Raffiq Nathoo
the Board appointed Raffiq Nathoo as an independent director, effective immediately
Highest-materiality recent filing
Kentucky-American Water files $17.7M rate case; shareholders approve charter amendment, equity plan
Kentucky-American Water filed rate request seeking $17.7M annualized incremental revenue, based on 10.75% ROE and $108M capex.
American Water Q1 adjusted EPS $1.01 vs $1.02; affirms 2026 guidance; dividend raised 8.2%
Q1 GAAP EPS $1.00 vs $1.05 YoY; adjusted EPS $1.01 vs $1.02.
West Virginia American Water gets PSC approval for $20.5M annual rate increase
Authorized annualized revenue increase of $20.5M, excludes $12.7M in prior infrastructure surcharges.
American Water reports 2025 adjusted EPS $5.64, up 8.9% YoY; affirms 2026 guidance
2025 GAAP EPS $5.69 (vs $5.39 in 2024); adjusted EPS $5.64, up 8.9% YoY; Q4 GAAP EPS $1.22 flat YoY.
AWK and Essential shareholders approve merger; final vote pending
Shareholders of both American Water Works (AWK) and Essential Utilities voted to approve the merger at special meetings held February 10, 2026.
Shareholders of American Water and Essential Utilities overwhelmingly approve merger proposals
99% of American Water shares present voted for share issuance (160.4M for, 0.6M against).
Illinois American Water files $134M rate case with ICC for $577M in capital investments
Two-step rate increase: $119M effective Jan 1, 2027, plus $15M effective Jan 1, 2028, based on 10.75% ROE.
New Jersey American Water files rate request with NJBPU seeking $146M annualized incremental revenue
Request seeks $146M annualized revenue increase based on proposed ROE of 10.75% and 55.18% equity capital structure.
Kentucky PSC approves $18.2M annual rate increase for American Water subsidiary
KPSC final order grants $18.2M annualized revenue increase, effective Dec 16, 2025.
Pennsylvania American Water files $169M annual rate request with PaPUC
Seeks $169M annual incremental revenue, plus $19M infrastructure surcharges.
Q3 2025 EPS $1.94 vs $1.80 YoY; YTD EPS $4.47 vs $4.17.
American Water to acquire Essential Utilities in stock-for-stock merger at 0.305x exchange ratio
Essential shareholders to receive 0.305 shares of AWK common stock per share held; deal unanimously approved by both boards.
American Water raises $887M from 5.7% 2055 notes, completes $147.5M equity option
AWCC issued $900M of 5.700% Senior Notes due 2055, net proceeds ~$887.2M.
American Water enters forward sale agreements to raise ~$983.5M via equity offering
Forward sale agreements for 7,042,254 shares at initial price of $139.657 per share.
American Water Q2 EPS $1.48 vs $1.42; narrows 2025 guidance to $5.70-$5.75
Q2 2025 EPS $1.48, up from $1.42 in Q2 2024; YTD EPS $2.53 vs $2.37.
American Water subsidiary files $111M rate request with CPUC, citing $750M infrastructure spend
Filing seeks $63.1M revenue increase vs 2025 authorized; total $111.2M over 2027-2029.
American Water to acquire Nexus Water Group regulated systems in 8 states for $315M
Purchase price ~$315M cash for regulated water/wastewater assets in eight states from Nexus Water Group.
AWK subsidiary seeks $26.9M annual rate increase from Kentucky PSC
Kentucky American Water filed rate request for ~$26.9M incremental revenue, excluding $9.9M infrastructure surcharges.
the Board appointed Raffiq Nathoo as an independent director, effective immediately
Max materiality 0.90 · Median 0.60 · Most common event regulatory