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 (NYSE: AWK) plans to release its Q3 2022 financial results and 2023 earnings guidance on October 31, 2022, after market close. A conference call with executives, including CEO Susan Hardwick, will occur on November 1, 2022, at 9 a.m. EDT, focusing on Q3 results and long-term targets. Interested parties can access the call via the Investor Relations website. American Water, established in 1886, is the largest publicly traded water utility in the U.S., serving approximately 14 million people across 24 states.
Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), announced an agreement to purchase the Butler Area Sewer Authority's wastewater system for $231.5 million. This system serves nearly 15,000 customers across 32.5 square miles, including the City of Butler and surrounding areas. The deal includes job offers to all BASA employees and a one-year rate freeze for customers. Pennsylvania American Water plans to invest over $75 million in system upgrades, ensuring improved services and infrastructure enhancements. The transaction aims to close by the end of 2023.
Illinois American Water has announced over
Pennsylvania American Water announced the allocation of $71,000 in grants to 142 fire and rescue organizations across the Commonwealth, aligning with Fire Prevention Week. The initiative, part of its annual Firefighting Support Grant Program, reflects a continued commitment to enhancing local fire departments' capabilities. Since its inception in 2009, the program has contributed over $850,000 to support fire services in Pennsylvania, enabling purchases of vital firefighting equipment and training materials.
California American Water introduced a phased plan for the Monterey Peninsula Water Supply Project (MPWSP) to enhance the Monterey Peninsula's water supply. This initiative involves a 6.4 million gallon per day desalination facility, with an initial output of 4.8 million gallons. Community feedback supports the need for drought-proof water supplies to foster economic development and housing construction. The approach allows for future expansions while addressing water shortages exacerbated by drought and reduced Carmel River use.
Illinois American Water has successfully diverted over 109,000 dry tons of residuals and biosolids from landfills since 2016 by partnering with local farmers. This initiative is part of their commitment to environmental sustainability, enhancing soil health through alum and lime residuals and biosolids, which improve soil moisture and nutrient levels. The company adheres to strict application guidelines, ensuring responsible land use while promoting green technology. Illinois American Water serves approximately 1.3 million residents, demonstrating effective water treatment and community engagement.
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