STOCK TITAN

Cadiz - CDZI STOCK NEWS

Welcome to our dedicated page for Cadiz news (Ticker: CDZI), a resource for investors and traders seeking the latest updates and insights on Cadiz stock.

Cadiz Inc. (NASDAQ: CDZI) is a leading water solutions provider developing sustainable water infrastructure projects in California. This page aggregates official company announcements, financial disclosures, and operational updates related to its groundwater banking initiatives, pipeline developments, and water treatment technologies.

Investors and stakeholders will find timely updates on key activities including aquifer management progress, partnership agreements with municipal water districts, and advancements through its ATEC Water Systems subsidiary. All content is sourced directly from company filings and verified press releases.

Regular updates cover essential developments such as water conservation project milestones, infrastructure expansion announcements, and regulatory compliance achievements. The archive serves as a historical record of Cadiz's progress in creating climate-resarve water solutions while maintaining environmental stewardship commitments.

Bookmark this page for direct access to Cadiz's evolving strategy in sustainable water resource management. Check back frequently for new developments regarding the Cadiz Valley Water Project and other initiatives addressing California's water security challenges.

Rhea-AI Summary

Cadiz, Inc. (NASDAQ: CDZI) announced a Corporate Overview Investor Call to be held on May 16, 2024, hosted by Susan Kennedy, Chairman and CEO, featuring prepared remarks and a Q&A session. The company will also participate in the B. Riley Investor Conference on May 22 - 23, 2024. Cadiz, founded in 1983, provides water solutions in California, focusing on water supply, storage, pipeline, and treatment solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
conferences
-
Rhea-AI Summary

Cadiz, Inc. engages MZ Group to enhance investor relations program amidst strategic developments, led by Susan Kennedy. Recent Form 4 filing reveals CEO's purchase of CDZI shares, aligning with shareholders. MZ to bolster capital markets strategy as Cadiz focuses on valuable water assets, infrastructure, and technologies to address water access issues.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
none
-
Rhea-AI Summary

ExxonMobil has appointed Maria Jelescu Dreyfus to its Board of Directors, effective May 3, 2024. Ms. Dreyfus is the CEO and founder of Ardinall Investment Management, specializing in sustainable investing and resilient infrastructure. Her extensive financial background and sustainability expertise will enhance the board's skillset and align with ExxonMobil's strategy for shareholder value growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
management
Rhea-AI Summary
Cadiz, Inc. announces a water supply agreement with Solstra Communities to support the development of 4,000 homes for working families in California. The innovative 'Solomon Hills' project aims to provide housing for military and working families near Vandenberg Space Force Base. This agreement marks Cadiz's first venture into providing water supply for housing development, with 65% of their Northern Pipeline capacity now under contract.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
none
-
Rhea-AI Summary
Cadiz, Inc. (NASDAQ: CDZI/CDZIP) declares a cash dividend on its 8.875% Series A Cumulative Perpetual Preferred Stock. Holders will receive $550.00 per whole share or approximately $0.55 per depositary share. The dividend payout is scheduled for April 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
dividends earnings
-
Rhea-AI Summary
Cadiz, Inc. secures a $57 million credit agreement, with $20 million allocated for water supply project development in Southern California. The financing strengthens the company's financial position, extends debt maturities, and receives strong support from shareholders and lenders, notably Heerema International Group Services SA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
Tags
none
Rhea-AI Summary
Cadiz, Inc. appoints Barbara Lloyd, a seasoned professional in project finance and infrastructure financing, to its Board of Directors. Lloyd's extensive experience in public-private partnerships and innovative financing strategies will be instrumental as Cadiz ventures into water infrastructure projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
management
-
Rhea-AI Summary
Cadiz, Inc. announces a new financing agreement with Heerema International Group Services BV to acquire a $21.2 million Senior Secured Loan and provide an additional $20 million for capital investments. The agreement extends the Maturity Date of the combined loan to 6/30/2027, with no debt due prior to 2027. Heerema's support aligns with Cadiz's strategic objectives, focusing on clean water infrastructure solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
Tags
none
-
Rhea-AI Summary
Cadiz, Inc. announced that the City of Adelanto, California has signed a Letter of Intent with Fenner Gap Mutual Water Company to join Victor Valley water agencies in developing an integrated water management and infrastructure investment plan for the Mojave Basin region. This collaboration aims to improve the reliability and quality of local water supplies through the Cadiz Water Conservation, Supply, and Storage Project. The project will provide 25,000 acre-feet of water to the City of Adelanto, with the goal of creating a sustainable, reliable water supply strategy for the Mojave Basin. The 'One Water' regional planning process will allow pooling of resources to manage water supplies and efficiently invest in water infrastructure that benefits the whole region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
Rhea-AI Summary
Cadiz, Inc. announced a partnership between Fenner Gap Mutual Water Company and Victor Valley Wastewater Reclamation Authority to develop a coordinated investment strategy for water infrastructure in San Bernardino County's Mojave Basin region. The 'one water' plan aims to integrate public, private, and multi-agency financing resources to improve water quality and increase reliability of local water supplies. The plan includes recycled water from VVWRA's wastewater treatment plants and water supplies from Cadiz to create a regional water management strategy. The collaboration also involves other local agencies to expand pipeline and distribution facilities, advanced water treatment, and collaborative recharge basins to capture storm water and manage imported water supplies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Cadiz

Nasdaq:CDZI

CDZI Rankings

CDZI Stock Data

220.53M
54.07M
33.92%
36.21%
8.73%
Utilities - Regulated Water
Water Supply
Link
United States
LOS ANGELES