|Bid||83.79 x 800|
|Ask||0.00 x 800|
|Day's Range||88.78 - 89.93|
|52 Week Range||76.04 - 92.37|
|PE Ratio (TTM)||34.16|
|Forward Dividend & Yield||1.82 (2.07%)|
|1y Target Est||N/A|
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.
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.
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
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 (AWK), the nation’s largest publicly traded water and wastewater utility company, today announced Dr. Ben Stanford, senior director, water intelligence will speak at the 2018 National Conference of State Legislatures’ (NCSL) Legislative Summit being held from July 30 – August 2 in Los Angeles, CA. On Wednesday, August 1st, Dr. Stanford will participate on a panel that will discuss the safety and quality of drinking water in the United States.
The public is invited to participate in a volunteer day for Peoria GreenSplash, located at the northwest corner of the intersection of S. Griswold St. and S. Friedan St. in Peoria on Friday, July 27 from 8:30 a.m. to 10:30 a.m. The new splash park and educational area was made possible through a $150,000 Building Better Communities grant from the American Water Charitable Foundation and the National Recreation and Park Association (NRPA). Volunteers are asked to prepare for the event by bringing sunblock, a hat, reusable water bottle, garden gloves and trowels. Illinois American Water will provide drinking water.
New Jersey American Water announced today it has signed an agreement to acquire the Roxbury Water Company, a family-owned and operated water utility that provides service to nearly 3,900 customer accounts in Morris County, N.J. “We are looking forward to welcoming residents served by Roxbury Water to our family of customers,” said Deb Degillio, president of New Jersey American Water. Roxbury Water Company began providing service in 1954 and currently serves nearly 3,900 residential and commercial connections in Roxbury Township.
American Water Works Company, Inc. (AWK) announced today that it intends to release its 2018 second quarter financial results after the market closes on Wednesday, August 1, 2018. Susan Story, president and chief executive officer, Linda Sullivan, executive vice president and chief financial officer, and Walter Lynch, chief operating officer, will host the 2018 second quarter conference call and webcast with investors, analysts and other interested parties on Thursday, August 2, 2018 at 9 a.m. Eastern Daylight Time. Interested parties may listen to an audio webcast on the Investor Relations homepage at ir.amwater.com.
American Water Works Company, Inc. (AWK), the largest publicly traded U.S. water and wastewater utility company, announced today it has been named to the newly-launched NAACP Equity, Inclusion and Empowerment Index. “We are extremely honored to be included in the inaugural NAACP Equity, Inclusion and Empowerment Index,” said Susan Story, president and CEO of American Water.
Under evaluation this morning are the following stocks: New Jersey Resources Corp. (NYSE: NJR), American Water Works Co. Inc. (NYSE: AWK), Aqua America Inc. (NYSE: WTR), and Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP (NYSE: SBS). On Tuesday, shares in Wall, New Jersey-based New Jersey Resources Corp. recorded a trading volume of 285,809 shares.
A ribbon-cutting ceremony was held on July 12 at Robert’s Lake in Seaside, California where the community celebrated the opening of an eco-recreation station funded by an American Water Charitable Foundation grant. Seaside is one of three cities to receive the Building Better Communities Grant, which helps local communities develop environment-based educational play opportunities. The event included a congratulatory speech by Seaside Mayor Ralph Rubio and other city representatives who thanked those involved in building the center.
Jen Thornburg has been named Senior Manager of Field Operations and Production for Illinois American Water’s Chicago Metro District, effective June 25, 2018. Thornburg comes to Illinois American Water with more than 20 years of diverse experience, holding many roles with the Exelon Corporation and ComEd in the Chicago area. “I look forward to the leadership and contributions Jen will make in this role.
Today, representatives from the City of Camden, New Jersey American Water, Cooper’s Ferry Partnership, Saint Joseph’s Carpenter Society, community partners and Camden residents gathered for the announcement of a $985,000 Neighborhood Revitalization Tax Credit (NRTC) grant from New Jersey American Water to fund revitalization efforts in the Cramer Hill neighborhood in Camden.
Jon Mase has been named Operations Superintendent of Illinois American Water’s Streator District, effective June 25, 2018. Mase comes to Illinois American Water with more than 20 years of experience in utility operations and maintenance. Mase began his career in the utility industry at the Naval Boiler Theory and Propulsion Plant Operations School at the Great Lakes Naval Training Center in Illinois.
American Water (AWK), the nation’s largest publicly traded water and wastewater utility company, announced today the company and its employees have raised more than $2 million in the last decade for Water For People, an international nonprofit organization dedicated to providing access to improved water and sanitation systems and services in developing countries. This year’s successful month-long campaign raised almost $200,000 to support Water For People’s life-changing work. In addition to financial donations, American Water employees volunteered to raise money in several creative ways, including competitive sports games, silent auctions, cookouts and bake sales, all which enable Water For People to get closer to its goal to provide access to clean water for everyone forever.