|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||87.12 - 89.43|
|52 Week Range||76.04 - 92.37|
|PE Ratio (TTM)||33.43|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||1.82 (2.04%)|
|1y Target Est||93.58|
American Water Works' (AWK) unit signs a deal to acquire the wastewater assets of Delaware Sewer Company and expand its operation in Pennsylvania
Pennsylvania American Water, a subsidiary of American Water (AWK), announced today that it has signed an agreement to acquire the wastewater assets of the Delaware Sewer Company in Delaware Township, Pike County. The wastewater system serves approximately 40 customers, and the transaction is valued at $61,700. The proposed acquisition is the result of the Pennsylvania Public Utility Commission (PUC) initiating an investigation to determine whether a capable utility should acquire the Delaware Sewer Company.
American Water Works' (AWK) unit, Missouri American Water has undertaken initiatives to improve water service quality by replacing 4,300 feet water mains in a couple of municipalities in Missouri.
Missouri American Water is beginning work on a project to replace approximately 4,300 feet of water main in North Saint Louis County in the municipalities of Ferguson and Dellwood, Mo., on West Florissant Ave. from Canfield Drive to Chambers Road. Starting this week, the company will install 20-inch ductile iron water main in the area in an effort to improve service reliability and prevent water main breaks. “Missouri American Water will be replacing two parallel water main, vintage 1928 and 1953, with a single 20-inch ductile iron water main,” said Christopher Parrish, Manager of Operations.
Last month, Illinois American Water’s Cairo District celebrated 19 years without experiencing any lost-time accidents. To ensure continued safe work practices, employees attend both classroom and hands-on training on a regular basis. Employees also participate in facility and job site audits at every job site to ensure compliance with established workplace safety practices.
Illinois American Water is inviting 3rd, 4th and 5th grade classrooms within the Company’s service area to participate in an “Imagine a Day Without Water” art contest. Artwork may also be featured in a future bill insert and other Illinois American Water communication pieces. This art contest is being offered in conjunction with the Value of Water Coalition’s “Imagine a Day Without Water” event.
American Water (AWK), the nation’s largest publicly traded water and wastewater utility company, is embarking on a series of volunteer efforts in Camden, NJ as part of its companywide AmerICANs in Action! Month of Service throughout September. Ahead of the company’s move into its new Waterfront headquarters this fall, employees are volunteering throughout Camden to support local nonprofits in a range of projects, from painting and cleaning local nonprofit buildings to mentoring local youth and sprucing up public spaces. “We are committed to helping those we serve every day of the year, and our AmerICANs in Action! Month of Service is a great opportunity for American Water employees across the country to support the neighborhoods where we work and live,” said Susan Story, president and chief executive officer of American Water.
American Water Works (AWK) files for a $542-million rate raise to recover investments made in existing infrastructure upgrade to serve customers better.
Indiana American Water today filed a petition with the Indiana Utility Regulatory Commission (IURC) to adjust its rates for water service in the communities it serves across the state. Indiana American Water’s ongoing infrastructure investments are the primary driver behind the request. The company is including more than $542 million of water infrastructure investments in its request.
The California Public Utilities Commission (CPUC) yesterday voted to approve the Monterey Peninsula Water Supply Project, a desalination project on the coast near Monterey. California American Water, a publicly traded utility company, is expected to complete the project by 2021.
Global Water Resources (GWRS) is set to further expand its operations in Arizona, through the acquisition of utilities in Pinal and Pima counties.
