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MarketScreener Homepage  >  Equities  >  Nyse  >  American Water Works Company    AWK

AMERICAN WATER WORKS COMPANY

(AWK)
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American Water Works : WEST VIRGINIA AMERICAN WATER AWARDS MORE THAN $12,000 TO LOCAL FIRE DEPARTMENTS THROUGH FIREFIGHTER SUPPORT GRANT PROGRAM

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08/14/2019 | 10:12am EDT

Megan Hannah, External Affairs Manager Megan.Hannah@amwater.com Office: (304) 340-2088 Mobile: (304) 380-8455

www.westvirginiaamwater.com

WEST VIRGINIA AMERICAN WATER AWARDS MORE THAN

$12,000 TO LOCAL FIRE DEPARTMENTS THROUGH

FIREFIGHTER SUPPORT GRANT PROGRAM

Recipients will use funds to purchase emergency gear, life -saving equipment, training materials

and essential firefighting apparatus

CHARLESTON, W.Va. (August 14, 2019) - West Virginia American Water announced today the recipients of its sixth annual Firefighting Support Grant Program, providing more than $12,000 in financial assistance to fire departments located within the company's service area. The grants will help local fire departments purchase emergency gear, life-saving equipment, training materials and essential firefighting apparatus.

"West Virginia American Water is proud to once again award fire departments across the state with grants that will upgrade equipment and improve safety operations," said Rob Burton, West Virginia American Water president. "This program is another way we can show appreciation for those who serve in our local fire departments and protect the communities where our customers and employees live and work."

The program covers a wide range of fire department expenses associated with personal protective gear, communications equipment, firefighting tools, water handling equipment, training and related activities that support community fire protection. A team of West Virginia American Water employees selected the 14 grant recipients through a rigorous screening and application review process. The selected organizations and their funding fulfilments are:

Cabell County

  • Barboursville Volunteer Fire Department ($850) for the purchase of a cordless cut-off saw kit
  • Green Valley Volunteer Fire Department ($915.84) for the purchase of three fire fighter helmets

Fayette County

PRESS RELEASE

www.westvirginiaamwater.com

WEST VIRGINIA AMERICAN WATER AWARDS MORE THAN $12,000 TO LOCAL FIRE DEPARTMENTS

  • Ansted Fire Department ($814) for the purchase of hose equipment
  • Fayetteville Fire Department ($500) for the purchase of smoke detectors
  • Oak Hill Fire Department ($1,000) for the purchase of radios

Kanawha County

  • Charleston Fire Department ($994.25) for the purchase of a ladder and safety ropes
  • Dunbar Fire Department ($999) for the purchase of a drone to help with crime scene or traffic collision investigations, search for missing persons and provide visual support during tactical operations or area security during major events
  • West Side Volunteer Fire Department ($860) for the purchase of two pagers with chargers

Logan County

  • Chapmanville Volunteer Fire Department ($1,000) for the purchase of hydrant and

hose equipment Mercer County

  • Bluefield Fire Department ($756.33) for the purchase of a gas detection monitor

Putnam County

  • Bancroft Volunteer Fire Department ($1,000) for the purchase of 2 radios and chargers
  • Eleanor Volunteer Fire Department ($882.97) for the purchase of a cordless combo kit and sockets

Summers County

  • Hinton Fire Department ($986.28) for the purchase of a portable scene light
  • Jumping Branch Volunteer Fire Department ($990) for the purchase of hose equipment

West Virginia American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water services to approximately 550,000 people. With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 7,100 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to more than 14 million people in 46 states. American Water provides safe, clean, affordable and reliable water services to our customers to make sure we keep their lives flowing. For more information, visit amwater.comand follow American Water on Twitter, Facebookand LinkedIn.

###

PRESS RELEASE

www.westvirginiaamwater.com

WEST VIRGINIA AMERICAN WATER AWARDS MORE THAN $12,000 TO LOCAL FIRE DEPARTMENTS

Bradley Harris, West Virginia American Water external affairs specialist, presents a Firefighter Support Grant to Ansted Fire Department.

Jason Knowles, West Virginia American Water foreman, presents a Firefighter Support Grant to Bluefield Fire Department.

Bradley Harris, West Virginia American Water external affairs specialist, presents a Firefighter Support Grant to Charleston Fire Department.

PRESS RELEASE

www.westvirginiaamwater.com

WEST VIRGINIA AMERICAN WATER AWARDS MORE THAN $12,000 TO LOCAL FIRE DEPARTMENTS

Erica Pauken, West Virginia American Water source water protection state lead, presents a Firefighter Support Grant to Green Valley Fire Department.

PRESS RELEASE

www.westvirginiaamwater.com

Disclaimer

American Water Works Co. Inc. published this content on 14 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 August 2019 14:11:01 UTC

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Financials (USD)
Sales 2019 3 622 M
EBIT 2019 1 229 M
Net income 2019 651 M
Debt 2019 9 235 M
Yield 2019 1,59%
P/E ratio 2019 34,5x
P/E ratio 2020 31,8x
EV / Sales2019 8,75x
EV / Sales2020 8,50x
Capitalization 22 441 M
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 119,71  $
Last Close Price 124,22  $
Spread / Highest target 8,68%
Spread / Average Target -3,63%
Spread / Lowest Target -27,5%
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Managers
NameTitle
Susan N. Story President, Chief Executive Officer & Director
Karl F. Kurz Chairman
Walter J. Lynch Chief Operating Officer & Executive Vice President
Linda G. Sullivan CFO, Principal Accounting Officer & EVP
Radhakrishnan Swaminathan Chief Technology & Information Officer, SVP