87.59 +0.01 (0.01%)
After hours: 5:19PM EDT
|Bid||87.75 x 2200|
|Ask||92.00 x 800|
|Day's Range||86.89 - 87.78|
|52 Week Range||76.04 - 92.37|
|PE Ratio (TTM)||35.75|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||1.82 (2.08%)|
|1y Target Est||91.18|
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.
American Water Works' (AWK) unit is likely to invest $3 million for upgrading its existing water infrastructure in Garwood, NJ.
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.
American Water is selling its contract services business unit for $27 million as the South Jersey-based public utility company increases its focus on its regulated business units. After operating its contract services group for more than 30 years, the company, currently based in Voorhees, is selling 23 of its 33 of the contracts it holds with large industrial customers and municipalities to handle operations and management of their water systems. A subsidiary of Veolia North America agreed to purchase the market-based business and bring on 110 employees from American Water, but the soon-to-be Camden-based American Water will retain contracts in Camden, North Brunswick and South Orange in New Jersey as well as Godfrey, Ill., “due to their proximity to existing regulated service areas,” CEO Susan Story said in a statement.
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.
The money will help fund home repairs, flood prevention and parks. The mayor said the grant will help drive further investment in the city.
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.
American Water (AWK), the largest publicly-traded U.S. water and wastewater utility company, announced that Linda Sullivan, executive vice president and chief financial officer (CFO), was recognized by the Philadelphia Business Journal as a CFO of the Year honoree. The award honors those executives who exemplify the professionalism, integrity, resilience, mastery of all the financial and people skills that make a great CFO. “I want to congratulate Linda on this well-deserved recognition,” said Susan Story, president and CEO, American Water.
American Water Works Company, Inc. (AWK), the largest publicly traded U.S. water and wastewater utility company, today announced that it has agreed to sell the majority of its market-based Contract Services business to a unit of Veolia North America for $27 million. As part of the sale agreement, 23 of American Water’s 33 operations and maintenance (O&M) contracts with municipalities and large industrial customers, along with incumbent employees, will transfer to Veolia. American Water anticipates that the sale will close in the third quarter of 2018.
American Water Works' (AWK) unit, Pennsylvania American Water is going to acquire a water and wastewater system in Pennsylvania, which will add 610 customers to its existing customer base.
When the deal closes, American Water will add hundreds of customers to its growing presence in Northumberland County.
Pennsylvania American Water, a subsidiary of American Water (AWK), announced today that it has signed an agreement to acquire the water and wastewater systems of Turbotville Borough in Northumberland County. The purchase price of approximately $1 million includes acquiring the water assets of the Municipal Authority of the Borough of Turbotville and wastewater assets from the Borough of Turbotville. The water system serves approximately 320 customers in the Borough and a portion of Lewis Township, while the wastewater system provides service to approximately 290 customers in Turbotville.
American Water (AWK), the nation's largest publicly traded water and wastewater utility company, today announced Edward Vallejo, vice president, Investor Relations will speak at an upcoming meeting of the Philadelphia Securities Association. On Tuesday, July 10th, Vallejo will give a presentation that provides an overview of American Water and its commitment to providing safe, clean, reliable, and affordable water and wastewater services to their customers. The Philadelphia Securities Association was founded to promote and provide a platform for the distribution of corporate and investment knowledge to its members, the maintenance of the highest ethical standards in the conduct of the investment business, and the encouragement of an association of good fellowship among various constituents in the Philadelphia investment and securities business.
American Water Works' (AWK) unit Pennsylvania American Water will pass on the tax-reform savings to lower water and wastewater customers' bills.
Pennsylvania American Water announced today that most of its water and wastewater customers will start seeing lower monthly bills as a result of the federal Tax Cuts and Jobs Act of 2017. For customers who receive both water and wastewater service from Pennsylvania American Water, their monthly bills will reflect a credit for each. On May 17, 2018, the Pennsylvania Public Utility Commission (PUC) issued an order directing 17 electric, natural gas, and water and wastewater utilities, including Pennsylvania American Water, to implement a “negative surcharge” or monthly credit on customer bills.
American Water Works (AWK) filed for a $15.4-million rate increase to recoup the expenses incurred for enhancing existing infrastructure to provide better services to customers.
California American Water is pleased to announce being named to the U.S. Veterans Magazine’s Best of the Best Top Veteran-Friendly Company and Top Supplier Diversity Programs lists. In addition, the company recently received the 105 percent Club Award from the U.S. Veterans Business Alliance. The two coveted distinctions recognize California American Water’s commitment and efforts to assist veterans and diverse business owners.
Maryland American Water has filed a petition with the Maryland Public Service Commission (PSC) for new rates seeking recovery of significant investments the company has made to secure water supply for its customers in Bel Air and parts of Harford County. “To help mitigate rate increases for our customers, Maryland American Water works hard to control costs and operate as efficiently as possible,” said Barry Suits, Maryland American Water president.
American Water Works (AWK) continues to invest, thereby strengthening its existing water infrastructure to serve customers more efficiently.