California Water's Arm Gets Rate Hike Approval to Boost Stroh's System
- CWT's subsidiary Washington Water gets UTC approval to raise revenues by $178k, funding key upgrades in the Stroh's system.
- 06/05/2025
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Washington Utilities and Transportation Commission Sets New Rates for Washington Water Service's Stroh's Water System to Help Keep Service Safe and Reliable
- GIG HARBOR, Wash., June 04, 2025 (GLOBE NEWSWIRE) -- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (NYSE: CWT), has received approval from the Washington Utilities and Transportation Commission (UTC) to increase annual revenue by approximately $178,000 in its Stroh's water system and adjust water rates accordingly.
- 06/04/2025
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June's Dividend Kings: 3 Ideal Buys In 25 "Safer" Dogs
- Most Dividend Kings are currently overpriced, but six offer fair value where annual dividends from $1,000 invested exceed their share price. Three top-yield Dividend Kings—Altria, Northwest Natural, and Canadian Utilities—meet the ideal 'dogcatcher' standard for fair pricing and dividend safety. Analyst projections suggest select Dividend Kings could deliver up to 58% total returns by June 2026, with lower volatility than the market overall.
- 06/04/2025
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California Water to Buy Casa Loma & Palm Mutual Water Utility Assets
- CWT inks deals to acquire Casa Loma and Palm Mutual systems, boosting its presence in the Bakersfield region.
- 05/30/2025
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California Water Service Enters into Agreement to Acquire Casa Loma Water Company and Palm Mutual Water Company
- SAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), has signed agreements with Casa Loma Water Company (Casa Loma) and Palm Mutual Water Company (Palm Mutual) to acquire both systems' water utility assets.
- 05/29/2025
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California Water Service: Quenching Thirst For Growth And Dividends With This Stock
- Despite a perceived disappointing Q1 2025, California Water Service Group is undervalued relative to peers and its historical averages, offering a compelling entry point. CWT boasts consistent rate base growth, successful rate case approvals, and a robust capital expenditure plan to drive future earnings. As a Dividend King with 58 consecutive annual increases and a low payout ratio, CWT provides reliable and growing income for investors.
- 05/26/2025
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California Water Service Provides 400 Students with Hands-On Learning to Care for Water Through Conservation Field Trips
- SAN JOSE, Calif., May 19, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) has given more than 400 students from Chico to Los Angeles a hall pass to take their education beyond the classroom this spring.
- 05/19/2025
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California Water Service Group Details Progress to Reduce Environmental Footprint, Enhance Corporate Citizenship in 2024 Sustainability Report
- SAN JOSE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- In its 2024 Sustainability Report and Analyst Download published today, California Water Service Group (Group) (NYSE: CWT) highlights recent and ongoing emissions reductions, water quality and infrastructure investments, employee development opportunities, corporate responsibility efforts, and more.
- 05/12/2025
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Hawaii Public Utilities Commission Sets New Rates for Hawaii Water Service to Help Keep Ka'anapali Water System Safe and Reliable
- WAIKOLOA, Hawaii, May 06, 2025 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water) has received approval from the Hawaii Public Utilities Commission (HPUC) to increase annual revenue by $276,900 in its Ka'anapali system and adjust water rates accordingly. This increase in annual revenue is driven by recent upgrades to the water system infrastructure and increased operating costs.
- 05/06/2025
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Buy 3 "Safer" Dividend Kings Of 25 From May's 55
- The May collection of Dividend Kings grew to 55, with Automatic Data Processing and RLI Corporation joining, despite two companies dropping off for not increasing dividends. Six top-yield Dividend Kings, including Altria and Canadian Utilities, are now fairly priced, with annual dividends from $1K investments exceeding their single-share prices. Analysts predict net gains of 14.7% to 56.86% for the top ten Dividend Kings by yield for the coming year, based on target prices. Among the 55 Dividend Kings, 16 show negative free cash flow margins, making them cash-poor and unsafe for investment.
- 05/06/2025
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California Water Leaders Gathering in Monterey for ACWA Spring Conference
- SACRAMENTO, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- The Association of California Water Agencies (ACWA) 2025 Spring Conference & Expo May 14-15 will draw public water agency leaders from across California to Monterey for two days of presentations, panel discussions and keynote addresses focused on issues surrounding the state's most vital resource.
- 05/05/2025
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California Water Q1 Earnings Top Estimates, Revenues Decline Y/Y
- CWT's first-quarter earnings and revenues beat estimates. The company's operating expenses decline during the same period.
- 05/02/2025
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9 Dividend Aristocrats Potentially Set To Soar, No Matter What Happens Next
- I'm going on a 2-week vacation with my family for my sister's wedding, so I've prepared a comprehensive article with three types of dividend aristocrat recommendations for whateveriscomingnext. Low-volatility aristocrats offer a 3.4% yield, a 46% downside capture ratio, and 52% less volatility than the S&P, making them ideal for addressing recession concerns while still providing a 23% return. High-yield aristocrats offer a 7% average yield with 11%-12% long-term return potential, providing low-risk income regardless of market or economic conditions.
- 05/02/2025
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California Water Service Group (CWT) Q1 2025 Earnings Call Transcript
- California Water Service Group (NYSE:CWT ) Q1 2025 Earnings Call May 1, 2025 11:00 AM ET Company Participants James Lynch - Senior Vice President, Chief Financial Officer and Treasurer Martin Kropelnicki - Chairman and Chief Executive Officer Conference Call Participants Angie Storozynski - Seaport Davis Sunderland - Baird Jonathan Reeder - Wells Fargo Operator Ladies and gentlemen, thank you for standing by. My name is Desire, and I will be your conference operator today.
- 05/01/2025
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California Water Service Group (CWT) Beats Q1 Earnings and Revenue Estimates
- California Water Service Group (CWT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $1.21 per share a year ago.
- 05/01/2025
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California Water Service Group Reports First Quarter 2025 Results
- SAN JOSE, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported financial results for the first quarter 2025.
- 05/01/2025
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California Water Service Group Board of Directors Declares 321st Consecutive Quarterly Dividend
- SAN JOSE, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- At its meeting on April 30, 2025, the California Water Service Group (NYSE: CWT) (Company) Board of Directors (Board) declared the company's 321st consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on May 23, 2025, to stockholders of record as of the close of business on May 12, 2025.
- 04/30/2025
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Analysts Estimate California Water Service Group (CWT) to Report a Decline in Earnings: What to Look Out for
- California Water Service Group (CWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/24/2025
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2025 Dividend Kings: Weathering Tariff Volatility Better Than The Market
- The Dividend Kings are outperforming the S&P 500 in 2025 by 8.94%. Top performers include National Fuel & Gas (+28.88%), Consolidated Edison (+28.10%), and Middlesex Water Company (+21.00%). Promising Dividend Kings identified in March showed relative outperformance, averaging -3.15% vs. -8.16% for SPY.
- 04/23/2025
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California Water Service Group Earns Spot on USA Today's 2025 List of America's Climate Leaders
- Ranking recognizes U.S. companies with more than $50 million in revenue that set meaningful standards for emissions reductions and demonstrate reductions.
- 04/22/2025
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California Water Service Group Schedules 2025 First-Quarter Earnings Results Announcement and Conference Call
- SAN JOSE, Calif., April 10, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2025 first-quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, May 1, 2025.
- 04/10/2025
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10 Dividend Aristocrats With Big Upside Potential In 2025
- Despite recession fears and negative sentiment surveys, historical data and fundamentals indicate strong potential for stock market gains. Sentiment surveys are unreliable due to social media algorithms. Hard economic data shows steady growth, suggesting consumer spending remains robust and recession fears are overblown. Dividend aristocrats, with their long-term dividend growth and coiled spring valuations, offer significant upside potential, making them smart investments for the next year.
- 03/29/2025
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California Water Service Group Named One of “America's Most Trustworthy Companies” by Newsweek
- SAN JOSE, Calif., March 26, 2025 (GLOBE NEWSWIRE) -- For the third consecutive year, California Water Service Group (Group) (NYSE: CWT) has earned a spot on Newsweek magazine's list of “America's Most Trustworthy Companies.
- 03/26/2025
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2025 Dividend Kings: Strong Run Continues
- The Dividend Kings are outperforming the S&P 500 in 2025 by 4.57%. Top performers include National Fuel & Gas (+30.21%), Consolidated Edison (+22.66%), and AbbVie (+20.40%). Promising Dividend Kings identified in February showed relative outperformance, averaging -0.38% vs. -1.58% for all Kings and -3.34% for SPY.
- 03/21/2025
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California Water Service Group Named a Top Workplace in the USA
- SAN JOSE, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Following its recognition as a Top Workplace in the Bay Area last summer, California Water Service Group (Group) (NYSE: CWT) has earned the 2025 Top Workplaces USA designation by USA Today and Energage, a leading workforce culture research company.
- 03/20/2025
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Top 3 Utilities Stocks Powering Up as Recession Fears Rise
- Utilities stocks—those companies providing essential water, gas, electricity, and similar services—are a haven for investors when other sectors become too risky. The reasoning behind this is that there will always be relatively consistent demand for utilities services, even when the broader market is struggling.
- 03/11/2025
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California Water's Capital Investments to Improve Resiliency
- CWT invests $471 million in capital improvements in 2024 and plans to invest nearly $660 million in 2025 to further improve its operations.
- 03/10/2025
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California Water Service Group Invests $471 Million in Infrastructure in 2024 to Make Water Systems Safer, More Resilient
- SAN JOSE, Calif., March 06, 2025 (GLOBE NEWSWIRE) -- To enhance water safety and reliability for its customers and communities, California Water Service Group (Group) (NYSE: CWT) invested a record $471 million in capital improvements throughout its service areas in 2024.
- 03/06/2025
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California Water Service: Buy This Dividend King Before The Opportunity Dries Up
- Water utilities like California Water Service have seen recent underperformance, making current valuations attractive for defensive income investors. Despite a softer Q4, California Water Service had a strong 2024 and delivered record earnings. The stock's P/E ratio is near a 20-year low, and its dividend yield is at its highest in nearly a decade, indicating potential for favorable returns.
- 03/05/2025
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California Water Service Group Announces Addition of Kris A. Hamner as Vice President, Chief Human Resource Officer
- SAN JOSE, Calif., Feb. 28, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT) today announced that Kris A. Hamner will join the company as Vice President, Chief Human Resource Officer, effective February 28, 2025. He succeeds Ronald D. Webb, who will retire after more than a decade of service to the Company.
- 02/28/2025
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California Water Service Group (CWT) Q4 2024 Earnings Call Transcript
- California Water Service Group (NYSE:CWT ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants James Lynch - Chief Financial Officer Martin Kropelnicki - Chairman and Chief Executive Officer Greg Milleman - Vice President, Rates and Regulatory Affairs Conference Call Participants Jonathan Reeder - Wells Fargo Davis Sunderland - Baird Operator Hello, and thank you for standing by. I would like everyone to be welcome to the California Water Service Group Q4 2024 and Full Year Earnings Conference Call.
- 02/27/2025
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California Water Q4 Earnings Beat Estimates, Revenues Rise Y/Y
- CWT's fourth-quarter earnings surpass estimates, while revenues increase year over year by 3.6%.
- 02/27/2025
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California Water Service Group (CWT) Q4 Earnings Top Estimates
- California Water Service Group (CWT) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.52 per share a year ago.
- 02/27/2025
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California Water Service Group Reports Fourth Quarter and Full Year 2024 Results
- SAN JOSE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported financial results for the fourth quarter and full year of 2024.
- 02/27/2025
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2025 Dividend Kings - Off To A Strong Start
- The Dividend Kings are outperforming the S&P 500 in 2025, up 4% YTD versus 1.39% for SPY. Ten Dividend Kings have already achieved double-digit returns, led by National Fuel Gas (+22.08%) and Abbott Laboratories (+20.71%). 2025 Dividend growth is looking promising, with ABM Industries and Walmart leading with 17.78% and 15.69% increases, respectively.
- 02/26/2025
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California Water Service Partners with Walmart to Expand Payment Options for Cash- and Debit Card-Paying Customers
- SAN JOSE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- To better support customers who prefer to pay their bills in person with cash or debit cards, California Water Service (Cal Water) has partnered with Walmart to enable these customers to pay their water bills at Walmart Bill Pay service counters nationwide at no additional cost.
- 02/11/2025
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23 Upcoming Dividend Increases, Including 2 Kings
- Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indicate financial health, attracting investors and boosting stock prices, leading to long-term wealth accumulation. Investment strategy focuses on stocks with rising dividends and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ.
- 02/07/2025
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California Water Service Group Schedules 2024 Full-Year and Fourth-Quarter Earnings Results Announcement and Conference Call
- SAN JOSE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2024 full-year and fourth-quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, February 27, 2025.
- 02/06/2025
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California Water Service Group Board of Directors Declares 320th Consecutive Quarterly Dividend and Announces One-Time Special Dividend
- SAN JOSE, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- At its meeting on January 29, 2025, the California Water Service Group (NYSE: CWT) (Company) Board of Directors (Board) declared the company's 320th consecutive quarterly dividend in the amount of $0.30 per common share, this reflects an $0.08 annual increase that is expected to yield an annual dividend of $1.20. In addition, the Board declared a one-time special dividend in the amount of $0.04 per common share. Both the quarterly dividend and the special one-time dividend will be payable on February 21, 2025, to stockholders of record as of the close of business on February 10, 2025.
- 01/29/2025
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Trump directs US government to override California water policies if necessary
- Trump has falsely claimed that Democratic Governor Gavin Newsom and other officials refused to provide water from the northern part of the state to fight the fires.
- 01/26/2025
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These Could Be The 10 Best Deep Value Dividend Aristocrat Bargains For February
- The market's recent pullback is over. The S&P has hit record highs, driven by strong earnings growth potential through 2027. Despite the S&P 500's historically high PEGY ratio, robust growth forecasts (10%–15% annual EPS through 2026) mean valuations alone won't necessarily trigger a bear market. These 10‐stock dividend aristocrats are 37% undervalued. They offer an average yield of 3.4% and, if they revert to fair value, the potential to deliver up to 78% upside in 2025.
- 01/25/2025
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What Can The Dividend Kings Deliver In 2025?
- The Dividend Kings underperformed the broad U.S. equity market in 2024, achieving a 5.53% total return compared to the S&P 500's 24.89%. 2024 returns for the Dividend Kings were primarily driven by earnings growth and dividends, with the change in P/E ratio being a detractor. I breakdown the components of total return for each Dividend King by sector to gain insights into current valuation.
- 01/24/2025
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Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
- “A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors. Broker-estimated top-ten net-gains ranged 22.84%-62.53% topped-by SJW & SCL. By yield, MO topped all the Kings. Top-ten Yields from KVUE, SWK, UBSI, FTS, FRT, BKH, NWN, CDUAF, UVV, & MO, averaged 5.04%.
- 01/15/2025
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California Public Utilities Commission Grants California Water Service's Request to Postpone Cost of Capital Application to May 1, 2026
- SAN JOSE, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—The California Public Utilities Commission (CPUC) has granted the request of California Water Service (Cal Water) and three other utilities to postpone their Cost of Capital applications from May 1, 2025 to May 1, 2026. The decision effectively maintains the current 10.27% return on equity (ROE) and 4.23% cost of debt for Cal Water, with a capital structure of 53.40% common equity and 46.60% long-term debt, and an authorized rate of return of 7.46%.
- 01/15/2025
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California Water Service Group Offering $80,000 to Students through 12th Annual College Scholarship Program
- SAN JOSE, Calif., Jan. 13, 2025 (GLOBE NEWSWIRE) -- To help improve the quality of life in the communities it serves, California Water Service Group (Group) (NYSE: CWT) has opened its 11th annual College Scholarship Program cycle for customers served by its California, Hawaii, New Mexico, and Washington subsidiaries.
- 01/13/2025
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California Water Service Group Promotes Kenneth G. Jenkins to Vice President, Water Resources Planning and Sustainability
- SAN JOSE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE:CWT) today announced the promotion of Kenneth G. Jenkins to the newly created position of Vice President, Water Resources Planning and Sustainability, effective January 1, 2025.
- 01/07/2025
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California Water Service Awards More Than $175,000 in Grants to Seven Fire Departments
- SAN JOSE, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- To support local fire departments and their efforts to provide rescue and emergency services, California Water Service (Cal Water) today announced it will award more than $175,000 in grants to seven California fire departments as part of the utility's sixth annual Firefighter Grant Program.
- 12/18/2024
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Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends
- "A Dividend King [is] a stock with 50 or more consecutive years of dividend increases." - suredividend.com. 53 Divided Kings, screened as of December 11, 2024, represented all eleven Morningstar Sectors. Broker-estimated top-ten net gains ranged from 14.79% to 25.23%, topped by SJW and SWK. By yield, MO topped all the Kings. Top-ten yields from ABBV, ADM, SWK, FRT, FTS, BKH, NWN, CDUAF, UVV, and MO averaged 4.67%.
- 12/13/2024
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California Water Unit Hawaii Water to Acquire KSSCS Wastewater System
- CWT, along with its subsidiaries, is expanding operations through inorganic routes and making necessary investments to upgrade acquired assets.
- 12/06/2024
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California Water Service Group Completes Purchase of Kukui'ula South Shore Community Services' Wastewater System
- SAN JOSE, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Expanding its operations on The Garden Isle, California Water Service Group (NYSE: CWT) subsidiary Hawaii Water Service (Hawaii Water) finalized the acquisition of Kukui'ula South Shore Community Services' (KSSCS) wastewater system assets yesterday.
- 12/05/2024
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California Water Service Group Named One of “America's Most Responsible Companies” by Newsweek for Fourth Consecutive Year
- SAN JOSE, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- As a reflection of the utility's ongoing commitment to sustainability and corporate citizenship, Newsweek today named California Water Service Group (Group) (NYSE: CWT) one of “America's Most Responsible Companies” for 2025.
- 12/04/2024
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California Water Leaders Heading to Palm Desert for ACWA Fall Conference
- Public water agency leaders from throughout California will gather in Palm Desert Dec. 4-5 for the Assoc. of Calif. Water Agencies Fall Conference & Expo
- 11/25/2024
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California Water Service Group (CWT) Q3 2024 Earnings Call Transcript
- California Water Service Group (NYSE:CWT ) Q3 2024 Results Conference Call October 31, 2024 11:00 AM ET Company Participants James Lynch - Senior Vice President, Chief Financial Officer and Treasurer Martin Kropelnicki - Chairman and Chief Executive Officer Greg Milleman - Vice President of Rates and Regulatory Affairs Conference Call Participants Jonathan Reeder - Wells Fargo Operator Thank you for standing by. My name is Kathleen, and I will be your conference operator today.
- 10/31/2024
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California Water Q3 Earnings Miss Estimates, Revenues Rise Y/Y
- CWT's third-quarter earnings lag estimates, while revenues increase year over year by 17.5%.
- 10/31/2024
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California Water Service Group (CWT) Lags Q3 Earnings Estimates
- California Water Service Group (CWT) came out with quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.60 per share a year ago.
- 10/31/2024
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California Water Service Group Reports Third Quarter Results
- SAN JOSE, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported financial results for the third quarter of 2024.
- 10/31/2024
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California Water Service Group Board of Directors Declares 319th Consecutive Quarterly Dividend
- SAN JOSE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- At its meeting on October 30, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 319th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on November 22, 2024 to stockholders of record as of the close of business on November 12, 2024.
