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The American Water Charitable Foundation and New Jersey American Water Announce 2025 Hydration Station Grant Recipients
Businesswire· 2025-09-10 19:22
Core Insights - The American Water Charitable Foundation, established by American Water, is funding the installation of water bottle refill stations in New Jersey [1] - Ten organizations will receive grants to help reduce single-use plastic waste through this initiative [1] Company Overview - American Water is the largest regulated water and wastewater utility company in the U.S. [1] - The initiative aligns with the company's commitment to sustainability and environmental responsibility [1] Program Details - The Hydration Station Grant Program aims to promote access to clean drinking water in public spaces [1] - The funding will support the installation of refill stations, contributing to the reduction of plastic waste [1]
Consolidated Water (CWCO) Up 3.1% Since Last Earnings Report: Can It Continue?
ZACKS· 2025-09-10 16:30
Core Viewpoint - Consolidated Water Co. Ltd. has shown positive performance in its recent earnings report, with significant growth in earnings and revenues, leading to an optimistic outlook for the stock moving forward [2][3][10]. Financial Performance - The company reported Q2 2025 earnings per share (EPS) of 32 cents, exceeding the Zacks Consensus Estimate of 20 cents by 60% and improving 23.1% from the previous year's EPS of 26 cents [3]. - Total revenues for Q2 2025 reached $33.6 million, surpassing the Zacks Consensus Estimate of $33 million by 2.76%, and reflecting a year-over-year increase of 6.3% [4]. Segment Performance - Retail revenues increased by 6% to $8.6 million, driven by higher sales volumes, while bulk revenues decreased by 2% to $8.3 million [5]. - Manufacturing revenues saw a significant decline of 33% to $5.2 million, and services revenues fell by 4% to $11.4 million due to decreases in construction and consulting revenues [5]. Operational Highlights - Retail water sales from the Grand Cayman utility rose by 7%, attributed to reduced rainfall, population growth, and increased business activity [6]. - Gross profit for Q2 2025 was $12.83 million, up from $11.6 million in Q2 2024, while general and administrative expenses increased by nearly 14.7% to $7.6 million [6]. Financial Position - As of June 30, 2025, cash and cash equivalents totaled $112.3 million, up from $99.4 million at the end of 2024, with working capital at $137.4 million [7]. - Total long-term debt decreased to $0.05 million from $0.07 million at the end of 2024, and cash flow from operating activities for the first half of 2025 was $10.4 million, compared to $11.2 million in the previous year [7]. Market Sentiment - Recent estimates for the company have trended upward, with a consensus estimate shift of 26.79% [8]. - Consolidated Water holds a Zacks Rank 2 (Buy), indicating expectations for above-average returns in the coming months [10]. Investment Scores - The company has a Growth Score of B and a Momentum Score of B, but a lower Value Score of D, placing it in the bottom 40% for value investment strategy [9]. - The aggregate VGM Score for the stock is B, which is relevant for investors not focused on a single strategy [9].
San Bernardino Valley, Fontana Water Company and Cadiz Sign Agreement for Perchlorate Treatment in Cactus Basins
Prnewswire· 2025-09-05 17:37
Core Viewpoint - Cadiz Inc. has entered into a partnership with San Bernardino Valley Municipal Water District and Fontana Water Company to address perchlorate contamination in the Rialto-Colton Groundwater Basin, supporting the Cactus Basins Recharge Program aimed at enhancing water supply reliability and quality in San Bernardino County [2][4]. Group 1: Partnership Details - The agreement involves Cadiz providing specialized water filtration systems to Fontana Water Company for perchlorate treatment at their facilities [3]. - This initiative is part of a larger 200,000 acre-foot water supply agreement signed in 2024 between Fontana Water Company and Cadiz [3]. Group 2: Program Objectives - The Cactus Basins Recharge Program is designed to improve water supply reliability and address legacy perchlorate contamination while enhancing groundwater supply benefits for local communities [4]. - The program will utilize imported State Water Project water for recharge, although planning has faced delays due to contamination concerns [6]. Group 3: Regional Water Security Challenges - San Bernardino County is facing threats to long-term water security due to climate-related risks and variability in State Water Project deliveries, necessitating a coordinated approach to water infrastructure investment [4]. - The county aims to maximize local water reuse, recharge groundwater basins, and reduce reliance on imported water [4]. Group 4: Company Background - Cadiz, Inc. is a California water solutions company focused on providing access to clean and reliable water through various supply, storage, pipeline, and treatment solutions [9]. - The company operates the Mojave Groundwater Bank project, which is a significant groundwater storage and supply initiative in the eastern Mojave Desert [9].
