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MarketScreener Homepage  >  Equities  >  Nyse  >  American Water Works Company, Inc.    AWK

AMERICAN WATER WORKS COMPANY, INC.

(AWK)
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American Water Works : Recognized for Excellence in Water Quality by Partnership for Safe Water

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09/16/2020 | 11:31am EDT

Company demonstrates outstanding commitment to delivering high quality drinking water to customers

American Water Works Company, Inc. (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, is proud to announce the achievement of 28 Partnership for Safe Water awards. The awards, which honor the efforts in continuously optimizing water treatment plant and distribution system operation and performance, were recently announced by the American Water Works Association.

“We hold ourselves to the highest standards in delivering clean, safe, high-quality drinking water to our customers while also providing water service that is reliable and affordable," said Cheryl Norton, senior vice president & chief environmental officer of American Water and president of New Jersey American Water. "These awards indicate the higher standards met by our surface water treatment plants and demonstrate a commitment to continuous improvement in our performance to help protect the health and safety of customers.”

As a member of the Partnership for Safe Water, American Water demonstrates its commitment to improve the quality of drinking water delivered to customers by optimizing its system operations. In American Water’s footprint, two plants received the Five-Year Presidents Award. The Presidents Awards recognize more stringent performance requirements and treatment plants that achieve the Partnership's rigorous standards and are working to full optimization.

Long-term achievements of partners are celebrated with Directors Awards for 5, 10, 15 and 20 years of maintaining consistent high-quality performance and commitment to optimization. At American Water, 23 plants received recognition for maintaining the Phase III Directors Award status for 20 years, two plants were recognized for maintaining the Phase III Directors Award for Distribution System Operations status for five years and one plant received an award for maintaining Phase III certification for five years.

Nationally, just over 400 surface water treatment plants are part of the Partnership for Safe Water Program, a voluntary effort that is designed to increase protection against microbial contamination through treatment optimization.

“We are extremely proud that American Water accounts for about 20 percent of the participating plants and has received more Partnership for Safe Water awards than any other utility in the nation,” noted Norton. “We are honored to have received these recognitions, but most importantly, we’re pleased to know that we continually deliver the high-quality service that our customers deserve and expect.”

The following American Water treatment plants were recognized for maintaining the Presidents Award for Water Treatment status for 5 years:

Pennsylvania American Water

  • Clarion Regional Treatment Plant
  • Norristown Water Treatment Plant

The following American Water treatment plants were recognized for maintaining the Phase III Directors Award status for 20 years:

Illinois American Water

  • Pontiac District Water Treatment Plant
  • Streator District Water Treatment Plant

New Jersey American Water

  • Delaware River Regional Water Treatment Plant
  • Raritan–Millstone Water Treatment Plant

Pennsylvania American Water

  • Aldrich Water Treatment Plant
  • Bangor Water Treatment Plant
  • Brownell Water Treatment Plant
  • Butler/Oneida Valley WTP
  • Ceasetown Water Treatment Plant
  • Ellwood Water Treatment Plant
  • Fallbrook Water Treatment Plant
  • Forest City Water Treatment Plant
  • Hays Mine Water Treatment Plant
  • Hershey/Gerald C. Smith WTP
  • Indiana (Two Lick Creek) WTP
  • Kittanning Water Treatment Plant
  • Milton Filter Plant
  • Montrose Water Treatment Plant
  • Nesbitt Water Purification Plant
  • New Castle Water Treatment Plant
  • Philipsburg Water Treatment Plant
  • Silver Spring Water Treatment Plant

Tennessee American Water

  • Citico Treatment Plant

The following American Water treatment plants were recognized for maintaining the Phase III Directors Award status for 5 years:

American Water Enterprises

  • North Brunswick Water Treatment Plant

The following American Water treatment plants were recognized for maintaining the Phase III Directors Award for Distribution System Operations status for 5 years:

American Water Military Services Group

  • Fort Sill, OK
  • Fort Hood, TX

About American Water

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 6,800 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to 15 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.com and follow American Water on Twitter, Facebook and LinkedIn.

© Business Wire 2020

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Financials (USD)
Sales 2020 3 793 M - -
Net income 2020 694 M - -
Net Debt 2020 10 071 M - -
P/E ratio 2020 40,2x
Yield 2020 1,39%
Capitalization 28 018 M 28 018 M -
EV / Sales 2020 10,0x
EV / Sales 2021 9,65x
Nbr of Employees 6 800
Free-Float 96,8%
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 144,81 $
Last Close Price 154,62 $
Spread / Highest target 9,95%
Spread / Average Target -6,34%
Spread / Lowest Target -29,5%
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Managers
NameTitle
Walter J. Lynch President, CEO, Chief Operating Officer & Director
Karl F. Kurz Non-Executive Chairman
M. Susan Hardwick Chief Financial Officer & Executive Vice President
George F. MacKenzie Independent Director
Julia L. Johnson Independent Director
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