American Water Works pany(AWK)

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Illinois American Water Continues Critical Infrastructure Improvements in Village of Hardin's Water & Wastewater Systems
Businesswire· 2025-09-15 14:15
Core Point - Illinois American Water is investing in the improvement of water and wastewater systems in the Village of Hardin, with a total investment of $2 million since June 2022 [1] Investment Details - The investment of $2 million has been made since June 2022, indicating a commitment to enhancing local infrastructure [1]
American Water Works' Arm Installs New Battery Energy Storage System
ZACKS· 2025-09-11 13:30
Core Viewpoint - American Water Works (AWK) is enhancing its infrastructure by installing battery energy storage systems (BESS) in high-risk areas of California to improve reliability and emergency preparedness [1][2]. Company Initiatives - California American Water, a subsidiary of AWK, is implementing its first BESS at the Sierra Lakes Water Treatment Plant in Hillview, demonstrating a commitment to safeguarding water services during emergencies and Public Safety Power Shutoffs (PSPS) [2][9]. - The $800,000 Hillview project is partially funded by California's Self-Generation Incentive Program, which contributes approximately $350,000 [1][9]. Operational Impact - The BESS will replace diesel generators, providing reliable energy during grid outages and PSPS events, thus ensuring continuity of service [3][4]. - Improved reliability is expected to reduce consumer complaints and service interruptions, leading to lower operational expenses and increased customer satisfaction [4]. Industry Growth Prospects - The global BESS market is projected to grow from $10.16 billion in 2025 to $86.87 billion by 2034, with a compound annual growth rate (CAGR) of 26.92% [6]. - Other utility companies, such as NextEra Energy, Inc. (NEE), Vistra (VST), and PG&E Corporation (PCG), are also investing in battery storage systems to enhance grid reliability [6]. Competitor Developments - NEE's subsidiary, NextEra Energy Resources, has a net ownership of approximately 3,379 megawatts (MW) of battery storage capacity as of December 31, 2024 [7]. - VST operates one of the world's largest energy storage facilities and has plans for further development at retired plant sites [8]. - PCG has managed contracts for over 4.6 gigawatts of battery energy storage, enhancing California's grid efficiency [10]. Stock Performance - Year-to-date, AWK's shares have increased by 11.3%, while the industry has seen a growth of 17.6% [11].
California American Water Completes Installation of New Battery Backup System in Madera County to Strengthen Resilience
Businesswire· 2025-09-10 19:49
Core Points - California American Water is enhancing emergency preparedness and reliability by installing battery energy storage systems (BESS) in high-risk regions across the state [1] - The latest installation is the first of its kind for the company in Madera County, located at the Sierra Lakes Water Treatment Plant in Hillview [1] - This initiative represents California American Water's commitment to critical investment in maintaining and protecting water service during emergencies [1]
The American Water Charitable Foundation and New Jersey American Water Announce 2025 Hydration Station Grant Recipients
Businesswire· 2025-09-10 19:22
Core Insights - The American Water Charitable Foundation, established by American Water, is funding the installation of water bottle refill stations in New Jersey [1] - Ten organizations will receive grants to help reduce single-use plastic waste through this initiative [1] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S. [1] - The initiative aligns with the company's commitment to sustainability and environmental responsibility [1] Program Details - The Hydration Station Grant Program aims to promote access to clean drinking water in public spaces [1] - The funding will support the installation of refill stations, contributing to the reduction of plastic waste [1]
From Insight to Impact: American Water Shares Expertise at J.D. Power Utility Conference
Businesswire· 2025-09-10 17:00
Core Insights - American Water is recognized for its leadership in customer experience at the 2025 J.D. Power Utility Client Conference [1] - The company emphasizes transforming customer experience through strategic initiatives, journey mapping, and data-driven improvements [1] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S. [1] - The company is actively involved in enhancing customer engagement and satisfaction [1] Event Highlights - The conference took place on September 10 – 11 in Denver, Colorado [1] - Lauren Slepian, Director of Customer Strategy, Innovation and Performance, represented the company and shared insights on their customer experience strategies [1]
California American Water Celebrates Groundbreaking of New Headquarters in West Sacramento
Businesswire· 2025-09-09 19:36
Sep 9, 2025 3:36 PM Eastern Daylight Time California American Water Celebrates Groundbreaking of New Headquarters in West Sacramento Share WEST SACRAMENTO, Calif.--(BUSINESS WIRE)--California American Water held a groundbreaking for its new headquarters facility at 700 Riverpoint Drive in West Sacramento. This milestone showcases the company's ongoing commitment to delivering exceptional water and wastewater services throughout California and Hawaii, underscored by continuous investments in infrastructure a ...
