American Water AWK

American Water Works Company, Inc. has recently reported strong quarterly earnings with revenues exceeding expectations, driven by a growing customer base and a long-term contract with the U.S. Navy. As part of its aggressive growth strategy, the company plans to invest $2.5 billion in infrastructure improvements to strengthen service reliability while navigating ongoing supply chain challenges. This follows its earlier efforts to merge with Essential Utilities to address significant infrastructure investment needs across the U.S. water sector and maintain its leadership status, serving over 14 million customers. The company has a consistent record of increasing dividends and aims to enhance investor confidence amid stock price pressures.