American Water Works pany(AWK)
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California American Water and Assemblywoman Soria Partner to Support Madera County Food Bank
Businesswire· 2025-11-13 20:00
Nov 13, 2025 3:00 PM Eastern Standard Time California American Water and Assemblywoman Soria Partner to Support Madera County Food Bank Share MADERA. Calif.--(BUSINESS WIRE)--California American Water, in partnership with Assemblywoman Esmeralda Soria, presented a $2.500 donation to the Madera County Food Bank as part of the annual Operation Gobble campaign. Operation Gobble is a longstanding charitable initiative that brings together water utilities and elected officials to support nonprofit organizations ...
American Water Works Stock Outlook: Is Wall Street Bullish or Bearish?
Yahoo Finance· 2025-11-13 13:14
American Water Works Company, Inc. (AWK), headquartered in Camden, New Jersey, provides water and wastewater services to approximately 1,700 communities in 14 states, serving approximately 3.5 million active customers. Valued at $25.3 billion by market cap, the company operates an extensive infrastructure of wastewater treatment plants, pipelines, wells, dams, storage facilities, and more. Shares of this water utility giant have underperformed the broader market over the past year. AWK has declined 2% ove ...
Pennsylvania American Water Awards more than $130K to Local Fire Departments
Businesswire· 2025-11-12 17:27
MECHANICSBURG, Pa.--(BUSINESS WIRE)---- $AWK #WeKeepLifeFlowing--Pennsylvania American Water announced today that it awarded $131,500 in grants to 203 fire and rescue organizations in 32 counties through its 2025 annual Firefighting Support Grant Program. Since launching the grant program in 2009, Pennsylvania American Water has contributed more than $1 million to help hundreds of local fire departments purchase emergency gear, life-saving equipment, training materials and essential firefighting apparatus. ...
American Water Executives Share Industry Expertise at 2025 NARUC Annual Meeting
Businesswire· 2025-11-11 18:00
CAMDEN, N.J.--(BUSINESS WIRE)-- #AmericanWater--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., participated in the 2025 National Association of Regulatory Utility Commissioners (NARUC) Annual Meeting & Education Conference, held November 9-12 in Seattle, Washington. The event convened state regulators, utility executives and industry experts to explore the future of utility service amid evolving policy, climate and customer expectations. "American Water i ...
Sarah E. Leeper Named President of California American Water and Hawaii American Water
Businesswire· 2025-11-05 16:39
SAN DIEGO--(BUSINESS WIRE)-- #AmericanWater--California American Water announced today that Sarah E. Leeper, currently Vice President and Managing General Counsel, has been named President of California American Water and Hawaii American Water, effective today. Leeper replaces Kevin Tilden, who is leaving the company effective December 31. "We are thrilled to have Sarah take on this new role at American Water and we wish Kevin the best," said Cheryl Norton, EVP and Chief Operating Officer of American Water. ...
California American Water is Constructing New Treatment Facility in Oakhurst
Businesswire· 2025-11-04 19:09
OAKHURST, Calif.--(BUSINESS WIRE)--California American Water has begun construction on a new water treatment facility in its Madera County water district, marking a significant investment in providing high- quality water service, long-term reliability and system resiliency for customers in the district's Goldside system. "This treatment facility is designed to improve water quality and continue to help the company meet all health and safety standards without interruption to service,†said Usmita. ...
Virginia American Water Files Rate Request Driven by More Than $115 Million in Investment
Businesswire· 2025-11-03 21:30
Core Points - Virginia American Water has filed a request with the Virginia State Corporation Commission for new rates, reflecting over $115 million in investments in water and wastewater systems [1] - The request emphasizes the company's commitment to replacing aging infrastructure and ensuring safe, clean, reliable, and affordable service in compliance with environmental regulations [1] Investment and Infrastructure - The proposed rate changes are a result of significant investments aimed at modernizing the water and wastewater systems [1] - The company aims to enhance service quality and reliability for its customers through these long-term investments [1]
Pennsylvania American Water Offers Customer Assistance Options
Businesswire· 2025-10-31 16:49
Core Viewpoint - Pennsylvania American Water is addressing the financial challenges faced by customers due to the government shutdown by offering various payment plans and assistance programs [1] Company Initiatives - The company is implementing several payment plans to support customers with their water and wastewater bills [1] - Pennsylvania American Water is sensitive to the impact of the government shutdown on its customers, as stated by Gary Lobaugh, the director of government and external affairs [1]
Essential Utilities: I'm Holding Shares Ahead Of The Merger (NYSE:WTRG)
Seeking Alpha· 2025-10-31 13:05
Core Insights - American Water Works (AWK) announced its acquisition of Essential Utilities (WTRG), marking a significant merger in the U.S. water utility sector [1]. Company Summary - American Water Works (AWK) is expanding its portfolio through the acquisition of Essential Utilities (WTRG), which is expected to enhance its market position within the water utility industry [1]. - Essential Utilities (WTRG) will be integrated into American Water Works, potentially leading to increased operational efficiencies and market reach [1].
American Water Works Q3 Earnings Beat Estimates, Revenues Up Y/Y
ZACKS· 2025-10-30 17:20
Core Insights - American Water Works Company (AWK) reported Q3 2025 earnings per share (EPS) of $1.94, exceeding the Zacks Consensus Estimate of $1.90 by 2.1% and reflecting a 7.8% increase from the previous year's EPS of $1.80 driven by revenue and operating income growth [1][8] Total Revenues of AWK - AWK's total quarterly revenues reached $1.45 billion, surpassing the Zacks Consensus Estimate of $1.32 billion by 19.6% and marking a 9.8% increase from the year-ago figure of $1.32 billion, attributed to new rates in Regulated Businesses and acquisition investments [2][8] AWK's Segmental Details - Net revenues from regulated businesses were $1.34 billion, up 10.2% year over year, while revenues from other segments totaled $108 million, reflecting a 3.8% year-over-year increase [3] Highlights of AWK's Q3 Release - Total operating expenses for Q3 were $837 million, a 7.3% increase from $780 million in the prior year, driven by higher employee-related costs, technology expenses, and taxes related to capital investments [4] - Operating income totaled $614 million, up 13.1% from $543 million in the previous year [4] Financial Highlights of AWK - Cash and cash equivalents stood at $166 million as of September 30, 2025, compared to $96 million at the end of 2024 [6] - Total long-term debt increased to $13.02 billion as of September 30, 2025, up 4% from $12.51 billion at the end of 2024 [6] - Cash flow from operating activities for the first nine months of 2025 was $1.40 billion, slightly down from $1.41 billion in the same period of 2024 [6] Merger Announcement - AWK announced a merger agreement with Essential Utilities, Inc. on October 27, 2025, projected to create a leading regulated U.S. water and wastewater public utility with a pro forma enterprise value of approximately $63 billion [7][9] AWK's Long-Term Guidance - The company reiterated its 2025 EPS guidance in the range of $5.70 to $5.75, with a consensus estimate of $5.72 [10] - For 2026, AWK expects EPS in the range of $6.02 to $6.12, with a consensus estimate of $6.14 [10] - Long-term EPS and dividend growth are expected to be 7-9%, with rate base growth of 8-9% [11] - AWK plans to invest $19-$20 billion during 2026-2030 and $46-$48 billion during 2026-2035 [11]