LOS ANGELES--(BUSINESS WIRE)--California American Water, in collaboration with the American Water Charitable Foundation, a philanthropic non-profit organization established by American Water (NYSE: AWK), announced today that the Foundation awarded a $30,000 State Strategic Impact grant to Wayfinder Family Services. Funding will support children and youth Foster Care, Adoption and Post-Adoption programs to help ensure they have access to high-quality services. "Wayfinder is grateful to Californi. ...

Xylem Inc. (NYSE:XYL) is one of the best smart city stocks. On September 11, Xylem and Amazon announced a collaboration for advanced water management technology in Mexico City and Monterrey to conserve over 1.3 billion liters of water per year. The project will deploy Xylem Vue, a software solution that applies data analytics to spot leaks and lower water waste, aiming to conserve about 800 million liters annually in Mexico City and 560 million liters in Monterrey. Xylem (XYL), Amazon Partner To Support ...

Core Viewpoint - Essential Utilities (WTRG) is positioned for growth through strategic investments and acquisitions, enhancing its water, wastewater, and natural gas infrastructure [1][2] Investment Plans - The company plans to invest $7.8 billion from 2025 to 2029 to improve its water and natural gas systems, with an expected investment of $1.4-$1.5 billion in 2025 [2][9] - These investments aim to utilize enhanced information technology to better serve customers [2] Customer Growth and Acquisitions - Since 2015, WTRG has expanded its utility operations through numerous acquisitions, adding over 135,000 customers [3] - The company anticipates a 2-3% growth in its water segment customer base through both acquisitions and organic growth [3][9] - Pending acquisitions are expected to add more than 200,000 customers, with additional opportunities totaling 400,000 customers [4][9] Industry Consolidation - The U.S. water utility sector is fragmented, necessitating consolidation for infrastructure improvements [7] - Other companies, such as American Water Works (AWK) and California Water Service Group (CWT), are also pursuing acquisitions to expand their customer bases and enhance service delivery [7][8] Competitive Landscape - AWK has completed six acquisitions as of June 30, 2025, adding 7,600 customers, with 20 pending acquisitions expected to add another 40,650 customers [7] - CWT focuses on expanding operations in high-growth regions through strategic acquisitions [10] - Middlesex Water Company (MSEX) is actively consolidating the sector by acquiring smaller, independent water systems [10]

Core Insights - V2X, Inc. has been awarded an $84 million task order under the U.S. Navy's Global Contingency Services Multiple Award Contract III, which includes a one-year base period and three additional option years [1][2] - The task order supports V2X's ongoing efforts at Red Hill, Hawaii, focusing on establishing a safe and reliable water supply system for the U.S. Military [2] - The award highlights V2X's commitment to providing essential services and its proven track record in meeting customer needs globally [2] Company Overview - V2X integrates physical and digital environments to enhance mission readiness, optimize resource management, and boost security across various sectors, including national security and defense [3] - The company employs approximately 16,000 professionals and leverages AI and machine learning to address complex challenges in operational domains [3]

MADISON, Ill.--(BUSINESS WIRE)--The City of Madison Wastewater Collections Systems Adds Approximately 1,500 Wastewater Customers to Company's Metro East Footprint Near St. Louis. ...

Core Viewpoint - California Water Service Group's subsidiary, Washington Water Service, has requested a water rate increase of $14.9 million to cover costs related to system improvements and rising operational expenses over the past two years [1][2]. Summary by Sections Rate Increase Request - Washington Water Service has filed a request with the Washington Utilities and Transportation Commission to increase water rates by $14.9 million [1]. - The proposed increase is aimed at recovering costs associated with improvements and maintenance of local water systems, as well as increased operational expenses [1][2]. Investment Details - Major investments include the installation of water mains across various systems, treatment facilities for contaminants, and upgrades to booster pump stations [7]. - Specific projects include: - 1,000 feet of water main in Minterbrook, 700 feet in Sunshine Acres, and 2,500 feet in Ranch Acres Shores [7]. - Treatment facilities to remove lead, copper, arsenic, iron, and manganese in different systems [7]. Operational Costs - The rate increase accounts for higher operating expenses, including material and equipment costs, depreciation from new facilities, and increased labor costs [2]. - Additional costs are related to compliance with new federal regulations regarding PFAS testing [2]. Commitment to Service - The company emphasizes its commitment to providing safe, clean, and reliable water at affordable rates while managing expenses amid rising costs and stringent regulations [3]. - If approved, the new rates could take effect as early as November 15, 2025 [3]. Company Overview - California Water Service Group is the largest regulated water utility in the western United States, serving over 2.1 million people across multiple states [4]. - The company focuses on enhancing the quality of life for customers and communities through responsible investments in water infrastructure and sustainability initiatives [5].

