American Water to Host 2018 Earnings Guidance Conference Call

VOORHEES, N.J.–(BUSINESS WIRE)–American Water (NYSE: AWK), the largest publicly-traded U.S. water and
wastewater utility company announced today that it will host its 2018
earnings guidance conference call and audio webcast with investors,
analysts and other interested parties on Monday, Dec. 11, 2017, at 9
a.m. EST.

The conference call will be hosted by Susan Story, president and chief
executive officer, Linda Sullivan, executive vice president and chief
financial officer, and Walter Lynch, chief operating officer.

Interested parties may access a link to the webcast on the Investor
Relations homepage at ir.amwater.com.
Presentation slides and other materials used or referred to in
conjunction with the earnings guidance conference call will be available
online and will be furnished to the Securities and Exchange Commission
as part of a Current Report on Form 8-K. The company recognizes its
website as a key channel of distribution to reach public investors and
as a means of disclosing material non-public information to comply with
its obligations under SEC Regulation FD.

Following the conference call, an audio archive of the call will be
available through Dec. 18, 2017 by dialing 1-877-344-7529 for U.S. and
1-412-317-0088 for international callers. The access code for replay is
10114605. The online archive of the webcast will be available through
Jan. 11, 2018, by accessing the Investor Relations page of the company’s
website located at www.amwater.com.

About American Water

With a history dating back to 1886, American Water is the largest and
most geographically diverse U.S. publicly-traded water and wastewater
utility company. The company employs more than 6,800 dedicated
professionals who provide regulated and market-based drinking water,
wastewater and other related services to an estimated 15 million people
in 47 states and Ontario, Canada. More information can be found by
visiting www.amwater.com.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements in this press release are forward-looking statements
within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995 and the Federal securities
laws. In some cases, these forward-looking statements can be identified
by words with prospective meanings such as “intend,” “plan,” “estimate,”
“believe,” “anticipate,” “expect,” “predict,” “project,” “propose,”
“assume,” “forecast,” “outlook,” “future,” “pending,” “goal,”
“objective,” “potential,” “continue,” “seek to,” “may,” “can,” “will,”
“should” and “could” and or the negative of such terms or other
variations or similar expressions. These forward-looking statements are
predictions based on American Water’s current expectations and
assumptions regarding future events. They are not guarantees or
assurances of any outcomes, financial results of levels of activity,
performance or achievements, and readers are cautioned not to place
undue reliance upon them. The forward-looking statements are subject to
a number of estimates and assumptions, and known and unknown risks,
uncertainties and other factors. Actual results may differ materially
from those discussed in the forward-looking statements included in this
press release as a result of the factors discussed in the Company’s
Annual Report on Form 10-K for the year ended Dec. 31, 2016, and
subsequent filings with the SEC, and because of factors such as: the
decisions of governmental and regulatory bodies, including decisions to
raise or lower rates; the timeliness and outcome of regulatory
commissions’ actions concerning rates, capital structure, authorized
return on equity, capital investment, permitting, and other decisions;
changes in laws, governmental regulations and policies, including
environmental, health and safety, water quality, and public utility and
tax regulations and policies, and impacts resulting from U.S., state and
local elections; potential costs and liabilities of American Water for
environmental laws and similar matters resulting from, among other
things, water and wastewater service provided to customers, including,
for example, water management solutions focused on customers in the
natural gas exploration and production market; the outcome of litigation
and similar government actions, including matters related to the Freedom
Industries chemical spill in West Virginia, and the preliminarily
approved global class action settlement related to this chemical spill;
weather conditions, and events, climate change patterns, and natural
disasters, including drought or abnormally high rainfall, strong winds,
coastal and intercoastal flooding, earthquakes, landslides, hurricanes,
tornadoes, wildfires, electrical storms and solar flares; changes in
customer demand for, and patterns of use of, water, such as may result
from conservation efforts; its ability to appropriately maintain current
infrastructure, including its operational and information technology
(“IT”) systems, and manage the expansion of its business; its ability to
obtain permits and other approvals for projects; changes in its capital
requirements; its ability to control operating expenses and to achieve
efficiencies in its operations; the intentional or unintentional acts of
a third party, including contamination of its water supplies or water
provided to its customers; exposure or infiltration of its critical
infrastructure, operational technology and IT systems, including the
disclosure of sensitive or confidential information contained therein,
through physical or cyber-attacks or other disruptions; its ability to
obtain adequate and cost-effective supplies of chemicals, electricity,
fuel, water and other raw materials that are needed for its operations;
its ability to successfully meet growth projections and capitalize on
growth opportunities, including its ability to, among other things,
acquire and integrate water and wastewater systems into its regulated
operations and enter into contracts and other agreements with, or
otherwise obtain, new customers in its Market-based Businesses; cost
overruns relating to improvements in or the expansion of its operations;
its ability to maintain safe work sites; risks and uncertainties
associated with contracting with the U.S. government, including ongoing
compliance with applicable government procurement and security
regulations; changes in general economic, political, business and
financial market conditions; access to sufficient capital on
satisfactory terms and when and as needed to support operations and
capital expenditures; fluctuations in interest rates; restrictive
covenants in or changes to the credit ratings on its current or future
debt that could increase its financing costs or funding requirements or
affect its ability to borrow, make payments on debt or pay dividends;
fluctuations in the value of benefit plan assets and liabilities that
could increase its financing costs and funding requirements; changes in
Federal or state income, general and other tax laws, including tax
reform, the availability of tax credits and tax abatement programs, and
the ability to utilize its U.S. and state net operating loss
carryforwards; migration of customers into or out of its service
territories; the use by municipalities of the power of eminent domain or
other authority to condemn its systems; difficulty in obtaining, or the
inability to obtain, insurance at acceptable rates and on acceptable
terms and conditions; its ability to retain and attract qualified
employees; labor actions including work stoppages and strikes; the
incurrence of impairment charges related to American Water’s goodwill or
other assets; civil disturbances, terrorist threats or acts, or public
apprehension about future disturbances or terrorist threats or acts; and
the impact of new accounting standards or changes to existing standards.

These forward-looking statements are qualified by, and should be read
together with, the risks and uncertainties set forth above and the risk
factors included in the company’s annual and quarterly SEC filings, and
readers should refer to such risks, uncertainties and risk factors in
evaluating such forward-looking statements. Any forward-looking
statements speak only as of the date of this press release. The company
does not have or undertake any obligation or intention to update or
revise any forward-looking statement, whether as a result of new
information, future events, changed circumstances or otherwise, except
as otherwise required by the Federal securities laws. Furthermore, it
may not be possible to assess the impact of any such factor on the
company’s businesses, either viewed independently or together, or the
extent to which any factor, or combination of factors, may cause results
to differ materially from those contained in any forward-looking
statement. The foregoing factors should not be construed as exhaustive.

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Contacts

American Water
Edward Vallejo
Vice President, Investor
Relations
856-566-4005
[email protected]
or
Maureen
Duffy
Vice President, Communications and Federal Affairs
856-309-4546
[email protected]