York Water: I Reiterate My Buy Rating Near Multi-Year Lows
Seeking Alpha· 2025-09-05 15:36
Group 1 - The article discusses the investment potential of Northwest Natural (NWN), highlighting its growing water utility subsidiary as a key area of opportunity [1] - The author expresses a bullish outlook on Northwest Natural, suggesting that the market may be undervaluing the company's prospects [1] - The investment group led by Ian Bezek offers various features including market analysis, trade alerts, and direct access to the author for members [1] Group 2 - Ian Bezek has a background as a hedge fund analyst and has extensive experience conducting research in Latin American markets [2] - The focus of the analysis includes high-quality compounders and growth stocks available at reasonable prices in both the US and developed markets [2]
Empowered Hosted by Meg Ryan to Feature Cadiz Inc. Leaders in National Public Television Segment Airing in September
Prnewswire· 2025-09-04 16:27
Core Insights - Cadiz Inc. is featured in a segment on the public television series Empowered, highlighting the impacts of climate change on water access and the need for infrastructure modernization [1][2][3] - The segment includes insights from Cadiz's CEO Susan Kennedy, emphasizing that access to water will be a significant climate challenge in the next decade [3] - Cadiz aims to provide clean, reliable, and affordable water through innovative solutions, including repurposing idle oil and gas pipelines for water conveyance [1][4] Company Overview - Cadiz, Inc. was founded in 1983 and is dedicated to providing water solutions in California, with 45,000 acres of land and a water supply of 2.5 million acre-feet [4] - The company has 220 miles of pipeline assets and offers cost-effective water treatment filtration technology [4] - Cadiz's mission is to address the impacts of climate change on clean water access through a combination of supply, storage, pipeline, and treatment solutions [4] Media Engagement - The Empowered segment featuring Cadiz will air nationwide starting September 8, 2025, with promotional content also airing on CNBC [1][3] - A full-length version of the segment will be available on Cadiz's website and social media channels, including additional interviews and local footage [3]
H2O America Releases 2024 Corporate Sustainability Report
Globenewswire· 2025-09-04 13:15
Core Insights - H2O America has released its 2024 Corporate Sustainability Report, showcasing its sustainability efforts and community impact across multiple states [1][2]. Sustainability Achievements - The company achieved a 43% reduction in Scope 1 and 2 greenhouse gas emissions from the 2019 baseline, moving towards a 2030 goal of 50% reduction [10]. - Solar energy generation increased by 73%, with the addition of eight new solar projects, including the first in Texas [10]. - A total of $353 million was invested in water infrastructure, which included the replacement of 46 miles of pipeline and the installation of over 20,000 smart meters [10]. Water Quality and Compliance - H2O America reported zero violations of drinking water standards across all subsidiaries, with over 73,000 compliance samples conducted [10]. Community Engagement - The company made $400,000 in charitable donations and launched the Force for Good Foundation to support local nonprofits [10]. Customer Satisfaction - H2O America achieved an 85.2% customer satisfaction rate and expanded flexible payment plans and rate assistance programs [10]. Governance - The board of H2O America is majority-female, with eight out of ten members being independent, and the company has initiated an enterprise risk management program [10].
Global Water Resources to Present at Janney Virtual Water Utilities Conference, September 17, 2025
Globenewswire· 2025-09-04 12:31
Core Insights - Global Water Resources, Inc. has been invited to present at the Janney Water Utilities Conference on September 17, 2025, highlighting its role in the water resource management sector [1][3]. Financial Performance - In Q2 2025, the company reported a revenue increase of 5.4% to $14.2 million, with net income at $0.06 per share, supporting its monthly-paid dividend of $0.30396 per share on an annualized basis [4]. Market Position and Strategy - The company is recognized for its leadership in utility consolidation, automation, and water resource management, with an active M&A program expanding its portfolio in major metro growth corridors around Phoenix and Tucson, Arizona [5]. Water Management Practices - Global Water Resources operates 39 systems providing water, wastewater, and recycled water services, recycling over 1 billion gallons of water annually, totaling 18.5 billion gallons since 2004 [8]. Recognition and Awards - The company has received national recognition as a 'Utility of the Future Today' for its effective water reuse practices and has been awarded for its leadership in public asset management strategies [10][11]. Total Water Management (TWM) - The company implements Total Water Management (TWM), an integrated approach to managing the entire water cycle, which enhances the beneficial use of recycled water and promotes smart water management programs [9].
