American Water is the largest investor-owned United States water and wastewater utility company. The company provides both regulated and non-regulated services to consumers in the United States and in Ontario, Canada.
In our regulated business, American Water provides water and wastewater services to approximately 1,625 communities in 20 states in the United States.
In our non-regulated business, American Water owns subsidiaries that manage municipal water and wastewater systems under contract and others that supply homeowners, businesses, and communities with water resource management products and services.
When was American Water founded?
American Water was founded in 1886 as the American Water Works & Guarantee Company and reorganized in 1947 as American Water Works Company, Inc.
Where is American Water incorporated?
American Water Works Company, Inc. was incorporated in the state of Delaware on August, 28, 1936.
Where are the Company's headquarters?
American Water Corporate Headquarters is located at:
The right to use water from lakes, rivers or ground water sources is granted by the Federal government and State agencies. Water utilities do not own the water. Their role is to collect, treat and distribute high-quality water in a reliable manner. In most states the actual water is held in public trust and local water utilities are allowed to remove the water from a source (river, ground, lake) with permission from a governing body. For providing this service, water utilities generally charge less than 1 penny per gallon for the water.
What does the water industry look like?
There are approximately 53,000 community water systems that service as many as eight million people (i.e.; New York City) and as few as a dozen (small residential developments in non-annexed areas). The water industry is broken down into two main segments-the utility segment and the general services segment.
What is the difference between a publicly owned and a privately owned system?
Public systems are owned and operated by the cities or towns they service and are under the management of the mayor or other elected officials. Private systems, ranging from small cooperative associations that provide service to as few as a dozen families to large corporations that own several water service companies, are operated, and sometimes owned, by private-sector companies. Whether public or private, all water utilities must abide by the strict water quality standards established by the EPA, as well and state and local regulations.
What is the difference between the water utility segment and the general services segment?
Public Water utilities are responsible for supplying water services for about 85% of the population, with private companies serving most of the remainder. Privately owned companies range from small business enterprises to large corporations with publicly traded stock. In some areas, Public-Private partnerships have been formed between private-sector companies and municipalities to handle water treatment, delivery and wastewater services.
The general services segment includes the building and operating of water and wastewater utility systems, system repair services, lab services, sale of water infrastructure and distribution products.
American Water participates in both the water utility and general services segments of the business.
Where is the Company traded?
Common stock is traded on the New York Stock Exchange under the trading symbol AWK.
What is the CUSIP number for American Water's common stock?
The CUSIP number is 030420103.
What industry is the Company in?
American Water is part of the Water and Wastewater industry.
Who is American Water's transfer agent?
American Stock Transfer & Trust Company is our stock transfer agent.
American Stock Transfer & Trust Company.
6201 - 15th Avenue
Brooklyn, N.Y. 11219
How do I get in contact with them?
If you need to contact our transfer agent please contact:
American Stock Transfer & Trust Company
Shareholder Services
Phone: 1.800.937.5449
What is a transfer agent?
A transfer agent and registrar for a publicly held company keep records of every outstanding stock certificate and the name of the person to whom it is registered. When stock changes hands, the transfer agent transfers the ownership of the stock from the seller's name to the buyer's name. The registrar reconciles all transfer records and makes sure that the number of shares debited is equal to the number of shares credited.
The transfer agent does not maintain records of shares bought and sold through brokerage accounts. Those records are maintained by the specific brokerages through which the shares are bought and sold.
Who is American Water's management team?
To find out more about American Water's management team, please visit the Management section.
How many employees does American Water have?
As of March, 2008 American Water employed approximately 7,000 employees.
Where can I find information about American Water's corporate governance policies?
To find out more about American Water's corporate governance policies and procedures, please visit our Corporate Governance section.
How do I become an American Water shareholder?
American Water is currently traded on the New York Stock Exchange under the ticker symbol "AWK". Currently, American Water does not have the ability to directly sell its shares to you. You may purchase shares of American Water's common stock through your broker.
Can I buy stock directly from American Water?
Currently, American Water does not have the ability to directly sell its shares to you. You may purchase shares of American Water's common stock through your broker.
Does American Water pay dividends?
Yes. American Water currently pays a quarterly cash dividend. American Water's current annual dividend is approximately $0.80 per share on the company's common stock (or approximately $0.20 per share each fiscal quarter). The quarterly dividend will be paid approximately 60 days after the end of each fiscal quarter. Click here to read the Dividend Policy.
Who do I contact if I change my address or need information relating to my investment in American Water's common stock?
Our transfer agent, American Stock Transfer & Trust Company, will be able to assist you with your investment. You can reach them at:
American Stock Transfer & Trust Company
Shareholder Services
6201 - 15th Avenue
Brooklyn, N.Y. 11219
Phone: 1.800.937.5449
When does the Company fiscal year end?
American Water's fiscal year ends on December 31.
How can I get a copy of the Company's financial statements?
You can obtain a copy of American Water's earnings releases by visiting our Quarterly Results page.
If you'd like to get a copy of the company's SEC filings, please visit our SEC Filings page.
How can I obtain a copy of the company's Annual Report? Proxy Statement?
Please visit our Annual Report and Proxy page on our investor relations site.
I'm a shareholder and would like electronic delivery of American Water's Annual Report and Proxy Statement. How do I get them delivered electronically?
Please visit the Shareholder Tools page for more details.
Do you have another question that hasn't been answered?
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Stock Information
NYSE:AWK
$20.15+ 0.05 Aug 7, 2008
4:00 PM ET
Delayed 20 min. Provided by TurboFeed.