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 (NYSE:CWT) has completed its acquisition of Palm Mutual Water Company’s water system assets, following California Public Utilities Commission approval in December 2025.
The Palm Mutual system serves about 250 residents via 63 connections near Cal Water’s Northeast Bakersfield Treatment Plant and will be integrated into the Bakersfield District, which already serves about 445,600 people. Cal Water plans to upgrade infrastructure over time to support long-term water quality and reliability.
California Water Service (NYSE:CWT) earned G480 Platinum Certification from the Alliance for Water Efficiency for its water conservation and efficiency program management. Platinum is the highest status under the American Water Works Association’s G480 standard.
Cal Water is the first utility certified platinum under the updated G480-25 standard, confirming its program meets 100% of voluntary compliance requirements.
California Water Service Group (NYSE:CWT) promoted Tamara S. Johnson to Vice President, California Operations, and Gregory D. Shimansky to Vice President, Rates and Regulatory Affairs, effective July 1, 2026.
Johnson brings 40 years of utility experience; Shimansky succeeds retiring VP Greg A. Milleman.
California Water Service Group (NYSE:CWT) released its 2025 Sustainability Report, aligned with SASB, TCFD, and GRI standards, highlighting progress in environmental, customer, workforce, and governance initiatives.
Key 2025 data include major emissions cuts, extensive recycled water use, customer assistance, safety gains, and diverse procurement.
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.