S&P: American Water Works view positive

Standard & Poor's said it revised its outlook on American Water Works Co. Inc. (AWK) and subsidiaries American Water Capital Corp., New Jersey-American Water Co. and Pennsylvania-American Water Co. to positive from stable.

At the same time, the agency affirmed all of its ratings, including the A- corporate credit ratings, on American Water Works and its subsidiaries.

"The positive outlook reflects our expectation of the continued strengthening of AWK's financial profile resulting from the company's increasingly effective handling of regulatory risk and leading to more favorable rate outcomes," S&P credit analyst Matthew O'Neill said in a news release.

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