The stock market is a running milestone. We're currently in the longest-ever bull market - a fact that became official on Wednesday, Aug. 22, when it became 3,453 days old. Some have shrugged off the milestone; others, in evaluating stock picks, have been vexed by it. Scott Sadler, Founder and President at Boardwalk Capital Management, is part of the camp that understands a bull market has no specific time limit. He explains, "Bull markets don't die of old age, so the ticking clock isn't all that relevant. What is relevant is what conditions will make the bull market die. And usually, that has to do with tightening monetary policy." The other camp understands all things are cyclical, and further believes the growth boom is nearly out of gas. Reality is somewhere in the middle. The Federal Reserve is chasing a moving target; inflation isn't rampant yet, but it is clearly brewing. But the rekindled economy may not be strong enough to withstand more aggressive hawkishness. It's time for investors to at least start thinking defensively. This means owning stocks that can perform during the latter stages of a bull market but hold up should things turn sour. Here are 12 top stock picks to that end. SEE ALSO: 16 High-Yielding Monthly Dividend Stocks to Buy
Hawaii American Water will add about 217 connections, including the North Hawai'i Community Hospital, and Missouri American Water will add about 968 water customers.
Missouri American Water completed its acquisition of the Lawson water and wastewater systems today, adding approximately 968 new water customers and 913 new sewer customers to its more than 480,000 statewide customers. The purchase price for both the water and wastewater system is $4 million. Customers in Lawson, located southeast of the St. Joseph district, will receive their first statement from Missouri American Water during the first week of October.
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to begin learning about how toRead More...
Hawaii American Water has entered into a contract to purchase assets and operations of the Waimea Wastewater Company, Inc., which serves a portion of the town of Waimea. Located on the Island of Hawai’i, Waimea Wastewater Company is a regulated wastewater utility that serves approximately 217 residential and commercial connections, including the North Hawai’i Community Hospital. The Waimea Wastewater Company is a wholly-owned subsidiary of Parker Ranch, one of the largest cattle ranches in the United States.
A ribbon cutting and community celebration for Peoria GreenSplash is scheduled for Wednesday, September 12, from 3:30 p.m. to 5:30 p.m. at the northwest corner of the intersection of S. Griswold Street and S. Friedan Street in Peoria. This project was funded through a $150,000 Building Better Communities grant from the American Water Charitable Foundation (AWCF) and the National Recreation and Park Association (NRPA). Mayor Ardis stated, “Peoria GreenSplash is going to be a destination not only for recreation, but also education.
Long-term investors in search of the best growth stocks or hybrid growth-dividend stocks should find a gem among this group.
American Water (AWK), the nation’s largest publicly traded water and wastewater utility company, announced today that Brig. Gen. C. David Turner (U.S. Army, Ret.), president of American Water’s Military Services Group, will be honored at a park renaming ceremony on Aug. 25, 2018, in his hometown of Rock Hill, Mo. The ceremony will take place at the newly renamed Turner Park (formerly Greenwood Park), at 10 a.m. and is sponsored by Rock Hill Mayor Edward Mahan with the support of the St. Louis Gateway Professionals chapter of the National Society of Black Engineers. “All of us at American Water are proud to work with David on providing water and wastewater treatment solutions for our nation’s military communities, and excited for the recognition he’s receiving from his hometown for a lifetime of service to our country,” said Susan Story, president and CEO of American Water.
In this daily bar chart of AWK, below, we can see a mixed picture. The daily On-Balance-Volume (OBV) line has been rising since early March and tells us that buyers of AWK have been acting in a more aggressive way than sellers. In the lower panel we can see a bearish divergence as price momentum has slowed from late June to now even though prices have made higher highs.
Here are three key things from the water utility giant's Q2 earnings call that investors should know.
This week, Illinois American Water will begin its an annual maintenance program, which includes testing and flushing fire hydrants in addition to a temporary change in water treatment. While Illinois American Water crews are testing and flushing fire hydrants, customers may experience a slight drop in water pressure or draw some discolored water for a short period of time. In addition to the hydrant maintenance and flushing, Illinois American Water’s water quality team will be switching treatment to a form of chlorine known as “free chlorine,” which does not contain ammonia.
Aqua America's (WTR) unit files for a rate hike to recoup investments and carry on with its initiatives to strengthen the old water mains and wastewater systems.