California Water Service Group CWT Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Healey David B

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-39

Price:

$57.89
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Kropelnicki Martin A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-283

Price:

$57.89
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Milleman Greg A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-32

Price:

$57.89
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Mares Michael S JR

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-44

Price:

$57.89
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Townsley Paul G.

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-49

Price:

$57.89
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Ouyang Elissa Y

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-33

Price:

$57.89
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Luu Michael B

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-41

Price:

$57.89
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

McGhee Lynne P

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-58

Price:

$57.89
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Dean Shannon C

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-54

Price:

$57.89
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Kuta Robert J

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-56

Price:

$57.89

Filings by filing date

Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Healey David B

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-39

Price:

$57.89
Jun 01, 2023 (filed on Jun 05, 2023)

Insider Name:

Healey David B

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-38

Price:

$56.12
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Kropelnicki Martin A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-283

Price:

$57.89
Jun 01, 2023 (filed on Jun 05, 2023)

Insider Name:

Kropelnicki Martin A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-276

Price:

$56.12
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Milleman Greg A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-32

Price:

$57.89
Jun 01, 2023 (filed on Jun 05, 2023)

Insider Name:

Milleman Greg A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-51

Price:

$56.12
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Mares Michael S JR

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-44

Price:

$57.89
Jun 01, 2023 (filed on Jun 05, 2023)

Insider Name:

Mares Michael S JR

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-44

Price:

$56.12
Jun 03, 2023 (filed on Jun 05, 2023)

Insider Name:

Townsley Paul G.

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-49

Price:

$57.89
Jun 01, 2023 (filed on Jun 05, 2023)

Insider Name:

Townsley Paul G.

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-43

Price:

$56.12

News

Biz Brief

Sector: Utilities	Industry: Water Utilities

See Regulatory Filings on SEC

Company Contact

Address:	C/O CALIFORNIA WATER SERVICE CO 1720 N FIRST ST SAN JOSE CA 95112
Tel:	N/A
Website:	https://www.calwatergroup.com
IR:	See website

Key People

Martin A. Kropelnicki Chairman of the Board, President, Chief Executive Officer	Robert J. Kuta Vice President - Engineering and Chief Water Quality and Environmental Compliance Officer	Thomas F. Smegal Chief Financial Officer, Vice President, Treasurer
Ronald D. Webb Chief Human Resource Officer, Vice President	Michael B. Luu Senior Vice President - Corporate Services, Chief Risk Officer	Thomas A. Scanlon Corporate Controller, Principal Accounting Officer
Michael S. Mares Vice President - Operations	Shawn C. Bunting Vice President, General Counsel, Corporate Secretary	Michelle R. Mortensen Vice President, Corporate Secretary, Chief of Staff
Shannon C. Dean Vice President - Customer Service and Chief Citizenship Officer

Business Overview

California Water Service Group is a holding company, which provides water utility and other related services in California, Washington, New Mexico, Hawaii and Texas through its subsidiaries. The Company's subsidiaries include California Water Service Company, New Mexico Water Service Company, Washington Water Service Company, Hawaii Water Service Company, Inc., TWSC, Inc., CWS Utility Services and HWS Utility Services LLC. The Company's business is conducted through its operating subsidiaries and provides utility services. The bulk of the business consists of the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public and irrigation uses, and the provision of domestic and municipal fire protection services. It provides wastewater collection and treatment services, including treatment which allows water recycling. It also offers non-regulated services, such as full water system operation, billing, and meter reading services.

Financial Overview

For the three months ended 31 March 2023, California Water Service Group revenues decreased 24% to $131.1M. Net loss totaled $22.2M vs. income of $1.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Administrative and general - Balancing increase of 9% to $35.9M (expense), SubTotal increase of 12% to $12.8M (expense).

Employees:	1,225 as of Dec 31, 2022

Reporting Currency:	U.S. Dollars
Enterprise value:	$4,375M as of Mar 31, 2023
Annual revenue (TTM):	$804.54M as of Mar 31, 2023
EBITDA (TTM):	$222.58M as of Mar 31, 2023
Net annual income (TTM):	$72.71M as of Mar 31, 2023
Free cash flow (TTM):	-$185.91M as of Mar 31, 2023
Net Debt Last Fiscal Year:	$1,133M as of Mar 31, 2023
Shares outstanding:	55,991,091 as of Apr 4, 2023
Index Membership:	S&P 600 Small Cap
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization