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Barchart
Barchart
Aditya Sarawgi

DARK SECRETS: American water works stock is awk outperforming the utility sector | Vintage Vibes

Camden, New Jersey-based American Water Works Company, Inc. (AWK) provides water and wastewater services in the United States. Valued at $27.7 billion by market cap, the company operates approximately 80 surface water treatment plants, 520 groundwater treatment plants, and 190 wastewater treatment plants.

Companies worth $10 billion or more are generally described as “large-cap stocks,” American Water Works fits right into that category, with its market cap exceeding the threshold, reflecting its substantial size, dominance and influence in the regulated water utility industry.

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