American Water unveils ROE strategy
- From: Vol 11, Issue 5 (May 2010)
- Category: Companies
- Region: Americas
- Country: United States
- Related Companies: American Water
For the first time since going public, American Water has revealed how it intends to narrow the gap between what it earns on rate base, and what it is authorised to earn. It is also more upbeat on its full-year guidance for 2010.
American Water has given its clearest indication yet of how it intends to move from the return on equity it is currently earning to the ROEs authorised in the states where it owns and operates water systems.
The lack of clear guidance in this regard has frustrated analysts ever since the company re-floated on the stock exchange back in 2008 ...
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Tags: american water, rate case, return on equity, roe, rwe