- 10/30/2024
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NAACP Butte County Chapter Recognizes Cal Water with Award for Commitment to Supporting Oroville, Chico Communities
- SAN JOSE, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- NYSE: CWT—For the utility's commitment to improving the lives of those in its local communities, the National Association for the Advancement of Colored People (NAACP) Butte County Chapter has honored California Water Service (Cal Water) with the 2024 Excellence in Community Grants & Scholarships Award.
- 10/21/2024
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Newsweek names California Water Service Group One of “America's Greenest Companies”
- SAN JOSE, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- For its commitment to and advancements in sustainability, California Water Service Group (Group) (NYSE: CWT) has been named one of “America's Greenest Companies” by Newsweek.
- 10/14/2024
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California Water Service Stock Gains From Organic Growth & Investment
- CWT benefits from acquisition and investments, while dependence on a single state for the majority of its earnings is a drawback.
- 10/11/2024
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Buy 7 October Dividend Kings, Watch 10 More
- A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 13.99%-20.65% topped by Northwest Natural and United Bankshares. By yield, Altria tops all. Top-ten October dogs: HRL, KVUE, FRT, UBSI, FTS, BKH, NWN, CDUAF, UVV, and MO averaged 4.87% in yield.
- 10/11/2024
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California Water Service Group Schedules 2024 Third Quarter Earnings Results Announcement and Conference Call
- SAN JOSE, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2024 third quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, October 31, 2024.
- 10/10/2024
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Undervalued Dividend Kings: October 2024
- Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank Dividend Kings by quality score and highlight undervalued stocks for potential investment. The article provides tables and charts presenting quality scores, key metrics, and fair value estimates.
- 10/08/2024
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EPA Names Cal Water 2024 WaterSense® Excellence Award Winner for Second Consecutive Year
- SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- NYSE: CWT—For the second year in a row, the U.S. Environmental Protection Agency (EPA) has honored California Water Service (Cal Water) with its WaterSense® Excellence in Promoting WaterSense Labeled Products Award.
- 09/30/2024
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14 Incredible High-Yield Dividend Aristocrat Bargain Buys For October
- The market keeps hitting record highs, and many investors fear putting new money to work. It's always a market of stocks, not a stock market. Wonderful blue-chip bargains are always on sale if you know where to look. Here are the 14 dividend aristocrats that are 15%-plus historically undervalued, representing super growth at a reasonable price.
- 09/28/2024
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California Water Service Launches 11th Annual School Conservation Education Program
- SAN JOSE, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), in partnership with DoGoodery, has launched its 11th annual water conservation education program for schools and students in kindergarten through 12th grade.
- 09/19/2024
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California Water Service Group: Buy It And Let It Drip
- California Water Service is a Dividend King with a 57-year streak, offering a forward yield of 2.04% and a solid payout ratio of ~38%. Recent rate case approval and lower expenses have boosted EPS and share price, making the stock undervalued at a forward P/E of 18X. The utility's competitive advantage lies in its regulated monopoly status, with consistent revenue growth from acquisitions and rate base increases.
- 09/17/2024
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Buy 7 September Dividend Kings, Watch 9 More
- "What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.” - suredividend.com. The 53 Dividend Kings, screened as of Sept. 10, represented eight of 11 Morningstar Sectors. Broker-targeted top 10 net gains ranged around 11.59%-35.94%, topped by Emerson and Stephan. By yield, Altria tops all. Top 10 September dogs: HRL, KVUE, FRT, FTS, UBSI, BKH, NWN, CDUAF, UVV, and MO averaged 4.70% in yield.
- 09/12/2024
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Hawaii Water Service Operations Manager Recognized Nationally for Response During Lahaina Fire
- SAN JOSE, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- (NYSE: CWT)—For his leadership to keep water flowing to his local communities during the devastating Lahaina wildfire last year, the National Association of Water Companies (NAWC) honored John (Kani) Kadowaki with the Living Water Award during its annual Water Summit today.
- 09/10/2024
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Newsweek names California Water Service Group One of “World's Most Trustworthy Companies”
- SAN JOSE, Calif., Sept. 04, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) has earned a spot on Newsweek's list of the “World's Most Trustworthy Companies” for the second year in a row, the magazine announced today.
- 09/04/2024
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California Water Service Opens 2024 Firefighter Grant Program
- SAN JOSE, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) opened its sixth annual Firefighter Grant Program today to fire departments in its districts, as part of its ongoing commitment to—and partnership with—local first responders.
- 09/03/2024
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California Water Service Group Named Great Place to Work® for Ninth Consecutive Year
- SAN JOSE, Calif., Aug. 29, 2024 (GLOBE NEWSWIRE) -- For the ninth consecutive year, the Great Place to Work® Institute has named California Water Service Group (Group) (NYSE: CWT) a Great Place to Work.
- 08/29/2024
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3 Dividend Kings to Buy Now for a Lifetime of Passive Income
- Emerson Electric is positioning itself in favorable end markets. ITW is a well-run company that can afford to make sizeable dividend raises.
- 08/27/2024
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California Water Service Group Named Bay Area Top Workplace for 12th Year
- SAN JOSE, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- In recognition of the company's commitment to its employees, the San Francisco Chronicle has named California Water Service Group (Group) (NYSE: CWT) a Top Workplace in the Bay Area for the 12th year.
- 08/26/2024
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10 Undervalued Dividend Growth Stocks: August 2024
- I rank a selection of undervalued dividend growth stocks in the Dividend Radar and present the ten top-ranked stocks for consideration. To rank stocks, I do a quality assessment and sort stocks by quality scores, breaking ties with additional metrics. This month, I'm presenting the ten top-ranked undervalued dividend growth stocks in Dividend Radar.
- 08/26/2024
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California Water Service: Moderately Discounted Dividend King
- California Water Service offers steady dividend growth, and the company is moderately discounted. CWT is a company with average financial results compared to its competitors. The company faces additional costs due to PFAS regulations, estimating a need for significant capital investment to meet requirements.
- 08/13/2024
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7 Recession-Proof Dividend Stocks to Buy Before the Next Crash
- Many people believe a recession is looming as macro indicators flash red across the board. The Sahm Rule was recently activated.
- 08/12/2024
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AWR or CWT: Which is a Better Utility Water Supply Stock?
- Both American States Water (AWR) and California Water (CWT) are efficiently meeting the water and wastewater service requirements of their customers.
- 08/12/2024
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53 August Dividend Kings: Buy 7, Watch 9 More
- “What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 9.36%-31.67% topped-by PPG, and Target. By yield, Altria tops-all. Top-ten August dogs: NFG, FRT, KVUE, FTS, UBSI, BKH, NWN, CDUAF, UVV, & MO averaged 4.92% in yield.
- 08/08/2024
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5 Utility Stocks to Buy for a Stable Portfolio Amid Volatility
- We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: ATO, AEE, AEP, CWT, EXC.
- 08/07/2024
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California Water (CWT) Q2 Earnings & Revenues Beat Estimates
- California Water's (CWT) second-quarter 2024 earnings and revenues increase year over year. CWT continues to benefit from the 2021 General Rate Case decision.
- 08/02/2024
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California Water Service Group (CWT) Q2 2024 Earnings Call Transcript
- California Water Service Group (NYSE:CWT ) Q2 2024 Results Conference Call August 1, 2024 11:00 AM ET Company Participants James Lynch - Senior Vice President, Chief Financial Officer and Treasurer Martin Kropelnicki - Chairman and Chief Executive Officer Greg Milleman - Vice President of Rates and Regulatory Affairs Conference Call Participants Michael Gaugler - Janney Montgomery Scott Davis Sunderland - Baird Jonathan Reeder - Wells Fargo Operator Thank you for standing by. I will be your conference operator today.
- 08/01/2024
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California Water Service Group (CWT) Q2 Earnings and Revenues Surpass Estimates
- California Water Service Group (CWT) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.17 per share a year ago.
- 08/01/2024
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California Water Service Group Reports Second Quarter Results
- SAN JOSE, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported financial results for the second quarter of 2024.
- 08/01/2024
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California Water Service Group Board of Directors Declares 318th Consecutive Quarterly Dividend
- SAN JOSE, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- At its meeting on July 31, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 318th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on August 23, 2024 to stockholders of record as of the close of business on August 12, 2024.
- 07/31/2024
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Alliance for Water Efficiency Study Shows California Water Service's Conservation Efforts Save Customers Money
- SAN JOSE, Calif., July 29, 2024 (GLOBE NEWSWIRE) -- Water conservation efforts have reduced California Water Service (Cal Water) customers' bills by as much as 20.5 percent over the last 15 years compared to what they would have been without those efforts, according to a new study released by the Alliance for Water Efficiency (AWE).
- 07/29/2024
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California Water (CWT) to Report Q2 Earnings: What to Expect
- California Water's (CWT) Q2 results are likely to gain from the implementation of new water rates in its service territories. However, higher water production expenses, and increased depreciation and amortization expenses are likely to have hurt its earnings.
- 07/29/2024
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7 Upcoming Dividend Increases Including A King
- This week has seven new dividend increases, including a dividend king. My investment strategy involves buying companies with consistent dividend growth and beating benchmarks. Tables and charts feature data sourced from U.S. Dividend Champions and NASDAQ. Companies must have at least 5 years of dividend growth history to be included.
- 07/26/2024
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The 3 Most Undervalued Water Stocks to Buy in July 2024
- Many value investors own one or more undervalued utility stock, including water stocks. Typically, these stocks are low on growth, pay steady dividends and carry a price-to-earnings (P/E) ratio in the single digits.
- 07/12/2024
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California Water Service Group Schedules 2024 Second Quarter Earnings Results Announcement and Conference Call
- SAN JOSE, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2024 second quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, August 1, 2024.
- 07/11/2024
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California Water (CWT) Files for Rate Hike, Plans to Invest $1.6B
- California Water Service (CWT) unit Cal Water, files for a rate hike. The unit plans to invest $1.6 billion in infrastructure during the 2025-2027 period.
- 07/11/2024
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53 July Dividend Kings: Buy 8, Watch 8 More
- "What is a Dividend King? A stock with 50 or more consecutive years of dividend increases."—suredividend.com. The 53 Dividend Kings, screened as of July 8, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 18.24%-30.31% topped-by Kenvue, and Genuine Parts. By yield, Altria tops-all. Top-ten July listings: SWK, FRT, KVUE, FTS, UBSI, BKH, NWN, CDUAF, UVV, MMM, & MO averaged 5.37% in yield.
- 07/10/2024
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The Highest Quality Dividend Growth Stocks In 2024
- This article updates one I wrote in August 2022, which was based on a template article by David Van Knapp published in June 2020. I use an adapted quality scoring system to assess the quality of dividend growth stocks. The system employs six quality indicators from independent sources and assigns 0-5 points to each quality indicator, for a maximum of 30 points.
- 07/09/2024
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California Water Service Group Subsidiary Files Plan to Invest $1.6 Billion in its California Water Systems in Upcoming Three Years, Proposes Program to Decouple Revenue from Water Sales
- SAN JOSE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- To continue providing safe, clean, reliable tap water to customers across the communities it serves, California Water Service (Cal Water)—the largest subsidiary of California Water Service Group (NYSE: CWT)—yesterday submitted Infrastructure Improvement Plans for its California districts from 2025-2027 in its General Rate Case (GRC) filing with the California Public Utilities Commission (CPUC). The application also proposes a Low-Use Water Equity Program, which would decouple revenue from water sales, to assist low-water-using, lower-income customers.
- 07/09/2024
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California Water Service Applauds California Supreme Court Decision Preserving Water Utilities' Rights to Implement Rate-Making Mechanism that Supports Conservation, Protects Customers
- SAN JOSE, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) commends the decision issued today by the California Supreme Court that preserves decoupling as a rate-making mechanism, protects water utilities' due process rights, and enables them to maintain financial stability, all while encouraging water conservation and helping protect customers at the same time. The ruling was issued in response to the Low-Income Ratepayer Assistance Phase 1 Decision (D. 20-08-047) made by the California Public Utilities Commission (CPUC) in August 2020.
- 07/08/2024
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4 Stocks to Watch From the Prospering Water Supply Industry
- Water Supply companies like WTRG, PRMW, CWT and AWR are poised to benefit from stable demand for water and wastewater services across the United States. Their systematic investments should enable them to serve customers efficiently.
- 07/08/2024
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4 Safe Stocks to Buy as Consumer Sentiment Hits 7-Month Low
- Stocks like California Water Service Group (CWT), Atmos Energy Corporation (ATO), Portland General Electric Company (POR), Colgate-Palmolive Company (CL) and Utz Brands, Inc. (UTZ) are a safe bet during times of uncertainty.
- 07/05/2024
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California Water Service Group Gives Back to its Communities with $80,000 in College Scholarships
- SAN JOSE, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- As part of its commitment to enhance the quality of life for those it serves, California Water Service Group (Group) has awarded $80,000 in college scholarships to 12 of the best and brightest California, Hawaii, and Washington students for the 2024-25 academic year.
- 06/27/2024
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5 Low-Beta Stocks to Buy as Consumer Confidence Ebbs in June
- Consumer confidence is sinking again due to economic uncertainties. Investing in low-beta defensive stocks like California Water Service, Portland General Electric Company (POR), MDU Resources (MDU), The Procter & Gamble Company (PG) and Ingredion (INGR) would be a safe bet.
- 06/26/2024
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7 Water Stocks to Buy Now: June 2024
- As water scarcity becomes a critical global issue, water stocks are gaining significant attention from investors. By 2030, the demand for freshwater is projected to exceed supply by 40%.
- 06/22/2024
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Reasons to Add California Water (CWT) to Your Portfolio Now
- California Water (CWT) makes a strong case for investment, given its growth prospects, strong ROE, debt management and ability to increase shareholder value.
- 06/20/2024
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4 Utility Stocks to Buy as Consumer Sentiment Hits 7-Month Low
- Utility stocks like Pinnacle West Capital Corporation (PNW), Atmos Energy Corporation (ATO), California Water Service Group (CWT) and MDU Resources Group, Inc. (MDU) area safe bet during times of market uncertainty.
- 06/17/2024
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5 Low-Beta Stocks to Buy as Fed Indicates One Rate Cut in 2024
- Low-beta stocks from the utilities and consumer staples sectors like Atmos Energy Corporation (ATO), Pinnacle West Capital Corporation (PNW), California Water Service Group (CWT) Utz Brands, Inc. (UTZ) and PepsiCo, Inc. (PEP) are safe bets during times of volatility.
- 06/14/2024
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5 Safe Stocks to Buy as Uncertainty Over Rate Cuts Continue
- Stocks like Atmos Energy Corporation (ATO), California Water Service Group (CWT), Portland General Electric Company (POR), PepsiCo, Inc. (PEP) and Kimberly-Clark Corporation (KMB) from the utility and consumer staples sector are a safe bet during times of market volatility.
- 06/06/2024
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California Water (CWT) Acquires Kings Mountain's Water System
- California Water (CWT) continues to expand its operations through the purchase of Kings Mountain Park Mutual Water Company's water system assets.
- 05/29/2024
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California Water Service Group Completes Purchase of Kings Mountain Park Mutual Water Company
- SAN JOSE, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), has finalized the acquisition of Kings Mountain Park Mutual Water Company's (Kings Mountain) water system assets. Cal Water's Bear Gulch District, which has provided water in recent years to Kings Mountain through a system interconnection, will now provide water utility services directly to Kings Mountain customers.
- 05/28/2024
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5 Safe Stocks to Bet on as Inflation, Rate Hike Concerns Grow
- Stocks like Portland General Electric Company (POR), Atmos Energy Corporation (ATO), Pinnacle California Water Service Group (CWT), PepsiCo, Inc. (PEP) and McCormick & Company, Incorporated (MKC) are a safe bet amid concerns over stubborn inflation.
- 05/23/2024
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California Water Service Group Bolsters Environmental, Social, and Governance Program, Reaffirms Commitment to Safe and Reliable Water Supply for Communities
- Group Releases 2023 ESG Report, Highlighting Recent Progress and Achievements Group Releases 2023 ESG Report, Highlighting Recent Progress and Achievements
- 05/22/2024
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Is California Water Service Group (CWT) Stock Outpacing Its Utilities Peers This Year?
- Here is how California Water Service Group (CWT) and Iberdrola S.A. (IBDRY) have performed compared to their sector so far this year.
- 05/17/2024
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Reasons to Add California Water (CWT) to Your Portfolio Now
- California Water (CWT) makes a strong case for investment, given its growth prospects, debt management and ability to increase shareholder value.
- 05/15/2024
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5 Utility Stocks at the Forefront of the Recent Rally
- The utility sector is now the third-best-performing sector year to date and the top-performing S&P 500 sector of the second quarter after a solid rally in the past month.
- 05/13/2024
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5 Safe Stocks to Buy as Consumer Sentiment Hits 6-Month Low
- Utility and consumer staples stocks like California Water Service Group (CWT), National Grid plc (NGG), Pinnacle West Capital Corporation (PNW), Colgate-Palmolive Company (CL) and PepsiCo, Inc. (PEP) are a safe bet during times of uncertainty.
- 05/13/2024
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4 Defensive Stocks to Buy Amid Sinking Consumer Confidence
- Stocks like Atmos Energy Corporation (ATO), California Water Service Group (CWT), Pinnacle West Capital Corporation (PNW), Colgate-Palmolive Company (CL) and McCormick & Company, Incorporated (MKC) are a safe bet amid sinking consumer confidence.
- 05/02/2024
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Economic Growth Slows Triggering Slowdown Fears: 5 Safe Bets
- Investing in utility stocks like Atmos Energy Corporation (ATO), American Water Works Company, Inc. (AWK), National Grid plc (NGG), California Water Service Group (CWT) and Eversource Energy (ES) is a safe bet amid ongoing market volatility.
- 04/29/2024
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California Water Service Group (CWT) Q1 2024 Earnings Call Transcript
- California Water Service Group (NYSE:CWT ) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Jim Lynch – Senior Vice President, Chief Financial Officer and Treasurer Marty Kropelnicki – Chairman and Chief Executive Officer Greg Milleman – Vice President of Rates and Regulatory Affairs Conference Call Participants Michael Gaugler – Janney Montgomery Scott Jonathan Reeder – Wells Fargo Angie Storozynski – Seaport Research Partners Davis Sunderland – Baird Operator Good day, ladies and gentlemen. Thank you for standing by and welcome to the California Water Service Group First Quarter 2024 Earnings Call.
- 04/25/2024
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California Water (CWT) Q1 Earnings & Revenues Beat Estimates
- California Water's (CWT) first-quarter 2024 earnings and revenues increase year over year due to the 2021 General Rate Case decision.
- 04/25/2024
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California Water Service Group's First Quarter 2024 Financial Results Benefit from California 2021 General Rate Case Decision
- SAN JOSE, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (“Group” or “Company,” NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported results for the first quarter of 2024.
- 04/25/2024
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California Water Service Group Board of Directors Declares 317th Consecutive Quarterly Dividend and 57th Consecutive Annual Dividend Increase
- SAN JOSE, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- At its meeting on April 24, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 317th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on May 17, 2024 to stockholders of record as of the close of business on May 6, 2024.
- 04/24/2024
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Protect Our Earth With 5 ETF & Stock Investing Strategies (Revised)
- Rising global warming and its adverse impact on Earth makes it important for investors to be socially responsive while creating their investment portfolio. While these stocks and ETFs should gain, rising natural disasters should also boost businesses of disaster recovery stocks.
- 04/24/2024
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California Water (CWT) to Post Q1 Earnings: What to Expect
- California Water's (CWT) first-quarter earnings are expected to have benefited from contribution from organic and acquired assets, while still-high interest rates are concerns.
