President, becomes Chief Customer Officer, while Deb Degillio is appointed Chief Technology and Information Officer.
Additional changes include Barry Suits moving from Maryland and Virginia American Water to become Indiana American Water President, and Laura Runkle stepping up from Iowa American Water VP of Operations to lead Maryland and Virginia operations. All changes will be effective January 13, 2025.
American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., has shared important tips to help customers stay informed about their water services. The company offers multiple notification channels for both direct customers and non-account holders:
Key features include:
- MyWater platform for direct customers to receive notifications via phone, text, or email
- CodeRED service for non-account holders to receive water-related alerts
- Online alerts system on state homepages
- Customer Advisory Map for checking active service alerts by address
- Emergency reporting system through emergency.amwater.com
California American Water has activated its customer protection program for Ventura County District residents affected by the Mountain Fire. The program offers significant relief measures for customers in the Las Posas Estates water system who experienced mandatory evacuations, property damage, or displacement.
Key protections include suspension of disconnections and late payment fees through March 2025, adjusted payment options for up to one year, and bill adjustments for extraordinary water use. For customers whose homes were damaged or rendered uninhabitable, the company will waive water bills, reconnection fees, and facility fees. They will also offer reduced bills for periods when houses are unlivable.
American Water (NYSE: AWK) has announced the results of its annual AmerICANs in Action! Month of Service. During September, more than 900 employees participated in 84 community volunteer projects, contributing over 3,000 hours of service across the company's national footprint.
The initiative encourages employees, family members, retirees, and business partners to lead volunteer projects in their local communities. Projects included school supply drives in California, community clean-ups in Missouri and New Jersey, blood drives in Illinois, and support for food banks and animal shelters in Tennessee and Pennsylvania. Teams in Indiana and West Virginia collaborated with local United Way chapters.
California American Water and the American Water Charitable Foundation announced a $20,000 commitment to The Greater Sacramento Urban League (GSUL) as part of a larger Foundation Corporate Strategic grant. This funding is part of a combined $260,000 support for workforce development initiatives for the National Urban League and Affiliate Movement.
GSUL's Greater Sacramento Works Job Center serves over 3,000 clients annually, providing career counseling, job placement, professional development workshops, and practical resources. Their initiatives include Job Talk, a monthly workshop connecting job seekers with employers, and occupational training programs focused on high-growth industries.
This grant is part of the Foundation's 2024 Keep Communities Flowing Grant Program, which focuses on Water, People and Communities pillars.
American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., has been named to Forbes' inaugural Most Trusted Companies in America 2025 list. The company was selected among the top 300 out of 2,000 eligible U.S.-based public companies with over 1,000 employees.
The rankings were based on four key measurements: Employee Trust (Glassdoor ratings), Customer Trust (HundredX survey ratings), Investor Trust (stock performance and growth metrics), and Media Sentiment (SignalAI coverage analysis). The recognition follows American Water's other recent Forbes accolades, including ranking first in the utilities category for America's Best Large Employers 2024 and placing eleventh on America's Best Employers for Diversity 2024.
Illinois American Water received approval from the Illinois Commerce Commission for new water and wastewater base rates, effective January 1, 2025. The change is driven by $557 million in capital investments planned for 2024-2025, including $421 million for water infrastructure and $136 million for wastewater systems.
The approved increase will result in a $110.6 million annualized revenue increase. Projects include replacing 44 miles of aging pipelines, upgrading treatment plants, and improving storage tanks, wells, pumping stations, and fire hydrants. Typical residential customers will see monthly increases of approximately $16 for water service and $8.50 for wastewater service. The company is also expanding its income-based discount tariff for eligible customers.
California American Water received approval from the California Public Utilities Commission (CPUC) for a partial settlement in its General Rate Case. The decision grants incremental annualized revenues of $20.9 million for 2024, and $15.9 million each for 2025 and 2026. The CPUC authorized $390 million in new infrastructure investments for system upgrades.
While the CPUC approved a sales adjustment mechanism, it did not include decoupling mechanisms. The settlement includes improvements to the Customer Assistance Program, increasing discounts from 20% to 25% for qualified customers in Northern and Southern California, and from 30% to 35% in Central California.
American Water Works Company (NYSE: AWK) has declared a quarterly cash dividend of $0.7650 per share of common stock. The dividend will be payable on March 4, 2025, to shareholders of record as of February 7, 2025. This quarterly dividend continues the increased annualized dividend announced on May 1, 2024.
The company offers a dividend reinvestment and direct stock purchase plan called American Water Stock Direct, allowing shareholders to reinvest dividends and purchase additional shares without brokerage commissions or service charges. Shareholders can obtain plan information through Equiniti Trust Company or American Water's Investor Relations department.
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