Like their municipal and privately owned counterparts, investor-owned water utilities deliver drinking water to customers' homes and businesses. After a period of considerable consolidation in the industry, only 11 investor-owned water utilities remain in the United States. Investor-owned water utilities typically appeal to conservative investors because their rates are regulated, their earnings drivers are straightforward, their dividends are steady, and their product is both essential and irreplaceable. California Water Service Group is the third largest investor-owned water utility in the United States.
If you are a securities analyst, portfolio manager, or other representative from the investment community, please contact:
Thomas F. Smegal III
Vice President, Chief Financial Officer
Phone (408) 367-8200
Oct 23, 2020
WILLOWS, Calif.—Today marks the completion of California Water Service's (Cal Water) most recent water infrastructure upgrade in Willows to ensure customers and first responders continue to have the water they need for their everyday and emergency needs.
Oct 21, 2020
MENLO PARK, Calif. — Building on its commitment to ensure critical water infrastructure remains safe and reliable, California Water Service (Cal Water) has begun an infrastructure upgrade in the Woodside Hills neighborhood in the Town of Woodside. This investment in infrastructure will ensure local
Oct 19, 2020
SALINAS, Calif. — California Water Service (Cal Water) began an infrastructure upgrade in central Salinas today that will strengthen water system reliability and fire protection for residents and first responders. The project is part of Cal Water's commitment to ensure critical water infrastructure