- 04/23/2024
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Protect Our Earth With 5 ETF & Stock Investing Strategies
- Rising global warming and its adverse impact on Earth makes it important for investors to be socially responsive while creating their investment portfolio. While these stocks and ETFs should gain, rising natural disasters should also boost businesses of disaster recovery stocks.
- 04/22/2024
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California Water Service Group Moving Forward to Install PFAS Treatment Despite CPUC Dismissal of Request to Track Capital Costs in Pre-Approved Memorandum Account
- SAN JOSE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) reaffirmed its commitment to investing an estimated $215 million in PFAS treatment and to working as quickly as possible to complete planned projects, despite a decision today by the California Public Utilities Commission to dismiss California Water Service's (Cal Water's) application requesting authorization to modify a previously approved PFAS-expense memorandum account to include capital investments related to PFAS compliance for future recovery.
- 04/18/2024
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California Water Service Districts Already Treating for Chromium-6, Will Meet New State Water Quality Standard
- SAN JOSE, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) confirmed today that its water systems will meet the new state maximum contaminant level (MCL) of 10 parts per billion (ppb) for chromium-6, which was adopted today by the State Water Resources Control Board.
- 04/17/2024
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55 April Dividend Kings: Buy 8, Watch 8
- "What is a Dividend King? A stock with 50 or more consecutive years of dividend increases."—suredividend.com. The 55 Dividend Kings screened as of April 10 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net-gains ranged 15.19%-33.38% topped-by Middlesex Water, and SJW Group. By yield, Leggett tops-all. Top-ten April Kings: FRT, UBSI, FTS, BKH, NWN, CDUAF, MMM, UVV, MO, & LEG averaged 6.24% in yield.
- 04/12/2024
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California Water Service Group Utilities Prepared to Comply with New PFAS Regulations
- Group believes its subsidiaries are well positioned to treat potentially impacted water sources and to meet the EPA's five-year compliance timeline.
- 04/10/2024
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Cal Water Secures $83 Million in Additional State Funding to Relieve Customers of Past-Due Balances Accumulated During Pandemic
- SAN JOSE, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- With financial impacts of COVID-19 felt by California Water Service (Cal Water) customers well past the height of the pandemic, Cal Water applied for and has received more than $83.0 million through the California Extended Water and Wastewater Arrearage Payment Program (Extended Program) to relieve residential and commercial customers of past-due balances incurred during the pandemic.
- 04/09/2024
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Reasons to Add California Water (CWT) to Your Portfolio Now
- California Water (CWT) makes a strong case for investment, given its rising earnings estimates, investments to strengthen operations and ability to pay regular dividend to shareholders.
- 04/05/2024
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California Water Service Group Schedules 2024 First Quarter Earnings Results Announcement and Conference Call
- SAN JOSE, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2024 first quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, April 25, 2024.
- 04/04/2024
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California Water Service Group Recognized by Newsweek as One of “America's Most Trustworthy Companies”
- SAN JOSE, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) announced today that it has earned a spot on Newsweek magazine's 2024 list of “America's Most Trustworthy Companies” for the second consecutive year. Newsweek compiles the list with Statista Inc., a leading statistics portal and industry ranking provider.
- 03/28/2024
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CWT or PRMW: Which Water Utility Stock Should You Invest in?
- Primo Water Corporation (PRMW) and California Water Service Group (CWT) are both serving customers efficiently.
- 03/15/2024
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Reasons to Add California Water (CWT) to Your Portfolio Now
- California Water (CWT) makes a strong case for investment, given its growth prospects, debt management and ability to increase shareholders' value.
- 03/04/2024
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California Water Service: An Undervalued Water Utility To Buy Now
- A setback in California Water Service's ongoing rate case has weighed on shares since I initiated coverage in November. The company's operating revenue and diluted EPS missed expectations in the fourth quarter. California Water Service remains well-positioned financially.
- 03/02/2024
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California Water (CWT) Q4 Earnings & Revenues Miss Estimates
- California Water's (CWT) fourth-quarter 2023 earnings and revenues increase year over year. CWT continues to enhance its infrastructure through investments.
- 02/29/2024
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California Water Service Group (CWT) Q4 Earnings and Revenues Lag Estimates
- California Water Service Group (CWT) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $0.35 per share a year ago.
- 02/29/2024
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What's in Store for California Water (CWT) in Q4 Earnings?
- California Water's (CWT) Q4 earnings are likely to have gained from acquired assets and the implementation of new rates. However, still-high interest rates and an increase in short-term borrowing rates may have offset some upsides.
- 02/26/2024
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California Water Service Group Schedules 2023 Full-Year and Fourth-Quarter Earnings Results Announcement and Conference Call
- SAN JOSE, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2023 full-year and fourth-quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, February 29, 2024.
- 02/08/2024
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Down -12.51% in 4 Weeks, Here's Why You Should You Buy the Dip in California Water Service Group (CWT)
- California Water Service Group (CWT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 01/29/2024
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4 Stocks to Watch From the Flourishing Water Supply Industry
- Water Utility companies like AWK, CWT, SJW and CWCO, are poised to benefit from stable demand for water and wastewater services across the United States. Their systematic investments should enable them to serve customers efficiently.
- 01/22/2024
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California Water Service Group (CWT) Loses -10.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- California Water Service Group (CWT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 01/12/2024
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California Water Service Group (CWT) Unit Buys Water System
- California Water Service Group (CWT) continues to expand its operations through acquisitions and necessary investments to upgrade acquired assets to provide reliable services.
- 01/12/2024
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Reasons to Add California Water (CWT) to Your Portfolio Now
- California Water (CWT) makes a strong case for investment, given its growth prospects, debt management and ability to increase shareholders' value.
- 01/05/2024
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California Water Service (CWT) Units Buy Two Water Utilities
- California Water Service (CWT), along with its subsidiaries, is expanding operations through organic and inorganic routes and making necessary investments to upgrade its acquired assets.
- 01/03/2024
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Utilities Are Still Undervalued And Some Are A Buy
- The Utility sector has struggled due to rising interest rates and inflation, resulting in share price declines and high dividend yields. California Water Service Group, Alliant Energy, and WEC Energy Group are identified as buying opportunities in the utility sector. These companies have faced challenges but offer strong dividend growth, and solid dividend safety, and are undervalued compared to historical values.
- 12/01/2023
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California Water Service: A Recession-Resistant Dividend King For Your Portfolio
- California Water Service's 2.1% yield isn't spectacular, but the payout is well-covered and has grown more than half of a century. The water utility was weighed down by higher costs in the third quarter and a delayed proposed decision on its pending rate case. California Water Service maintains a healthy balance sheet.
- 11/10/2023
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California Water Service Group (CWT) Q3 2023 Earnings Call Transcript
- California Water Service Group (NYSE:CWT ) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants David Healey - Vice President Chief Financial Officer & Treasurer Greg Milleman - Vice President, Rates and Regulatory Affairs Officer Marty Kropelnicki - Chairman & Chief Executive Officer Conference Call Participants Davis Sunderland - Baird Jonathan Reeder - Wells Fargo Agnieszka Storozynski - Seaport Operator Good morning. My name is Christa, and I'll be your conference operator today.
- 10/26/2023
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Can Stocks Enjoy Halloween Effect Despite Rising Rate Fear?
- The spooky occasion Halloween can turn into an occasion of angels for Wall Street. Top-ranked sectors like energy, construction, medical and utilities, especially, have the potential to experience a Halloween Effect this year.
- 10/26/2023
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California Water (CWT) to Report Q3 Earnings: What's in Store?
- California Water's (CWT) third-quarter revenues are likely to have benefited from new rates and expanding customer base.
- 10/23/2023
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5 Low-Beta Utility Stocks to Buy Amid Ongoing Market Volatility
- Investing in defensive sectors such as ALLETE (ALE), PNM Resources (PNM), Consolidated Water Co (CWCO), California Water Service Group (CWT) and Vistra Corp. (VST) should be safe.
- 10/17/2023
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Reasons to Add California Water (CWT) to Your Portfolio
- California Water (CWT) makes a strong case for investment, given its positive growth estimates, strong liquidity and systematic investments to strengthen infrastructure.
- 10/10/2023
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California Water Service Group To Announce Financial Results
- SAN JOSE, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) announced on October 5, 2023, that its third quarter 2023 financial results will be released at 9:00 a.m. ET with its conference call to follow at 11:00 a.m. ET on Thursday, October 26, 2023.
- 10/05/2023
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3 Stocks Ready to Rocket on These Global Mega Trends
- Many investors are used to looking for sectors to make bets on. Technology.
- 09/28/2023
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California Water Service: Revisiting After A 10% Drop
- California Water Service has seen a decline in its valuation and is now trading at a lower multiple compared to other water companies. The company's decline in revenue and earnings is primarily due to a decrease in customer usage and increased costs for water treatment. CWT faces future challenges, including the need to comply with PFAS regulations and make a significant investment of around $200 million.
- 08/31/2023
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California Water (CWT) to Gain From Investments & Acquisitions
- California Water (CWT) is expected to further benefit from systematic investments and expansion through acquisitions.
- 08/25/2023
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Reasons to Add California Water (CWT) to Your Portfolio
- California Water (CWT) makes a strong case for investment, given its growth prospects, debt position and ability to increase shareholders' value.
- 08/16/2023
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California Water (CWT) Q2 Earnings Disappoint, Sales Decline Y/Y
- California Water (CWT) second-quarter 2023 earnings and revenues decline year over year. Total operating expenses decrease during the same period.
- 07/28/2023
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California Water Service Group (CWT) Q2 Earnings and Revenues Miss Estimates
- California Water Service Group (CWT) came out with quarterly earnings of $0.17 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.36 per share a year ago.
- 07/27/2023
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4 Low-Beta Utility Stocks to Buy Ahead of Fed's Likely Rate Hike
- Markets have been upbeat over the past couple of weeks as June inflation data raised hopes that the Fed might soon end its monetary tightening cycle.
- 07/25/2023
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What's in Store for California Water (CWT) in Q2 Earnings?
- California Water's (CWT) second-quarter 2023 earnings are likely to have benefited from new customer rates and lower operating expenses.
- 07/24/2023
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California Water Service (CWT) Arm Acquires Stroh's Water
- California Water Service's (CWT) unit, Washington Water, completes the acquisition of Stroh's Water Company, adding 900 new customers.
- 07/19/2023
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Score These 3 Oversold Dividend Kings Now for Majestic Long-Term Profits
- Struggling to find stocks to improve your portfolio's total return? In today's market, finding stocks that balance risk and return is the struggle of most investors.
- 07/07/2023
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California Water Service Group To Announce Financial Results
- SAN JOSE, Calif., July 06, 2023 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) announced on July 6, 2023 that its second quarter 2023 financial results will be released at 9:00 a.m. ET with its conference call to follow at 11:00 a.m. ET on Thursday, July 27, 2023.
- 07/06/2023
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July Dividend Kings: 5 Buys, 4 To Watch
- "There is only one-criterion to be included among the Dividend Kings: a publicly-traded company must increase its total fiscal-year dividend-payout for a minimum of 50 consecutive-years."--Dogs of the Dow. The 50 Dividend Kings screened as of June 27, 2023, represented nine of eleven Morningstar Sectors. Broker targeted-top-ten net-gainers ranged 20.35%-40.04% topped-by ABM Industries, and Gorman-Rupp. By yield, MO tops-all. Top-ten Kingly July yields from NFG, BKH, ABBV, NWN, FRT, CDUAF, MMM, UVV, LEG, & MO averaged 5.4%.
- 06/29/2023
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Water Utilities in Focus on Upgrade of Aging Infrastructure
- Investment and awareness of water utilities and federal government can improve the quality of water and wastewater infrastructure in the United States.
- 06/14/2023
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California Water Service: This Dividend King Remains Fully Valued
- CWT is a Dividend King, with 55 consecutive years of dividend growth. CWT is essentially immune to recessions thanks to the essential nature of water. However, CWT is fully valued.
- 06/07/2023
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4 Dividend Stocks to Play Defense
- So far, the stock market has seemingly shrugged off fears of default if the U.S. debt ceiling is not raised. But intelligent investors may want to play it safe with dividend stocks.
- 05/31/2023
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California Water (CWT) Gains From Organic & Inorganic Assets
- California Water Service Group (CWT), with its acquisitions and investments in infrastructure, is poised to gain from rising demand. However, compliance with changing regulations is a concern.
- 05/22/2023
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My 12 Best Dividend Kings For May 2023
- The 49 Dividend Kings collectively were up 0.51% in April and continue their positive year-to-date return. The 12 best dividend kings selected for April, based on forecasted growth and valuation, outperformed the average dividend king return by 2.78%.
- 05/08/2023
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The 7 Most Promising Water Industry Stocks to Buy in 2023
- Although the technology may get most of the attention, investors should consider throwing some spare funds at water stocks to buy. With water representing a core commodity for various industries, its supply, and access will likely play significant roles in both the economy and geopolitical relations.
- 04/30/2023
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Dividend Champion, Contender, And Challenger Highlights: Week Of April 30
- A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.
- 04/30/2023
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California Water Service Group (CWT) Q1 2023 Earnings Call Transcript
- California Water Service Group (NYSE:CWT ) Q1 2023 Earnings Conference Call April 27, 2023 11:00 AM ET Company Participants Tom Scanlon - Corporate Controller Marty Kropelnicki - President and CEO Tom Smegal - VP, CFO and Treasurer Conference Call Participants Jonathan Reeder - Wells Fargo Gregg Orrill - UBS Davis Sunderland - Baird Operator Good day, and welcome to the California Water Service Group Q1 2023 Earnings Call. [Operator Instructions] I'd now like to welcome Mr.
- 04/28/2023
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California Water (CWT) Q1 Earnings & Sales Lag Estimates
- California Water Service Group's (CWT) first-quarter 2023 earnings and revenues miss estimates. Operating expenses decline.
- 04/27/2023
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California Water Service Group To Announce Financial Results
- SAN JOSE, Calif., April 06, 2023 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) announced on April 6, 2023 that its first quarter 2023 financial results will be released at 9:00 a.m. ET with its conference call to follow at 11:00 a.m. ET on Thursday, April 27, 2023.
- 04/06/2023
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California Water Service Group (CWT) Up 1.5% Since Last Earnings Report: Can It Continue?
- California Water Service Group (CWT) reported earnings 30 days ago. What's next for the stock?
- 03/31/2023
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California Water (CWT) Investments to Aid as Infrastructure Ages
- California Water (CWT) is expected to benefit from systematic investments and expansion through acquisitions. However, risks related to aging infrastructure can impact operations negatively.
- 03/31/2023
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The 7 Best Water Utility Stocks to Buy for Portfolio Diversification
- With the recent banking sector headwinds spilling over into other segments of the economy, investors may want to seek opportunities with the best water utility stocks to buy. No, utility firms don't represent exciting investment sectors but that's also the point.
- 03/18/2023
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California Water's (CWT) Arm Closes Water System Assets Buyout
- California Water Service Group's (CWT) unit, Washington Water Service, completes the acquisition of Bethel Greenacres Water Association's water system assets.
- 03/15/2023
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My 12 Best Dividend Kings For March 2023
- The 49 Dividend Kings started the new year on a positive note but cooled off in February, collectively losing 2.06%. The 11 best dividend kings selected for February, based on forecasted growth and valuation, outperformed the average dividend king return by 19 bps.
- 03/08/2023
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California Water (CWT) Q4 Earnings & Sales Surpass Estimates
- California Water Service Group???s (CWT) fourth-quarter earnings and revenues beat estimates.
- 03/02/2023
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California Water Service Group (CWT) Beats Q4 Earnings and Revenue Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of 59.09% and 11.55%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 03/01/2023
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California water officials raise State Water Project allocation after storms
- The Department of Water Resources (DWR) said the modest increase in forecasted water deliveries this year is due to early gains in the Sierra snowpack.
- 02/22/2023
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California Water Service Group Schedules Fourth Quarter and Year-End 2022 Earnings Results Announcement and Conference Call
- SAN JOSE, Calif., Feb. 13, 2023 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its fourth quarter and year-end 2022 earnings results will be released on March 1, 2023 with its conference call to follow at 11:00 a.m. ET on Thursday, March 2, 2023.
- 02/13/2023
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3 Dividend Kings Among 22 Companies To Announce Annual Dividend Increases In First Half Of February
- There is a slew of dividend increases coming in February, including from dividend kings Genuine Parts, 3M, and PepsiCo in the first half of the month. Other popular stocks that traditionally announce annual increases in early February are Sherwin-Williams and Cisco.
- 01/29/2023
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The Dividend Kings Ranked By Quality Score
- Dividend Kings have an astounding track record of 50 or more years of higher dividend payouts. I rank the Dividend Kings using Quality Snapshots, a simple yet elegant system for assessing the quality of dividend growth stocks.
- 01/24/2023
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California Drought Puts A Spotlight On This $7.5 Billion Acquisition
- Xylem announced it's acquiring Evoqua for $7.5 billion in an all-stock deal amid the worst U.S. drought in a millennium. The post California Drought Puts A Spotlight On This $7.5 Billion Acquisition appeared first on Investor's Business Daily.
- 01/23/2023
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Water Stock Soars On Acquisition News, As The West's Wells Run Dry
- Xylem announced it's acquiring Evoqua for $7.5 billion in an all-stock deal amid the worst U.S. drought in a millennium. The post Water Stock Soars On Acquisition News, As The West's Wells Run Dry appeared first on Investor's Business Daily.
- 01/23/2023
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7 Defensive Stocks to Buy as House Republicans Bicker
- If there was ever a reason to consider defensive stocks to buy, House Republicans gave one of the most compelling. After 15 rounds of voting amid deep divisions in the conservative party, Representative Kevin McCarthy of California finally won the election as the new House Speaker.
- 01/10/2023
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BlackRock, Kimberly-Clark Among 13 Companies To Start 2023 With Annual Dividend Increases
- There were several double-digit boosts in December, with Mastercard and Eli Lilly leading the way with 16% and 15% increases, respectively. Abbott Labs began its second half-century of dividend growth with an 8.5% increase.
- 01/02/2023
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Time For A Review Of California Water Service - It Remains A 'Hold'
- The company that I reviewed back in September - California Water Service - has slightly outperformed the market. I was neutral on the company, viewing it as somewhat too pricey. The market saw this as wrong.
- 12/07/2022
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California Water's (CWT) Arm Buys Driftwood Valley Water Assets
- California Water Service's (CWT) subsidiary, Washington Water Service, acquired Driftwood Valley Association's water assets, further expanding its operations.
- 11/24/2022
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California Water (CWT) Q3 Earnings Miss Estimates, Sales Beat
- California Water Service's (CWT) third-quarter earnings are lower than expected. CWT reiterates its long-term capital expenditure plan to strengthen infrastructure.
- 10/28/2022
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California Water Service Group (CWT) Q3 2022 Earnings Call Transcript
- California Water Service Group (NYSE:CWT ) Q3 2022 Earnings Conference Call October 27, 2022 11:00 AM ET Company Participants David Healey - VP, Corporate Controller, Assistant Treasurer & CAO Thomas Smegal - VP, CFO & Treasurer Greg Milleman - VP, Rates and Regulatory Affairs Martin Kropelnicki - President, CEO & Director Paul Townsley - VP, Corporate Development Conference Call Participants Angie Storozynski - Seaport Research Partners Jonathan Reeder - Wells Fargo Securities Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
- 10/27/2022
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California Water Service (CWT) Arm to Buy Keauhou Sewer Assets
- California Water Service's (CWT) unit, Hawaii Water Service, gets the necessary nod to acquire the wastewater system assets of Keauhou Community Services, which will further expand its operation in the region.
