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-0.0037657447084795 -0.0037657447084795 -0.00155823918971568 0.00311647837943118 0.0019477989871446 0.00480457083495656 0.00467471756914686 0.00675236982210097
Stock impact report

American States Water (AWR) to Gain From Strategic Investments [Yahoo! Finance]

American States Water Company (AWR) 
Last american states water company earnings: 2/24 04:45 pm Check Earnings Report
Company Research Source: Yahoo! Finance
However, this Zacks Rank #3 (Hold) company's excessive reliance on a single state for a significant portion of its earnings acts as a headwind. Tailwinds American States Water's strategic capital investments are making its infrastructure stronger and resilient. The regulated utilities invested $167.4 million in company-funded capital projects in 2022 and expect capital expenditures of $140-$160 million for 2023. These systematic investments drove the rate base from $752.2 million in 2018 to $1,152.3 million in 2022. AWR has a sturdy utility customer base, and most importantly, it is increasing its electricity and water utility customer base at a slow but steady pace. The company's subsidiary, American States Utility Services (“ASUS”), has long-term contracts with military bases, which are 50-year firm fixed-price deals. The long-term defense pacts lend stability to the company's earnings. American States Water has been a steady dividend payer. It has paid dividends to shareho Show less Read more
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