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, through its parent California Water Service Group (NYSE: CWT), is a regulated water and wastewater utility serving more than 2.1 million people in California, Hawaii, New Mexico, Washington, and Texas. The CWT news feed on Stock Titan highlights company announcements that reflect how this multi-state utility manages infrastructure, regulation, financing, and community initiatives.
Investors and observers following CWT news will see updates on regulatory proceedings, such as general rate cases, interim rate adjustments, and cost of capital decisions by state public utilities commissions. These items explain how the company recovers the cost of providing safe, clean, reliable water and wastewater services and how rate structures may evolve over time.
News coverage also includes information on infrastructure investments and system expansions. Examples from recent releases include acquisitions of smaller water systems, consolidation projects that connect disadvantaged communities with failing private wells to California Water Service systems, and capital improvements in Hawaii Water Service’s Kapalua and Waikoloa systems designed to enhance reliability, sustainability, and fire protection.
Because California Water Service Group finances significant capital programs, CWT news often features financing and capital markets activity, such as the issuance of senior unsecured notes and first mortgage bonds, as well as credit rating updates from S&P Global. Dividend declarations and quarterly earnings releases provide additional insight into the company’s financial profile and long-term dividend track record.
Community-focused stories are another recurring theme. These include the Firefighter Grant Program, which supports local fire departments with equipment and training, and partnerships with government agencies and community organizations to improve water access. For a utility operating across multiple western states, such developments help illustrate how regulatory decisions, infrastructure projects, and community engagement intersect in CWT’s day-to-day operations.
- Upgrades to two storage tanks and reservoirs
- Installation of two additional generators for power outage protection
- Routine pumping equipment replacement
California Water Service Group (NYSE: CWT) continues its strong dividend history with the announcement of its 321st consecutive quarterly dividend. The Board of Directors has declared a dividend of $0.30 per common share, maintaining the company's commitment to shareholder returns.
The dividend will be paid on May 23, 2025, to stockholders of record as of the close of business on May 12, 2025. This announcement, made at the Board meeting on April 30, 2025, demonstrates the company's consistent dividend payment track record.
California Water Service Group (NYSE: CWT) has been recognized as one of 'America's Climate Leaders' by USA Today and Statista Inc in 2025. This first-time recognition highlights the company's achievement in driving environmental impact through significant emissions reductions.
The ranking specifically acknowledges U.S. companies with revenue exceeding $50 million that have demonstrated sustained reductions in emissions. The evaluation criteria included the compound annual reduction rate of Scope 1 and 2 greenhouse gas (GHG) emissions intensity relative to revenue from 2021 to 2023, along with the company's carbon disclosure rating.
California Water Service Group (NYSE: CWT) has announced its schedule for the 2025 first-quarter earnings release and conference call. The earnings results will be released on Thursday, May 1, 2025 at 9:00 a.m. ET, followed by an earnings conference call at 11:00 a.m. ET.
The conference call will be hosted by Chairman, President and CEO Martin A. Kropelnicki and Senior VP, CFO and Treasurer James P. Lynch. Stockholders and investors can join via phone (1-800-715-9871 or 1-646-307-1963, ID# 7963586) or through a live audio webcast. A replay will be available from 2:00 p.m. ET on May 1 through June 30, 2025. The company will provide a slide presentation on its website before the call.
California Water Service Group (NYSE: CWT) has achieved a significant milestone by being named one of America's Most Trustworthy Companies by Newsweek for the third consecutive year. The company ranked first among water utilities nationwide in Newsweek's 2025 list.
The recognition is based on a comprehensive evaluation across three trust touchpoints: customer, employee, and investor feedback. The assessment involved an independent survey of 25,000 U.S. residents, generating 102,000 evaluations, complemented by a social listening analysis of 304,000 company mentions.
The prestigious list, compiled by Newsweek and Statista Inc., features the top 700 companies from approximately 3,400 largest U.S.-based public and private organizations with annual revenues exceeding $500 million, spanning 23 industries.
California Water Service Group (NYSE: CWT) has achieved a significant milestone by being named to the 2025 Top Workplaces USA list by USA Today and Energage. This marks the company's first national recognition, following their previous Top Workplace designation in the Bay Area.
The award, presented by workforce culture research company Energage, recognizes organizations with 150+ employees that demonstrate exceptional, people-first cultures. Among 42,000 invited organizations, CWT was selected based on employee feedback regarding Workplace Experience Themes.
The company serves over 2.1 million people daily, with Chairman and CEO Martin A. Kropelnicki emphasizing their commitment to employee well-being and development. Energage CEO Eric Rubino highlighted that this recognition, driven by employee feedback, serves as a badge of credibility and excellence in today's competitive market.
California Water Service Group (NYSE: CWT) has invested a record $471 million in capital improvements across its service areas in 2024, marking a 23% increase from 2023's investment. The company's Main Replacement Program represented $156 million of the total investment, installing nearly 36 miles of new pipe.
Key infrastructure improvements included:
- 124 storage and pressure tank upgrades
- 110 water treatment facility improvements
- 27 SCADA system upgrades
- 26 generator and motor control center installations
These investments aim to enhance water safety, reliability, and system resilience while maintaining affordable service at approximately one penny per gallon across service areas.
California Water Service Group (NYSE: CWT) has appointed Kris A. Hamner as Vice President, Chief Human Resource Officer, effective February 28, 2025. Hamner succeeds Ronald D. Webb, who is retiring after over 10 years with the company.
Hamner joins from HR Ro(X) Consulting, where he served as owner and principal consultant. His experience includes senior HR executive positions at STG Logistics, JSR , and FOXCONN. Previously at Hewlett Packard Enterprise, he led HR for the Enterprise Group, managing a portfolio with over 60,000 employees and $30 billion in revenue.
Hamner holds an MBA from Notre Dame and a BS in Human Resources Management from the University of Nevada. He serves as a Board Member of the National Human Resources Association and teaches at UC Santa Cruz's HR Certificate Program.
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