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
Nov 22, 2022
GIG HARBOR, Wash. , Nov. 22, 2022 (GLOBE NEWSWIRE) -- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (Group), announced today that it has completed the acquisition of Driftwood Valley Association’s water system assets.
Nov 17, 2022
SAN JOSE, Calif. , Nov. 17, 2022 (GLOBE NEWSWIRE) -- California Water Service ( Cal Water ) today announced the recipients of its fourth annual Firefighter Grant Program ; the utility provided a total of $185,763 in grants to seven fire departments, surpassing last year’s $175,000 . The program
Nov 03, 2022
K-12 Teachers and Students Encouraged to Engage in Water Conservation Projects SAN JOSE, Calif. , Nov. 03, 2022 (GLOBE NEWSWIRE) -- California Water Service ( Cal Water ), in partnership with DoGoodery, has launched the ninth annual Cal Water H 2 O Challenge .