American Water Works Company, Inc. (NYSE:AWK) is looking for acquisitions. John Griffith Executive Vice President and CFO said during the Third Quarter 2023 Earnings Conference Call, "Our outlook for future acquisitions remains very strong as we expect to have over $250 million of acquisitions under agreement at the end of 2023 after the expected closings of Butler and Granite City. Of course, as we close on transactions, the work to build and refill the acquisition pipeline is continuous.

Our pipeline of 1.3 million customer connections is a strong leading indicator that supports this piece of our rate base growth outlook".