- 10/18/2022
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California Water's (CWT) Arm Gets Nod to Acquire Stroh's Water
- California Water's (CWT) unit, Washington Water Service, gets the approval to acquire the assets of Stroh's Water Company and further expand its customer base.
- 10/11/2022
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California Water Service Group To Announce Financial Results
- SAN JOSE, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) announced on October 6, 2022 that its third quarter 2022 earnings results will be released at 9:00 a.m. ET with its conference call to follow at 11:00 a.m. ET on Thursday, October 27, 2022.
- 10/06/2022
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Why You Can Consider Looking At California Water Service Group
- Water companies are great investments. I invest capital in several of them, and I recently started looking at California Water. The company has potential fundamental upside - at least if we consider that Water companies are some of the safest companies around.
- 09/26/2022
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7 Best Clean Air and Water Stocks to Buy Now
- Water stocks help investors focus on one of the most fundamental aspects of life on Earth. All organisms, including humans, need water to stay alive.
- 09/21/2022
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California Water (CWT) Unit to Expand Water Supply Operation
- California Water Services' (CWT) unit, Texas Water Service, has entered into a long-term water supply agreement with the Guadalupe Blanco River Authority to expand its water supply pipeline in Texas.
- 08/18/2022
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California Water Service Group (CWT) CEO Martin Kropelnicki on Q2 2022 Results - Earnings Call Transcript
- California Water Service Group (NYSE:CWT ) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants David Healey - Vice President and Corporate Controller Thomas Smegal - Vice President, Chief Financial Officer Martin Kropelnicki - President and CEO Conference Call Participants Ben Kallo - Baird Operator Good morning and welcome to the California Water Service Group Quarter Two, 2022 Earnings Release Call. All lines have been placed on mute to prevent any background noise.
- 07/28/2022
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California Water Service Group (CWT) Q2 Earnings and Revenues Lag Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of -40% and 7.54%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/28/2022
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What to Expect From California Water (CWT) in Q2 Earnings?
- California Water Service's (CWT) second-quarter results are likely to reflect the benefits of an increase in unbilled revenues, partly offset by an increase in operating expenses.
- 07/25/2022
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California Water Service: Still Richly Valued, Despite Its Correction
- CWT has grown its dividend for 55 consecutive years and hence it is a Dividend King. CWT is immune to recessions.
- 07/15/2022
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California Water Service Group To Announce Financial Results
- SAN JOSE, Calif., July 07, 2022 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its second quarter 2022 earnings results will be released at 9:00 a.m. ET with its conference call to follow at 11:00 a.m. ET on Thursday, July 28, 2022.
- 07/07/2022
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California Water (CWT) Arm, BVRT Duo Buys Wastewater System
- California Water Service's (CWT) unit, Texas Water Service, in collaboration with BVRT Utility, further expands its customer base by closing the acquisition of Railyard Utility's wastewater system.
- 06/23/2022
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California Water (CWT) Arm Gets Nod to Buy Skylonda Assets
- California Water's (CWT) unit, California Water Service, gets the approval to acquire Skylonda Mutual Water Company. The company is likely to invest in infrastructure to provide quality services.
- 06/03/2022
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These 3 Dividend Kings Make You Money in Your Sleep
- Food, water, and shelter are specialties for these passive income royals.
- 05/26/2022
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3 Water Stocks to Buy for Income
- all have strong dividend growth histories, market-beating yields, relatively low payout ratios, and strong growth prospects. Combined, these factors make these stocks great dividend growth stocks for long-term investors.
- 05/17/2022
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California Water Service Group (CWT) CEO Marty Kropelnicki on Q1 2022 Results - Earnings Call Transcript
- California Water Service Group (NYSE:CWT ) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants David Healey - Vice President, Controller Marty Kropelnicki - President and Chief Executive Officer Tom Smegal - Vice President and Chief Financial Officer Shannon Dean - Vice President, Customer Service and Chief Citizenship Officer Conference Call Participants Ben Kallo - Baird Jonathan Reeder - Wells Fargo Operator Ladies and gentlemen, thank you for standing by and welcome to the California Water Service Group First Quarter 2022 Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Mr.
- 04/30/2022
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California Water (CWT) Q1 Earnings Lag Estimates, Revenues Beat
- California Water's (CWT) Q1 earnings lag estimates. California Water gains from investments to strengthen its infrastructure.
- 04/29/2022
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California Water Service Group (CWT) Q1 Earnings Miss Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of -60% and 12.33%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/28/2022
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What to Expect From California Water (CWT) in Q1 Earnings?
- California Water Service's (CWT) first-quarter results are likely to reflect the benefits of the acquisition of assets in 2021, partly offset by an increase in expenses.
- 04/25/2022
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Good Stocks To Invest In Right Now? 4 Utility Stocks To Know
- Could utility stocks be a safe haven for investors?
- 04/24/2022
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California Water (CWT) Arm Buys Morningstar Water System
- California Water Service's (CWT) unit, New Mexico Water, further expands its customer base by closing the acquisition of Morningstar Water System.
- 04/18/2022
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7 Water Stocks to Buy as the World Fights for the Next Scarce Resource
- With water scarcity underlining the conflicts of tomorrow, these water stocks to buy enjoy relevant and cynical catalysts. The post 7 Water Stocks to Buy as the World Fights for the Next Scarce Resource appeared first on InvestorPlace.
- 04/10/2022
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California Water Service (CWT) Arm to Acquire Stroh's Water
- California Water Service's (CWT) unit, Washington Water, further expands its customer base through the acquisition of the water assets of Stroh's Water Company.
- 04/08/2022
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California Water Service Group To Announce Financial Results
- SAN JOSE, Calif., April 07, 2022 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its first quarter 2022 earnings results will be released at 9:00 a.m. ET with its conference call to follow at 11:00 a.m. ET on Thursday, April 28, 2022.
- 04/07/2022
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WTRG or CWT : Which Utility Water Supply Stock to Hold Now?
- At present, Essential Utilities (WTRG) appears to be a better choice in the water supply stock compared with California Water Service (CWT).
- 04/05/2022
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California Water Service (CWT) Unit to Acquire Monterey Water
- California Water Service's (CWT) unit, New Mexico Water, is likely to expand its operation in the Rio Del Oro service area and increase the customer base by the acquisition of Monterey Water.
- 03/23/2022
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California Water Service Group (CWT)CEO Martin Kropelnicki on Q4 2021 Results - Earnings Call Transcript
- California Water Service Group (CWT)CEO Martin Kropelnicki on Q4 2021 Results - Earnings Call Transcript
- 02/24/2022
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California Water (CWT) Q4 Earnings & Revenues Miss Estimates
- California Water's (CWT) Q4 earnings lag estimates. California Water is likely to gain from closing of the pending acquisitions and consistent investments in the upcoming years.
- 02/24/2022
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California Water Service Group (CWT) Misses Q4 Earnings and Revenue Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of -65% and 12.02%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/24/2022
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Utility Stock Q4 Earnings to Watch on Feb 24: AEP, EIX & More
- Among the S&P 500 utility companies that have released their Q4 numbers so far, 33.3% beat on earnings. AEP, EIX, NRG, TAC, CWT & PMRW are set to report Q4 results on Feb 24
- 02/23/2022
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What to Expect From California Water (CWT) in Q4 Earnings?
- California Water Service's (CWT) fourth-quarter results are likely to reflect the benefits from increased rates and unbilled revenues.
- 02/21/2022
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California Water Service Group Schedules Fourth Quarter and Year-End 2021 Earnings Results Announcement and Conference Call
- SAN JOSE, Calif., Feb. 03, 2022 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its fourth quarter and year-end 2022 earnings results will be released at 9:00 a.m. ET with its conference call to follow at 11:00 a.m. ET on Thursday, February 24, 2022.
- 02/03/2022
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California water officials warn state could face third consecutive dry year as early snowpack dissipates
- The warning comes as California grapples with worsening wildfire seasons, water shortages and historic drought conditions fueled by climate change.
- 02/01/2022
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California Water (CWT) Increases Dividend, Boosts Shareholders
- California Water Service (CWT) management further improves shareholder value by increasing the annual dividend rate by 8.7% to $1 per share.
- 01/28/2022
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California Water's (CWT) Investments, Rate Hikes Bode Well
- California Water's (CWT) extending customer base, strategic capital budgets and constant rate hikes are likely to strengthen its existing operations.
- 01/19/2022
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California Water Service: Do Not Buy The Dip Yet
- CWT is a Dividend King, with 54 consecutive years of dividend growth.
- 01/18/2022
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4 Water Utility Stocks to Watch Amid Industry's Near-Term Woes
- Water Utility companies like AWK, WTRG, CWT and ARTNA are poised to benefit from stable demand for water and wastewater services across the United States. Their systematic investments will enable them to serve customers efficiently.
- 12/30/2021
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4 Utilities to Strengthen Your Portfolio in the Upcoming Year
- On the back of stability in demand and improving economic conditions, certain stocks from the Zacks Utility sector deserve investors' attention in 2022.
- 12/28/2021
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What Makes California Water Service Group (CWT) a Strong Momentum Stock: Buy Now?
- Does California Water Service Group (CWT) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 12/24/2021
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7 of the Best Long-Term Stocks to Buy in 2022
- With the market going on a roller-coaster ride recently, it's time to strategize for 2022 with these long-term stocks to buy. The post 7 of the Best Long-Term Stocks to Buy in 2022 appeared first on InvestorPlace.
- 12/23/2021
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VPU: Utilities Dashboard For December
- The less overvalued subsector is gas utilities.
- 12/16/2021
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Top 5 Picks From the Best-Performing Sector in the Past Month
- We have narrowed our search to five utilities that have growth potential for the rest of 2021. These are: CWT, D, DUK, NI and IDA.
- 12/15/2021
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Reasons to Add California Water (CWT) to Your Portfolio Now
- Backed by a positive estimate revision, regular investments to strengthen its operations and demand from the expanding customer base, California Water Service (CWT) seems a lucrative option.
- 12/06/2021
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Top 5 Stocks Likely to Gain From U.S. Infrastructure Spending
- Five stocks are likely to gain from the Biden administration's infrastructure development legislation. These are; NUE, QCOM, CWT, CR, and CMC.
- 11/16/2021
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California Water's (CWT) Q3 Earnings & Revenues Beat Mark
- California Water (CWT) posts better-than-expected results for the third quarter. However, both the top and the bottom line decline year over year.
- 10/28/2021
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California Water Service Group's (CWT) CEO Martin Kropelnicki on Q3 2021 Results - Earnings Call Transcript
- California Water Service Group's (CWT) CEO Martin Kropelnicki on Q3 2021 Results - Earnings Call Transcript
- 10/28/2021
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California Water Service Group Schedules Third Quarter 2021 Earnings Results Announcement and Conference Call
- SAN JOSE, Calif., Oct. 07, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its third quarter 2021 earnings results will be released at 9:00 a.m. ET with its conference call to follow at 11:00 a.m. ET on Thursday, October 28, 2021.
- 10/07/2021
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California Water Service Group Receives Great Place to Work® Distinction for Sixth Consecutive Year
- SAN JOSE, Calif., Oct. 06, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) has been named a Great Place to Work for the sixth year in a row by the Great Place to Work® Institute, the utility announced today. The award comes on the heels of the company being named a Top Workplace in the Bay Area by the Bay Area News Group and honored with Most Valuable Corporate COVID-19 Response by the American Business Awards®.
- 10/06/2021
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California Water Service Expands Resources Available to Local Firefighters For 2021 Firefighter Grant Program, Applications Now Open
- SAN JOSE, Calif., Oct. 04, 2021 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) announced today it has opened its Firefighter Grant Program's 2021 cycle, increasing the amount it will provide local fire departments to $175,000, up 18% from last year. Fire departments (professional or volunteer) that serve at least a portion of one of Cal Water's service areas are invited to apply for grants to offset costs associated with fire protection efforts, equipment, training, and education.
- 10/04/2021
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California Water's (CWT) Arm Upgrades Water Main in Bodfish
- California Water's (CWT) subsidiary completes the replacement work of a water main in Bodfish to improve the supply of water for its customers as well as firefighters.
- 10/04/2021
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California Water Service Group Launches New Employee Charitable Donation Matching Program
- Program Expands Impact of Employees' Support for Local Communities and Non-Profits Program Expands Impact of Employees' Support for Local Communities and Non-Profits
- 09/22/2021
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California Water (CWT) Provides Recycled Water to Tesoro Viejo
- California Water's (CWT) unit begins delivery of recycled water to Tesoro Viejo for landscaping and irrigation needs of its residents.
- 09/16/2021
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California Water Service: This Dividend King Remains Richly Valued
- CWT has raised its dividend for 54 consecutive years and hence it is a Dividend King. The company has proved resilient to the pandemic and is likely to continue raising its dividend for many more years.
- 09/16/2021
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California Water Service Begins Delivering Recycled Water for Tesoro Viejo Master Mutual Water Company and Community Needs
- SAN JOSE, Calif., Sept. 14, 2021 (GLOBE NEWSWIRE) -- As part of their mutual commitment to being responsible stewards of the environment and Earth's most precious natural resource, California Water Service (Cal Water) has begun providing recycled water for Tesoro Viejo Master Mutual Water Company's (Tesoro Viejo) customer and community needs.
- 09/14/2021
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Reasons to Add California Water (CWT) to Your Portfolio Now
- California Water Service (CWT) makes a strong case for investment, given its positive estimate revision, regular investments to strengthen operations and demand from the expanding customer base.
- 09/14/2021
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3 Water Utilities to Buy That Outperformed Industry YTD
- Nonstop services amid the pandemic and investments to retain infrastructure lead utilities like California Water (CWT), Middlesex Water (MSEX) and American States (AWR) to outperform the industry.
- 09/10/2021
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Here's Why California Water Service Group (CWT) is a Great Momentum Stock to Buy
- Does California Water Service Group (CWT) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 09/09/2021
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Best Dividend Kings For September 2021
- The 32 Dividend Kings are up 17.08% year to date through August. The 8 best dividend kings based on forecasted growth and valuation are up 5.49% since July 2021, more than double the average dividend king return.
- 09/09/2021
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California Water (CWT) Completes Water Main Replacement Project
- California Water Service (CWT) finishes water main replacement project to ensure 24X7 supply of reliable water services to its Woodside customers.
- 09/03/2021
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Cal Water Offers New Water-Saving Landscaping Programs
- Incentives Now Available for Garden Conversions and Drip Irrigation Incentives Now Available for Garden Conversions and Drip Irrigation
- 09/02/2021
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2021 Top Workplace Honor Marks Decade of Recognition for California Water Service Group by Bay Area News Group
- SAN JOSE, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) -- For the 10th consecutive year, the Bay Area News Group has named California Water Service Group (Group) (NYSE: CWT) one of the Top Workplaces in the Bay Area. This distinction was awarded based on input from local employees of Group's largest subsidiary, California Water Service (Cal Water).
- 08/31/2021
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California Water Service Announces Support for Setting Public Health Goals for “Forever Chemicals” in Drinking Water
- SAN JOSE, Calif., Aug. 23, 2021 (GLOBE NEWSWIRE) -- (NYSE: CWT)—Continuing its track record as an industry leader in providing a reliable supply of clean, safe, and affordable drinking water, California Water Service (Cal Water) today announced its support of state efforts to set public health goals for two of the most prominent “forever chemicals” found in drinking water.
- 08/23/2021
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4 Water Utility Stocks to Watch in a Flourishing Industry
- Water Utility companies like AWK, WTRG, CWT, and MSEX are poised to benefit from stable demand for water and wastewater services across the United States. Their systematic investments will enable them to serve customers efficiently.
- 08/19/2021
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California Water's (CWT) Investments, Rate Hikes Bode Well
- California Water's (CWT) extending customer base, strategic capital budgets and constant rate hikes are likely to strengthen its existing operations.
- 08/18/2021
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Fretting Over S&P 500's Worst Day in a Month? Here're 5 Safe Stocks
- Invest in safe bets like Middlesex Water (MSEX) & Albertsons (ACI) as the delta variant, dip in retail numbers, sluggish China's economy and tensions in Afghanistan threaten to impact the stock market.
- 08/18/2021
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California Water (CWT) Arm Gets Nod to Buy Assets at Millerton
- California Water Service's (CWT) unit gets a regulatory nod from the state's public utilities commission to acquire the water and wastewater systems at Millerton for serving the local community.
- 08/11/2021
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4 Ultra-Safe Stocks to Buy on Rising Delta Variant Concerns
- Invest in ultra-safe stocks like J & J Snack Foods (JJSF) & Middlesex Water (MSEX) as the continuous spread of the delta variant dampened enthusiasm surrounding economic recovery.
- 08/10/2021
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8 Best Dividend Kings Based On Expected Return - August 2021 Update
- The 32 dividend kings are up 16.11% year to date through July. One new Dividend King has been added to the list, PPG Industries.
- 08/10/2021
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California Water Service Receives Regulatory Approval to Acquire Preserve at Millerton Water, Wastewater Systems
- SAN JOSE, Calif., Aug. 09, 2021 (GLOBE NEWSWIRE) -- California Water Service, the largest subsidiary of California Water Service Group (Group) (NYSE: CWT), received approval late last week from the California Public Utilities Commission (CPUC) to acquire the water and wastewater systems serving the Preserve at Millerton and provide regulated water and wastewater service to its future customers.
- 08/09/2021
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California Water Service Group (CWT) CEO Marty Kropelnicki on Q2 2021 Results - Earnings Call Transcript
- California Water Service Group (CWT) CEO Marty Kropelnicki on Q2 2021 Results - Earnings Call Transcript
- 08/01/2021
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California Water (CWT) Earnings & Revenues Beat Mark in Q2
- California Water (CWT) posts better-than-expected results for the second quarter. Both the top and the bottom line also improve year over year.
- 07/29/2021
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California Water Service Group (CWT) Q2 Earnings and Revenues Top Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of 102.70% and 13.97%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2021
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California Water Service Group Announces Second Quarter 2021 Results
- SAN JOSE, Calif., July 29, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) ( “Company”) today announced net income of $38.2 million or $0.75 earnings per diluted common share for the second quarter of 2021, compared to a net income of $5.3 million or $0.11 earnings per diluted common share for the second quarter of 2020.
- 07/29/2021
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California Water Service Group Board of Directors Declares 306th Consecutive Quarterly Dividend
- SAN JOSE, Calif., July 28, 2021 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 306th consecutive quarterly dividend in the amount of $0.23 per common share. It will be payable on August 20, 2021, to stockholders of record on August 9, 2021.
- 07/28/2021
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California Water (CWT) Removes Water Tank, Adds Booster Pumps
- California Water Service (CWT) gets rid of its old elevated water tank as it fell short of the seismic standards. Therefore, a new water pressure system is introduced.
- 07/16/2021
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8 Best Dividend Kings Based On Expected Return
- The 31 dividend kings are up 13.99% year to date through June. The eight best dividend kings could grow at a rate of 15% per year over the next 5 years.
- 07/13/2021
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Cal Water Prepared for California's Drought Emergency and Ready to Meet Governor Newsom's Call for Statewide Water Conservation
- SAN JOSE, Calif., July 09, 2021 (GLOBE NEWSWIRE) -- Following yesterday's expansion of the emergency drought declaration in California by Governor Gavin Newsom, California Water Service (Cal Water) today reaffirmed its preparedness to respond to the drought emergency and its commitment to helping customers answer the governor's call for statewide water conservation.
