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
Cal Water Commends Governor Newsom’s Signature on Important Water Conservation Bill SB 1469 (Bradford/Becker)
Sep 30, 2022
Broad coalition of labor, environmental, business, consumer, and water groups supported bill that will help Californians conserve more water SAN JOSE, Calif. , Sept. 30, 2022 (GLOBE NEWSWIRE) -- California Water Service ( Cal Water ) today commended Governor Newsom for signing SB 1469 (Sens.
California Water Service Sees Fourth Straight Month of Water Savings During August 2022, Led State With July Savings
Sep 29, 2022
SAN JOSE, Calif. , Sept. 29, 2022 (GLOBE NEWSWIRE) -- For the fourth month in a row, California Water Service ( Cal Water ) customers reduced their water use, with half of the utility’s districts surpassing 15% in reductions in August. Company-wide, Cal Water reduced water use by 12.3% last month
California Water Service Group Announces Addition of Retired L.A. County Fire Chief Daryl Osby as Vice President, Emergency Preparedness, Safety, and Security
Sep 29, 2022
SAN JOSE, Calif. , Sept. 29, 2022 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that retired Los Angeles County Fire Chief Daryl L. Osby joined the company as Vice President, Emergency Preparedness, Safety, and Security, effective September 28 .