Global Water Resources

Global Water Resources, Inc. engages in the operation and management of water, wastewater, and recycled water utilities. It also distributes recycled water throughout the communities through a separate system of pipes. The company was founded by Trevor T. Hill and William S. Levine on September 24, 2003 and is headquartered in Phoenix, AZ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Global Water Resources reports robust Q4 earnings and growth outlook

Global Water Resources delivered a strong performance in Q4 2022, showcasing revenue growth and operational achievements.
Despite challenges in the market, the company's strategic strengths and growth initiatives position it well for the future.
Opportunities in organic expansion and acquisitions provide avenues for sustained growth and market expansion for Global Water.

Global Water Resources reports robust Q1 earnings and eyes expansion

Global Water Resources (GWRS) delivered strong financial results, highlighted operational achievements, and outlined strategic initiatives during the Q1 2023 Earnings Call. The company's focus on growth, scalability, and strategic acquisitions underscores a positive outlook for future performance and expansion.

Global Water Resources reports record operational achievements and revenue growth

Global Water Resources demonstrated strong operational performance and financial growth in Q2 2023, supported by record achievements and strategic acquisitions.
While facing challenges in managing increased operating expenses and accounting complexities, the company remains focused on long-term value creation and regulatory compliance.
Opportunities lie in leveraging recent acquisitions for expansion, enhancing the Total Water Management platform, and driving revenue growth through strategic initiatives.
Overall, Global Water Resources is well-positioned to navigate challenges, capitalize on opportunities, and sustain its growth trajectory in the water management sector.

Global Water Resources reports robust Q3 earnings and growth plans

Global Water Resources delivered strong financial results in Q3 2023, driven by revenue growth, improved profitability, and strategic initiatives for long-term growth.
While facing challenges in rising operating expenses and regulatory uncertainties, the company remains resilient and focused on operational efficiency and growth opportunities.
With a solid financial position and liquidity from the note purchase agreement, Global Water Resources is well-equipped to navigate challenges and capitalize on opportunities in the water utility sector.

Global Water Resources reports strong Q4 earnings and growth outlook

Global Water Resources delivered a robust performance in Q4 2023, driven by financial strength, operational efficiency, and customer growth.
While facing challenges related to infrastructure costs and regulatory matters, the company remains focused on strategic growth initiatives.
With a strong foundation in place, Global Water is well-positioned to capitalize on opportunities in key markets and drive sustainable growth.

Global Water Resources reports robust Q1 performance and expansion plans

Global Water Resources delivered a strong performance in Q1 2024, marked by revenue growth, customer base expansion, and strategic investments.
The company's focus on capturing growth opportunities in housing and industrial sectors, along with proactive regulatory engagement, positions it well for future success.
While facing integration challenges and industry competition, Global Water Resources can leverage its strengths to drive sustainable growth and enhance shareholder value.

Global Water Resources reports mixed Q3 performance, eyes growth opportunities

Global Water Resources delivered a mixed financial performance in Q3 2024, with a slight decline in total revenue but positive growth in regulated revenue and net income. Operational achievements, market growth in key areas, and future growth potential were key highlights of the earnings call. The company showcased strength in managing operational metrics and addressing regulatory activities, while also facing challenges in revenue generation and potential operational impacts of political changes.
Despite facing challenges, Global Water Resources remains well-positioned for growth, with opportunities in expanding service connections, infrastructure investments, and leveraging market growth in Arizona. Strategic focus on organic growth, new utilities, acquisitions, and rate cases can drive future success. Monitoring political changes and market dynamics will be crucial in navigating challenges and seizing growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Realty Income Corp

ALPS Active REIT ETF

A popular investment strategy for those seeking to rely on passive income from their portfolio is dividend growth investing. The value of this approach lies in the fact that it allows investors to disregard the fluctuations of the stock market and concentrate solely on their income stream.

3 Monthly Dividend Stocks Paying Investors Each Month

PHOENIX, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, will hold a conference call on Thursday, March 9, 2023 at 1:00 p.m. Eastern time to discuss results for the fourth quarter and full year ended December 31, 2022. The financial results will be issued in a press release prior to the call.

Global Water Resources Sets Fourth Quarter and Full Year 2022 Conference Call for Thursday, March 9, 2023 at 1:00 p.m. ET

Associated Capital Group

Denison Mines

Energy Recovery

IMAX

Sibanye Stillwater

NuScale Power Corp

While the equities sector still trends in a recovery mode from last year's fallout, investors may want to spare some speculation funds toward overlooked stocks to buy. These enterprises might not get a great read from Wall Street – if analysts even know they exist.

7 Overlooked Stocks That Could be the Next Big Thing

Conagra Brands

Campbell Soup

MGE Energy

NRG Energy

January's slightly hot inflation led to volatility in the stock market. Thus, it's prudent to invest in risk-adjusted stocks like Campbell Soup (CPB), NRG Energy (NRG) and MGE Energy (MGEE) to name a few.

Hotter-Than-Expected Inflation Rattles Wall Street: 5 Safe Picks

PHOENIX, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (“Global Water” or the “Company”) (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, announces that it has applied for a voluntary delisting of its common shares (each a “Common Share”) from the Toronto Stock Exchange (the “TSX”). Subject to such application being accepted by the TSX, it is expected that the Common Shares will be delisted from the TSX effective as of close of markets on February 24, 2023.

