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Disaster Protections Enacted for Areas that Received Evacuation Orders Several local communities were impacted by mandatory and recommended evacuations during the recent storms and flooding that occurred. California American Water maintained normal water service to customers during this...
California American Water and EchoTech Services, Inc. held a ribbon cutting unveiling seven recently installed water bottle fill stations at Wayfinder Family Services’ main campus in Los Angeles. California American Water partnered with Wayfinder, a statewide nonprofit organization serving...
Grants available for community projects in the company’s service areas in 12 states American Water (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, announced today that applications are now being accepted for the 2023 Environmental Grant Pro...
2023 Environmental Grant Program open to applicants; deadline to apply is March 31, 2023 Illinois American Water has opened the application window for its 2023 Environmental Grant Program. The program funds innovative, community-based projects focused on improving, restoring and water...
Sale provides a long-term solution for water quality issues while keeping rates stable Virginia American Water announced today it has signed a comprehensive asset purchase agreement for the drinking water and wastewater assets of the Town of Cape Charles, Virginia for up to a maximum of...
Missouri American Water is continuing to proactively invest in its water and wastewater systems statewide, with over $425 million in improvements planned in 2023. Projects include the replacement of aging water and wastewater pipes and treatment plant upgrades. “The services we provide...
Summary Evoqua Water Technologies continues to generate strong sales, profit, and cash flow growth. This trend will probably continue, but it's important to keep in mind the price being paid for growth. At the end of the day, shares aren't affordably priced at this point in time. ...
Summary Artesian Resources Corporation is a wonderfully steady wealth compounder that has had a huge year given its consistent 5% annual growth profile. Historically, Artesian Resources' share price has stagnated after rapid runups similar to this one and fell significantly during the G...
Pennsylvania American Water , a subsidiary of American Water, announced today that it has signed an agreement to purchase the sanitary sewer collection system assets of the Sadsbury Township Municipal Authority (STMA) for $990,000. The system serves approximately 250 properties in Sadsbury Town...
Summary Utilities generally outperformed during the 2022 bear-market, but American Water Works' stock was down 18%. Despite the drop, AWK still trades at a rather rich TTM P/E = 21x and a forward P/E = 34x. However, strong federal water infrastructure support, growth by acquisition,...
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2024-07-31 06:00:12 ET Jonathan Reeder from Wells Fargo issued a price target of $138.00 for AWK on 2024-07-31 05:14:00. The adjusted price target was set to $138.00. At the time of the announcement, AWK was trading at $143.67. The overall price target consensus is at $1...
California American Water has entered into an agreement to acquire Yerba Buena Water Company’s water distribution system, which serves approximately 249 customer connections in unincorporated Ventura County. The Yerba Buena water system is located approximately 34 miles from California Ame...