Welcome to our dedicated page for California Wtr Svc Group news (Ticker: CWT), a resource for investors and traders seeking the latest updates and insights on California Wtr Svc Group stock.
California Water Service Group reports developments for a regulated water and wastewater utility holding company serving California, Hawaii, New Mexico, Washington, and Texas. Its subsidiaries include California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and Texas Water Service, a utility holding company.
Recurring news centers on California Public Utilities Commission rate-case decisions, infrastructure improvement plans, water system investment, quarterly earnings, dividend declarations, and updates tied to safe, reliable service. Company releases also address regulatory mechanisms, operating results, sustainability initiatives, and corporate governance or recognition items.
California Water Service Group (NYSE:CWT) was named one of the top 35 companies on TIME’s inaugural “World’s Most Impactful Companies” list. The ranking, aligned with the UN Sustainable Development Goals, selected 500 firms from nearly 10,000 candidates using Upright Project’s science-based Net Impact Model.
California Water Service (NYSE: CWT) received a final CPUC decision on April 30, 2026 for its 2024 General Rate Case and Infrastructure Improvement Plan. The decision authorizes company-wide revenue increases of $90.5M (2026), $43.2M (2027), and $48.9M (2028) and permits $1.45B of infrastructure investment through 2027, with up to $229M of additional projects subject to the CPUC advice letter process. New mechanisms include a sales reconciliation, Monterey-style revenue adjustment, and a rate design to strengthen fixed-cost recovery. Cal Water expects new rates effective July 1, 2026.
California Water Service Group (NYSE: CWT) reported Q1 2026 results and an update on the revised PD for its 2024 California General Rate Case (CPUC revised PD received April 29, 2026).
Q1 2026 net income was $4.0M ($0.07/diluted share); revenue was $214.6M. The revised PD would authorize +$90.5M (10.9%) in 2026 revenue and additional increases in 2027 and 2028. The company announced a ~$218M acquisition of Nexus Water Group systems and affirmed an 8% dividend increase to an annualized $1.34 per share.
California Water Service Group (NYSE: CWT) announced its 325th consecutive quarterly dividend of $0.3350 per common share. The dividend is payable on May 22, 2026 to holders of record at the close of business on May 11, 2026.
This continues the company's long track record of quarterly payouts to shareholders.
California Water Service Group (NYSE: CWT) was named a USA Today Top Workplaces in the USA on April 14, 2026, its second consecutive national recognition.
The company also earned Culture Excellence and Industry Awards in compensation, benefits, purpose, well-being, professional development, and employee appreciation. Energage analyzed more than 23 million surveys across 70,000+ organizations.
California Water Service Group (NYSE: CWT) will release 2026 first-quarter earnings at 9:00 a.m. ET and host a conference call at 11:00 a.m. ET on Thursday, April 30, 2026. The event is open to shareholders and investors by phone or live webcast.
A replay will be available from 2:00 p.m. ET on April 30, 2026 through June 29, 2026. Management will furnish a slide presentation on the company website before the call.
California Water Service Group (NYSE: CWT) was named to Newsweek’s 2026 "Most Trustworthy Companies in America" list for the fourth consecutive year on April 2, 2026. The recognition covers the top 700 of ~3,400 large U.S. companies and evaluates customer, employee, and investor trust metrics.
Rankings used an independent survey of 25,000 U.S. residents, 101,000 evaluations, and social listening of 307,000 mentions; Group is one of two water utilities included.
California Water Service Group (NYSE: CWT) was named one of only three water utilities on Newsweek’s inaugural list of America’s Most Charitable Companies on March 19, 2026.
Newsweek and Statista evaluated KPIs, public surveys, and social listening. Over five years, Group donated $8.3 million+ through shareholder-funded philanthropy and runs employee matching and a Season of Service volunteer program.
California Water Service Group (NYSE:CWT) received a proposed decision from the California Public Utilities Commission on its 2024 General Rate Case.
The PD would authorize $92.3M additional revenue (11.1%) in 2026, $50.8M (5.5%) in 2027, and $52.4M (5.4%) in 2028. The PD omitted the final 2025–2027 infrastructure investment budget and denied the Company's decoupling request, while reauthorizing a Monterey-Style WRAM, incremental cost balancing accounts, a sales reconciliation mechanism, and a rate design to improve fixed-cost recovery. Written comments are due April 2, 2026; a final decision is expected April 30, 2026, or shortly thereafter.
California Water Service Group (NYSE: CWT) agreed to acquire Nexus Water Group’s Nevada and Oregon water and wastewater systems, adding approximately 36,000 equivalent residential connections and a combined rate base of ~$109 million as of Dec. 31, 2025. The purchase price is ~$218 million, subject to closing adjustments.
The deal is expected to close by the end of 2026, subject to public utility commission approvals, will be funded with working capital and existing debt and equity facilities, and is expected to be accretive within one year of closing.