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 Works Company (NYSE: AWK) announced the retirement of George MacKenzie from its Board of Directors after 20 years of service, effective May 10, 2023. MacKenzie, who has been a board member since 2003 and served as Board Chair from 2006 to 2018, significantly contributed to the company's successful IPO in 2008. President and CEO Susan Hardwick expressed gratitude for his leadership and insights. MacKenzie previously held senior roles at Hercules Incorporated and P.H. Glatfelter Company, enhancing American Water's governance and strategic direction during his tenure.
California American Water successfully activated two new pump stations on February 13, enhancing its water infrastructure and reducing reliance on the Carmel River. This $6 million investment allows water to flow from the Seaside Basin to Carmel Valley, reversing over a century-long system flow. The initiative aims to protect the Carmel River ecosystem while assuring customers that water quality remains safe following the reversal. Notifications were sent to customers to address potential temporary discoloration caused by sediment. California American Water services about 700,000 people and operates as a subsidiary of American Water (NYSE: AWK).
American Water Works Company (NYSE: AWK) reported a full-year earnings of $4.51 per share for 2022, down from $6.95 per share in 2021, which included a $2.70 gain from the sale of its Homeowner Services Group. The fourth quarter earnings were $0.81 per share compared to $3.55 per share the previous year. In 2022, the company invested a record $2.6 billion and added 70,000 customer connections through acquisitions. American Water affirmed its 2023 EPS guidance of $4.72 to $4.82 and long-term growth targets of 7-9% for EPS and dividends. The company also reported its best safety performance and set a net zero GHG emissions target by 2050.
New Jersey American Water is set to implement its first Lead Service Line Replacement Charge for all water and fire service customers starting February 13, 2023. The LSLR surcharge, approved by the NJ Board of Public Utilities, will recover
FAQ
What is the current stock price of American Wtr Wks Co (AWK)?
What is the market cap of American Wtr Wks Co (AWK)?
