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Zacks News
Water supply and wastewater service provider American Water Works Company was founded in 1886. The company provides essential water services to over 15 million customers in 47 states, the District of Columbia and Ontario, Canada. It has employee strength of 6,800. The company also intermittently acquires small water service providers to expand its customer base. In 2018, the company added 14,000 water and wastewater customers through acquisitions.
American Water (AWK) Unit to Invest in New Jersey Water Mains
by Zacks Equity Research
American Water Works (AWK) New Jersey arm continues to make investment in upgrading its aging pipeline to increase the reliability of its operation and provide 24x7 services to its customers.
Eversource's (ES) Unit to Buy The Torrington Water Company
by Zacks Equity Research
Eversource Energy (ES) is set to further expand the water distribution business in Connecticut through the acquisition of The Torrington Water Company.
American Water (AWK) New Jersey Arm to Invest in Water Mains
by Jewel Saha
American Water Works' (AWK) New Jersey unit to invest $2.8 million in replacing water mains to provide better services to its customers in the region.
American Water (AWK) Q4 Earnings & Revenues Miss Estimates
by Zacks Equity Research
American Water Works' (AWK) fourth-quarter earnings lag estimates. American Water Works gains from closed acquisitions and affirms the earnings per share guidance for 2022.
American Water Works (AWK) Q4 Earnings and Revenues Lag Estimates
by Zacks Equity Research
American Water Works (AWK) delivered earnings and revenue surprises of -1.16% and 0.74%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
American Water (AWK) to Report Q4 Earnings: What's in Store?
by Zacks Equity Research
American Water Works' (AWK) fourth-quarter earnings are likely to have benefited from new rates and the ongoing increase in customers through acquisitions and organic means.
American Water Works (AWK) Reports Next Week: Wall Street Expects Earnings Growth
by Zacks Equity Research
American Water Works (AWK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
American Water's (AWK) Missouri Arm to Invest in Water Mains
by Zacks Equity Research
American Water's (AWK) Missouri unit is set to invest $2.4 million in upgrading old infrastructure, which will strengthen operations and further increase the reliability of its services.
American Water (AWK) New Jersey Arm to Invest in Water Mains
by Zacks Equity Research
American Water's (AWK) New Jersey unit to invest $2.5 million in upgrading its old infrastructure to increase the reliability of operations and efficiently serve customers.
ONE Gas (OGS) to Gain From Regulated Earnings & Investments
by Zacks Equity Research
ONE Gas Inc. (OGS) with steady customer demand and capital expenditure is poised for growth. However, an increase in competition and a drop in prices of other energy sources are headwinds.
California Water's (CWT) Investments, Rate Hikes Bode Well
by Zacks Equity Research
California Water's (CWT) extending customer base, strategic capital budgets and constant rate hikes are likely to strengthen its existing operations.
American Water (AWK) Missouri Unit to Invest in Water Mains
by Zacks Equity Research
American Water Works' (AWK) arm is set to invest $52 million to upgrade 18 miles of aging water mains. This is going to improve water pressure in the pipelines and lower the possibility of leakage.
American Water's (AWK) New Jersey Unit Files for Rate Hike
by Zacks Equity Research
American Water's (AWK) unit New Jersey American Water files for rate increase, which, if approved, is likely to fund the ongoing capital projects.
American Water's (AWK) Illinois Unit to Invest for Safe Water
by Zacks Equity Research
American Water Works' (AWK) Illinois unit will invest $4 million two Ultraviolet reactors at the Streator water treatment plant to provide high-quality water to its customers.
American Water's (AWK) New Jersey Unit Upgrades Water Mains
by Zacks Equity Research
American Water's (AWK) unit New Jersey American Water is set to invest $3.3 million to upgrade the aging water mains in Lumberton, NJ. This upgrade is going to increase system resilience.
CenterPoint Energy (CNP) Sells AR & OK Gas Supply Assets
by Zacks Equity Research
CenterPoint Energy (CNP) sells natural gas distribution assets in Arkansas and Oklahoma to Summit Utilities. CNP is set to focus and invest in regulated utility businesses without issuing fresh equities.
Reasons to Invest in American States Water (AWR) Stock Now
by Zacks Equity Research
American States Water (AWR) is a promising bet for investors, given its strong financial position and systematic investments in strengthening water infrastructure.
Evergy (EVRG) Files for Rate Hike in Missouri After 5 Years
by Zacks Equity Research
Evergy (EVRG) files for a rate revision to the MPSC to recoup the expenses incurred in the past five years to upgrade the infrastructure.
Algonquin Power & Utilities (AQN) Expand Operations Via Buyout
by Zacks Equity Research
The subsidiary of Algonquin Power & Utilities (AQN) completes its previously-announced acquisition of New York American Water Company for $608 million.
American Water (AWK) Tennessee Unit Upgrades Infrastructure
by Zacks Equity Research
American Water Works' (AWK) unit Tennessee American Water completes capital projects worth $25 million in 2021. Infrastructure upgrade is likely to allow the company to serve customers efficiently.
Zacks Industry Outlook Highlights: American Water Works Company, Essential Utilities, California Water Service Group and Artesian Resources.
by Zacks Equity Research
American Water Works Company, Essential Utilities, California Water Service Group and Artesian Resources are highlighted in this industry outlook.
4 Water Utility Stocks to Watch Amid Industry's Near-Term Woes
by Jewel Saha
Water Utility companies like AWK, WTRG, CWT and ARTNA are poised to benefit from stable demand for water and wastewater services across the United States. Their systematic investments will enable them to serve customers efficiently.
American Water (AWK) Indiana Unit Buys Lowell Water Systems
by Zacks Equity Research
American Water Works' (AWK) unit Indiana American Water completes the acquisition of the Lowell water system, which expands operations in Indiana and adds 4,000 water customers.
SJW Group's (SJW) Unit SJWTX Buys Water & Wastewater Assets
by Zacks Equity Research
SJW Group's (SJW) unit SJWTX acquires two water and wastewater utilities and further expands operation in Texas.
American Water's (AWK) IL Unit Buys Water & Wastewater Assets
by Zacks Equity Research
American Water Works' (AWK) unit Illinois American Water further expands operation in Illinois through the acquisition of City of Mt. Pulaski water and wastewater systems.