114.98 0.00 (0.00%)
After hours: 5:20PM EDT
|Bid||114.99 x 900|
|Ask||115.85 x 800|
|Day's Range||114.93 - 117.32|
|52 Week Range||85.88 - 119.30|
|Beta (3Y Monthly)||0.24|
|PE Ratio (TTM)||36.24|
|Forward Dividend & Yield||2.00 (1.71%)|
|1y Target Est||N/A|
With temperatures expected to rise across the region, reaching into the 90s this week and weekend, with heat indices above 100, Missouri American Water reminds customers to use water wisely. “This time of year, people use water in a variety of different ways, from watering gardens and lawns, to swimming and washing cars, and Missouri American Water wants to remind customers to conserve water whenever possible,” said Grant Evitts, vice president of operations for Missouri American Water. Missouri American Water offers the following tips to help consumers use water more efficiently, plus identify and prevent leaks, a significant source of water waste.
American Water Works Company, Inc. (AWK) announced today that it intends to release its 2019 second quarter financial results after the market closes on Wednesday, July 31, 2019. Susan Story, president and chief executive officer, Susan Hardwick, executive vice president and chief financial officer, and Walter Lynch, chief operating officer, will host the 2019 second quarter earnings conference call and webcast with investors, analysts and other interested parties on Thursday, August 1, 2019 at 9 a.m. Eastern Daylight Time. There will be a question and answer session as part of the earnings conference call.
American Water (AWK), the largest publicly traded U.S. water and wastewater utility company, today announced that it has been recognized as a top-scoring company on the Disability Equality Index (DEI), the most comprehensive disability inclusion assessment tool designed and embraced by both business leaders and disability advocates. This year, 180 businesses participated in the DEI, and American Water’s top score of 100 percent earned the recognition of “Best Places to Work for Disability Inclusion.” The inclusion criteria measured culture and leadership, enterprise-wide access, employment practices, community engagement, and supplier diversity. “At American Water, we embrace and value the fact that we’re beautifully different, through our varying abilities, strengths, experiences and viewpoints,” said President and CEO Susan Story.
Roger Goodson, senior operations manager for Illinois American Water’s Western Division, will now also provide leadership in the company’s Eastern Division of the state, effective July 8, 2019. In addition to managing operations in Illinois American Water’s Peoria, Pekin and Lincoln Districts, Goodson’s expanded leadership role will include providing oversight in the Champaign County, Pontiac, Sterling and Streator Districts. Goodson joined Illinois American Water in 2011 as an operations superintendent in Pekin.
With temperatures rising across the state, Illinois American Water is reminding customers to use water wisely. “From keeping hydrated to playing in water sprinklers, as well as running air conditioning and watering lawns, water plays an important role in warm-weather fun and responsibilities. The following tips from Illinois American Water can help consumers use water more efficiently, plus identify and prevent leaks, a significant source of water waste.
New Jersey American Water announced today it has completed its acquisition of the wastewater assets of the Borough of Mount Ephraim, N.J., for approximately $1.4 million. This municipal-owned sewer system serves approximately 1,800 customers, most of whom already receive water service from New Jersey American Water. The acquisition was approved by the New Jersey Board of Public Utilities on June 21, 2019.
California American Water has filed an application to set new rates in each of its service areas for 2021 through 2023. The new rates would take effect January 1, 2021, pending approval by the California Public Utilities Commission. “Our proposal is driven by the needs of our customers as well as our need to upgrade and maintain our infrastructure,” said Rich Svindland, president of California American Water.
Less than a week after acquiring the City of Alton wastewater system, Illinois American Water is investing approximately $750,000 to improve wastewater service to customers. The work includes replacing approximately 3,200 feet of existing clay sanitary sewer mains with new 6-, 8-, and 10-inch PVC sewer lines. Karen Cooper, Senior Manager of Field Operations and Production for Illinois American Water’s Southern Division, said this work is part of the company’s commitment to their new wastewater customers.
West Virginia American Water filed an application today with the Public Service Commission of West Virginia, seeking approval of its 2020 infrastructure replacement program and associated Distribution System Improvement Charge .
Indiana American Water today announced that the Indiana Utility Regulatory Commission has approved a stipulation and settlement agreement with the Indiana Office of Utility Consumer Counselor and several other interested parties regarding the company’s rate request filed in September 2018. Details of the agreement are contained in an order issued on Wednesday, June 26, 2019 by the IURC. “We appreciate the cooperation of the Office of Utility Consumer Counselor and other interested parties in this proceeding to work toward and reach a negotiated settlement in this case,” said Indiana American Water President Matt Prine.