Summary of Pure Cycle Corporation Conference Call Company Overview - **Company Name**: Pure Cycle Corporation - **Ticker**: PCYO - **Industry**: Water and Wastewater Management, Land Development Key Points and Arguments 1. **Leadership Team**: The company boasts a strong leadership team with extensive experience in water management and land development, including a CFO with a background in audit and a VP of Engineering with over 40 years in the field [2][3][4] 2. **Business Segments**: Pure Cycle operates in three primary segments: water and wastewater services, land development, and single-family rentals [4][5] 3. **Water Rights Portfolio**: The company holds a valuable portfolio of water rights in Denver, Colorado, with a modest cost basis of $14.5 million, which has appreciated significantly over 35 years [5][9] 4. **Revenue Potential from Water Services**: The company can serve approximately 60,000 residential units with its water rights, generating potential top-line revenue of about $2.5 billion from connection fees, with a construction cost of around $1 billion [10][12] 5. **Land Development**: Pure Cycle is a master-planned community developer, delivering lots to national homebuilders and retaining some for its own rental portfolio. The company has delivered about 1,000 lots, generating approximately $80 million in sales [6][17] 6. **Single-Family Rentals**: The company is building single-family homes, with plans to maintain about 10% of the overall community in its portfolio, aiming for a total of 300 rental units [20][22] 7. **Financial Position**: Pure Cycle has a strong balance sheet with $60 million in liquidity and minimal debt of $7 million, primarily used for financing construction [7][8][22] 8. **Market Position**: The company focuses on entry-level homes, which are in high demand, and anticipates growth in customer accounts to 2,500-3,000 over the next three to five years [22][23] 9. **Growth Outlook**: The company plans to complete the Sky Ranch project, which includes 5,000 single-family units, within the next five years, while also increasing its rental portfolio [24][25] Additional Important Information - **Connection Fees**: The company charges approximately $42,000 per connection, which is expected to increase by about 3% annually [10][23] - **Water Supply Value**: Water supply can increase land value significantly, with water being nearly three times as valuable as land without it [14] - **Community Development**: The company is developing a charter school campus as part of its community development efforts, enhancing the attractiveness of its residential offerings [18] - **Shareholder Value**: Pure Cycle is actively engaged in share repurchases to address perceived undervaluation in the market [25][26]

Core Points - California Water Service (Cal Water) has launched its seventh annual Firefighter Grant Program to support local fire departments with funding for life-saving equipment and training [1][2] - Since its inception in 2019, the program has provided over $1 million in grants to 27 fire departments, with individual grants ranging from $10,800 to $38,400 [2][3] - The program is part of Cal Water's commitment to community partnership and emergency response coordination, enhancing local fire departments' capabilities [3][4] Funding Details - The grants are aimed at offsetting costs for essential fire protection equipment, training, and education for both professional and volunteer fire departments [1][2] - Equipment funded includes ballistic helmets, portable radios, wildland firefighting gear, cardiac EKG monitors, and mental wellness coaching [2] - The application period for the current cycle is open until November 7, 2025, with notifications for recipients planned for late fall [3] Company Overview - California Water Service provides water utility services to over 2.1 million people through 499,400 service connections [6] - The company focuses on enhancing community quality of life through responsible investments in infrastructure and sustainability initiatives [6] - Cal Water has received recognition as one of "America's Most Responsible Companies" and "World's Most Trustworthy Companies" by Newsweek [6]

Core Insights - American Water Works Company, Inc. (NYSE:AWK) is recognized as one of the 11 Best Value Dividend Stocks to buy currently [1] - The company serves over 14 million people across 14 states, with 92% of its operating revenue derived from regulated utility operations in 2024 [2] Company Strategy - The company's strategy focuses on obtaining regulatory approval for rate changes, investing in infrastructure modernization, and pursuing selective acquisitions [3] - Regulatory approval is crucial as it impacts customer pricing and infrastructure cost recovery, which are vital for the company's performance [3] - Ensuring efficiency while adhering to environmental and health standards is essential for long-term stability and growth [3] Dividend Policy - American Water Works has consistently raised its dividends since 2008, currently offering a quarterly dividend of $0.8275 per share [4] - The company has a dividend yield of 2.43% as of September 26 [4]

Core Points - The Association of California Water Agencies (ACWA) has elected Ernesto "Ernie" Avila as president and Carol Lee Gonzales-Brady as vice president for a two-year term starting January 1, 2026 [1][5] Group 1: Leadership Changes - Ernesto Avila, currently ACWA's vice president, has been elected as president, succeeding Cathy Green [3][5] - Carol Lee Gonzales-Brady will replace Avila as vice president; she has served on the Rancho California Water District Board since 2017 [4][5] Group 2: Leadership Background - Avila has over 42 years of experience in water-related fields and has held various leadership positions, including director of engineering at Contra Costa Water District [2] - Gonzales-Brady has experience in federally regulated industries and is involved with the Southern California Water Coalition and Urban Water Institute [4] Group 3: ACWA Overview - ACWA is the largest statewide coalition of public water agencies in the U.S., with approximately 470 members responsible for about 90% of California's water delivery [5]