Core Points - California Water Service Group will release its 2025 second-quarter earnings results on July 31, 2025, at 9:00 a.m. ET, followed by a conference call at 11:00 a.m. ET [1] - The conference call will be hosted by key executives including Chairman and CEO Martin A. Kropelnicki, CFO James P. Lynch, and Chief Business Development Officer Shilen M. Patel [2] - A slide presentation will be available on the company's website prior to the call [2] Company Overview - California Water Service Group is the parent company of several regulated utilities, including California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and Texas Water Service [3] - The company provides regulated and non-regulated water and wastewater services to over 2 million people across California, Hawaii, New Mexico, Texas, and Washington [3] - The common stock of California Water Service Group trades on the New York Stock Exchange under the symbol "CWT" [3]

Core Insights - California Water Service Group has received an A+/Stable credit rating from S&P Global for its largest subsidiary, California Water Service (Cal Water), indicating an "excellent" business risk rating and "intermediate" financial risk rating [1] - The Chairman & CEO, Martin A. Kropelnicki, expressed satisfaction with the rating, highlighting it as validation of Cal Water's strong balance sheet, fiscal discipline, and credit metrics, which enable responsible infrastructure investments [1] Company Overview - California Water Service Group is the parent company of several regulated utilities, including California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and Texas Water Service, collectively serving over 2.1 million people across multiple states [2] - The company's common stock is traded on the New York Stock Exchange under the symbol "CWT" [2]

Core Points - Hawaii Water Service has received approval to increase annual revenue by $276,900 in its Ka'anapali system due to infrastructure upgrades and increased operating costs [1] - The last adjustment to base water rates for Ka'anapali was in 2016 [1] - The Hawaii Public Utilities Commission approved a new tiered structure for usage rates to encourage water conservation and support affordability for lower water-using customers, effective April 18, 2025 [2] Company Overview - Hawaii Water Service is a subsidiary of California Water Service Group, which provides regulated and non-regulated water and wastewater services to over 2.1 million people across multiple states [3] - California Water Service Group's common stock trades on the New York Stock Exchange under the symbol "CWT" [3] Infrastructure Investments - Significant investments in the Ka'anapali service area include upgrades to two storage tanks and reservoirs, installation of two additional generators for power outage reliability, and routine replacement of pumping equipment [5]

Core Points - California Water Service Group declared its 321st consecutive quarterly dividend of $0.30 per common share, payable on May 23, 2025, to stockholders of record as of May 12, 2025 [1] Company Overview - California Water Service Group is the parent company of regulated utilities including California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and Texas Water Service, providing water and wastewater services to over 2.1 million people across these states [2]

Core Viewpoint - California Water Service Group reported strong operational and financial performance for 2024, highlighting significant revenue growth and capital investments aimed at enhancing water supply sustainability [3][6]. Financial Results - Q4 2024 operating revenue reached $222.2 million, up from $214.5 million in Q4 2023, marking an increase of $7.7 million [7]. - Full year 2024 operating revenue was $1.037 billion, compared to $794.6 million in 2023, reflecting a $242.4 million increase [6][26]. - Diluted earnings per share for 2024 were $3.25, a significant rise from $0.91 in 2023 [6][26]. - Net income attributable to the Group for Q4 2024 was $19.7 million, down from $30.1 million in Q4 2023 [7]. - Full year net income attributable to the Group was $190.8 million, compared to $51.9 million in 2023 [6][26]. Capital Investment - The company achieved a record capital investment of $471.0 million in water system infrastructure for 2024, a 23% increase from the previous year [6][10]. - The California Public Utilities Commission (CPUC) authorized Cal Water to issue up to $1.3 billion in new debt and equity securities [9]. Regulatory Activity - The 2024 General Rate Case (GRC) was filed, proposing over $1.6 billion in investments from 2025-2027 to enhance water supply reliability and sustainability [11][13]. - Proposed rate adjustments include an increase of $140.6 million (17.1%) in 2026, $74.2 million (7.7%) in 2027, and $83.6 million (8.1%) in 2028 [11]. Emergency Response and Preparedness - The company maintained emergency response leadership throughout 2024, conducting training and drills to prepare for potential emergencies [17]. - Investments of nearly $55 million over the past five years have been made to mitigate wildfire risks through infrastructure upgrades and strategic management [19].