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 (CWT) delivers essential water services across multiple U.S. states through regulated utilities and specialized subsidiaries. This page provides investors and stakeholders with authoritative updates on operational milestones, financial performance, and strategic initiatives shaping the company's role in the water utility sector.
Access timely press releases covering earnings reports, infrastructure investments, and regulatory compliance developments. Our curated collection ensures you stay informed about CWT updates including acquisitions like Kings Mountain, PFAS mitigation efforts, and rate case resolutions critical to understanding the company's financial trajectory.
Discover analysis of CWT's operational strategies across California, Texas, and other key markets. Content emphasizes infrastructure modernization projects, customer growth trends, and environmental stewardship initiatives while maintaining strict compliance with financial disclosure standards.
Bookmark this page for continuous access to CWT's latest news. Monitor how regulatory frameworks and capital expenditure programs impact long-term service reliability and shareholder value in the water utility industry.
California Water Service (NYSE:CWT) has launched its seventh annual Firefighter Grant Program, offering funding to fire departments within its service areas. The program, which surpassed $1 million in total grants in 2024, supports the acquisition of life-saving equipment, training, and education for both professional and volunteer fire departments.
In the previous cycle, grants ranged from $10,800 to $38,400, funding essential equipment including ballistic gear, radios, protective equipment, and cardiac monitors. The program has supported 27 fire departments since its 2019 inception. Applications for the 2025 cycle will be accepted until November 7, 2025.
California Water Service Group (NYSE: CWT) has been named one of the "World's Most Trustworthy Companies" by Newsweek for the third consecutive year. The recognition follows their designation as one of "America's Most Trustworthy Companies" earlier in 2025.
The company was among 61 companies honored in the energy and utilities category, and one of only three water utilities recognized globally. The selection process involved feedback from over 65,000 participants providing 200,000 evaluations and analysis of more than 500,000 company mentions. Eligible companies must have annual revenues exceeding $500 million USD.
California Water Service (NYSE:CWT) has announced increased rebate values for water conservation products to promote water efficiency among its customers. The enhanced rebates include up to $500 for residential high-efficiency clothes washers, up to $150 for residential high-efficiency toilets, and up to $5 per square foot for residential lawn-to-garden conversions.
Commercial customers can receive up to $200 for high-efficiency toilets, $300 for high-efficiency urinals, and $3 per square foot for lawn-to-garden conversions. Customers can check rebate availability in their local service area through their online account at calwater.com/rebates.
California Water Service Group (NYSE: CWT) has achieved the Great Place To Work Certification™ for the tenth consecutive year in 2025. The certification, based on employee feedback through a Culture Audit© and Trust Index©, recognizes CWT's commitment to workplace excellence.
The company has implemented several new initiatives including a Career Pathways program for employee development and a revamped Season of Service program for community engagement. For customers, CWT introduced Walmart Bill Pay and implemented a new rate structure in California that discounts the first 4,500 gallons of monthly water usage.
The company serves over 2.1 million people and continues to focus on employee satisfaction and customer service improvements.
California Water Service Group (NYSE: CWT) reported Q2 2025 financial results with net income of $42.2 million ($0.71 per diluted share), up 3.9% from Q2 2024. Revenue increased 8.5% to $265.0 million, driven by rate changes and increased customer water usage.
Key highlights include: $119.4 million invested in water infrastructure during Q2, execution of Silverwood wastewater system agreement, receipt of $10.6 million PFAS settlement proceeds, and S&P Global's affirmation of Cal Water's A+/Stable credit rating. The company declared its 322nd consecutive quarterly dividend of $0.30 per share.
The 2024 California General Rate Case is progressing on schedule, with Cal Water proposing to invest over $1.6 billion from 2025-2027 and requesting revenue increases of 17.1%, 7.7%, and 8.1% for 2026-2028 respectively.
California Water Service Group (NYSE: CWT) has announced its 322nd consecutive quarterly dividend of $0.30 per common share. The dividend will be paid on August 22, 2025, to stockholders of record as of August 11, 2025.
This announcement demonstrates the company's long-standing commitment to providing consistent returns to shareholders, maintaining its track record of regular quarterly dividend payments.
California Water Service (NYSE: CWT) has entered into a 20-year power purchase agreement with EDPR NA Distributed Generation LLC for a 2.35-megawatt DC solar photovoltaic array at its Northeast Bakersfield Treatment Plant. The system is expected to generate 3,800 megawatt-hours of renewable energy annually and reduce grid energy costs by approximately $1.7 million over the agreement term.
The partnership aims to reduce Cal Water's environmental footprint while maintaining affordable water costs for customers in the Bakersfield District, one of its largest service areas. The initiative aligns with Cal Water's commitment to reaching science-aligned greenhouse gas emissions reduction targets and enhancing sustainability in its operations.
California Water Service Group (NYSE:CWT) has awarded $80,000 in scholarships to 13 outstanding students for the 2025-26 academic year through its Scholarship Program. Four students received grand prizes of $10,000 each, while seven others received $5,000 scholarships and two received $2,500 awards.
Selected from nearly 500 applications, nine of the thirteen recipients are first-generation college students. The program, which has provided $839,000 in total scholarships to date, is part of CWT's stockholder-funded philanthropic giving program and doesn't affect customer rates. The scholarship selection was based on academic achievement, community service, and financial need.
The program is administered by Scholarship America, a 501(c)(3) non-profit organization, reflecting CWT's commitment to enhancing the quality of life in its service communities across California, Hawaii, New Mexico, and Washington.California Water Service Group (NYSE: CWT) has scheduled its 2025 second-quarter earnings announcement for July 31, 2025. The earnings results will be released at 9:00 a.m. ET, followed by a conference call at 11:00 a.m. ET.
The conference call will be led by Chairman and CEO Martin A. Kropelnicki, CFO James P. Lynch, and Chief Business Development Officer Shilen M. Patel. Investors can join via phone using ID# 4275238 or through a live audio webcast. A replay will be available until September 29, 2025.
California Water Service Group (NYSE: CWT) announced that S&P Global has maintained an A+/Stable credit rating for its largest subsidiary, California Water Service (Cal Water). The rating reflects Cal Water's excellent business risk profile and intermediate financial risk profile.
CEO Martin A. Kropelnicki highlighted that this rating validates the company's strong balance sheet, fiscal discipline, and credit metrics, which enable continued infrastructure investments benefiting both stockholders and customers.
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