Wall Street's Greatest Dividend Stock Makes for a Screaming Buy in September -- and It's a Company 99% of Investors Have Likely Never Heard of Before
The Motley Fool· 2025-09-04 07:51
Core Insights - The article highlights the significance of dividend stocks in long-term investing, emphasizing that they have historically outperformed non-dividend stocks and provided stability during market fluctuations [2][3][5]. Company Insights - York Water has paid a continuous dividend since 1816, making it the longest-running dividend-paying public company in the U.S., surpassing other notable companies like Stanley Black & Decker by 60 years [12]. - The company operates as a water and wastewater utility, servicing 57 municipalities in South-Central Pennsylvania, which contributes to its low trading volume and limited public awareness [11]. - York Water's business model benefits from predictable operating cash flow due to its monopoly status in its service areas, allowing for stable revenue projections [13][15]. - The company has a strong track record of securing rate increases from the Pennsylvania Public Utility Commission, with a recent request that could increase annual revenue by $24.2 million, or 32% [16]. Industry Insights - Approximately 80% of S&P 500 companies pay dividends, but only 56 qualify as Dividend Kings, having increased their payouts for at least 50 years [7][8]. - The rarity of companies like York Water, which have paid dividends for over a century, positions them as unique investment opportunities within the broader dividend stock market [9]. - York Water's current valuation is historically low, trading at less than 20 times forward-year earnings, which is a 33% discount compared to its average over the past five years, combined with a 2.8% dividend yield [17].
California Water Service Group Earns “World's Most Trustworthy Companies” Designation by Newsweek for Third Consecutive Year
Globenewswire· 2025-09-03 21:00
Core Insights - California Water Service Group has been recognized by Newsweek as one of the "World's Most Trustworthy Companies" for the third consecutive year [1][2][3] - The company was also named one of "America's Most Trustworthy Companies" for 2025, highlighting its commitment to integrity and customer trust [1][3] - The recognition is based on feedback from customers, investors, and employees, as well as extensive surveys and social listening analysis [2][3] Company Overview - California Water Service Group is the largest regulated water utility operating exclusively in the western United States, serving over 2.1 million people across multiple states [4][5] - The company focuses on enhancing the quality of life for its stakeholders through responsible investments in water and wastewater infrastructure and sustainability initiatives [5] - It has received multiple accolades, including being named one of "America's Most Responsible Companies" and a "USA Top Workplace" [5]
California Water Service Increases Rebates on Water-Efficient Devices to Encourage Customers to Save Water Every Day
Globenewswire· 2025-09-02 21:45
Core Insights - California Water Service (Cal Water) has increased the value of conservation rebates to encourage customers to save water [1] - The company offers rebates on various indoor and outdoor conservation-related products, including high-efficiency clothes washers and low-water-use landscaping [1][4] - The CEO emphasizes the company's commitment to providing value to customers while being a responsible steward of natural resources [3] Rebate Details - Residential high-efficiency toilets now have rebates up to $150 [4] - Residential high-efficiency clothes washers now have rebates up to $500 [4] - Residential lawn-to-garden conversions offer rebates up to $5 per square foot [4] - Commercial high-efficiency toilets now have rebates up to $200 [4] - Commercial high-efficiency urinals now have rebates up to $300 [4] - Commercial lawn-to-garden conversions offer rebates up to $3 per square foot [4] Company Overview - California Water Service provides water utility services to over 2.1 million people through 499,400 service connections [3] - The company focuses on enhancing the quality of life for customers and communities by investing in water and wastewater infrastructure and sustainability initiatives [3] - Cal Water has been recognized as one of "America's Most Responsible Companies" and one of the "World's Most Trustworthy Companies" by Newsweek [3]