Water utilities work day in and day out to ensure an uninterrupted supply of clean, potable water and reliable sewer services to millions of customers in the United States. These are essential for healthy and hygienic living.The aging of pipelines is concerning but water utilities continue with their upgrade and maintenance projects to minimize disruptions in operations. American Water Works Company (AWK) , with its widespread operations, provides services to domestic customers and military bases and offers ...

CAMDEN, N.J.--(BUSINESS WIRE)--New Jersey American Water filed a petition today with the New Jersey Board of Public Utilities (BPU) requesting new rates, driven by more than $1.3 billion in capital investments through December 2024, to continue providing safe and reliable service. The company continues to make needed investments to replace aging infrastructure, meet water quality and environmental regulations, provide resiliency of operations, increase fire protection, and meet customers’ other water and wa ...

CAMDEN, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) announced today that it intends to release its 2023 fourth quarter and year-end financial results after the market closes on Wednesday, February 14, 2024. Susan Hardwick, president and chief executive officer; Cheryl Norton, executive vice president and chief operating officer; and John Griffith, executive vice president and chief financial officer, will host a conference call and webcast with investors, analysts and other intere ...

MECHANICSBURG, Pa.--(BUSINESS WIRE)--Pennsylvania American Water will join the Pennsylvania Public Utility Commission (PUC) to hear public comment on the company’s recent rate request during a series of eight in-person and four telephonic public hearings to be held between Jan. 29 and Feb. 7. Customers are invited to provide input on the rate request Pennsylvania American Water filed on Nov. 8, 2023, to adjust its water and wastewater rates. The rate request reflects $1 billion in water and wastewater syst ...

American Water Works Company Inc.’s (AWK) strategic investment plans in infrastructure will allow it to provide quality services to its expanding customer base. Given its growth opportunities, AWK makes for a solid investment option in the utility sector.Let’s focus on the factors that make this currently Zacks Rank #2 (Buy) stock a strong investment option at the moment.Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for 2024 earnings per share (EPS) has moved up 0.9% in the past 90 days ...

MECHANICSBURG, Pa.--(BUSINESS WIRE)--With a blast of colder weather forecasted for the upcoming week across the region, Pennsylvania American Water reminds customers to take steps now to prevent frozen and damaged pipes, which can lead to costly repairs. “ Preparation and prevention can help avoid frozen pipes that can burst and result in costly household damages,” said Jim Runzer, vice president of operations for Pennsylvania American Water. “ Taking measures now can safeguard your plumbing against the th ...

ST. LOUIS--(BUSINESS WIRE)--With below freezing temperatures and precipitation in the forecast, Missouri American Water is reminding residents and business owners to take steps to prevent frozen water pipes. Following these simple tips can protect plumbing and prevent costly repairs and higher water bills. “Taking preventive steps at the onset of colder temperatures can help to protect our customers from both repair costs and higher water bills this winter,” said Rich Svindland, president of Missouri Ame ...

CHICAGO--(BUSINESS WIRE)--In 2023, Illinois American Water invested $297 million in water and wastewater system infrastructure replacement and enhancements throughout the state. This work included installing new pipes, pumps, hydrants, valves, lift stations, water treatment facilities, storage tanks, new water quality systems and technology. Locally, in the company’s Northern Division, the capital investment in infrastructure reached $32 million in 2023. The Northern Division is comprised of the Chicago ...

MECHANICSBURG, Pa.--(BUSINESS WIRE)--The American Water Charitable Foundation, a 501(c)(3) organization established by American Water, the largest regulated water and wastewater utility company in the U.S., recently announced 8 organizations were awarded a 2023 Workforce Readiness and STEM Education grants, supporting communities served by Pennsylvania American Water. “ Investing in the communities and the people we serve is very important to us at Pennsylvania American Water,” said Justin Ladner, company ...

CAMDEN, N.J.--(BUSINESS WIRE)--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., announced today a $15,000 donation through the One Water Street Grant Program to the Ronald McDonald House Southern New Jersey (RMHSNJ). Funding will support refurnishing RMHSJ’s Family Room, a “home-away-from-home” for families whose children require life-saving treatments for critical illnesses a ...