- 07/09/2021
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Water utility stocks jump amid severe drought conditions
- CNBC's Kristina Partsinevelos reports on the severe drought affecting California and other states in the U.S.
- 07/09/2021
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California Water Service Group Schedules Second Quarter 2021 Earnings Results Announcement and Teleconference
- SAN JOSE, Calif., July 08, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its second quarter 2021 earnings results will be released at 9:00 a.m. ET with its teleconference to follow at 11:00 a.m. ET on Thursday, July 29, 2021.
- 07/08/2021
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California Water Service (CWT) Seeks Approval for System Upgrade
- California Water Service's (CWT) unit submits its 2022-2024 infrastructure improvement plans to the CPUC.
- 07/05/2021
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California Water Service Group Files Proposal to Invest $1.02 Billion in its California Water Systems Between 2022 and 2024; Proposes Innovative Rate Design in Response to Regulatory Changes
- SAN JOSE, Calif., July 02, 2021 (GLOBE NEWSWIRE) -- As part of its commitment to provide a reliable supply of safe, clean water and affordable service to the communities it serves, California Water Service (Cal Water)—the largest subsidiary of California Water Service Group (NYSE: CWT)—yesterday submitted its 2022-2024 infrastructure improvement plans for all of its California districts in its General Rate Case (GRC) filing with the California Public Utilities Commission (CPUC). The proposal also contains proposed new rate designs, which seek to balance revenue stability with reduced customer impacts, especially for low-income and water-saving customers. The CPUC will analyze the infrastructure improvement plans, operating budget proposals, and rate designs to establish water rates that reflect the actual cost of service, effective no earlier than January 2023.
- 07/02/2021
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California Water (CWT) Begins Water Main Work at Los Altos
- California Water (CWT) commences water main replacement work at central Los Altos to improve reliability of its services and ensure an uninterrupted supply of the same.
- 07/01/2021
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California Water (CWT) Wraps Up Work at Central Salinas
- California Water (CWT) concludes replacement work at central Salinas as part of its ongoing initiative to maintain water system infrastructure in the Salinas District.
- 06/30/2021
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Aging Water Infrastructure Warrants Funds: 3 Stocks in Focus
- Water utilities like American Water (AWK), Essential Utilities (WTRG), and California Water Services (CWT) are making steady investments to upgrade and maintain their aging infrastructure.
- 06/24/2021
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California Water (CWT) Begins Work at Rolling Hills' Water Main
- California Water (CWT) initiates replacement and upgrade of water mains at Rolling Hills to increase reliability of its services and ensure 24x7 water supply.
- 06/22/2021
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California Water Service Group Awards 12 Students $80,000 Total in College Scholarships for Upcoming Academic Year
- SAN JOSE, Calif., June 17, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) announced today the recipients of its 8th annual college scholarship program. In total, Group provided $80,000 in scholarships to 12 students living in its California, Hawaii, New Mexico, and Washington service areas for the 2021-2022 academic year.
- 06/17/2021
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California Water's (CWT) Investments, Rate Hikes Bode Well
- California Water's (CWT) extending customer base, strategic capital budgets and constant rate hikes are likely to strengthen its existing operations.
- 06/16/2021
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Cal Water Files Updated Water Shortage Contingency Plan, Expands Conservation Program to Support Customers Amid Current Drought
- SAN JOSE, Calif., June 15, 2021 (GLOBE NEWSWIRE) -- As part of its drought management and response plan, California Water Service (Cal Water) filed its updated Water Shortage Contingency Plan (Schedule 14.1) with the California Public Utilities Commission yesterday and announced an expanded conservation program to help customers reduce their water use.
- 06/15/2021
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California Water's (CWT) Arm to Acquire HOH Utilities' Assets
- California Water's (CWT) unit Hawaii Water Service inks deal to buy assets of HOH Utilities. This will widen its presence on the island of Kauai along with enhancing the reliability of its services.
- 06/14/2021
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Hawaii Water Service to Acquire HOH Utilities Company
- Acquisition Expands Utility's Footprint onto Island of Kauai Acquisition Expands Utility's Footprint onto Island of Kauai
- 06/11/2021
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Utilities And UTES Dashboard For May
- Utilities And UTES Dashboard For May
- 05/14/2021
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Munsey Elementary Fifth- and Sixth-Graders Win 2021 H2O Challenge
- Students Proved Greywater can be Used to Solve Water Conservation Problems for Winning Entry Students Proved Greywater can be Used to Solve Water Conservation Problems for Winning Entry
- 05/12/2021
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Cal Water Prepared for Drought in its Service Areas
- Twelve Districts Now Within Counties with State Drought Declarations Twelve Districts Now Within Counties with State Drought Declarations
- 05/11/2021
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California Water Service Group Creates Texas Water Service Subsidiary; Seeks to Capitalize on Growth Opportunities in Texas
- Texas Water Service Enters into Strategic Partnership with BVRT Utility Holding Company Texas Water Service Enters into Strategic Partnership with BVRT Utility Holding Company
- 05/04/2021
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Hawaii Water Service Completes Purchase of Kapalua Water Company and Kapalua Waste Treatment Company
- WAIKOLOA, Hawaii, May 03, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) subsidiary Hawaii Water Service (Hawaii Water) has completed the acquisition of Kapalua Water Company and Kapalua Waste Treatment Company from Maui Land & Pineapple Company (MLP). Hawaii Water will now begin providing water and wastewater service to ML&P's 1,000 customer connections in the Kapalua, Maui resort area.
- 05/03/2021
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California Water Service Group (CWT) CEO Martin Kropelnicki on Q1 2021 Results - Earnings Call Transcript
- California Water Service Group (CWT) CEO Martin Kropelnicki on Q1 2021 Results - Earnings Call Transcript
- 05/01/2021
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California Water Service Group Receives Silver Stevie® Award for COVID-19 Most Valuable Corporate Response
- SAN JOSE, Calif., April 30, 2021 (GLOBE NEWSWIRE) -- For its comprehensive efforts to support employees, customers, and the communities it serves throughout the coronavirus pandemic, California Water Service Group (Group) (NYSE: CWT) has been named a Silver Stevie® Award winner for the Most Valuable Corporate Response in the COVID-19 Response category.
- 04/30/2021
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California Water (CWT) Incurs Loss in Q1, Revenues Beat
- California Water (CWT) posts wider-than-expected loss for the first quarter. The top line, however, rises year over year along with surpassing estimates.
- 04/29/2021
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California Water Service Group (CWT) Reports Q1 Loss, Tops Revenue Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of -100.00% and 12.78%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 04/29/2021
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5 Big Winners as Fed Keeps Rates Near Zero
- With the Fed maintaining an easy monetary policy, rate-sensitive stocks like Middlesex Water (MSEX), MYR Group (MYRG), California Water Service (CWT), Newmont (NEM) & FrancoNevada (FNV) are likely to gain.
- 04/29/2021
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California Water Service Group Board of Directors Declares 305th Consecutive Quarterly Dividend
- SAN JOSE, Calif., April 28, 2021 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 305th consecutive quarterly dividend in the amount of $0.23 per common share. It will be payable on May 21, 2021, to stockholders of record on May 10, 2021.
- 04/28/2021
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California Water (CWT) Upgrades Water Mains in Bakersfield
- California Water (CWT) is replacing old water infrastructure with new ones in northeast Bakersfield to increase the reliability and safety of its services.
- 04/23/2021
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California Water Service Group Releases 2020 ESG Report
- SAN JOSE, Calif., April 15, 2021 (GLOBE NEWSWIRE) -- As part of its focus on environmental, social, and governance (ESG) performance, California Water Service Group (Group) (NYSE: CWT) today unveiled its 2020 ESG Report outlining its commitment and progress across its four subsidiaries in California, Hawaii, New Mexico, and Washington. The report is located online at www.calwatergroup.com/docs/esg/esg-report-2020.pdf .
- 04/15/2021
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3 Water Supply Stocks to Tap Amid Industry's Aging Infrastructure Woes
- 3 Water Supply Stocks to Tap Amid Industry's Aging Infrastructure Woes
- 04/15/2021
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California Water Service Group Announces Nomination of Dr. Yvonne A. Maldonado for Election to Board of Directors
- SAN JOSE, Calif., April 14, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) announced today the nomination of Dr. Yvonne (Bonnie) A. Maldonado, 65, as an independent director for election to the company's Board of Directors. The election will be held at Group's 2021 Annual Meeting on May 26, 2021.
- 04/14/2021
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Southern California Water Price Jumps 48% In 3 Weeks As Rainy Season Disappoints
- Rapidly rising water prices illustrate the tightening supply/demand situation in what is undoubtedly California's - and the world's - most important commodity.
- 04/09/2021
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California Water Service Group Schedules First Quarter 2021 Earnings Results Announcement and Teleconference
- SAN JOSE, Calif., April 08, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its first quarter 2021 earnings results will be released at 9:00 a.m. ET with its teleconference to follow at 11:00 a.m. ET on Thursday, April 29, 2021.
- 04/08/2021
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California Water (CWT) Strong on Investments & Customer Base
- California Water's (CWT) improving customer base, strategic investments and constant rate hikes are likely to boost its existing operations.
- 04/06/2021
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California Water's (CWT) Arm to Maintain Stroh's Water System
- California Water's (CWT) unit snaps up a deal with Stroh's Water to operate and maintain its water systems for a tenure of two years. This deal will ensure high quality services for target customers.
- 04/05/2021
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California Water Service Is A High-Quality Dividend King But Wait For A Correction
- CWT has raised its dividend for 53 consecutive years and thus it is a Dividend King. The company has proved extremely resilient to the pandemic, as it posted record earnings in 2020.
- 04/05/2021
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Washington Water Service Enters Contract to Operate Stroh's Water System
- Agreement Includes Option for Purchase Agreement Includes Option for Purchase
- 03/31/2021
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Watch These 21 Stocks to Benefit From the Infrastructure Bill
- Looking for stocks to benefit from the infrastructure bill? Make sure you consider EV stocks, wastewater stocks and even this top REIT.
- 03/31/2021
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California Water Service (CWT) Sees Hammer Chart Pattern: Time to Buy?
- California Water Service (CWT) has been struggling lately, but the selling pressure may be coming to an end soon
- 03/23/2021
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5 Stocks to Gain as Fed Sees Near-Zero Rates Through 2023
- With the Fed keeping rates near zero despite improving economy and mounting inflation concerns, utility players like Atmos Energy (ATO) & gold producers like Newmont (NEM) are poised to gain.
- 03/18/2021
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California Water (CWT) to Buy Skylonda Mutual Water's Assets
- The subsidiary of California Water (CWT), California Water Service, signs a contract to buy the assets of Skylonda Mutual Water Company, which borders the unit's customer connections in Bear Gulch District.
- 03/16/2021
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California Water Service Signs Agreement to Acquire Skylonda Mutual Water Company
- SAN JOSE, Calif., March 15, 2021 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), has entered into an agreement to acquire the water system assets of Skylonda Mutual Water Company, which serves 176 customer connections adjacent to Cal Water's Bear Gulch District. The purchase is subject to customary closing conditions, including the approval of the California Public Utilities Commission, and the transaction is expected to close in 2022.
- 03/15/2021
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California Water's (CWT) Unit Gets Nod to Buy Water Assets
- California Water's (CWT) arm Hawaii Water gets an approval from The Hawaii Public Utilities Commission to purchase Maui Land and Pineapple Company's assets, which in turn, will widen its base in Hawaii.
- 03/12/2021
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Hawaii Water Service Receives Hawaii Public Utilities Commission Approval to Acquire Kapalua Water, Waste Treatment Companies
- WAIKOLOA, Hawaii, March 11, 2021 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (Group) (NYSE: CWT), received approval from the Hawaii Public Utilities Commission (Commission) this week to acquire the assets of Kapalua Water Company and Kapalua Waste Treatment Company from Maui Land and Pineapple Company (ML&P).
- 03/11/2021
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California Water Service Group (CWT) CEO Martin Kropelnicki on Q4 2020 Results - Earnings Call Transcript
- California Water Service Group (CWT) CEO Martin Kropelnicki on Q4 2020 Results - Earnings Call Transcript
- 02/27/2021
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California Water (CWT) Q4 Earnings Lag, Revenues Beat Mark
- California Water's (CWT) fourth-quarter earnings miss the mark while revenues top the same. The bottom line, however, rises year over year as the top line.
- 02/25/2021
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California Water Service Group (CWT) Misses Q4 Earnings Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of -11.43% and 2.80%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/25/2021
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IDU: Utilities Dashboard For February
- IDU: Utilities Dashboard For February
- 02/15/2021
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California Water Service Group Schedules Fourth Quarter and Year-End 2020 Earnings Results Announcement and Teleconference
- SAN JOSE, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its fourth quarter and year-end 2020 earnings results will be released at 9:00 a.m. ET with its teleconference to follow at 11:00 a.m. ET on Thursday, February 25, 2021.
- 02/08/2021
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California Water Service Group Launches 2021 College Scholarship Program Cycle
- Students in All Group Service Areas Encouraged to Apply for Eighth Annual Program Students in All Group Service Areas Encouraged to Apply for Eighth Annual Program
- 02/02/2021
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California Water (CWT) Ups Dividend, Adds Shareholder Value
- Backed by a strong operational efficiency, California Water Service (CWT) raises 8.2% of its annual dividend, totaling the payout to 92 cents per share.
- 02/01/2021
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Dividend Champions For February 2021
- Monthly update of the Dividend Champions List. 77 companies declared higher dividends in the past month, with an average increase of 7.87% over their previous payouts. Two new Champions, nine new Contenders, and seven new Challengers.
- 02/01/2021
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California Water Service Group Board of Directors Declares 304th Consecutive Quarterly Dividend and 54th Consecutive Annual Dividend Increase
- SAN JOSE, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 304th consecutive quarterly dividend, increasing the annual dividend by $0.07, or 8.2%, from $0.85 to $0.92. This represents the company's 54th consecutive annual dividend increase. The quarterly dividend of $0.23 per common share will be payable on February 19, 2021 to stockholders of record on February 8, 2021.
- 01/27/2021
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FUTY: Utilities Dashboard For January
- A dashboard with industry metrics in utilities. Value and quality scores, and their evolution since last month.
- 01/27/2021
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California Water Service Group Provides More Than $1.7 Million in Community Support During Unprecedented Year
- SAN JOSE, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) and its subsidiaries donated more than $1.7 million to community organizations and customers in 2020, exceeding 2019 contributions by an estimated $500,000. The increase was due to elevated community need, as many of the utility's service areas were impacted economically by the pandemic.
- 01/25/2021
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California Water Service Launches, Expands Seventh Annual H2O Challenge Classroom Competition
- K-12 Students and Teachers Encouraged to Engage in Water Conservation Projects K-12 Students and Teachers Encouraged to Engage in Water Conservation Projects
- 01/13/2021
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Combat the Choppy Market With These 5 Low-Beta Stocks
- To combat market volatility, create a portfolio of low-beta stocks.
- 12/28/2020
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The Best Water Stocks of 2020 -- Are Any Buys for 2021?
- Here's how the 10 largest dividend-paying water utility stocks stack up.
- 12/23/2020
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California Water Service, San Jose State University Receive Joint American Water Works Association Division Best Paper Award
- SAN JOSE, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) -- The American Water Works Association (AWWA) has honored California Water Service (Cal Water) and San Jose State University representatives with the Division Best Paper award in the Distribution and Plant Operations category for 2020. The award, virtually presented during AWWA's annual national conference, recognizes authors of papers from each AWWA Technical and Education Division published in AWWA Water Science that year.
- 12/21/2020
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Growing Risks For Regulated Water Utility Investors
- Growing Risks For Regulated Water Utility Investors
- 12/21/2020
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Moving Average Crossover Alert: California Water Service (CWT)
- California Water Service Group (CWT) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
- 12/18/2020
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Hawaii Water Service Enters Into Agreement With KCSI to Acquire Keauhou Wastewater System on Big Island
- WAIKOLOA, Hawaii, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (Group) (NYSE: CWT), has entered into an agreement with Keauhou Community Services, Inc. (KCSI) to acquire its wastewater system assets and provide wastewater utility service to its customers in Keauhou on the island of Hawaii. The purchase is subject to due diligence and approval by the Hawaii Public Utilities Commission.
- 12/08/2020
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California Water Service Group Promotes Michael Luu to Vice President, Information Technology & Chief Risk Officer
- SAN JOSE, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced the promotion of Michael B. Luu to Vice President, Information Technology and Chief Risk Officer, effective January 1, 2021. In this role, Luu will oversee the information technology, cyber security, safety, security, and emergency preparedness functions within Group and its subsidiaries.
- 12/07/2020
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California Public Utilities Commission Issues Decision on Cal Water's 2018 General Rate Case
- SAN JOSE, Calif., Dec. 04, 2020 (GLOBE NEWSWIRE) -- The California Public Utilities Commission (CPUC) issued its decision yesterday on the 2018 General Rate Case and Infrastructure Improvement Plan for California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT). The decision marks the end of an extensive review of the utility's water system improvement plans, costs, and rates.
- 12/04/2020
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4 Reasons to Add California Water (CWT) to Your Portfolio Now
- California Water Service (CWT) makes a strong case for investment, courtesy of increasing estimates, steady capital expenditure and expansion of operations through acquisitions.
- 11/27/2020
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California Water Service: An Overvalued Dividend King
- California Water Service Group is a Dividend King with 53 years of consecutive annual dividend growth. The company operates in a regulated industry and grows organically and through acquisitions.
- 11/25/2020
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California Water Service Group (CWT) CEO Martin Kropelnicki on Q3 2020 Results - Earnings Call Transcript
- California Water Service Group (CWT) CEO Martin Kropelnicki on Q3 2020 Results - Earnings Call Transcript
- 11/06/2020
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California Water Service Group (CWT) Surpasses Q3 Earnings and Revenue Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of 70.18% and 12.22%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
- 11/06/2020
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California Water Service Group Announces Third Quarter 2020 Results
- SAN JOSE, Calif., Nov. 06, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (the “Company”) today announced net income of $96.4 million or $1.94 earnings per diluted common share for the third quarter of 2020, compared to a net income of $42.4 million or $0.88 earnings per diluted common share for the third quarter of 2019.
- 11/06/2020
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Hawaii Water Service Completes Purchase of Kalaeloa Water Company
- WAIKOLOA, Hawaii, Nov. 03, 2020 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (Group) (NYSE: CWT), yesterday completed the acquisition of Kalaeloa Water Company, LLC from the Hunt Companies Inc. and will now begin providing water and wastewater service to its customers.
- 11/03/2020
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California Water Service Signs Agreement to Acquire Gunner Ranch West Wastewater System
- SAN JOSE, Calif., Oct. 29, 2020 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT), today announced that it has entered into an agreement to acquire the wastewater system assets of Gunner Ranch Inc., which currently serves a large section of southern Madera County including Valley Children's Hospital. At buildout, the new Gunner Ranch West wastewater system will also serve a new development area including a planned 2,840 residential units, along with 2 million square feet of commercial and other medical facilities. The purchase is subject to customary closing conditions, and the transaction is expected to close by early 2021.
- 10/29/2020
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California Water Service Group Board of Directors Declares 303rd Consecutive Quarterly Dividend
- SAN JOSE, Calif., Oct. 28, 2020 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 303rd consecutive quarterly dividend in the amount of $0.2125 per common share. It will be payable on November 20, 2020 to stockholders of record on November 9, 2020.
