American Water

225 articles about "American Water"

Water stocks shrug off Brexit as defensive names rally Vol 17, Issue 7 (July 2016)

The uncertainty which followed June’s Brexit vote supported regulated water stocks in the UK and the US. There are signs that American Water’s rally could be running out of steam.

US water stocks power ahead as Chinese do the splits Vol 17, Issue 6 (June 2016)

Another record performance from the GWI Americas Index failed to spill over into the rest of the tradeable universe of water stocks. Stock splits were the order of the day in China.

Americas water in brief Vol 17, Issue 6 (June 2016)

On 9th June, the California Public Utilities Commission authorised $25.1 million of additional rate revenue for San Jose Water in 2016 as part of its final decision on the company’s general rate case.

American stocks double in value as index hits new high Vol 17, Issue 5 (May 2016)

The GWI Americas Index beat the market in style this month, rising above 200 for the first time. Meanwhile, Brexit fears could dampen UK prospects going into earnings season.

Americas water in brief Vol 17, Issue 5 (May 2016)

Global Water Resources, Inc., which owns regulated water utilities in Arizona, raised $8.4 million via a Nasdaq listing at the end of April.

Into every water portfolio a little rain must fall Vol 17, Issue 4 (April 2016)

While wet weather helped to restore investors’ faith in Sabesp’s survivability, the return of Ranhill to the stock market was clouded by the Malaysian government corruption scandal.

Contract ops market streaks ahead despite thin deal flow Vol 17, Issue 4 (April 2016)

Everyone is trying to do more with less in the North American outsourced water services market. How will the sector shake out in a post-Flint world?

Results round-up Vol 17, Issue 3 (March 2016)

  • Veolia reported strong profit growth (+25.5%) on weak sales growth (+1.4%) for the year ending 31 December 2015 (see table above). The water part of the business performed less well overall, with revenues down 1.7%, largely because of... 
  • Suez was less upbeat, posting a small decline in net profit after minority interests. Nevertheless, its European water business put in a robust performance, driven by growth in its non-concession services business and...
  • Of the Americans, both the major investor-owned utilities (American Water and Aqua America) put in solid performances, with American enjoying an extra fillip as a result of joining the S&P500...
  • Hyflux posted a 39% increase in revenue, boosted by its work on the Qurayyat desalination project in Oman and its containerised plant for Yanbu in Saudi Arabia. Going forward, the company said that it is continuing to explore...

Trump threatens water’s ace performance Vol 17, Issue 3 (March 2016)

A mixed full-year results season was somewhat overshadowed by the US presidential race this month. Hyflux, meanwhile, was up to its old tricks.

Utility stocks put the brakes on February index slump Vol 17, Issue 2 (February 2016)

The GWI Asian Water Index fell to its lowest point since August 2014 as Chinese economic woes continued to bite. US investor-owned utilities, meanwhile, had a stellar month.