Company:SJW Group
 | |
| Type | Public |
|---|---|
| NYSE: SJW S&P 600 Component Russell 2000 Component | |
| Industry | water utilities |
| Founded | 1866 |
| Headquarters | San Jose, California , United States |
Area served | North America |
| Revenue | $573.7 million[1] (2021) |
| $60.5 million (2021) | |
Number of employees | ~385 |
| Website | www |
SJW Group ("SJW") is a water utility processing, distribution, wholesale and retail company based in San Jose, California . It serves 228,000 connections that serves over 1 million residents in regions of California , and approximately 17,000 connections, which serves about 60,000 people in Texas .[2][3] The enterprise value ((As of December 2021)) is $3.76 billion.[4]
Operations
The company has four subsidiaries, comprising San Jose Water Company, SJWTX, Inc., SJW Land Company as well as Texas Water Alliance Limited (TWA).[3] TWA is engaged in operating the essential water supply activities in Texas.[5] The company's diverse utility property include land held in fee, impounding reservoirs, diversion facilities, wells, distribution storage, and all water facilities, equipment, office buildings, etc.[6] In 2012, the revenue generated by purchased water made up about 40% to 45% of the company’s annual revenue.[5]
The company attended the industry’s conference, Water Utility Conference of 2013, as one of the largest water utility companies in the U.S.[7]
In October 2018, it was announced that SJW was acquiring Connecticut Water Service, Inc., a water utility company serving communities in Connecticut and Maine, pending federal approval. The acquisition was completed in October 2019.[8][9][10]
References
- ↑ "SJW Key Statistics |SJW Corp. Inc Stock - Yahoo! Finance". Finance.yahoo.com. https://finance.yahoo.com/q/ks?s=SJW+Key+Statistics. Retrieved 2014-02-20.
- ↑ "SJW Profile | SJW Corporation, Inc Stock - Yahoo! Finance". Finance.yahoo.com. https://finance.yahoo.com/q/pr?s=SJW+Profile. Retrieved 2015-03-19.
- ↑ 3.0 3.1 "SJW Corp.: NYSE:SJW quotes & news - Google Finance". //www.google.com/finance?cid=488858. Retrieved 2014-02-17.
- ↑ "SJW Group (SJW) Valuation Measures & Financial Statistics" (in en-US). https://finance.yahoo.com/quote/SJW/key-statistics/.
- ↑ 5.0 5.1 "SJW Corp. reuters.com". Reuters.com. https://www.reuters.com/finance/stocks/companyProfile?symbol=SJW.N. Retrieved 2014-02-17.
- ↑ "SJW Quarterly Report Form 10-Q - Quarterly report [Sections 13 or 15(d)"]. SEC.gov. 2013-11-06. https://www.sec.gov/Archives/edgar/data/766829/000076682913000028/sjw-93013x10q.htm. Retrieved 2014-02-19.
- ↑ "The New York Society of Security Analysts Presents Annual Water Conference". Prweb.com. 2013-11-20. http://www.prweb.com/releases/nyssa/water/prweb11350507.htm. Retrieved 2014-02-19.
- ↑ "SJW Group And Connecticut Water Service, Inc. To Combine In All-Stock Transaction To Create Leading Water Utility Company" (in en). https://www.prnewswire.com/news-releases/sjw-group-and-connecticut-water-service-inc-to-combine-in-all-stock-transaction-to-create-leading-water-utility-company-300614427.html. Retrieved 10 October 2018.
- ↑ Singer, Stephen. "California Water Company Boosts Offer Price For Connecticut Water Service". http://www.courant.com/business/hc-biz-connecticut-water-eversource-20180806-story.html.
- ↑ "Connecticut Water's merger with SJW Group takes a new twist". http://www.mainebiz.biz/article/20180531/NEWS01/180539986/connecticut-water's-merger-with-sjw-group-takes-a-new-twist. Retrieved 10 October 2018.
External links
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