American Water Charitable Foundation Awards More Than $750,000 through Workforce Readiness and STEM Education Grant Programs
Businesswire· 2025-09-09 15:00
CAMDEN, N.J.--(BUSINESS WIRE)-- #AmericanWater--The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it awarded a combined total of more than $750,000 to 32 organizations supporting communities served by American Water through the 2025 Workforce Readiness and STEM (science, technology, engineering, math) Education Grant Programs. "We are incredi ...
American Water Works (AWK) Up 1.9% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-08-29 16:31
Core Viewpoint - American Water Works reported mixed Q2 2025 earnings, with EPS slightly below estimates but revenues exceeding expectations, indicating a need for investors to assess future performance trends [3][4]. Financial Performance - Q2 2025 operating EPS was $1.48, missing the Zacks Consensus Estimate of $1.49 by 0.7%, but improved 4.2% year-over-year from $1.42 [3]. - Total revenues reached $1.27 billion, surpassing the Zacks Consensus Estimate of $1.15 billion by 10.6% and increasing 11% from $1.14 billion in the previous year [4]. - Regulated businesses' net revenues were $1.17 billion, up 11.4% year-over-year, while other revenues were $92 million, up 6.5% [5]. Operating Expenses and Income - Total operating expenses for Q2 were $787 million, a 12.4% increase from $700 million in the prior year, primarily due to higher operating and maintenance costs [6]. - Operating income was $489 million, reflecting an 8.9% increase from $449 million year-over-year [6]. Growth and Expansion - The company added 7,600 customers through seven acquisitions as of June 30, 2025, with 20 more pending acquisitions expected to add 40,650 customers [7]. - New rates effective January 1, 2025, are projected to increase revenues by $270 million for the full year, with pending rate cases potentially adding another $126 million if approved [7]. Financial Position - Cash and cash equivalents were $94 million as of June 30, 2025, slightly down from $96 million at the end of 2024, with total liquidity at $1.17 billion [8]. - Total long-term debt decreased to $12.28 billion, down 1.9% from $12.51 billion at the end of 2024 [8]. Cash Flow and Investment - Cash flow from operating activities in the first half of 2025 was $632 million, compared to $727 million in the same period last year [9]. - The company invested $1.3 billion in the first half of 2025 to enhance its operations [9]. Guidance and Future Plans - American Water Works narrowed its 2025 EPS guidance to $5.70-$5.75, with the Zacks Consensus Estimate at $5.71, slightly below the midpoint of the guidance [11]. - The company reiterated long-term earnings and dividend growth expectations of 7-9% and plans to invest nearly $3.3 billion in 2025 [11]. - Long-term capital expenditure is projected to be between $17-$18 billion for 2025-2029 and $40-$42 billion for 2025-2034 [12]. Analyst Sentiment - Analysts have not made any earnings estimate revisions in the past two months, indicating a period of stability in expectations [13]. - The stock currently holds a subpar Growth Score of D and a Momentum Score of B, with an overall VGM Score of D, placing it in the bottom 40% for value investors [14].
American Water Works: A Sleep-Well-At-Night Long-Term Dividend Stock
Seeking Alpha· 2025-08-18 13:30
Core Insights - The article discusses the journey to financial independence through disciplined living and strategic investing [2] - It emphasizes the importance of dividend growth investing and identifying undervalued high-quality stocks [2] Group 1: Financial Independence Journey - The individual transitioned from being financially unstable at age 27 to achieving financial freedom by age 33 [2] - The approach involved living below means and making intelligent investment decisions [2] Group 2: Investment Strategies - Focus on dividend growth investing as a primary strategy for generating income [2] - Highlighting the significance of high-yield situations and long-term investment opportunities [2]
Dividend Champion, Contender, And Challenger Highlights: Week Of August 10
Seeking Alpha· 2025-08-08 22:07
Group 1 - The Dividend Champions list is a monthly compilation of companies that have consistently increased their annual dividend payouts, but the data can quickly become outdated due to its monthly publication frequency [1] - Justin Law is a contributor to The Dividend Kings, a group of analysts focused on teaching individuals how to invest wisely in dividend stocks [1] - The Dividend Kings curates the Dividend Champions list, highlighting companies with a history of increasing dividends [1] Group 2 - Justin Law holds a Ph.D. in Chemistry from Rice University and has earned the CFA Institute Investment Foundations certificate, applying his expertise to deep value and dividend-paying stocks [2]