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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 Unit Acquires Scranton Wastewater System
by Zacks Equity Research
American Water Works' (AWK) unit Pennsylvania American Water, has completed the acquisition of wastewater system from the Scranton Sewer Authority for $195 million.
Pure Cycle (PCYO) Acquires Water Service Rights for $1.6M
by Zacks Equity Research
Pure Cycle (PCYO) announced that the Rangeview Metropolitan District has entered into an agreement under which Pure Cycle, as the exclusive service provider for Rangeview.
American Water Unit to Invest $2.7M in Pipeline Replacement
by Zacks Equity Research
American Water Works Company (AWK) announced that its subsidiary, New Jersey American Water, will install nearly $2.7 million of new water mains throughout Burlington and Camden Counties.
American Water Unit to Invest $3.6M in Infrastructure Upgrade
by Zacks Equity Research
American Water Works (AWK) announced that its subsidiary, New Jersey American Water has decided to invest nearly $3.6 million over the next few months in water infrastructure improvement projects.
American Water Unit to Invest $1.6M in Pipeline Replacement
by Zacks Equity Research
American Water Works (AWK) announced that its subsidiary, New Jersey American Water, has decided to install nearly $1.6 million of new water mains to replace the old pipelines.
Utilities Continue Offering Stability Amid Overall Uncertainty
by Zacks Equity Research
Larger utilities with more financial strength and better access to capital are favorably placed to achieve regulatory compliance.
If You Seek a Stable Portfolio? Utilities Are a Must
by Zacks Equity Research
Different fuel types like coal, oil, natural gas, nuclear power and renewable sources can produce electricity, but there is no alternative to electricity.