- 10/28/2020
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California Water Service Group Honored as Silver Stevie® Award Winner for COVID-19 Employer Response
- SAN JOSE, Calif., Aug. 18, 2020 (GLOBE NEWSWIRE) -- For its comprehensive efforts to keep employees safe and informed through the coronavirus pandemic, California Water Service Group (Group) (NYSE: CWT) has been named the winner of a Silver Stevie® Award in the fifth annual Stevie Awards for Great Employers’ Most Valuable Employer for COVID-19 Response category. The Stevie Awards for Great Employers recognize the world’s best employers. More than 700 nominations were submitted in 2020 for consideration in Human Resources-related categories, and this year, the organization added categories specific to coronavirus response efforts.The utility earned this distinction for going above and beyond steps such as providing personal protective equipment, increasing cleanings, and offering additional time off that were expected of employers. Through its Emergency Operations Center and in collaboration with its unions, Group provided centralized support to the essential workers in its 22 California districts and regions in Hawaii, New Mexico, and Washington, with measures such as: * Closing Customer Center lobbies to the public even before quarantine measures began * Hosting daily Zoom check-ins for EOC team members and leaders of each department, district, and region; along with weekly calls with President and CEO Marty Kropelnicki and outside experts for all employees * Supporting employees’ mental and emotional wellness through customized employee “Context and Calm” presentations; “Upside,” a weekly newsletter of things team members experienced to lift each other’s spirits; its confidential, peer-to-peer Critical Incident Response Management team; and its professional phone counseling service * Cross-training employees to learn different job functions and enhance their expertise, while supporting business continuity * Securing industrial-sized toilet paper for each employee, as store shelves were empty * Telling employees’ stories publicly to support all of their work to keep customers’ water safe and uninterrupted and to assist their communities“The coronavirus pandemic reminded us of our shared humanity. We aren’t a ‘pipe’ company; we are a ‘people’ company," Kropelnicki said. "We appreciate the Stevie Awards for recognizing the efforts we took to keep our essential workers safe and informed, so we could keep tap water flowing to our customers and continue providing quality, service, and value to our communities during this unprecedented time."About California Water Service Group California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, CWS Utility Services, and HWS Utility Services. Together, these companies provide regulated and non-regulated water service to more than 2 million people in California, Washington, New Mexico, and Hawaii. California Water Service Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.” Additional information is available online at www.calwatergroup.com.Media Contact Yvonne Kingman ykingman@calwater.com 310-257-1434
- 08/18/2020
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California Water Service Prepared for Power Outages
- Water Conservation by Customers Also Eases Strain on Electrical GridSAN JOSE, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) -- As much of the state is enduring rolling power outages to ease demand on the electrical grid, California Water Service (Cal Water) is reassuring its customers that it is taking all possible steps to prevent any interruptions in water service due to the power outages. The utility has been installing permanent generators at critical stations over recent years and has positioned additional, portable backup generators at key stations to keep water flowing if power is interrupted. Cal Water is also monitoring local water system levels and has activated its Emergency Operations Center to help mobilize extra personnel needed to support any district.Because delivering water requires a significant amount of electricity, Cal Water is also urging customers to conserve water during this time to lower demand on the electrical grid. Cal Water will continue to reach out directly to customers in affected areas of any important water system updates related to the power outages.“Water systems rely on power to deliver water to our customers; however, we are doing everything we can to prevent any temporary water service interruptions caused by power outages,” said Marty Kropelnicki, President and CEO. “And, by working together and reducing our water use, we can all help ease the strain on the electrical grid and reduce the impact to our communities.”California Water Service serves approximately 2 million people through 489,600 customer connections in California. The utility has provided water service in the state since 1926. For more information, visit www.calwater.com.Contact: Yvonne Kingman, 310-257-1434
- 08/17/2020
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Dividend Champion And Contender Highlights: Week Of August 16
- A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends.
- 08/15/2020
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California Water Service Group's Low Volatility Returns Cannot Compensate A Potential Valuation Compression Risk
- California Water Service has been delivering low volatility, with stable growth amid a recession-proof business model.
- 08/13/2020
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Strs Ohio Has $305,000 Stock Holdings in California Water Service Group (NYSE:CWT)
- Strs Ohio boosted its holdings in shares of California Water Service Group (NYSE:CWT) by 8.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 6,400 shares of the utilities provider’s stock after buying an additional 500 shares during the period. Strs Ohio’s holdings in California Water Service Group were worth $305,000 as of […]
- 08/11/2020
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California Water Service Group Awards $80,000 in College Scholarships to Students
- SAN JOSE, Calif., Aug. 06, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced awards totaling $80,000 in college scholarships for students living in the utility's California, Hawaii, New Mexico, and Washington service areas for the 2020-2021 academic year. Group selected 12 students for the upcoming academic year; winners were chosen based on outstanding academic achievement, community service, and financial need. Many of the recipients are first-generation college attendees. Four grand-prize recipients were awarded $10,000 scholarships: * AiYi Chen, of Stockton, Calif., attends San Jose State University and is studying business administration and accounting. * Natalya Chun, from San Mateo, Calif., will attend New York University and will study global and liberal studies. * Alejandro Gaytan, of Bakersfield, Calif., will attend Harvard University and will study cognitive science. * Maeve Lawson, from Chico, Calif., attends University of California, Berkeley and is studying political economy and political science.Eight additional winners received $5,000 each: * WeiHuan Chen, from Stockton, Calif., attends Stanford University and is studying biology and computer science. * Phoebe Henige, of San Carlos, Calif., will attend California Polytechnic State University, San Luis Obispo and will study nutrition. * Jose Ivanez, from Bakersfield, Calif., will attend California Polytechnic State University, San Luis Obispo and will study electrical engineering. * Megan Kavanaugh, of Rancho Palos Verdes, Calif., attends George Washington University and is studying business administration. * Jacob Liu, from Chico, Calif., will attend University of California, Irvine and will study biological sciences. * Mikiala Maynard, from Kahului, Hawaii, is attending University of Hawaii at Manoa and is studying nursing. * Tayler Silva, of Belen, N.M., attends University of New Mexico and is studying psychology. * Alec Stauffer, from Bainbridge Island, Wash., will attend the University of Wyoming and will study kinesiology and psychology."As our customers continue to be devastated by the pandemic, it may be more challenging than ever before for young people to pursue their dreams of higher education. Revamping and increasing our scholarship program to provide more impactful awards is one way during the current health crisis that we are able to better support our local families," said Martin A. Kropelnicki, President and Chief Executive Officer. "We are impressed by the outstanding work and scholastic ability of these students, look forward to seeing the great things they do for their communities in the future."The next scholarship cycle will open in the spring of 2021 for students entering or continuing higher education in the fall of 2021. To be eligible for a scholarship, students must live in one of Group’s service areas and plan to enroll in a full-time, undergraduate study program at an accredited two- or four-year college, university, or vocational-technical school for the upcoming academic year. To learn more about the program, please visit the scholarship information webpage at California Water Service, Hawaii Water Service, New Mexico Water Service, or Washington Water Service.The college scholarship program is administered by Scholarship Management Services, a 501(c)(3) non-profit organization. Scholarships are funded by California Water Service Group’s stockholders, not ratepayers, as part of Group’s philanthropic giving program. To date, Group has awarded $440,000 in scholarships to students through the program.About California Water Service Group California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, CWS Utility Services, and HWS Utility Services. Together, these companies provide regulated and non-regulated water service to more than 2 million people in California, Washington, New Mexico, and Hawaii. California Water Service Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.” Additional information is available online at www.calwatergroup.com.Media Contact Yvonne Kingman ykingman@calwater.com 310-257-1434
- 08/06/2020
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Dividend Champion And Contender Highlights: Week Of August 2
- A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends.
- 08/01/2020
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California Water Service Group (CWT) Q2 2020 Earnings Call Transcript
- CWT earnings call for the period ending June 30, 2020.
- 07/30/2020
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California Water Service Group (NYSE:CWT) P/E Isn't Throwing Up Surprises
- When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may...
- 07/30/2020
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California Water Service Group (CWT) Q2 Earnings and Revenues Miss Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of -80.36% and -14.40%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/30/2020
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California Water Service Group Announces Second Quarter 2020 Results
- SAN JOSE, Calif., July 30, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (the “Company”) today announced net income of $5.3 million or $0.11 earnings per diluted common share for the second quarter of 2020, compared to a net income of $17.0 million or $0.35 earnings per diluted common share for the second quarter of 2019.The $11.7 million decrease in net income was primarily due to lack of resolution of the California General Rate Case (“GRC”), which meant that no revenue was recorded in the second quarter from general rate relief and previously approved regulatory mechanisms. Other impacts to the quarterly results included water production cost increases of $6.5 million, of which $5.7 million would have been offset by regulatory mechanisms requested in the GRC, administrative and general expense increases of $1.5 million, which would have been subject to $3.3 million of benefit costs offsets pursuant to regulatory mechanisms requested in the GRC, and depreciation expense increase of $2.2 million.If during the second quarter, the California Public Utilities Commission (the “CPUC”) had approved the settlement agreement and the positions proposed by California Water Service Company (“Cal Water”), the Company’s California operating subsidiary, on October 8, 2019, the Company estimates it would have added operating revenue of $29.1 million, subject to income taxes of 19.3%, and it would have had a $2.3 million decrease in income tax expense for Tax Cuts and Jobs Act income tax refunds.In addition, a $3.0 million increase in unrealized gain on certain benefit plan investments partially offset the decrease to net income.The CPUC granted Cal Water’s request to continue charging existing rates beginning January 1, 2020 as interim rates, and is allowing Cal Water to track the difference between interim rates and rates that are eventually approved. The Company expects that the difference in interim and approved rates will be collected through customer surcharges over 12 months. The CPUC has the authority to adopt the settlement agreement or render a different decision. Had the CPUC approved the Cal Water proposal during the second quarter, the Company estimates proposed new rates would have added the following to the Company’s second quarter results: $10.9 million of revenue for delayed service charge and quantity rate increases, and $18.2 million of revenue from disputed regulatory mechanisms which will be recognized if approved in the period in which such approval occurs.The Company has evaluated and will continue to evaluate and monitor risk factors associated with COVID-19, such as: financial condition and operating results, access to financial capital resources, current and future ratemaking, and customer billing and collections. The Company has taken a positon to delay certain rate increases associated with the Water Revenue Adjustment Mechanism (“WRAM”) and has requested authorization that any rate increases resulting from the eventual GRC decision be delayed to 2021. Additionally, the Company continues to evaluate customer billing and anticipated collections in light of the COVID-19 pandemic, associated economic impacts, and regulatory orders restricting collection activities. Due to an expected decrease in customer collections, the Company has increased its estimate for future credit losses.According to President and Chief Executive Officer Martin A. Kropelnicki, a primary focus for the Company in recent weeks has been advocating for a favorable outcome on a proposal being considered by the CPUC that would eliminate the WRAM, which decouples water sales from revenues.“Clearly, the delay in our California GRC significantly impacted our financial results in the first half of this year. While we continue to await that decision, we are working with other interested parties to support decoupling water sales from revenue. The CPUC’s current proposal would damage the state’s policy goals for water use efficiency based on an incomplete and insufficient analysis. A full and fair examination of the proposal would show that eliminating decoupling would reduce conservation and increase water rates for low-income customers, so it is critical for us to raise awareness on the issue,” Kropelnicki said.In addition to advocating for decoupling, which has been used for decades to promote efficiency in the electric and natural gas industries, the Company remained focused on completing critical infrastructure improvements, integrating the newly acquired water systems in the State of Washington, and responding to the coronavirus pandemic.“It has certainly been a challenging time, but I’m proud of the progress we’ve made on improving our water systems and integrating our new Washington systems. But above all, we’ve made it a priority to do everything we possibly can to keep our employees healthy and take care of our customers during this unprecedented health crisis,” he said.Additional Financial Results for the Second Quarter of 2020Total revenue decreased $3.5 million to $175.5 million in the second quarter of 2020 compared to $179.0 million in the second quarter of 2019. The decrease in revenue was mostly due to a delay in the California GRC decision, which precluded the Company from recording up to $29.1 million of additional revenue in the second quarter of 2020.Total operating expenses increased $11.0 million, or 7.2%, to $163.0 million in the second quarter of 2020 compared to $152.0 million in the second quarter of 2019.Water production expenses increased $6.5 million, or 10.1%, to $71.1 million in the second quarter of 2020 compared to $64.6 million in the second quarter of 2019, primarily due to a 2.0% increase in customer consumption, changes in wholesale water mix, and purchased water wholesaler rate increases. The delayed GRC decision prevented the use of California’s Modified Cost Balancing Account (“MCBA”) decoupling mechanism to offset water production costs of $5.7 million with revenue equal to the increase in California water production costs relative to adopted water production costs.Administrative and general and other operations expenses increased $4.9 million to $52.8 million in the second quarter of 2020, due to a $2.7 million cost increase associated with the recording of previously deferred WRAM revenue, a $2.1 million increase in employee pension benefit costs, a $1.5 million increase in uninsured loss costs, a $0.7 million increase in outside service costs, and a $0.5 million increase in bad debt expense which were partially offset by decreases of $1.1 million in water conservation program costs and $0.9 million in workers compensation costs. Maintenance expenses increased $1.0 million, or 18.1%, to $6.7 million in the second quarter of 2020, due to increased costs for repairs of services and mains.Income taxes decreased $3.7 million due to a decrease in pre-tax income from operations. The Company’s estimated combined effective income tax rate for 2020 is 19.3 percent.Depreciation and amortization expense increased $2.2 million, to $24.5 million, in the second quarter of 2020, as compared to $22.3 million in the second quarter of 2019, due to an increase in utility plant investment in 2019.Other income and expense, net of income tax benefits, increased $2.0 million in 2020, mostly due to a $3.0 million increase in unrealized gain on certain benefit plan investments partially offset by a $0.9 million decrease in non-regulated revenue.Year-to-Date ResultsFor the six-month period ended June 30, 2020, the Company had a net loss of $15.0 million, or $0.31 loss per diluted common share, compared to net income of $9.4 million, or $0.19 earnings per diluted common share, for the six-month period ended June 30, 2019.The $24.4 million decrease in net income was primarily due to lack of resolution of the California GRC, which meant that no revenue was recorded in the six month period from general rate relief and previously approved regulatory mechanisms. Other impacts to the year-to-date results included water production cost increases of $14.9 million, of which $10.7 million would have been offset by regulatory mechanisms requested in the GRC, administrative and general expense increase of $2.1 million, which would have been subject to $6.3 million of benefit costs offsets pursuant to regulatory mechanisms requested in the GRC, and $4.3 million of depreciation expense.If during the six month period ended June 30, 2020, the CPUC had approved the settlement agreement and the positions proposed by Cal Water on October 8, 2019, the Company estimates it would have added operating revenue of $45.8 million, subject to income taxes of 19.3%, and it would have had a $4.1 million decrease in income tax expense for Tax Cuts and Jobs Act income tax refunds.Additionally, a $4.0 million unrealized loss on certain benefit plan investments during the six-month period ended June 30, 2020 decreased net income.Water System ImprovementsCompany-funded and developer-funded capital investments during the first six months of 2020 were $133.5 million, an increase of $11.6 million, or 9.5 %, compared to $121.9 million during the first six months of 2019. We increased borrowings on our lines of credit at the end of the first quarter to allow flexibility in how the Company finances capital investments and operations in connection with economic uncertainty and financial market volatility caused by the COVID-19 pandemic.Liquidity OutlookOur liquidity remains strong, we maintained $114.0 million of cash as of June 30, 2020 and have additional borrowing capacity of more than $170.0 million, subject to meeting the borrowing conditions on the Company’s lines of credit facilities. We will continue our 2020 infrastructure improvement program, estimated between $260.0 to $290.0 million.
- 07/30/2020
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California Water Service Group Board of Directors Declares 302nd Consecutive Quarterly Dividend
- SAN JOSE, Calif., July 29, 2020 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 302nd consecutive quarterly dividend in the amount of $0.2125 per common share. It will be payable on August 21, 2020, to stockholders of record on August 10, 2020. California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, Inc., CWS Utility Services, and HWS Utility Services. Together, these companies provide regulated and non-regulated water service to approximately 2 million people in more than 100 California, Washington, New Mexico, and Hawaii communities. California Water Service Group’s common stock trades on the New York Stock Exchange under the symbol “CWT.” Additional information is available at our web site at www.calwatergroup.com. This news release contains forward-looking statements within the meaning established by the Private Securities Litigation Reform Act of 1995 ("Act"). The forward-looking statements are intended to qualify under provisions of the federal securities laws for "safe harbor" treatment established by the Act. Forward-looking statements are based on currently available information, expectations, estimates, assumptions and projections, and management's judgment about the Company, the water utility industry and general economic conditions. Such words as would, expects, intends, plans, believes, estimates, assumes, anticipates, projects, predicts, forecasts or variations of such words or similar expressions are intended to identify forward-looking statements. The forward-looking statements are not guarantees of future performance. They are subject to uncertainty and changes in circumstances. Actual results may vary materially from what is contained in a forward-looking statement. Factors that may cause a result different than expected or anticipated include, but are not limited to: governmental and regulatory commissions' decisions; natural disasters or calamities, epidemics, pandemics or disease outbreaks (including COVID-19) or any escalation or worsening of, or economic effects of, the foregoing; consequences of eminent domain actions relating to our water systems; changes in regulatory commissions' policies and procedures; the outcome and timeliness of regulatory commissions' actions concerning rate relief and other matters, including with respect to the GRC; inability to renew leases to operate city water systems on beneficial terms; changes in California State Water Resources Control Board water quality standards; changes in environmental compliance and water quality requirements; electric power interruptions; changes in customer water use patterns and the effects of conservation; our ability to complete, successfully integrate and achieve anticipated benefits from announced acquisitions; the impact of weather and climate on water availability, water sales and operating results; civil disturbances or terrorist threats or acts, or apprehension about the possible future occurrences of acts of this type; labor relations matters as we negotiate with the unions; restrictive covenants in or changes to the credit ratings on our current or future debt that could increase our financing costs or affect our ability to borrow, make payments on debt or pay dividends; and, other risks and unforeseen events. When considering forward-looking statements, you should keep in mind the cautionary statements included in this paragraph, as well as the annual 10-K, Quarterly 10-Q, and other reports filed from time-to-time with the Securities and Exchange Commission (SEC). The Company assumes no obligation to provide public updates of forward-looking statements.Contact Tom Smegal (408) 367-8200 (analysts) Shannon Dean (408) 367-8243 (media)
- 07/29/2020
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California Water Service Group (CWT) Reports Next Week: Wall Street Expects Earnings Growth
- California Water Service Group (CWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/23/2020
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American Tower Corp. - The Top Pick In ESG Infrastructure Investing
- We conducted an in-depth study on the infrastructure sector with an ESG lens concluding that our number one pick is American Tower Corp.
- 07/16/2020
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California Water Service Group (NYSE:CWT) Rating Lowered to Neutral at Boenning Scattergood
- California Water Service Group (NYSE:CWT) was downgraded by analysts at Boenning Scattergood from an “outperform” rating to a “neutral” rating in a research report issued on Monday, The Fly reports. CWT has been the subject of several other reports. TheStreet cut California Water Service Group from a “b-” rating to a “c” rating in a […]
- 07/13/2020
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California Water Service Group Schedules Second Quarter 2020 Earnings Results Announcement and Teleconference
- SAN JOSE, Calif., July 09, 2020 -- California Water Service Group (NYSE: CWT) today announced that its second quarter 2020 earnings results will be released at 9:00 a.m. ET.
