reports
California Water Service to Own, Operate New Silverwood Development’s ...
California Water Service to Own, Operate New Silverwood Development’s Wastewater and Recycled Water Systems SAN JOSE, Calif., June 24, 2025 (GLOBE NEWSWIRE) -- In an expansion of its wastewater and recycled water operations, California Water Service (Cal Water) has signed an agreement with an affiliate of DMB Development to own and operate the wastewater and recycled water systems of Silverwood, a new master-planned, mixed-use community currently under construction in San Bernardino County, Calif. Cal Water is the largest subsidiary of California Water Service Group (NYSE: CWT), whose sub...
Washington Utilities and Transportation Commission Sets New Rates for ...
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. This increase in annual revenue will be phased in over two years to reduce ...
California Water Service Enters into Agreement to Acquire Casa Loma Wa...
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. Casa Loma serves about 900 people through 237 residential and 11 commercial customer connections. The system is located three miles from Cal Water’s Bakersfield Operat...
California Water Service Provides 400 Students with Hands-On Learning ...
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. As part of Cal Water’s Aqua Adventures, which provides environmentally focused field trips for 4th- to 6th-grade classrooms, the utility provided students from 12 classes an up-close look at water and the role it plays in the ecosystem to inspire the next ...
California Water Service Group Details Progress to Reduce Environmenta...
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 and 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. The 2024 Sustainability Report showcases progress made in Group’s four key focus areas, including:Protecting the planet Reducing Scope 1 an...
Hawaii Public Utilities Commission Sets New Rates for Hawaii Water Ser...
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. Hawaii Water, a subsidiary of California Water Service Group (NYSE: CWT), last...
California Water Service Group Reports First Quarter 2025 Results
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. Financial highlights included: The inclusion of both GAAP and non-GAAP financial measures for 2024 to assist investors in comparing 2024 and 2025 performance. Net income attributable to Group of $13.3 million, or $0.22 per diluted share, a decre...
California Water Service Group Board of Directors Declares 321st Conse...
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. About California Water Service GroupCalifornia Water Service Group is the parent company of regul...
California Water Service Group Earns Spot on USA Today’s 2025 List of ...
California Water Service Group Earns Spot on USA Today’s 2025 List of America’s Climate Leaders SAN JOSE, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- As California Water Service Group (Group) (NYSE: CWT) joins others around the world in celebrating Earth Day, it is pleased to announce that is has been named one of “America’s Climate Leaders” by USA Today and Statista Inc. The ranking honors organizations that drive real, positive environmental impact, according to Statista, a world-leading statistics portal and industry ranking provider. This ranking recognizes companies in the United...
California Water Service Group Schedules 2025 First-Quarter Earnings R...
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. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 7963586, or you may access the live audio webcast a...
California Water Service Group Named One of “America’s Most Trustworth...
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.” In Newsweek’s 2025 list, Group ranked first among water utilities nationwide, based on feedback and analysis regarding trust among customers, employees, and investors. The award is presented by Newsweek and Statista Inc., a world-leading statistics portal and industry ranki...
California Water Service Group Named a Top Workplace in the USA
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. This is the first time Group has received this national honor. Top Workplaces USA celebrates organizations with at least 150 employees and that have built exceptional, people-first cultures, according to Energage. Winners are re...
California Water Service Group Invests $471 Million in Infrastructure ...
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. Infrastructure improvements completed last year exceeded the previous high investment recorded in 2023 by $87 million. Group subsidiary California Water Service’s annual Main Replacement Program, the ...
California Water Service Group Announces Addition of Kris A. Hamner as...
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. Hamner comes to Group from HR Ro(X) Consulting, LLC, where in his capacity as owner and principal consultant he has developed human r...
California Water Service Group Reports Fourth Quarter and Full Year 20...
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. Highlights included: 2024 operating revenue of $1.037 billion, compared to $794.6 million in 2023Diluted earnings per share of $3.25 in 2024, compared to $0.91 in 2023Record capital investment of $471.0 million in w...
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California Water Service Partners with Walmart to Expand Payment Optio...
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. With Walmart Bill Pay, Cal Water customers have a new option to pay in person using cash or debit cards at any Walmart location that offers bill pa...
California Water Service Group Schedules 2024 Full-Year and Fourth-Qua...
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. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 5777452, or you ...
California Water Service Group Board of Directors Declares 320th Conse...
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 commo...
California Public Utilities Commission Grants California Water Service...
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% ...
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