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Washington Utilities and Transportation Commission Sets New Rates for Washington Water Service's Stroh's Water System to Help Keep Service Safe and Reliable
GlobeNewswire News Room· 2025-06-04 20:15
GIG HARBOR, Wash., June 04, 2025 (GLOBE NEWSWIRE) -- Washington Water Service (Washington Water), a subsidiary of California Water Service Group (NYSE: CWT), has received approval from the Washington Utilities and Transportation Commission (UTC) to increase annual revenue by approximately $178,000 in its Stroh’s water system and adjust water rates accordingly. This increase in annual revenue will be phased in over two years to reduce the impact to customers, with rates reflecting half of the change effectiv ...
4 Stocks to Watch From the Thriving Water Supply Industry
ZACKS· 2025-06-04 17:06
The companies under the Zacks Utility - Water Supply industry operate continuously to deliver a steady supply of clean, potable water and dependable sewer services to millions across the United States, services that are vital for maintaining public health and hygiene. Traditionally, water demand tends to dip during the winter months, as colder weather limits outdoor usage. In the spring, demand remains moderate, influenced by milder temperatures and gradually increasing outdoor activities.The aging of pipel ...
Artesian Resources (ARTNA) Could Be a Great Choice
ZACKS· 2025-06-04 16:51
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that meas ...
Here's Why Hold Strategy is Apt for Xylem Stock Right Now
ZACKS· 2025-06-04 16:01
Key Takeaways XYL sees strength in smart metering, infrastructure projects and building solutions, driving segment growth. Backlog hit $5.1B in Q1 2025, supported by solid demand across utility, industrial and building markets. Evoqua and Idrica deals boost XYL's capabilities, but rising costs and $1.97B debt pressure margins.Xylem Inc. (XYL) is benefiting from solid momentum in the Measurement & Control Solutions segment, driven by robust demand for advanced technology solutions like smart metering and o ...
Cambrian and ING Announce $150 Million Facility
Prnewswire· 2025-06-04 12:59
Group 1 - Cambrian has closed a $150 million credit facility with ING Capital LLC to support the expansion of its Water-Energy Purchase Agreement (WEPA) offerings, bringing its total commitment to over $350 million [1][3] - The WEPA platform provides decentralized wastewater treatment, water reuse, and renewable energy services to industrial facilities in North America, addressing the challenges of water supply and aging infrastructure [2] - The partnership with ING is seen as a significant milestone in Cambrian's mission to transform water and energy infrastructure, enabling cost reductions and sustainable solutions for clients [3] Group 2 - Cambrian has previously committed $200 million in equity to the WEPA model in the commercial and industrial water and energy market, indicating strong growth and investment in sustainable practices [3] - ING Capital LLC is recognized for its commitment to sustainable finance and supports companies that lead in sustainable innovation, aligning with Cambrian's goals [3][4]
CWTI Closed Private Placement – $209,450
Globenewswire· 2025-06-03 19:45
Core Points - Current Water Technologies Inc. has successfully closed a private placement raising a total of $209,450 CAD [1][2] - The company issued 6,981,667 units at a price of $0.03 per unit, with each unit consisting of one Common Share and one Share Purchase Warrant [2] - Each Warrant allows the holder to purchase one Common Share at an exercise price of $0.06, exercisable for three years from the closing date [2] Private Placement Details - The private placement was conducted under the minimum price exception within Policy 1.1 of the TSXV Corporate Manual, allowing issuance at the market price with a minimum of $0.01 [3] - No finder's fees were paid in connection with the private placement [2] - Gene Shelp, the CEO, participated in the private placement by acquiring 1,315,000 units and warrants, which are considered related party transactions [4] Insider Participation - The participation of insiders did not materially change the percentage of outstanding securities owned by them, and the company is exempt from formal valuation and minority shareholder approval requirements [4] - The common shares issued to insiders are subject to a four-month hold period as per TSX-V policies [4] Company Overview - Current Water Technologies is a technology company specializing in patented electrochemical technologies for wastewater treatment, desalination, and drinking water purification [5] - The company operates in sectors including mining, metal processing, chemical, agricultural, municipal, and waste management [5] - Pumptronics Incorporated, a division of the company, focuses on custom design and automation of integrated pump stations [5] Trading Information - The common shares of Current Water Technologies trade on Tier II of the TSX Venture Exchange under the symbol "WATR" [6]
Consolidated Water Raises Shareholders' Value, Hikes Dividend by 47.4%
ZACKS· 2025-06-03 15:36
Key Takeaways CWCO raised its quarterly dividend by 47.4% year over year to 14 cents per share. The stable performance of its retail, bulk and manufacturing segments has resulted in a dividend hike. A $204 million Hawaii project and favorable outlook for its services segment to fuel future dividend growth.Consolidated Water Co. Ltd. (CWCO) announced that its board of directors has approved a year-over-year increase in the quarterly dividend rate by 47.4% from 9.5 cents in third-quarter 2024. The revised q ...
Ferguson plc(FERG) - 2025 Q3 - Earnings Call Presentation
2025-06-03 13:21
Third Quarter Results Presentation Results to April 30, 2025 Legal Disclaimer Cautionary note on forward-looking statements Certain information included in this presentation and discussed on the conference call that this presentation accompanies is forward-looking, including within the meaning of the Private Securities Litigation Reform Act of 1995, and involves risks, assumptions and uncertainties that could cause actual results to differ materially from those expressed or implied by forward-looking statem ...
Decent Holding Inc. Announces the Approval of Dual-Class Share Structure and Governance Enhancements
GlobeNewswire News Room· 2025-06-03 12:00
Yantai, China, June 03, 2025 (GLOBE NEWSWIRE) -- Decent Holding Inc. (Nasdaq: DXST) (“Decent” or the “Company”), an established wastewater treatment services provider in China, today announced the successful adoption of a special resolution to reclassify its authorized share capital and implement updated governance provisions, effective immediately. Under the resolution, the Company has adopted change in the authorized share capital of US$50,000 divided into 500,000,000 shares of a par value of US$0.0001 ea ...
Consolidated Water Increases Dividend and Declares Third Quarter Cash Dividend of $0.14 per Share
Globenewswire· 2025-06-02 12:31
Core Points - Consolidated Water Co. Ltd. has increased its quarterly cash dividend to $0.14 per share for Q3 2025, marking a 27.3% increase from the previous quarter's dividend of $0.11 per share [1][2] - The dividend is payable on July 31, 2025, to shareholders of record as of July 1, 2025 [2] - The company's positive financial performance across its retail, bulk, and manufacturing segments has contributed to increased cash flows and liquidity, prompting the board's decision to raise the dividend [3] - Consolidated Water reported revenue of $33.7 million and earnings per share of $0.30 in Q1 2025 [3] Company Overview - Consolidated Water Co. Ltd. specializes in the development and operation of advanced water supply and treatment plants, including seawater desalination facilities in the Cayman Islands, The Bahamas, and the British Virgin Islands [4] - The company is also engaged in designing, constructing, and operating water treatment and reuse facilities in the United States, with a notable $204 million project for a seawater desalination plant in Hawaii currently underway [4] - Additionally, the company manufactures and services a variety of products and provides design, engineering, management, and operational services related to commercial and municipal water production, supply, and treatment [5]