|Bid||89.40 x 800|
|Ask||90.00 x 800|
|Day's Range||88.78 - 89.93|
|52 Week Range||76.04 - 92.37|
|PE Ratio (TTM)||34.16|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||1.82 (2.03%)|
|1y Target Est||92.91|
American Water (AWK), the nation’s largest publicly traded water and wastewater utility company, announced today that it has earned the 2019 Military Friendly® Employer Bronze designation by Victory Media. First published in 2003, Military Friendly® Employers is the most comprehensive, powerful resource for veterans today. “I’m honored to work alongside the many men and women who have served honorably in our military, and proud American Water has been recognized with the 2019 Military Friendly® Bronze designation,” said Chief Operating Officer Walter Lynch, a veteran of the U.S. Army.
West Virginia American Water announced today that its customers will start seeing lower monthly bills as a result of the federal Tax Cuts and Jobs Act of 2017 if a joint stipulation filed this afternoon is approved by the Public Service Commission (PSC). The agreement was reached between West Virginia American Water, Public Service Commission (PSC) staff, Consumer Advocate Division (CAD), Kanawha County Commission, and City of Charleston. If approved as proposed, West Virginia American Water would reduce its rates by an average of 3.5 percent effective September 1, 2018 to reflect its federal tax savings from September 1 until the PSC sets new rates in February 2019, which would provide a savings to customers of approximately $2.2 million.
Illinois American Water’s Alton, Cairo and East St. Louis Water Treatment Plants and their water quality teams earned the Directors Award of Recognition from the Partnership for Safe Water for maintaining Phase III certification for 15 years. The awards, which honor the efforts in continuously optimizing treatment plant and distribution system operation and performance, were presented during the 2018 American Water Works Association (AWWA) Annual Conference. The Partnership is a voluntary initiative developed by the U.S. Environmental Protection Agency (EPA), AWWA and other water organizations to recognize water suppliers that consistently achieve water treatment standards which are more stringent than EPA regulatory requirements.
Beginning today, Illinois American Water crews will be flushing water mains and fire hydrants in Fisher. This work, which will continue throughout the month of August, is part of the company’s annual maintenance program to help ensure continued high-quality water service and fire protection to homes and businesses. According to Dave Farrar, senior manager of field operations and production, flushing the water system entails sending a rapid flow of water through the water mains and fire hydrants.
A Wilmington life sciences firm was the only local company among the top 150, though there were 17 total entries from Greater Philadelphia.
Illinois American Water President Bruce Hauk was awarded the Corporate Leadership Award by the Illinois Black Chamber of Commerce during its 13th Annual Statewide Convention in Peoria. Roger Goodson, Senior Manager of Field Operations and Production for the Peoria District accepted the award on behalf of Hauk and Illinois American Water.
American Water Works' (AWK) unit is likely to invest $2 million in replacing 7,000 miles of aging water mains in its service area including Champaign, Urbana and Savoy.
Consolidated Water's (CWCO) Q2 earnings lag estimates but revenues improve year over year due to better contribution from Retail and Bulk operations.
California American Water announced that Chris Cook has been promoted to Director of Operations for the Monterey Peninsula, replacing Eric Sabolsice, who left the company in July. A native of the Monterey area, Chris came to California American Water in 2015 as Assistant Engineering Manager and was promoted to Engineering Manager the following year. “I am delighted to welcome Chris as our new Director of Operations,” said Garry Hofer, vice president of operations.
Illinois American Water’s Champaign County District is investing approximately $2 million to upgrade its water service distribution system. The investment includes replacing and installing over 7,000 feet of water main across the service area including Champaign, Urbana and Savoy.
Company demonstrates outstanding commitment to delivering superior quality drinking water to customers
On a per-share basis, the Voorhees, New Jersey-based company said it had profit of 91 cents. Earnings, adjusted for non-recurring gains, came to 83 cents per share. The results surpassed Wall Street expectations. ...
VOORHEES, N.J.-- -- Second quarter 2018 diluted earnings per share $0.91 compared to $0.73 in the second quarter of 2017 Second quarter 2018 adjusted diluted earnings per share was $0.83 an increase of 13.7 percent, excluding the benefit from an insurance settlement related to the Freedom Industries chemical spill Achieved strong results in both the Regulated Businesses and the Market-Based Businesses ...
Illinois American Water’s efforts to connect the Sadorus water system to the Champaign County water distribution system are nearing completion. The investment of approximately $1.2 million included installing about three miles of water main to connect the two systems. The Environmental Protection Agency has inspected the new 8-inch water main and approved permitting.
Illinois American Water’s Pontiac District is investing over $575,000 to upgrade its water service distribution system. The investment includes replacing and installing over 2,600 feet of water main. Work is also occurring on Howard Street from Ladd Street to Wood Street and on Wood Street from Howard Street to Madison Street.
American Water Works' (AWK) Q2 results will benefit from investments toward infrastructure upgrade and strategic acquisitions that expanded its customer base.