California Water Service Group
CWT | NYSE
$48.82
+$0.32 (+0.66%)
Nov 2, 2026, 10:58 AM ET · Market open
Company Profile
California Water Service Group (CWT), through its various subsidiaries, operates as a water utility, delivering essential water services and related offerings across several states, including California, Washington, New Mexico, Hawaii, and Texas. The company's operations encompass the entire water supply chain, from procuring, storing, treating, and rigorously testing water to its widespread distribution and ultimate sale. This water is utilized for a diverse array of purposes, spanning domestic consumption, industrial processes, public use, agricultural irrigation, and crucial fire protection. The group serves a substantial customer base, catering to approximately 494,500 connections across 100 communities in California. Moreover, on the Hawaiian islands of Maui and Hawaii, it manages roughly 6,200 water and wastewater customer hookups. In Washington, approximately 36,400 connections receive service in locations such as Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor. New Mexico communities like Belen, Los Lunas, Indian Hills, and Elephant Butte are served by roughly 8,600 water and wastewater connections. Beyond its core regulated utility functions, California Water Service Group provides various non-regulated, water-related services. These include the management of water systems for both municipal and private entities, the operation of recycled water distribution networks, and specialized services such as water system operation, meter reading, and billing for external companies and public bodies. Furthermore, it generates income by leasing communication antenna sites on its land to telecommunications companies, and it manages the billing of optional third-party insurance schemes for its residential clients. Laboratory services are also part of its offerings. Lastly, the organization handles wastewater collection and purification processes. Established in 1926, the company's corporate headquarters are situated in San Jose, California.
Key Executives
| Name | Position |
|---|---|
| Martin A. Kropelnicki | Chairman, President & Chief Executive Officer |
| James Patrick Lynch | Senior Vice President, Chief Financial Officer, Principal Financial Officer & Treasurer |
| Shawn C. Bunting | Senior VP of Business Development & Chief Legal Officer |
| Kris A. Hamner | Vice President & Chief Human Resource Officer |
| Michael Luu | Senior Vice President of Corporate Services & Chief Risk Officer |
| Michael S. Mares Jr. | Senior Vice President of Operations |
| Shannon C. Dean | Senior Vice President of Customer Service & Chief Sustainability Officer |
| Shilen Patel | Chief Business Development Officer |
| Thomas A. Scanlon | VP, Corporate Controller and Principal Accounting Officer |
| Todd K. Peters | Chief Engineering Officer |
California Water Service Group
| Country | United States |
| IPO Date | Mar 26, 1990 |
| Industry | Regulated Water |
| Sector | Utilities |
| Employees | 1,336 |
| CEO | Martin A. Kropelnicki |
Contact Details
1720 North First Street San Jose,
California 95112-4598 United States
Stock Details
| Ticker Symbol | CWT |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001035201 |
| CUSIP Number | 130788102 |
| ISIN Number | US1307881029 |
| SIC Code | 4941 |
Recent News
- 3 days ago / zacks.comCalifornia Water Q3 Earnings Miss Estimates on Higher Taxes & Costs
- 3 days ago / marketbeat.comCalifornia Water Service Group Q3 Earnings Call Highlights
- 3 days ago / seekingalpha.comCalifornia Water Service Group (CWT) Q3 2026 Earnings Call Transcript
- 4 days ago / globenewswire.comCalifornia Water Service Group Reports Solid Third Quarter 2026 Results and Successful Execution of Business Strategy
- 13 days ago / zacks.comCWT Unit Gets Rate Hike Approval to Recover Infrastructure Costs
- 18 days ago / globenewswire.comCalifornia Water Service Group Prices $125 Million of Senior Unsecured Notes and California Water Service Company Prices $150 Million of First Mortgage Bonds
- 2 months ago / zacks.comCan Rising Water Demand Boost California Water's Long-Term Growth?
- 2 months ago / zacks.comCWT Unit Gets Rate Hike Nod to Recover Infrastructure Investments
- 2 months ago / globenewswire.comCalifornia Water Service Kicks Off Back-to-School Season With 13th Year of Tap Into Learning Program
- 2 months ago / globenewswire.comNewsweek Names California Water Service Group One of “America's Greatest Companies”
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