- 07/09/2020
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HighTower Advisors LLC Has $286,000 Position in California Water Service Group (NYSE:CWT)
- HighTower Advisors LLC boosted its holdings in California Water Service Group (NYSE:CWT) by 9.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,674 shares of the utilities provider’s stock after acquiring an additional 505 shares during the quarter. HighTower […]
- 07/08/2020
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AWR or CWT: Which Water Utility is in Focus This Summer?
- At present, American States Water (AWR) appears to be a better water utility than California Water Services (CWT).
- 07/07/2020
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Primoris Services Corporation Appoints Two New Members to Its Board of Directors
- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced that its Board of Directors has appointed Patti Wagner and Terry McCallister as new directors, effective July 1, 2020. With the addition of Ms. Wagner and Mr. McCallister, the Board will consist of ten members, of whom eight meet the Nasdaq guidelines as independent directors. The Board has not yet appointed Ms. Wagner or Mr. McCallister to any specific committees.
- 07/07/2020
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California Water Service Group (NYSE:CWT) Shares Sold by Squarepoint Ops LLC
- Squarepoint Ops LLC decreased its position in shares of California Water Service Group (NYSE:CWT) by 21.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 10,900 shares of the utilities provider’s stock after selling 2,905 shares during the quarter. Squarepoint Ops LLC’s holdings in California Water Service Group were worth $548,000 as of its […]
- 07/01/2020
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Hedge Funds Are Dumping California Water Service Group (CWT)
- We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]
- 06/26/2020
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Top Stocks To Buy As Nasdaq Breaks Intraday Record
- After a tumultuous morning that, unsurprisingly, was due to the news, the Dow and Nasdaq are both showing a strong performance. If you want to get through the noise and just buy quality companies, our deep learning algorithms have used AI to identify several Top Buys today.
- 06/23/2020
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California Water Service Group (NYSE:CWT) Shares Sold by Deutsche Bank AG
- Deutsche Bank AG cut its stake in California Water Service Group (NYSE:CWT) by 1.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 247,483 shares of the utilities provider’s stock after selling 2,709 shares during the period. Deutsche Bank AG owned 0.51% […]
- 06/17/2020
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What Can We Learn From California Water Service Group’s (NYSE:CWT) Investment Returns?
- Today we are going to look at California Water Service Group (NYSE:CWT) to see whether it might be an attractive...
- 06/15/2020
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Van ECK Associates Corp Trims Stock Holdings in California Water Service Group (NYSE:CWT)
- Van ECK Associates Corp lowered its position in California Water Service Group (NYSE:CWT) by 9.9% in the first quarter, Holdings Channel.com reports. The institutional investor owned 3,570 shares of the utilities provider’s stock after selling 394 shares during the period. Van ECK Associates Corp’s holdings in California Water Service Group were worth $180,000 as of […]
- 06/10/2020
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Citigroup Inc. Buys 126 Shares of Texas Pacific Land Trust (NYSE:TPL)
- Citigroup Inc. raised its stake in Texas Pacific Land Trust (NYSE:TPL) by 7.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,817 shares of the financial services provider’s stock after buying an additional 126 shares during the quarter. Citigroup Inc.’s holdings in […]
- 06/10/2020
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California Water Service Group (NYSE:CWT) Receives Consensus Rating of “Hold” from Brokerages
- California Water Service Group (NYSE:CWT) has received a consensus rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among analysts that […]
- 06/10/2020
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Russell Investments Group Ltd. Grows Stock Position in California Water Service Group (NYSE:CWT)
- Russell Investments Group Ltd. increased its holdings in California Water Service Group (NYSE:CWT) by 194.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,778 shares of the utilities provider’s stock after buying an additional 5,800 shares during the quarter. Russell Investments […]
- 06/10/2020
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Texas Pacific Land Trust (NYSE:TPL) Receives Consensus Rating of “Strong Buy” from Brokerages
- Texas Pacific Land Trust (NYSE:TPL) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating. Brokers have set a 1 year consensus price objective of $751.00 for the company and […]
- 06/10/2020
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Washington Water Service Completes Purchase of Rainier View Water Company
- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (Group) (CWT), today announced it has completed the acquisition of Rainier View Water Company’s (Rainier View Water) water system assets, with approval from the Washington Utilities and Transportation Commission. Washington Water is now providing water utility service to Rainier View Water’s 18,500 service connections.
- 06/04/2020
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2020 Dividend Kings List | See All 28 Now | 50+ Years Of Rising Dividends
- See all 28 Dividend Kings, stocks with 50+ years of dividend growth - analyzed in detail, and download a spreadsheet of all Dividend Kings. Updated daily.
- 06/04/2020
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The 2020 Dividend Kings List + My Top 5 Kings
- Dividend Kings are companies that have had 50 consecutive years with a dividend increase. Do not confuse this with 50 years of consecutive payments. You will no
- 06/01/2020
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Edited Transcript of CWT earnings conference call or presentation 30-Apr-20 3:00pm GMT
- Q1 2020 California Water Service Group Earnings Call
- 05/21/2020
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Benzinga's Top Upgrades, Downgrades For May 20, 2020
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Seaport Global Initiates Coverage On California Water Service with Neutral Rating
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Edited Transcript of CWT earnings conference call or presentation 30-Apr-20 3:00pm GMT
- Q1 2020 California Water Service Group Earnings Call
- 05/18/2020
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California Water: Wait Before You Buy
- CWT has a bearish outlook for the next three to six months. Q1 net loss may not be permanent. A legislative decision as well as an acquisition point to a potent
- 05/11/2020
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Venezuela opposition negotiated Maduro overthrow plan with security firm: report
- Members of Venezuela's opposition in October negotiated a $213 million deal with a small Florida security company to invade the country and overthrow President Nicolas Maduro, according to a document published by the Washington Post on Thursday.
- 05/07/2020
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Venezuela opposition negotiated Maduro overthrow plan with security firm, report says
- Members of Venezuela's opposition in October negotiated a $213 million deal with a small Florida security company to invade the country and overthrow President Nicolas Maduro, according to a document published by the Washington Post on Thursday.
- 05/07/2020
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Venezuela opposition negotiated Maduro overthrow plan with security firm, report says
- Venezuela opposition negotiated Maduro overthrow plan with security firm, report says
- 05/07/2020
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Dividend Champion And Contender Highlights: Week Of May 3
- A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which declared increased dividends. Companies with upcoming ex-dividend d
- 05/02/2020
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Wells Fargo Sticks to Their Hold Rating for Pnm Resources (PNM)
- Wells Fargo analyst Jonathan Reeder maintained a Hold rating on Pnm Resources (PNM) today. The company's shares closed last Friday at $39.06. According to
- 05/01/2020
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Wells Fargo Maintains Equal-Weight on California Water Service, Lowers Price Target to $50
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California Water Service upgraded to Outperform from Neutral at Boenning & Scattergood CWT
- California Water Service upgraded to Outperform from Neutral at Boenning & Scattergood Boenning & Scattergood CWT
- 05/01/2020
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California Water Service upgraded at Boenning & Scattergood CWT
- California Water Service upgraded at Boenning & Scattergood Boenning & Scattergood CWT
- 05/01/2020
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California Water Service upgraded to Buy from Neutral at Janney Montgomery Scott CWT
- California Water Service upgraded to Buy from Neutral at Janney Montgomery Scott Janney Montgomery Scott CWT
- 05/01/2020
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Janney Capital Upgrades California Water Service to Buy
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California Water Service upgraded to Buy from Neutral at Janney Montgomery Scott CWT
- California Water Service upgraded to Buy from Neutral at Janney Montgomery Scott Janney Montgomery Scott CWT
- 05/01/2020
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California Water Service Group (CWT) Q1 2020 Earnings Call Transcript
- CWT earnings call for the period ending March 31, 2020.
- 05/01/2020
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Wells Fargo Maintains Their Hold Rating on California Water Service (CWT)
- Wells Fargo analyst Jonathan Reeder maintained a Hold rating on California Water Service (CWT) yesterday. The company's shares closed last Thursday at
- 05/01/2020
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Wells Fargo Maintains Their Hold Rating on California Water Service (CWT)
- Wells Fargo analyst Jonathan Reeder maintained a Hold rating on California Water Service (CWT – Research Report) yesterday. The company’s
- 05/01/2020
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Benzinga's Top Upgrades, Downgrades For May 1, 2020
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California Water Service Group (CWT) CEO Martin Kropelnicki on Q1 2020 Results - Earnings Call Transcript
- California Water Service Group (NYSE:CWT) Q1 2020 Earnings Conference Call April 30, 2020, 11:00 ET Company Participants David Healey - VP, Corporate Controller
- 04/30/2020
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California Water Service Group (CWT) Reports Q1 Loss, Misses Revenue Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of -2200.00% and -4.15%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/30/2020
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California Water Service Group (CWT) Reports Q1 Loss, Misses Revenue Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of -2200.00% and -4.15%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/30/2020
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California Water Service Group: 1Q Earnings Snapshot
- SAN JOSE, Calif. (AP) _ California Water Service Group Holding (CWT) on Thursday reported a loss of $20.3 million in its first quarter. On a per-share basis, the San Jose, California-based company said it had a loss of 42 cents. The water utility posted revenue of $125.6 million in the period. California Water Service Group shares have fallen almost 1% since the beginning of the year. The stock has climbed roughly 3% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWT at https://www.zacks.com/ap/CWT
- 04/30/2020
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California Water Service Group: 1Q Earnings Snapshot
- SAN JOSE, Calif. (AP) _ California Water Service Group Holding (CWT) on Thursday reported a loss of $20.3 million in its first quarter.
On a per-share basis, the San Jose, California-based company said it had a loss of 42 cents.
The water utility pos
- 04/30/2020
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California Water Service reports Q1 EPS (40c), consensus 0c CWT
- California Water Service reports Q1 EPS (40c), consensus 0c CWT
- 04/30/2020
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California Water Service Q1 EPS $(0.420) Down From $(0.160) YoY, Sales $125.600M Down From $126.111M YoY
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California Water Service Group Announces First Quarter 2020 Results
- SAN JOSE, Calif., April 30, 2020 -- California Water Service Group (NYSE: CWT) (the “Company”) today announced a net loss of $20.3 million or $0.42 net loss per diluted common.
- 04/30/2020
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California Water Service Group Announces First Quarter 2020 Results
- SAN JOSE, Calif., April 30, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (the “Company”) today announced a net loss of $20.3...
- 04/30/2020
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Notable earnings before Thursday's open
- AAL, ABMD, AGIO, AIMC, AIT, AMRN, ARW, ASPS, AUY, BAX, BC, BEN, BPOP, CFR, CG, CHD, CI, CMCSA, COLB, COP, COR, CRS, CWT, DAN, DNKN, DOW, EME, ESI, ETN, FBP, FCN, FLWS, GNRC, GRA, GT, HBI, HGV, HUBB, I
- 04/29/2020
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California Water Service Group Board of Directors Declares 301st Consecutive Quarterly Dividend
- At its meeting today, the California Water Service Group (CWT) Board of Directors declared the company's 301st consecutive quarterly dividend in the amount of $0.2125 per common share. California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, Inc., CWS Utility Services, and HWS Utility Services.
- 04/29/2020
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California Water Service Group Board of Directors Declares 301st Consecutive Quarterly Dividend
- SAN JOSE, Calif., April 29, 2020 (GLOBE NEWSWIRE) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the...
- 04/29/2020
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California Water Service asks to delay rate changes CWT
- California Water Service asks to delay rate changes CWT
- 04/29/2020
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California Water Service Reports Its Cal Water Unit Requested California Public Utilities Commission Delay Upcoming Rate Changes Due To Coronavirus Outbreak
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California Water Service Asks to Delay Rate Changes
- California Water Service Group (Group) (CWT) announced today that its California subsidiary, California Water Service (Cal Water), has requested that the California Public Utilities Commission (CPUC) delay upcoming rate changes due to the current COVID-19 pandemic, and has committed to deferring other bill increases during 2020. In a motion filed Tuesday, April 28, 2020 in its 2018 General Rate Case, Cal Water recognized the impact the current crisis may be having on its customers.
- 04/29/2020
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California Water Service Asks to Delay Rate Changes
- SAN JOSE, Calif., April 29, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) announced today that its California subsidiary,...
- 04/29/2020
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California Water Service Asks to Delay Rate Changes
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Hoover Elementary’s Sixth-Grade Class Wins 2020 Cal Water H2O Challenge
- Shawn McCarty and his sixth-grade students from Hoover Elementary in Stockton, Calif., gathered on a video conference Friday afternoon thinking they would be helping Principal Dr. Charleen Mah pilot a new distance-learning model. Instead, McCarty and his students learned that their project on recycling and water collection won first place in the 2020 Cal Water H2O Challenge, and they received the grand prize of a $3,500 classroom grant, $1,000 scholarship for each student, and $100 gift card per student to help support the local economy. In collaboration with California Water Service, the North American Association for Environmental Education (NAAEE), and DoGoodery, the Cal Water H2O Challenge (challenge.calwater.com) is an annual classroom competition for grades 4-6 in schools served by Cal Water.
- 04/27/2020
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Hoover Elementary’s Sixth-Grade Class Wins 2020 Cal Water H2O Challenge
- Recycling, Reducing, and Reusing for a More Sustainable Tomorrow
- 04/27/2020
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Jacobi Capital Management LLC Decreases Stake in California Water Service Group (NYSE:CWT)
- Jacobi Capital Management LLC cut its holdings in California Water Service Group (NYSE:CWT) by 7.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,507 shares of the utilities provider’s stock after selling 612 shares during the quarter. […]
- 04/27/2020
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How To Retire: Dividend Champions In The Time Of Coronavirus
- We take a look back at the dividend champions portion of Ted and Mary’s retirement portfolio. How well have the 29 dividend stocks Mary chose held up in the fac
- 04/25/2020
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Assenagon Asset Management S.A. Buys New Position in California Water Service Group (NYSE:CWT)
- Assenagon Asset Management S.A. bought a new stake in shares of California Water Service Group (NYSE:CWT) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,939 shares of the utilities provider’s stock, valued at approximately $500,000. A number of other […]
- 04/25/2020
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Northwestern (NWE) Gets a Buy Rating from Wells Fargo
- Wells Fargo analyst Jonathan Reeder maintained a Buy rating on Northwestern (NWE) yesterday. The company's shares closed last Thursday at $57.45.
- 04/24/2020
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Northwestern (NWE) Gets a Buy Rating from Wells Fargo
- Wells Fargo analyst Jonathan Reeder maintained a Buy rating on Northwestern (NWE – Research Report) yesterday. The company’s shares closed
- 04/24/2020
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California Water Service Group (CWT) Earnings Expected to Grow: Should You Buy?
- California Water Service Group (CWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
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California Water Service Group (CWT) Earnings Expected to Grow: Should You Buy?
- California Water Service Group (CWT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
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California Water Service Group (CWT) Set to Announce Earnings on Thursday
- California Water Service Group (NYSE:CWT) is scheduled to release its earnings data before the market opens on Thursday, April 30th. Analysts expect California Water Service Group to post earnings of $0.02 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link. California Water Service […]
- 04/23/2020
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California Water Service Group (NYSE:CWT) Downgraded by ValuEngine to "Hold"
- California Water Service Group (NYSE:CWT) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Wednesday, ValuEngine reports. Separately, Zacks Investment Research raised shares of California Water Service Group from a “sell” rating to a “hold” rating in a report on Wednesday, April 8th. NYSE CWT […]
- 04/23/2020
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Norges Bank Buys Shares of 373,587 California Water Service Group (NYSE:CWT)
- Norges Bank bought a new stake in shares of California Water Service Group (NYSE:CWT) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 373,587 shares of the utilities provider’s stock, valued at approximately $19,262,000. Norges Bank owned approximately 0.77% of California Water Service Group at […]
- 04/19/2020
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Covanta Cuts Dividend & Withdraws View Amid Coronavirus Woes
- Covanta Holdings (CVA) decides to preserve liquidity amid coronavirus woes by lowering dividend rate and cutting down avoidable expenditures.
- 04/15/2020
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6 Meridian Buys 2,261 Shares of California Water Service Group (NYSE:CWT)
- 6 Meridian lifted its stake in California Water Service Group (NYSE:CWT) by 14.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,002 shares of the utilities provider’s stock after purchasing an additional 2,261 shares during the period. 6 Meridian’s […]
- 04/15/2020
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Artesian Resources' Unit Acquires Town of Frankford Assets
- Artesian Resources (ARTNA) is making acquisitions to expand its service territory.
- 04/14/2020
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Artesian Resources' Unit Acquires Town of Frankford Assets
- Artesian Resources (ARTNA) is making acquisitions to expand its service territory.
- 04/14/2020
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Ladenburg Thalmann Financial Services Inc. Sells 283 Shares of California Water Service Group (NYSE:CWT)
- Ladenburg Thalmann Financial Services Inc. lowered its stake in shares of California Water Service Group (NYSE:CWT) by 3.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,785 shares of the utilities provider’s stock after selling 283 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in […]
- 04/14/2020
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UBS Group AG Has $1.82 Million Stock Holdings in California Water Service Group (NYSE:CWT)
- UBS Group AG cut its stake in shares of California Water Service Group (NYSE:CWT) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,252 shares of the utilities provider’s stock after selling 961 shares during the period. UBS Group AG owned approximately 0.07% […]
- 04/13/2020
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Macquarie Group Ltd. Reduces Stock Position in California Water Service Group (NYSE:CWT)
- Macquarie Group Ltd. reduced its holdings in shares of California Water Service Group (NYSE:CWT) by 23.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,700 shares of the utilities provider’s stock after selling 3,200 shares during the quarter. Macquarie Group Ltd.’s holdings […]
- 04/13/2020
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Cubist Systematic Strategies LLC Purchases 4,665 Shares of California Water Service Group (NYSE:CWT)
- Cubist Systematic Strategies LLC lifted its position in California Water Service Group (NYSE:CWT) by 173.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,360 shares of the utilities provider’s stock after buying an additional 4,665 shares during the period. […]
- 04/13/2020
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California Water Service Joins Rank Of Stocks With RS Ratings Over 90
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California Water Service Group (NYSE:CWT) Shares Purchased by State of Alaska Department of Revenue
- State of Alaska Department of Revenue boosted its holdings in California Water Service Group (NYSE:CWT) by 22.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 44,663 shares of the utilities provider’s stock after buying an additional 8,310 shares during the quarter. State of Alaska […]
- 04/12/2020
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Geode Capital Management LLC Raises Stock Position in California Water Service Group (NYSE:CWT)
- Geode Capital Management LLC lifted its stake in shares of California Water Service Group (NYSE:CWT) by 5.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 628,765 shares of the utilities provider’s stock after acquiring an additional 31,064 shares during the quarter. Geode […]
- 04/11/2020
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California Water Service Group Schedules First Quarter 2020 Earnings Results Announcement and Teleconference
- SAN JOSE, Calif. , April 09, 2020 -- California Water Service Group (NYSE: CWT) today announced that its first quarter 2020 earnings results will be released at 9:00 a.m. ET.
- 04/09/2020
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California Water Service Group Schedules First Quarter 2020 Earnings Results Announcement and Teleconference
- SAN JOSE, Calif. , April 09, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its first quarter 2020 earnings...
- 04/09/2020
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California Water Service Group Schedules First Quarter —…—… Earnings Results ...
