AWK News & Events

Kentucky American Water is investing approximately $1.4M to upgrade critical water infrastructure in Lexington on Lisa Court, from the start of Lisa Court to the end of Lisa Drive, and Allen Drive, from Lisa Court to Judy Lane. This project will also include Faye Circle, Carla Court, Mona Court and Lisa Circle. The company is replacing approximately a half mile of aging water main to help ensure continued reliability, water quality and fire protection for customers. The project will replace 3,300 feet of 2-inch, 6-inch and 8-inch water main that was installed in the 1960s with new 6-inch and 8-inch ductile iron main.

Reports Q4 revenue $1.27B vs. $1.20B last year. "American Water once again successfully executed on its EPS and dividend guidance and plan in 2025. We invested $3.2B in regulated operations, driven by needed infrastructure improvements to water systems, and completed 18 acquisitions across seven states," said John Griffith, CEO. "We were also very pleased that, last week, shareholders of American Water and Essential Utilities overwhelmingly approved the respective proposals related to the pending merger announced last October," added Griffith. "This milestone further affirms the benefits of the merger - enhancing scale and combining two highly complementary businesses with significant growth potential that will benefit all stakeholders."

American Water still sees 2026 adjusted EPS $6.02-$6.12, consensus $6.10

At respective shareholder meetings of American Water Works (AWK) and Essential Utilities (WTRG) today, and based on preliminary voting results, each company's shareholders have approved proposals related to the proposed merger of the American Water and Essential, Essential disclosed in a regulatory filing.