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.
On Tuesday, 90% of Stewartsville voters approved Missouri American Water as their water and wastewater provider. This decision will integrate 714 new customers into its service, enhancing infrastructure and regulatory compliance. Missouri American Water is dedicated to improving service reliability and maintaining low long-term costs, with a history of providing safe, reliable water services to around 1.5 million Missourians. The move awaits approval from the Missouri Public Service Commission.
American Water Works Company (NYSE: AWK) reported Q3 2021 diluted earnings of $1.53 per share, up from $1.46 in 2020. Year-to-date earnings reached $3.40 per share, a $0.29 increase from 2020. Despite a $0.07 per share weather impact, results showed a 10% increase year-over-year on a weather-normalized basis. The company affirmed its 2021 EPS guidance of $4.18 to $4.28 and established 2022 guidance at $4.39 to $4.49. Long-term EPS CAGR target is set at 7-9% for 2022-2026. The sale of the Homeowner Services business for approximately $1.275 billion aims to enhance growth in regulated sectors.
American Water has announced a deal to sell its Homeowner Services Group to Apax Partners LLP for approximately
American Water Works Company (NYSE: AWK) has declared a quarterly cash dividend of
Illinois American Water is set to build a new operations and distribution facility in Jerseyville, aimed at enhancing operational efficiency and customer service. Scheduled for construction this fall, the 16,000 sq. ft. facility will feature a customer payment window, maintenance garage, and dedicated training space for employee safety. This investment reflects the company's commitment to improving service quality for its 1.3 million customers in Illinois. The project, managed by Helmkamp Construction, is expected to be completed by the end of 2022.
American Water Works Company (NYSE: AWK) has announced that it will release its 2021 third quarter financial results on November 2, 2021. The earnings call and webcast for investors will take place on November 3, 2021, at 9 a.m. EDT. President Walter Lynch and CFO Susan Hardwick will lead the call, which will include a Q&A session. An audio archive of the call will be available until November 10, 2021. The company recognizes its website as a vital communication channel for public investors.
A new study by Opinium for American Water reveals that Americans underestimate their daily water usage by 90%, believing it to be under 100 gallons, while the actual average is over 2,000 gallons. The study highlights the substantial water footprint of common items, with misconceptions about the water needed to produce clothing and food. Key findings include the 4,688 gallons required for a holiday turkey and 2,600 gallons for a pair of jeans. The survey aims to raise awareness about water consumption ahead of the 'Imagine a Day Without Water' event on October 21.
A recent study by Opinium for American Water reveals that Americans grossly underestimate their daily water usage, believing they consume less than 100 gallons, while the actual average exceeds 2,000 gallons. The survey, conducted ahead of the 'Imagine a Day Without Water' event on October 21, highlights significant awareness gaps regarding water consumption in daily products. For instance, a pair of jeans requires about 2,600 gallons to produce, while a smartphone consumes over 3,400 gallons. Despite the unawareness, 90% of Americans express willingness to adopt water conservation habits.
New Jersey American Water announces its H2O Help to Others Program™ during Utility Assistance Week (October 18-22), aimed at aiding customers facing financial hardships in paying their water or wastewater bills. The program offers grants up to $500 and potential discounts on service charges. The company emphasizes outreach efforts as the utility shut-off grace period ends on December 31, 2021. New Jersey SHARES will assist in providing information through various channels, including a virtual session on November 22.
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