CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it will participate in the third annual Pay Equity Roundtable hosted by the Forum of Executive Women and the Philadelphia Business Journal. “We are thrilled to host American Water, a pay equity leader in principle and in practice, for our annual roundtable,” said Meghan Pierce, President and CEO, Forum of Executive Women. “American Water’s commitment to p ...

American Water Works Company, Inc.’s (AWK) subsidiary, New Jersey American Water, announced that it entered an agreement to acquire the wastewater collection system of Borough of Manville, NJ, for $6.5 million. This acquisition will add 3,700  customers to New Jersey American Water’s portfolio.Aging of water and wastewater infrastructure are big concerns for the water industry. Timely repairs and maintenance of aging water, and wastewater infrastructure are essential to providing high-quality 24x7 services ...

CAMDEN, N.J.--(BUSINESS WIRE)--New Jersey American Water announced today it has signed an agreement to acquire the wastewater collection system (commonly referred to as the sewer system) of the Borough of Manville, N.J. for $6.5 million. This municipally owned system serves approximately 3,700 customers, most of whom already receive water service from New Jersey American Water. The agreement follows a voter referendum that took place in November 2023, in which over 80 percent of the voters approved the sale ...

CAMDEN, N.J.--(BUSINESS WIRE)--Beginning this week and into the fall months, New Jersey American Water will perform the annual flushing of its water distribution system to continue to provide customers with high-quality, reliable water service. “Flushing our system is an important, routine process that helps us clean out any mineral deposits or sediment that may have built up over time inside the pipes,” said New Jersey American Water President Mark McDonough. “While we’re flushing, we also take the oppo ...

PACIFIC GROVE, Calif.--(BUSINESS WIRE)--California American Water is proud to announce a $20,000 State Strategic Impact grant awarded to the Carmel River Steelhead Association from the American Water Charitable Foundation, a 501(c)(3) organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S. The funds will directly support the association's ongoing efforts to conserve and restore the threatened Steelhead trout population in the Carmel Rive ...

Americans who were bullish about the economy till a few weeks ago have suddenly grown concerned as inflation once again increased in January. The confidence level thus has once again taken a hit, as consumers believe that the Federal Reserve could delay the first rate cut for a longer time.The University of Michigan’s consumer sentiment survey came up with a reading of 76.9 in February, declining unexpectedly from January’s reading of 79. This is the first decline in consumer sentiment in the past three mon ...

ST. LOUIS, Mo.--(BUSINESS WIRE)--Missouri American Water has named Jody Carlson as Vice President of Operations. In this role, Carlson will lead nearly 650 employees across the state in field operations, water production, system maintenance, water quality and environmental compliance to provide safe, clean, and reliable service to 1.6 million Missourians. “Jody is a valuable and versatile member of Missouri American Water’s team,” said Rich Svindland, president of Missouri American Water. “His extensive ...

CHARLESTON, W.Va.--(BUSINESS WIRE)--The Public Service Commission of West Virginia (PSC) issued an order late Friday, February 23 approving adjusted water and wastewater rates for West Virginia American Water customers following the company’s May 2023 request for a rate adjustment. The order authorizes an additional $18.4 million in revenue, driven by over $220 million in completed infrastructure investments made since 2020, including upgrades to water mains, treatment plants, tanks, valves, booster station ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric tha ...

Investors looking for stocks in the Utility - Water Supply sector might want to consider either Veolia Environnement SA (VEOEY) or American Water Works (AWK) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estim ...