Global Water Resources to Voluntarily Delist from Toronto Stock Exchange

PHOENIX, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has appointed noted utility industry leader, Chris Krygier, to the new position of chief operations officer. He previously served as the company's chief strategy officer since June 2020.

Global Water Resources Appoints Chris Krygier as COO

PHOENIX, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has completed the previously announced acquisition of Farmers Water Co., a subsidiary of Farmers Investment Co. (FICO) located in Pima County, Arizona.

Global Water Resources Completes Acquisition of Farmers Water Co. in Pima County, Arizona, Adding 3,300 Active Water Service Connections

Atmos Energy

Con Ed

Income investors commonly target the Utilities sector, as companies in the realm generate reliable and predictable demand thanks to their services being a necessity.

Seeking Income? 3 Utilities Stocks Worth Consideration

Everbridge

Harpoon Therapeutics Inc

Richardson Electronics

Splunk

GWRS, EVBG, SPLK, RELL and HARP have been added to the Zacks Rank #1 (Strong Buy) List on January 27, 2023.

New Strong Buy Stocks for January 27th

United Overseas Bank Ltd

UOVEY and GWRS made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 27, 2023.

Best Income Stocks to Buy for January 27th

PHOENIX, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, announced that its president and CEO, Ron Fleming, has been elected to the board of directors of the National Association of Water Companies (NAWC).

Global Water Resources President and CEO, Ron Fleming, Appointed to Board of Directors of National Association of Water Companies

J & J Snack Foods

Invest in stocks like Campbell Soup (CPB), Conagra Brands (CAG) & Atmos Energy (ATO) to ride out further market volatility caused due to rate hikes, or any expectations related to rate hikes.

5 Defensive Stocks to Buy as Fed Members Remain Hawkish

NextEra Energy

Stocks in the Zacks Utilities sector are defensive by nature, as these companies' services witness consistent demand no matter the economic backdrop.

3 Top Utilities Stocks For a Defensive Approach

PHOENIX, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, received Cityworks's 2022 Excellence in Departmental Practice Award at Cityworks Innovate Conference held last month in Salt Lake City.

Global Water Resources Receives ‘Excellence in Departmental Practice' Award from Cityworks

PHOENIX, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has been invited to present at the ROTH 11 th Annual Deer Valley Event being held at the Montage Deer Valley in Park City, UT on December 14-17.

Global Water Resources to Present at the ROTH Deer Valley Event on December 15, 2022

Addus HomeCare

Agnico Eagle Mines

Gorman-Rupp

Rogers Communications

Standard Motor Products

T-Mobile US

In October and November, I suggested safe stocks to buy and hold. I'm pleased to say that those stocks have increased by an average of around 21% since the beginning of October.

7 Safe Stocks to Buy and Hold Forever

Global Water Resources offers advice and provision of drinking water services in small communities and the development and implementation of infrastructure projects. In my view, the accumulated know-how in negotiations with small communities is what will help the company enter new regions.

More Data Management In Arizona Could Push Global Water's Price

Ecolab

Ferguson Enterprises Inc

Pentair

Roper Technologies

Essential Utilities

Xylem

Water stocks are an interesting breed. Water is an essential good, and there are lots of companies that make money off of water in one way or another.

7 Best Water Stocks to Buy Now

American Water Works

York Water

Water Utility companies like AWK, WTRG, YORW and GWRS are poised to benefit from stable demand for water and wastewater services across the United States. Their systematic investments will enable them to serve customers efficiently.

4 Water Utility Stocks to Watch in a Challenging Industry

PHOENIX, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has declared, under its dividend policy, a monthly cash dividend increase of 1% to $0.29791 on an annualized basis. This equates to a monthly dividend of $0.02483.

Global Water Resources Increases and Declares Monthly Dividend

PHOENIX, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has been invited to present at the Bank of America 2022 Water Conference being held virtually on December 6, 2022.

Global Water Resources to Present at the Bank of America 2022 Water Conference on December 6, 2022

PHOENIX, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, applauds The Procter & Gamble Company (NYSE:PG) for receiving approval of an economic development agreement to build a new manufacturing facility in Coolidge, Arizona.

Global Water Resources to Provide Water Services to New P&G Manufacturing Facility at Inland Port Arizona

Genesee & Wyoming

Global Water Resources, Inc. (NASDAQ:GWRS ) Q3 2022 Earnings Conference Call November 10, 2022 1:00 PM ET Company Participants Joanne Ellsworth - Executive Vice President, Corporate Affairs Ron Fleming - President and Chief Executive Officer Mike Liebman - Chief Financial Officer Chris Krygier - Chief Strategy Officer Conference Call Participants Gerry Sweeney - ROTH Capital Operator Greetings ladies and gentlemen. Thank you for standing by.

Global Water Resources, Inc. (GWRS) Q3 2022 Earnings Call Transcript

PHOENIX, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the third quarter ended September 30, 2022. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below.)

Global Water Resources Reports Third Quarter 2022 Results

PHOENIX, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, will hold a conference call on Thursday, November 10, 2022 at 1:00 p.m. Eastern time to discuss results for the third quarter ended September 30, 2022. The financial results will be issued in a press release prior to the call.

News for Global Water Resources Stock (GWRS)