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American Water Arm to Invest $14.2M to Upgrade Infrastructure
- American Water Works' (AWK) subsidiary, Pennsylvania American Water is set to invest $14.2 million in infrastructure upgrade projects to increase the resilience of its services.
- 04/07/2020
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Baird Financial Group Inc. Has $272,000 Stock Position in California Water Service Group (NYSE:CWT)
- Baird Financial Group Inc. lowered its position in California Water Service Group (NYSE:CWT) by 16.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,267 shares of the utilities provider’s stock after selling 1,000 shares during the quarter. Baird Financial Group […]
- 04/07/2020
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AQR Capital Management LLC Reduces Stock Holdings in California Water Service Group (NYSE:CWT)
- AQR Capital Management LLC lowered its position in California Water Service Group (NYSE:CWT) by 14.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,744 shares of the utilities provider’s stock after selling 4,640 shares during the quarter. AQR […]
- 04/07/2020
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California Water Service Group (NYSE:CWT) Trading Up 9.7%
- Shares of California Water Service Group (NYSE:CWT) were up 9.7% during mid-day trading on Monday . The stock traded as high as $51.15 and last traded at $50.77, approximately 260,569 shares were traded during mid-day trading. A decline of 24% from the average daily volume of 343,333 shares. The stock had previously closed at $46.26. […]
- 04/07/2020
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American Water Continues Project Work Amid Coronavirus Woes
- American Water Works' (AWK) arm Illinois American Water continues to repair and upgrade its infrastructure to ensure uninterrupted water and wastewater services to customers in Illinois.
- 04/06/2020
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Mason Street Advisors LLC Raises Stake in California Water Service Group (NYSE:CWT)
- Mason Street Advisors LLC grew its stake in shares of California Water Service Group (NYSE:CWT) by 2.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,769 shares of the utilities provider’s stock after purchasing an additional 423 shares during the period. Mason Street Advisors LLC’s […]
- 04/05/2020
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DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Has $376,000 Stock Holdings in California Water Service Group (NYSE:CWT)
- DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in California Water Service Group (NYSE:CWT) by 15.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,300 shares of the utilities provider’s stock after buying […]
- 04/05/2020
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Victory Capital Management Inc. Raises Stake in California Water Service Group (NYSE:CWT)
- Victory Capital Management Inc. grew its stake in shares of California Water Service Group (NYSE:CWT) by 5.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,319 shares of the utilities provider’s stock after purchasing an additional 385 shares during the period. Victory Capital Management Inc.’s […]
- 04/04/2020
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California Water Acquires Greenwood Estates Water System
- California Water (CWT) is expanding its customer base through continuous acquisitions.
- 04/04/2020
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California Water Acquires Greenwood Estates Water System
- California Water (CWT) is expanding its customer base through continuous acquisitions.
- 04/04/2020
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Bank of America Corp DE Sells 13,360 Shares of California Water Service Group (NYSE:CWT)
- Bank of America Corp DE lessened its stake in California Water Service Group (NYSE:CWT) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 300,819 shares of the utilities provider’s stock after selling 13,360 shares during the period. Bank of America Corp DE […]
- 04/03/2020
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California Water Service Group Subsidiaries to Acquire Local Water Companies
- California Water Service Group (Group) (CWT) announced today that its Washington subsidiary closed an acquisition and that its New Mexico subsidiary has entered into a purchase agreement. Washington Water Service (Washington Water) closed its purchase of the Greenwood Estates water system on March 31, with approval by the Washington Utilities and Transportation Commission.
- 04/02/2020
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California Water Service subsidiaries to acquire local water companies CWT
- California Water Service subsidiaries to acquire local water companies CWT
- 04/02/2020
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California Water Service Group Subsidiaries to Acquire Local Water Companies
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Envestnet Asset Management Inc. Lowers Stake in California Water Service Group (NYSE:CWT)
- Envestnet Asset Management Inc. cut its position in shares of California Water Service Group (NYSE:CWT) by 16.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,697 shares of the utilities provider’s stock after selling 1,097 shares during the quarter. […]
- 04/01/2020
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California Water Receives Nod to Acquire Rainier View Water
- California Water's (CWT) acquisition of Rainier View Water will add more than 35,000 customers.
- 03/31/2020
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California Water Receives Nod to Acquire Rainier View Water
- California Water's (CWT) acquisition of Rainier View Water will add more than 35,000 customers.
- 03/31/2020
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Washington Water Service Receives WUTC Approval to Acquire Rainier View Water Company
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Washington Water Service Receives WUTC Approval to Acquire Rainier View Water Company
- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (CWT), has received approval from the Washington Utilities and Transportation Commission to acquire Rainier View Water Company’s (Rainier View Water) water system assets and provide water utility service to its 18,000 service connections. Washington Water has been working with Rainier View Water’s current employees over recent months to complete due diligence and ensure a seamless transition for its customers and employees.
- 03/30/2020
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Washington Water Service Receives WUTC Approval to Acquire Rainier View Water Company
- SAN JOSE, Calif., March 30, 2020 (GLOBE NEWSWIRE) -- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (NYSE:...
- 03/30/2020
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Do Hedge Funds Love Hillenbrand, Inc. (HI)?
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 03/30/2020
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Is First Majestic Silver Corp (AG) Going to Burn These Hedge Funds?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/30/2020
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Delek US Holdings, Inc. (DK): Are Hedge Funds Right About This Stock?
- Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]
- 03/30/2020
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Advisor Group Inc. Sells 3,634 Shares of California Water Service Group (NYSE:CWT)
- Advisor Group Inc. lessened its position in shares of California Water Service Group (NYSE:CWT) by 41.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,174 shares of the utilities provider’s stock after selling 3,634 shares during the period. Advisor Group Inc.’s holdings in California […]
- 03/29/2020
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Hedge Funds Have Never Been This Bullish On Domtar Corporation (UFS)
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 03/29/2020
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Credit Suisse AG Has $1.97 Million Position in California Water Service Group (NYSE:CWT)
- Credit Suisse AG increased its holdings in shares of California Water Service Group (NYSE:CWT) by 11.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,149 shares of the utilities provider’s stock after acquiring an additional 4,019 shares during the quarter. Credit Suisse AG […]
- 03/28/2020
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American Water (AWK) Projects Continue Amid Coronavirus Woes
- American Water Works' (AWK) unit, New Jersey American Water continues to upgrade its water and wastewater assets to ensure 24X7 reliable water and wastewater services.
- 03/27/2020
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The 30 Dividend Kings Ranked By Quality Score
- Dividend Kings are companies that have increased their dividend payouts for at least 50 consecutive years. This article ranks the 30 Dividend Kings using DVK Qu
- 03/27/2020
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Blueshift Asset Management LLC Purchases New Stake in California Water Service Group (NYSE:CWT)
- Blueshift Asset Management LLC acquired a new position in California Water Service Group (NYSE:CWT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,816 shares of the utilities provider’s stock, valued at approximately $300,000. A number of other hedge funds have also recently made […]
- 03/27/2020
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California Water Service Group (NYSE:CWT) Shares Purchased by Amalgamated Bank
- Amalgamated Bank boosted its holdings in California Water Service Group (NYSE:CWT) by 5.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,363 shares of the utilities provider’s stock after acquiring an additional 523 shares during the period. Amalgamated Bank’s holdings in […]
- 03/27/2020
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Macquarie Infrastructure Company (MIC) Got Some Good News
- Wells Fargo analyst Jonathan Reeder upgraded Macquarie Infrastructure Company (MIC) to Buy today. The company's shares closed last Monday at $22.28.
- 03/26/2020
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Utilities Offer Services Despite Dues Amid Coronavirus Woes
- Utilities are doing their bit in assisting customers in their fight against coronavirus.
- 03/25/2020
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Utilities Offer Services Despite Dues Amid Coronavirus Woes
- Utilities are doing their bit in assisting customers in their fight against coronavirus.
- 03/25/2020
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Middlesex Water (MSEX) to Continue Work on Ongoing Projects
- Middlesex Water (MSEX) is trying to maintain and enhance reliable utility services despite the current COVID-19 crisis.
- 03/25/2020
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Middlesex Water (MSEX) to Continue Work on Ongoing Projects
- Middlesex Water (MSEX) is trying to maintain and enhance reliable utility services despite the current COVID-19 crisis.
- 03/25/2020
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Shares of several utilities companies are trading lower amid market volatility. Sunday's fiscal stimulus bill failed a procedural senate vote while the Fed on Monday announced stimulus measures.
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Edited Transcript of CWT earnings conference call or presentation 27-Feb-20 4:00pm GMT
- Q4 2019 California Water Service Group Earnings Call
- 03/20/2020
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Edited Transcript of CWT earnings conference call or presentation 27-Feb-20 4:00pm GMT
- Q4 2019 California Water Service Group Earnings Call
- 03/18/2020
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130 Biggest Movers From Yesterday
- Gainers
Blue Apron Holdings, Inc. (NYSE: APRN) shares gained 71.5% to close at $6.55 after surging over 67% on Monday.
BioNTech SE (NASDAQ: BNTX) gained 66.5% to close at $66.60...
- 03/18/2020
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Stocks With Rising Relative Price Strength: California Water Service
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Dividend Kings Analysis: Valuations Are Down
- A dividend growth analysis of the Dividend Kings is presented. Hormel, Commerce Bancshares, Nordson, Parker-Hannifin, and Stanley, Black & Decker are the top fi
- 03/16/2020
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Great West Life Assurance Co. Can Increases Stock Position in California Water Service Group (NYSE:CWT)
- Great West Life Assurance Co. Can raised its stake in shares of California Water Service Group (NYSE:CWT) by 1.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 80,699 shares of the utilities provider’s stock after purchasing an additional 1,342 shares during the period. Great West Life Assurance Co. Can’s holdings in California Water […]
- 03/14/2020
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Want To Invest In California Water Service Group (NYSE:CWT)? Here’s How It Performed Lately
- Examining California Water Service Group's (NYSE:CWT) past track record of performance is an insightful exercise for...
- 03/13/2020
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AlphaCrest Capital Management LLC Grows Stake in California Water Service Group (NYSE:CWT)
- AlphaCrest Capital Management LLC boosted its position in California Water Service Group (NYSE:CWT) by 19.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,200 shares of the utilities provider’s stock after purchasing an additional 3,300 shares during the period. AlphaCrest Capital Management […]
- 03/13/2020
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California Water Service Group (NYSE:CWT) Shares Purchased by Bank of Montreal Can
- Bank of Montreal Can lifted its holdings in California Water Service Group (NYSE:CWT) by 7.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,476 shares of the utilities provider’s stock after acquiring an additional 1,754 shares during the quarter. Bank of Montreal Can’s […]
- 03/13/2020
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IBD Rating Upgrades: California Water Service Flashes Improved Technical Strength
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California Water Service Group and Subsidiaries Suspend Shutoffs for Customers Unable to Make Payments Amid COVID-19 Pandemic
- In an effort to keep its customers safe during the novel coronavirus (COVID-19) pandemic, California Water Service Group (Group) (CWT) and its subsidiaries in California, Hawaii, New Mexico, and Washington have temporarily suspended water service shutoffs for customers unable to make utility bill payments until further notice. This decision was approved at Group’s internal task force meeting regarding COVID-19 today.
- 03/12/2020
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California Water Service Group and Subsidiaries Suspend Shutoffs for Customers Unable to Make Payments Amid COVID-19 Pandemic
- Utility Also Closing Customer Center Lobbies, Taking Additional Steps to Keep Employees, Community Safe
- 03/12/2020
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Stocks That Hit 52-Week Lows On Thursday
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California Water Service suspends shutoffs for customers impacted by COVID-19 CWT
- California Water Service suspends shutoffs for customers impacted by COVID-19 CWT
- 03/12/2020
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Sustainable Infrastructure Dividend Fund Announces Exchange Ratios
- CALGARY, Alberta, March 11, 2020 -- Middlefield Group, on behalf of Sustainable Infrastructure Dividend Fund (the “Fund”), is pleased to announce the exchange ratios for the.
- 03/12/2020
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California Water Service, Subsidiaries Suspend Shutoffs For Customers Unable To Make Payments Amid Coronavirus Outbreak
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Essential Utilities (WTRG) Gets a Hold Rating from Wells Fargo
- Wells Fargo analyst Jonathan Reeder maintained a Hold rating on Essential Utilities (WTRG) today. The company's shares closed last Monday at $44.41.
- 03/11/2020
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Wells Fargo Upgrades American States Water Company (AWR) to Hold
- In a report released today, Jonathan Reeder from Wells Fargo upgraded American States Water Company (AWR) to Hold. The company's shares closed last Monday
- 03/11/2020
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California Water Service Group Invests Nearly $274 Million in Water System Infrastructure in 2019
- As part of its promise to provide quality, service, and value to its communities, California Water Service Group invested $273.8 million in water system infrastructure in its service areas in 2019. “We take our responsibility to deliver safe, reliable, high-quality water utility services to our customers very seriously, and one way we do that is by investing in water system upgrades,” said Martin A. Kropelnicki, President and CEO.
- 03/10/2020
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California Water Service Group Invests Nearly $274 Million in Water System Infrastructure in 2019
- SAN JOSE, Calif., March 10, 2020 (GLOBE NEWSWIRE) -- As part of its promise to provide quality, service, and value to its communities, California Water...
- 03/10/2020
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California Water Service Group Invests Nearly $—74 Million in Water System Infrastructure in ...
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Water Utilities Are Poised To Continue Outperforming
- Recent moves by bond markets and the Federal Reserve, as well as economic uncertainty arising from the Covid-19 virus, indicate a continued environment of low-g
- 03/09/2020
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California Water Service Group (NYSE:CWT) Shares Purchased by Pictet Asset Management Ltd.
- Pictet Asset Management Ltd. increased its holdings in shares of California Water Service Group (NYSE:CWT) by 2.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,442,775 shares of the utilities provider’s stock after acquiring an additional 29,774 shares during the period. Pictet Asset Management […]
- 03/08/2020
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Argent Trust Co Sells 216 Shares of California Water Service Group (NYSE:CWT)
- Argent Trust Co cut its holdings in California Water Service Group (NYSE:CWT) by 4.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,988 shares of the utilities provider’s stock after selling 216 shares during the period. Argent Trust Co’s holdings […]
- 03/07/2020
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Moving Average Crossover Alert: California Water Service
- California Water Service Group (CWT) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
- 03/04/2020
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Moving Average Crossover Alert: California Water Service
- California Water Service Group (CWT) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
- 03/04/2020
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Moving Average Crossover Alert: California Water Service
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Is California Water Service Group (NYSE:CWT) Better Than Average At Deploying Capital?
- Today we'll evaluate California Water Service Group (NYSE:CWT) to determine whether it could have potential as an...
- 03/02/2020
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Analysts Offer Insights on Utilities Companies: Edison International (EIX), Southwest Gas (SWX) and Essential Utilities (WTRG)
- Analysts fell to the sidelines weighing in on Edison International (EIX), Southwest Gas (SWX) and Essential Utilities (WTRG) with neutral ratings,
- 03/02/2020
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Barclays PLC Has $5.24 Million Stake in California Water Service Group (NYSE:CWT)
- Barclays PLC lifted its stake in shares of California Water Service Group (NYSE:CWT) by 52.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 101,558 shares of the utilities provider’s stock after buying an additional 34,952 shares during the quarter. Barclays PLC […]
- 03/02/2020
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Equities Analysts Issue Forecasts for California Water Service Group's FY2021 Earnings (NYSE:CWT)
- California Water Service Group (NYSE:CWT) – Analysts at Boenning Scattergood issued their FY2021 EPS estimates for California Water Service Group in a research note issued to investors on Friday, February 28th. Boenning Scattergood analyst R. Connors anticipates that the utilities provider will post earnings of $1.60 per share for the year. CWT has been the […]
- 03/02/2020
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California Water Service Group (NYSE:CWT) Short Interest Update
- California Water Service Group (NYSE:CWT) saw a significant increase in short interest in the month of February. As of February 14th, there was short interest totalling 2,060,000 shares, an increase of 5.6% from the January 30th total of 1,950,000 shares. Based on an average daily volume of 251,100 shares, the days-to-cover ratio is currently 8.2 […]
- 03/01/2020
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California Water Service Group (NYSE:CWT) Upgraded to Buy by ValuEngine
- California Water Service Group (NYSE:CWT) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Saturday, ValuEngine reports. Separately, Zacks Investment Research lowered shares of California Water Service Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 3rd. […]
- 02/29/2020
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California Water Service Group (NYSE:CWT) Reaches New 1-Year Low Following Weak Earnings
- California Water Service Group (NYSE:CWT)’s share price hit a new 52-week low on Friday after the company announced weaker than expected quarterly earnings. The company traded as low as $46.48 and last traded at $46.72, with a volume of 6682 shares. The stock had previously closed at $49.92. The utilities provider reported $0.24 EPS for […]
- 02/29/2020
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Wells Fargo Maintains Their Hold Rating on Pnm Resources (PNM)
- Wells Fargo analyst Jonathan Reeder maintained a Hold rating on Pnm Resources (PNM) today. The company's shares closed last Monday at $47.08. According to
- 02/28/2020
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Wells Fargo Maintains Their Hold Rating on Pnm Resources (PNM)
- Wells Fargo analyst Jonathan Reeder maintained a Hold rating on Pnm Resources (PNM – Research Report) today. The company’s shares
- 02/28/2020
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California Water Service Group (CWT) Q4 2019 Earnings Call Transcript
- CWT earnings call for the period ending December 31, 2019.
- 02/28/2020
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Stocks That Hit 52-Week Lows On Friday
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California Water Service Group (CWT) CEO Martin Kropelnicki on Q4 2019 Results - Earnings Call Transcript
- California Water Service Group (NYSE:CWT) Q4 2019 Earnings Conference Call February 27, 2020, 11:00 AM ET Company Participants David Healey - VP and Corporate C
- 02/27/2020
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California Water Service Group (CWT) Misses Q4 Earnings Estimates
- California Water Service Group (CWT) delivered earnings and revenue surprises of -27.27% and 3.23%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- 02/27/2020
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California Water Service Group: 4Q Earnings Snapshot
- SAN JOSE, Calif. (AP) _ California Water Service Group Holding (CWT) on Thursday reported fourth-quarter earnings of $11.3 million. On a per-share basis, the San Jose, California-based company said it had profit of 24 cents. The water utility posted revenue of $176.9 million in the period. For the year, the company reported profit of $63.1 million, or $1.31 per share. Revenue was reported as $714.6 million. California Water Service Group shares have climbed slightly more than 2% since the beginning of the year. The stock has climbed 2% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWT at https://www.zacks.com/ap/CWT
- 02/27/2020
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California Water Service Group: 4Q Earnings Snapshot
- SAN JOSE, Calif. (AP) _ California Water Service Group Holding (CWT) on Thursday reported fourth-quarter earnings of $11.3 million.
On a per-share basis, the San Jose, California-based company said it had profit of 24 cents.
The water utility posted
- 02/27/2020
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California Water Service reports Q4 EPS 24c, consensus 30c CWT
- California Water Service reports Q4 EPS 24c, consensus 30c CWT
- 02/27/2020
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California Water Service Group Announces 2019 Earnings for Year and Fourth Quarter
- SAN JOSE, Calif., Feb. 27, 2020 -- California Water Service Group (NYSE: CWT) (the “Company”) today announced net income of $63.1 million and diluted earnings per share of.
- 02/27/2020
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California Water Service Group Announces 2019 Earnings for Year and Fourth Quarter
- SAN JOSE, Calif., Feb. 27, 2020 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (the “Company”) today announced net income of $63.1...
- 02/27/2020
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