Cadiz Stock Price, News & Analysis

Cadiz (NASDAQ: CDZI) executed a definitive agreement with Lytton Rancheria providing up to $51 million as the first tranche of financing for the Mojave Groundwater Bank, described as expected to be the largest groundwater bank in the Southwest. The $51 million is structured as an unsecured, convertible loan with initial proceeds of ~$15 million to reimburse development costs and further draws to fund 2026 construction deposits.

The investment is the first tranche of up to ~$450 million of equity capital to be raised via Mojave Water Infrastructure Company (MWI); Cadiz will also issue 600,000 shares at closing plus 25,000 shares per $1M funded.

Cadiz Inc. (NASDAQ: CDZI), a California water solutions company, has declared a quarterly cash dividend for its 8.875% Series A Cumulative Perpetual Preferred Stock. Shareholders will receive $550.00 per whole share, while holders of depositary shares (NASDAQ: CDZIP) will receive $0.55 per depositary share.

The dividend is scheduled for payment on October 15, 2025, to stockholders of record as of October 4, 2025. The company maintains a significant presence in California with 45,000 acres of land, 2.5 million acre-feet of water supply, and 220 miles of pipeline assets.

Cadiz Inc. (NASDAQ: CDZI) has formed a strategic partnership with San Bernardino Valley Municipal Water District and Fontana Water Company (FWC) to address perchlorate contamination in the Rialto-Colton Groundwater Basin. Through its subsidiary ATEC Water Systems, Cadiz will provide specialized water filtration systems to FWC as part of the Cactus Basins Recharge Program.

The initiative is tied to a 200,000 acre-foot water supply agreement between FWC and Cadiz signed in 2024. The program aims to enhance groundwater replenishment and improve water quality in San Bernardino County, supporting the region's efforts to reduce dependence on imported State Water Project water and improve drought resilience.

The partnership represents a significant step in addressing water security challenges in San Bernardino County through a coordinated approach to water infrastructure investment, focusing on local water reuse, groundwater recharge, and contamination cleanup.

Cadiz Inc. (NASDAQ: CDZI) announced its upcoming feature on Empowered Hosted by Meg Ryan, a public television series airing nationwide starting September 8, 2025. The segment highlights the company's innovative approach to water infrastructure, particularly its initiative to repurpose idle oil and gas pipelines for water conveyance.

The feature includes appearances by CEO Susan Kennedy and Board Member Maria Echaveste, alongside Fontana Mayor Aquanetta Warren and Coushatta Tribe Chairman David Sickey, discussing climate change impacts on water access and infrastructure modernization. The segment is currently available online, with a promotional spot airing on CNBC on September 3-4, and a full-length version premiering on Cadiz's platforms on September 8.

Cadiz (NASDAQ: CDZI), a California water solutions company, announced its participation in the 15th Annual ROTH London Conference taking place at the Four Seasons Hotel London at Park Lane on June 25-26, 2025. Chairman and CEO Susan Kennedy will conduct one-on-one meetings with institutional investors during the conference.

Cadiz, established in 1983, operates with 45,000 acres of land in California, managing 2.5 million acre-feet of water supply and 220 miles of pipeline assets. The company specializes in water supply, storage, pipeline, and treatment solutions, utilizing cost-effective water treatment filtration technology to address climate change impacts on clean water access.

Cadiz Inc. (NASDAQ: CDZI) has declared a quarterly cash dividend for Q2 2025 on its 8.875% Series A Cumulative Perpetual Preferred Stock. Shareholders of Series A Preferred Stock will receive $560.00 per whole share, while holders of depositary shares (NASDAQ: CDZIP) will receive $0.56 per depositary share. The dividend will be paid on July 15, 2025, to holders of record as of July 3, 2025. Cadiz is a California water solutions company with significant assets including 45,000 acres of land, 2.5 million acre-feet of water supply, 220 miles of pipeline assets, and water treatment filtration technology.

Cadiz (NASDAQ: CDZI) has signed a Memorandum of Understanding with UK-based Hoku Energy Limited to develop a major clean energy campus at Cadiz Ranch in California's Mojave Desert. The agreement grants Hoku Energy a three-year exclusive option to develop over 10,000 acres for green hydrogen production, renewable power generation, battery storage, and data centers. Combined with their previous 2024 agreement with RIC Energy for 3,000 acres of green hydrogen production, these projects are expected to position Cadiz Ranch as one of North America's largest clean energy campuses. The developments are projected to generate $7-$10 million annually in lease revenue and water supply sales. The MOU preserves Cadiz's existing operations, including agricultural activities and the Mojave Groundwater Bank development, while reserving 400 acres for additional commercial development.

Cadiz Inc. (NASDAQ: CDZI) announced its participation in the B. Riley Securities 25th Annual Investor Conference taking place at the Ritz-Carlton, Marina Del Rey on May 21-22, 2025. The company's management will conduct one-on-one meetings with investors on May 21st and plans to post an updated investor presentation on their website following the conference.

Cadiz, founded in 1983, is a California water solutions company with significant assets including 45,000 acres of land, 2.5 million acre-feet of water supply, 220 miles of pipeline infrastructure, and water treatment filtration technology. The company focuses on providing clean, reliable, and affordable water solutions to address climate change impacts on water access.

Cadiz Inc (NASDAQ: CDZI) released a Q1 2025 shareholder letter highlighting significant progress in its water infrastructure projects. The company secured 180 miles of steel pipe from the Keystone XL project, avoiding new steel tariffs. Cadiz aims to complete the Northern Pipeline by end-2026 and Southern Pipeline by end-2027. Key Q1 developments include: securing a lead project investor, raising $20 million in equity, and advancing permit applications under Trump's emergency proclamation for water projects. The company expects $15-20 million in development expense reimbursements and additional payments of $25 million for NPL assets and $51 million for water storage rights. Their ATEC division doubled production capacity and showed strong growth in water filtration technology markets. Cadiz Ranch is expanding with potential hydrogen production facilities and data center developments.