California Water Service Group (CWT) News
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CWT News Highlights
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Latest CWT News From Around the Web
Below are the latest news stories about CALIFORNIA WATER SERVICE GROUP that investors may wish to consider to help them evaluate CWT as an investment opportunity.
California Water Service Group Promotes Kenneth G. Jenkins to Vice President, Water Resources Planning and SustainabilitySAN JOSE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE:CWT) today announced the promotion of Kenneth G. Jenkins to the newly created position of Vice President, Water Resources Planning and Sustainability, effective January 1, 2025. According to Chairman and Chief Executive Officer Martin A. Kropelnicki, Jenkins has demonstrated his commitment to water supply resilience and climate change adaptation, helping the company improve its overall planning for t |
California Water Service Group (NYSE:CWT) is largely controlled by institutional shareholders who own 84% of the companyKey Insights Institutions' substantial holdings in California Water Service Group implies that they have significant... |
California Water Service Group (NYSE:CWT) Is Looking To Continue Growing Its Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is... |
California Water Service Awards More Than $175,000 in Grants to Seven Fire DepartmentsSAN JOSE, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- To support local fire departments and their efforts to provide rescue and emergency services, California Water Service (Cal Water) today announced it will award more than $175,000 in grants to seven California fire departments as part of the utility’s sixth annual Firefighter Grant Program. “As a water provider, we partner closely with fire departments in our service areas, so they have access to a reliable supply of water and pressure to keep |
Tortoise Capital Announces Index Updates for Fourth Quarter 2024Tortoise Capital today announced upcoming additions and deletions to its indices as part of its regular quarterly rebalancing for the fourth quarter of 2024. Following the close of trading on Friday, Dec. 20, 2024, the indices will be rebalanced according ... |
Sector Update: Energy Stocks Rise Late AfternoonEnergy stocks were higher late Wednesday afternoon, with the NYSE Energy Sector Index adding 0.6% an |
This Water Utility Stock Trades At A Discount: AnalystBofA Securities analyst Ross Fowler initiated coverage on California Water Service Group (NYSE:CWT) with a Buy rating and price forecast of $57, which implies an upside potential of 17%. Per Fowler, the company is currently trading at the lowest valuation compared to other U.S. water utilities, even though its earnings outlook is improving and it has significant capital investment plans for 2025-2028. California Water also has extra financial capacity to increase capital spending if needed. The |
California Water Service Improving Earnings Visibility a Catalyst for Share Gains, BofA SaysCalifornia Water Service Group's (CWT) improving earnings visibility and higher capital expenditure |
California Water Unit Hawaii Water to Acquire KSSCS Wastewater SystemCWT, along with its subsidiaries, is expanding operations through inorganic routes and making necessary investments to upgrade acquired assets. |
California Water Service Group Completes Purchase of Kukui’ula South Shore Community Services’ Wastewater SystemSAN JOSE, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Expanding its operations on The Garden Isle, California Water Service Group (NYSE: CWT) subsidiary Hawaii Water Service (Hawaii Water) finalized the acquisition of Kukui’ula South Shore Community Services’ (KSSCS) wastewater system assets yesterday. Hawaii Water will now own and manage the collection-only wastewater utility, which currently serves about 440 residential, commercial, and resort customers. The system, which is located in southeast |