AMERICAN WATER Aktie

 

WASHINGTON (dpa-AFX) - American Water Works Company, Inc. (AWK) and Essential Utilities, Inc. (WTRG) on Monday said they have agreed to merge in an all-stock transaction.The transaction is expecte......

American Water Works Co. agreed to buy Essential Utilities Inc. in an all-stock deal, to create a water company with about $40 billion market capitalization....

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American Water Works and Essential Utilities agreed to merge in an all-stock deal worth approximately $63 billion, including debt....

Combined Company Will Serve 4.7 Million Water and Wastewater Connections Across 17 States; Combined Water and Wastewater Rate Base of Approximately $29.3 Billion Increases Scale, Geographic Diversity and Customer-Centric Capabilities to Deliver Best-in-Class Service to Existing and Future Customers Merger Expected to be Accretive to American Water's EPS in the First Year Following the Close of Transaction American Water Expects to Maintain 7-9% Long-term EPS and DPS Growth Targets Combined Operations to Provide Greater Long-Term Growth Opportunities for Employees Companies to Host Joint Conference Call Today at 8:30 a.m. ETCAMDEN, N.J. & BRYN MAWR, Pa.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) (“American Water”) and Essential Utilities, Inc. (NYSE: WTRG) (“Essential”) today announced that each company's board of directors has unanimously approved a definitive agreement to combine in an all-stock, tax-free merger as a leading regulated U.S. water and wastewater public utili...

CAMDEN, N.J.--(BUSINESS WIRE)--New Jersey American Water announced today that an agreement has been reached for it to acquire Gordon's Corner Water Company (Gordon's Corner), a privately owned water company that serves approximately 15,000 customers in portions of Colts Neck, Manalapan and Marlboro Townships. The company is located adjacent to and northwest of New Jersey American Water's Monmouth System. “This transaction represents the right succession plan for Gordon's Corner Water Company, ensuring that our customers remain at the forefront of every decision,” stated David Ern, President of Gordon's Corner Water Company. “By selling to New Jersey American Water, we are prioritizing the long-term quality and reliability of water service for generations to come.” New Jersey American Water plans to gradually connect the Gordon's Corner system with its systems in Monmouth County to maintain reliable service. This will create additional redundancy in the region, which experiences increased dem...

AWK's Pennsylvania unit secures $64.3 million in PENNVEST funding to upgrade key water infrastructure projects....

MECHANICSBURG, Pa.--(BUSINESS WIRE)--$AWK #PENNVEST--The Shapiro administration yesterday announced that Pennsylvania American Water was awarded grants and low-interest loans from the Pennsylvania Infrastructure Investment Authority (PENNVEST) totaling $64,396,571. The funding will support four water infrastructure improvement projects in Butler, Columbia, Fayette and Monroe counties. “At Pennsylvania American Water, we strive to provide our customers with high-quality, reliable water and wastewater services while also meeting environmental standards and state and federal regulations. We're thankful to PENNVEST for approving our funding requests and supporting us in that mission,” said Pennsylvania American Water Vice President of Engineering Tony Nokovich. “These projects will have a positive impact on the service provided for our customers by enabling us to continue our efforts to improve water infrastructure across the state.” In Butler County, Pennsylvania American Water's Butler water syste...

Flexible payment options help 300+ business stay afloat across the CommonwealthMECHANICSBURG, Pa.--(BUSINESS WIRE)--$AWK #WeKeepLifeFlowing--The National Federation of Independent Business (NFIB), the nation's leading small business advocacy organization, is urging its members to take advantage of financial assistance offered by Pennsylvania American Water, the largest investor-owned water and wastewater utility in the state. The company's recently launched commercial payment plans help qualifying businesses pay back past-due account balances. “We encourage NFIB members that are Pennsylvania American Water customers and are experiencing financial hardship to take advantage of this assistance program as it can provide meaningful relief to businesses in need,” said NFIB Pennsylvania State Director Greg Moreland. “We encourage other Pennsylvania utilities to also work with the commonwealth's small businesses – the backbone of our communities – as utility costs across the board continue to rise.?...

American Water Works is set to announce its third-quarter results by the end of this month, and analysts expect mid-single-digit growth in earnings....

AWK's unit, New Jersey American Water, will further expand in the state with a new acquisition, adding 5,000 customers....

CAMDEN, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) announced today that it intends to release its 2025 third quarter financial results, 2026 earnings guidance and long-term financial targets after the market closes on Wednesday, October 29, 2025. John Griffith, President and Chief Executive Officer; David Bowler, Executive Vice President and Chief Financial Officer; and Cheryl Norton, Executive Vice President and Chief Operating Officer, will host a conference call and webcast with investors, analysts and other interested parties on Thursday, October 30, 2025, at 9 a.m. Eastern Time. There will be a question-and-answer session as part of the call. Interested parties may listen to an audio webcast of the conference call through a link on the Investor Relations website at ir.amwater.com. Presentation slides that will be used in conjunction with the earnings conference call will also be made available online in advance at ir.amwater.com. A replay of the audio webcast will be availa...

