2009 News Releases

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11/25/09Cal Water President & CEO to Speak at NYSSA Water Conference
SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 25, 2009-- (NYSE: CWT) – Peter C. Nelson, president & CEO of California Water Service Group (Cal Water), will give a presentation about the company at the New York Society of Security Analysts (NYSSA) Water Utility Conference on Dec. 2, 2009, at 9:35 a.m. Eastern time at the NYSSA office in New York City. Nelson will provide an overview of the water industry, discuss current regulatory issues in ... 
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10/28/09California Water Service Group Announces Results for 3rd Quarter 2009
SAN JOSE, CA, Oct 28, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced net income of $19.6 million and earnings per share of $0.94 for the third quarter of 2009, compared to net income of $22.2 million and earnings per share of $1.06 in the third quarter of 2008. Revenues increased by $7.5 million, or 6%, to $139.2 million, with rate increases adding $12.5 million and water usage by new customers adding $3.3 million. A decrease in water usage by ... 
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10/28/09California Water Service Group Board of Directors Declares 259th Consecutive Quarterly Dividend
SAN JOSE, CA, Oct 28, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) announced today that its Board of Directors has declared the company's 259th consecutive quarterly dividend in the amount of $0.2950 per common share. It will be payable on November 20, 2009, to stockholders of record on November 9, 2009. California Water Service Group is the parent company of California Water Service Company, Washington Water Service Company, New Mexico Water Service Company... 
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10/27/09California Water Service Group Expands Its Lines of Credit to $300 Million
SAN JOSE, CA, Oct 27, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that it has expanded its unsecured credit facilities to a $300 million, three-year, syndicated revolving line of credit to be used for working capital purposes, including the short-term financing of capital projects. The base loan rate may vary from prime plus 50 basis points to prime plus 125 basis points depending on the Company's total capitalization ratio. Likewise, the unu... 
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10/14/09California Water Service Group Schedules Third Quarter 2009 Earnings Results Announcement and Teleconference
SAN JOSE, CA, Oct 14, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that its second quarter earnings results will be released after the market-close on Wednesday, October 28, 2009, and its teleconference will be held at 11 a.m. EDT on Thursday, October 29, 2009. All stockholders and interested investors are invited to listen to the teleconference. The 2009 third quarter conference call may be accessed by dialing 1-866-814-8476 and keying in ID#... 
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07/29/09Cal Water Announces Results for the 2nd Quarter of 2009
SAN JOSE, CA, Jul 29, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced net income of $12.1 million, up 20% from $10.1 million in the second quarter of 2008, and earnings per common share (EPS) of $0.58, an increase of 21% over EPS of $0.48 in the same period last year. Revenues increased by $11.1 million, or 11%, to $116.7 million, with rate increases adding $19.2 million and water usage by new customers adding $3.4 million. These increases were o... 
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07/29/09California Water Service Group Board of Directors Declares 258th Consecutive Quarterly Dividend
SAN JOSE, CA, Jul 29, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) announced today that its Board of Directors has declared the company's 258th consecutive quarterly dividend in the amount of $0.2950 per common share. It will be payable on August 21, 2009, to stockholders of record on August 10, 2009. California Water Service Group is the parent company of California Water Service Company, Washington Water Service Company, New Mexico Water Service Company, H... 
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07/15/09California Water Service Group Schedules Second Quarter 2009 Earnings Results Announcement and Teleconference
SAN JOSE, CA, Jul 15, 2009 (MARKETWIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that its second quarter earnings results will be released after the market-close on Wednesday, July 29, 2009, and its teleconference will be held at 11 a.m. EDT on Thursday, July 30, 2009. All stockholders and interested investors are invited to listen to the teleconference. The 2009 second quarter conference call may be accessed by dialing 1-866-871-4881 and keying in ID# 13693... 
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06/01/09California Water Service Group's Martin A. Kropelnicki Named "Bay Area CFO of the Year" -- for Public Companies up to $500 Million Revenue
SAN JOSE, CA, Jun 01, 2009 (MARKETWIRE via COMTEX) -- Martin A. Kropelnicki, Vice President, Chief Financial Officer, and Treasurer of California Water Service Group (NYSE: CWT), was named Bay Area CFO of the Year for public companies with up to $500 million in revenue at a dinner benefiting Larkin Street Youth Services on May 28. The awards program is an annual event that honors Bay Area Chief Financial Officers. The other two finalists in the category were Thomas P. Cawley of Peet's Co... 
