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
Aug 06, 2020
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
Jul 31, 2020
SALINAS, Calif. " California Water Service (Cal Water) has completed two water infrastructure improvement projects in the Santa Rita neighborhood of Salinas, continuing its commitment to ensure critical infrastructure in the area remains safe and reliable.
Jul 31, 2020
MENLO PARK, Calif. — As part of California Water Service's (Cal Water) commitment to ensuring critical infrastructure remains safe and reliable, the utility has started an important water main replacement project in North Fair Oaks near Everest Public High School.