Annual program provides critical funding to Missouri fire departments and emergency organizations in the company's service areas.ST. LOUIS--(BUSINESS WIRE)--Missouri fire departments and emergency response organizations will receive $40,000 through Missouri American Water's 2025 Firefighter Grant Program. The annual program provides supplemental funding for critical equipment, training, and community education. Approximately 330 grants have been awarded since the program began in 2016. “As the water provider for one in four Missourians, we recognize how essential fire protection is to the strength and safety of the communities we serve,” said Rich Svindland, president of Missouri American Water. “With October marking National Fire Prevention Month, we're proud to support local fire departments through grants that fund critical training and equipment—helping protect firefighters, first responders, and residents across the state.” Reliable water service is critical for fire protection, and Miss...

Acquisition Adds 5,000 New Customers; $50 Million in Planned Infrastructure InvestmentsCAMDEN, N.J.--(BUSINESS WIRE)--New Jersey American Water today completed its acquisition of the water system of South Orange Village for $19.7 million. This former municipally owned system, which serves approximately 5,000 water customer connections, has been operated and maintained by New Jersey American Water since 2016 through a contract between the company and South Orange Village. On Sept. 10, 2025, the New Jersey Board of Public Utilities approved the municipal consent, allowing New Jersey American Water to provide water service to South Orange Village customers directly as of the closing of the transaction. The agreement to purchase the system was approved in a voter referendum in November 2024, in which 62% of South Orange voters approved the sale of the system. This expansion underscores New Jersey American Water's ongoing commitment to delivering safe, clean, reliable and affordable water and wastewater servi...

Funding provided by the American Water Charitable Foundation through its State Strategic Impact Grant ProgramLOS ANGELES--(BUSINESS WIRE)--California American Water, in collaboration with the American Water Charitable Foundation, a philanthropic non-profit organization established by American Water (NYSE: AWK), announced today that the Foundation awarded a $30,000 State Strategic Impact grant to Wayfinder Family Services. Funding will support children and youth Foster Care, Adoption and Post-Adoption programs to help ensure they have access to high-quality services. “Wayfinder is grateful to California American Water and our Impact Council member Brian Barreto for their continuing support and partnership,” said Jay Allen, Wayfinder President and Chief Executive Officer. “Thanks to the American Water Charitable Foundation's generosity, Wayfinder's statewide foster care, adoption and post adoption services will continue to provide life-changing programs to thousands of children and families.” Chil...

Acquisition Adds Approximately 1,500 Wastewater Customers In Company's Metro East Footprint Near St. Louis; Over $9 Million In Capital Investments Planned During Next Five Years.MADISON, Ill.--(BUSINESS WIRE)--Illinois American Water, a subsidiary of American Water, announced today it has completed its acquisition of the wastewater collections system of the city of Madison for $3 million. The wastewater system acquisition adds approximately 1,500 customers to the company's footprint in the Metro East area near St. Louis and follows approval of the Illinois Commerce Commission. Illinois American Water has provided water service in Madison for more than 125 years. “We thank Mayor Hamm and the City of Madison for this vote of confidence. We have provided water service in Madison and the Metro East for more than 125 years and continue to expand our footprint in wastewater services in the state,” said Illinois American Water President Rebecca Losli. “We are well positioned to leverage our resources and...

American Water Works has significantly underperformed the S&P 500 over the past year, and analysts remain cautious about the stock's prospects....

AWK is boosting resilience with new battery storage in California, replacing diesel generators and improving reliability....

Recipients include 32 nonprofit organizations across American Water's national footprintCAMDEN, 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 incredibly grateful to the American Water Charitable Foundation for their generous support of our Luzerne Learns to Work program. This investment allows us to provide Luzerne County high school students with critical opportunities to explore career pathways, gain access to workforce development tools, and connect directly with local industries,” said Lindsay Griffin-Boylan, President and CEO, Greater Wyoming Valley Cham...

CAMDEN, N.J.--(BUSINESS WIRE)--American Water Works Company, Inc. (NYSE: AWK) announced today that on August 26, 2025, Lisa A. Grow was appointed as an independent member of the company's board of directors, effective immediately. "American Water is pleased to have Lisa join our board of directors," said Karl Kurz, Board Chair of American Water. "Bringing nearly four decades of experience in the utility industry, coupled with her deep regulatory, customer and operational expertise, Lisa will further strengthen our board, and we look forward to working with her." “We are honored to have Lisa join American Water's board," said John Griffith, President and CEO of American Water. "She has deep and extensive expertise in the utility sector and her commitment to safety, excellent customer service and high performing teams will bring great value to the board and our company.” Dedicating her entire 38-year career to Idaho Power, Grow has been President and Chief Executive Offic...