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04/29/09California Water Service Group Announces First Quarter 2009 Results
SAN JOSE, CA, Apr 29, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced net income of $2.4 million and earnings per share of $0.12 for the first quarter of 2009, compared to net income of $0.2 million and earnings per share of $0.01 for the first quarter of 2008. Revenues increased by $13.7 million, or 19%, to $86.6 million, with rate increases adding $11.6 million and sales to new customers adding $2.4 million. A decrease in usage and other change... 
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04/29/09California Water Service Group Board of Directors Declares 257th Consecutive Quarterly Dividend
SAN JOSE, CA, Apr 29, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) announced today that its Board of Directors has declared the company's 257th consecutive quarterly dividend in the amount of $0.2950 per common share. It will be payable on May 18, 2009, to stockholders of record on May 8, 2009. California Water Service Group is the parent company of California Water Service Company, Washington Water Service Company, New Mexico Water Service Company, Hawaii ... 
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04/14/09California Water Service Group Schedules First Quarter 2009 Earnings Results Announcement and Teleconference
SAN JOSE, CA, Apr 14, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that its first quarter earnings results will be released after the market-close on Wednesday, April 29, 2009, and its teleconference will be held at 11 a.m. EDT on Thursday, April 30, 2009. All stockholders and interested investors are invited to listen to the teleconference. The 2009 first quarter conference call may be accessed by dialing 1-866-847-7859 and keying in ID# 134... 
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04/13/09Cal Water Prices $100 Million of First Mortgage Bonds
SAN JOSE, CA, Apr 13, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) announced today that California Water Service Company ("Cal Water"), a wholly-owned subsidiary of California Water Service Group, priced an offering of $100,000,000 in aggregate principal amount of its 5.875% First Mortgage Bonds due 2019, Series LL. The bonds will mature on May 1, 2019, and interest on the bonds will accrue and be payable semi-annually in arrears on May 1 and November 1 comm... 
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04/08/09Cal Water Announces Intention to Offer $100 Million First Mortgage Bonds
SAN JOSE, CA, Apr 08, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) announced today that California Water Service Company, a wholly-owned subsidiary of California Water Service Group, intends to offer and sell, subject to market and other conditions, $100 million principal amount of first mortgage bonds, which will be fully and unconditionally guaranteed by California Water Service Group. Robert W. Baird & Co. Incorporated is acting as the sole underwriter fo... 
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03/27/09Cal Water President & CEO to Speak at Water Industry Summit
SAN JOSE, CA, Mar 27, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) President and Chief Executive Officer Peter C. Nelson will give a presentation about the company at Janney Montgomery Scott's 2009 Water Industry Summit. The presentation, part of a panel discussion called "Maintaining Needed Rate Increases and Capital Spending in the Current Economy," will be held at The Grand Hyatt Hotel in New York City on Wednesday, April 1, 2009, at 1:30 p.m. Eastern time... 
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02/25/09California Water Service Group Announces Revenues and Earnings for Year-End and 4th Quarter 2008
SAN JOSE, CA, Feb 25, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced net income of $39.8 million, up 28% or $8.6 million for the 2008 fiscal year. Diluted earnings per share were $1.90, up 27% or $0.40 per share compared to $1.50 for the same period last year. Revenue for 2008 was $410.3 million, increasing 12% or $43.2 million over revenue of $367.1 million for 2007. Revenues for 2008 included an additional $42.0 million from rate increases a... 
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02/05/09California Water Service Group Schedules Fourth Quarter and Year-End 2008 Earnings Results Announcement and Teleconference
SAN JOSE, CA, Feb 05, 2009 (MARKET WIRE via COMTEX) -- California Water Service Group (NYSE: CWT) today announced that its fourth quarter and year-end earnings results will be released after the market-close on Wednesday, February 25, 2009, and its teleconference will be held at 11:00 a.m. EST on Thursday, February 26, 2009. All stockholders and interested investors are invited to listen to the teleconference. The 2008 fourth quarter and year-end conference call may be accessed by dialin... 
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01/28/09California Water Service Group Board of Directors Declares 257th Consecutive Quarterly Dividend and 42nd Consecutive Annual Dividend Increase
SAN JOSE, CA, Jan 28, 2009 (MARKET WIRE via COMTEX) -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 257th consecutive quarterly dividend, increasing the annual dividend from $1.17 to $1.18. This represents the company's 42nd consecutive annual dividend increase. The quarterly dividend of $0.2950 per common share will be payable on February 20, 2009, to stockholders of record on February 9, 2009. California Water Service Grou... 
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