The Kentucky Public Service Commission today announced new water service rates for Kentucky American Water customers. “We continue to invest in water system improvements to ensure clean, safe, reliable water service for our customers,” said Nick Rowe, president of Kentucky American Water and senior vice president of American Water’s Southeast Division. The PSC also approved the implementation of a Qualified Infrastructure Program charge that will allow the company to replace aging water pipes in the distribution system as well as other water system assets at a quicker pace, before they potentially become more problematic and more costly to replace.
Illinois American Water President Bruce Hauk today announced the Company’s acquisition of the Alton Regional Wastewater System. The purchase adds approximately 23,000 new wastewater customers to the Company’s customer base in Southern Illinois. The City of Alton voted in favor of the sale in April 2018.
Illinois American Water is investing over $12 million to enhance water service to customers in the Champaign County area. The work, which is kicking off this summer, includes making improvements to the water treatment system and installing over 16,200 feet of water main in Champaign, Urbana and Sadorus. A bulk of the main replacement work is related to relocating water mains along Wright Street and Armory Street in Champaign as a part of the City’s street reconstruction project.
Rhonda Carter Adams, Illinois American Water’s Diversity Lead, was recognized by Who’s Who Diversity in Color (WWDIC) in the Most Intriguing People category. WWDIC is an annual publication that documents and celebrates the achievements of all people of color in the St. Louis Metropolitan area. Along with recognition at an awards ceremony in St. Louis, Mo., on June 13, an article about Adams is featured in the 2019 WWDIC magazine, alongside other nominees, detailing the path that led her to a career in supplier diversity.
New Jersey American Water has announced changes to its Legal and Government Affairs leadership. Debbie Albrecht has been named Vice President and General Counsel for American Water’s Eastern Division and David Mayer has been named Director of Government Affairs for New Jersey American Water. “Both Debbie and David have deep and broad experience in their respective fields and will provide New Jersey American Water with the expertise needed to continue to move the company forward,” said Cheryl Norton, President, New Jersey American Water and Senior Vice President, American Water Eastern Division.
Illinois American Water is investing over $1.8 million to enhance water service to the City of Farmington. The work, which kicked off this spring, includes making improvements to the water treatment system and replacing over a mile of water main. Over 6,600 feet of water main will be upgraded from 4-inch and 6-inch water main to 8-inch and 10-inch water main.
Illinois American Water is investing over $9.5 million in the Peoria area water system. Over $8.5 million of the investment is focused on the water distribution system. Another $1 million will support upgrading two water tanks at the water treatment plant.
Today, New Jersey American Water celebrated the completion of a significant expansion project at its Oak Glen Water Treatment Plant in Howell, N.J., with a ribbon-cutting ceremony on the grounds of the plant. This $26.2 million project ensures stability of its water supply and flexibility to support continued growth in the Monmouth and Ocean County region.
American Water (AWK), the largest publicly traded U.S. water and wastewater utility company, today announced that Kaitlin Mattos, a doctoral student at the University of Colorado at Boulder, has been chosen as the recipient of the American Water Works Association (AWWA) 2019 American Water Scholarship. The scholarship is an annual award of $5,000 presented to a graduate level student to assist with the development of professionals interested in service to the water industry.
The California Department of Water Resources (DWR) announced today they will provide a $10 million grant to public utility, California American Water, to help build the seawater desalination component of the Monterey Peninsula Water Supply Project, the company’s solution to the Monterey Peninsula’s long-standing water shortage. “We are extremely grateful to DWR for supporting our project,” said California American Water president Rich Svindland.
California American Water published the 2018 Consumer Confidence Reports, which demonstrate high quality water service throughout its state districts. The reports also cover drinking water sources, public health information, substances detected in the water and the levels of those substances.
Missouri American Water is proud to announce the hiring of Ken Franklin as its Manager of Government Relations. Franklin brings to the company more than two decades of knowledge and experience in government and politics. In addition to his professional roles, Franklin also serves on the boards of Girls Inc. and St. Louis Developmental Disability Resources.
American Water (AWK), the largest publicly traded U.S. water and wastewater utility company, announced today the company and its employees raised more than $272,000 to support Water For People, an international nonprofit organization dedicated to providing access to improved water and sanitation systems and services in developing countries. “We are providing a significant contribution to help Water For People in its mission to provide safe drinking water, clean sanitation, and education to people in developing countries where thousands of children die every day from waterborne illnesses,” said Linda Sullivan, Senior Vice President & Chief Financial Officer and executive sponsor of the company’s Water For People employee giving campaign.
Pennsylvania American Water today announced that 10 students across Pennsylvania have been selected to receive $1,000 scholarships through its Stream of Learning scholarship program.
Grant Evitts has accepted the position of Vice President of Operations for Missouri American Water, effective June 17. In his new role, Evitts will lead Water Quality, Field Operations, Production and Maintenance teams across the state. Evitts has been an employee of American Water for 30 years, holding positions in both Illinois and Missouri.