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
Sep 17, 2020
SAN JOSE, Calif. , Sept. 17, 2020 (GLOBE NEWSWIRE) -- California Water Service ( Cal Water ) today announced the recipients of its second annual Firefighter Grant Program , to support the needs of fire departments in the utility’s service areas. Due to the large number of applicants in the
Sep 10, 2020
SAN JOSE, Calif. , Sept. 10, 2020 (GLOBE NEWSWIRE) -- For the utility’s ongoing commitment to employees in its four subsidiaries, the Great Place to Work ® Institute has certified California Water Service Group (Group) (NYSE: CWT) as a Great Place to Work ® for the fifth year in a row.
Sep 04, 2020
TORRANCE, Calif. — As part of its commitment to ensure critical infrastructure remains safe and reliable, California Water Service (Cal Water) has a new water infrastructure upgrade underway in Carson. The project will ensure customers and firefighters continue to have the water they need for their