Cadiz, Inc. Depositary Shares - CDZIP STOCK NEWS

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Cadiz Inc is a land and water resource development company in California. Its primary business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage, and agriculture. The company focuses on the development of the Cadiz Valley Water Conservation, Recovery and Storage Project which will capture and conserve native groundwater currently being lost to evaporation from the aquifer system beneath the property of Cadiz and Fenner valleys of eastern San Bernardino County, and deliver it to water providers throughout Southern California. The company operates in two segment- Land and Water Resources and ATEC Water Systems LLC.

The Company maintains an organic agricultural operation at its primary property in the Cadiz Valley and manages the largest desert tortoise land conservation bank in California. Cadiz is dedicated to providing access to clean, reliable, and affordable water for people through a unique combination of water supply, storage, pipeline, and treatment solutions. The company offers a full suite of solutions to address the impacts of climate change on clean water access.

12/15/2023 04:50 PM

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BLM Approves MLA Right-of-Way Grant to Cadiz for Northern Pipeline

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Cadiz, Inc. (NASDAQ: CDZI/CDZIP) has received approval from the U.S. Bureau of Land Management for the assignment of a Mineral Leasing Act right-of-way grant, allowing the company to advance project development for its Northern Pipeline, a crucial component for clean water and clean energy projects. The acquisition of the 220-mile pipeline from El Paso Natural Gas is a significant milestone for Cadiz, enabling the repurposing of existing fossil fuel infrastructure to support climate adaptation initiatives.

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12/15/2023 04:50 PM

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/C O R R E C T I O N -- Cadiz, Inc./

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Cadiz, Inc. (NASDAQ: CDZI) receives approval from the U.S. Bureau of Land Management for the assignment of a Mineral Leasing Act right-of-way grant for the Northern Pipeline, allowing the company to advance clean water and clean energy projects. The acquisition of the 220-mile pipeline from El Paso Natural Gas is a significant milestone for Cadiz's development.

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12/07/2023 09:30 AM

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Cadiz to Expand Executive Team in 2024

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Cadiz, Inc. (NASDAQ: CDZI/CDZIP) announces Susan Kennedy's appointment as CEO, with Scott Slater continuing as Senior Advisor. The company plans to create two new executive positions for project development.

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11/13/2023 09:35 AM

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Cadiz Marks One Year Anniversary of ATEC Acquisition

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Cadiz, Inc. (NASDAQ: CDZI/CDZIP) celebrates ATEC Water Systems' success and anticipates revenues surpassing $12 million in FY 2024. ATEC's specialized water filtration solutions for contaminated groundwater have secured contracts, including a significant one with Central Utah Water Conservancy District, and are expected to generate substantial revenues. The company's cost-effective, high-rate filtration media effectively remove iron, manganese, arsenic, and chromium-6, addressing urgent clean water needs in affected communities. ATEC's potential for positive operating income of $3-4 million in FY 2024 demonstrates its promising future.

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11/02/2023 11:08 AM

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Cadiz Signs Agreement with San Bernardino County and Water Project Agencies to Reserve Water Supply for Desert Communities

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Cadiz, Inc. has entered into a binding agreement with San Bernardino County, Santa Margarita Water District, and Fenner Gap Mutual Water Company to provide priority rights to water supply from the Cadiz Water Conservation and Storage Project. The agreement requires Cadiz to offer binding agreements for water supply to public water systems in San Bernardino County before exporting water outside the county. It also dedicates 25,000 acre-feet of water supply to disadvantaged communities in the Mojave River region or any other community in need. Five public water systems in San Bernardino County have expressed intent to receive water supply from the Cadiz Project.

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10/24/2023 12:38 PM

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Cadiz Signs Agreement with El Paso Natural Gas for Long-Term Power Supply

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Cadiz, Inc. has entered into a long-term contract with El Paso Natural Gas Company to install a tap on their natural gas pipeline. This will allow Cadiz to replace diesel engines with natural gas engines, improving reliability and cutting carbon emissions. The tap is expected to deliver new gas power to Cadiz by Q4 2024.

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09/22/2023 09:15 AM

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Cadiz, Inc. Declares Quarterly Dividend for Q3 2023 on Series A Cumulative Perpetual Preferred Stock

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Cadiz, Inc. declares cash dividend on Series A Preferred Stock

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09/21/2023 11:45 AM

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Cadiz to Participate in Goldman Sachs Global Sustainability Forum

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Cadiz, Inc. executive chair to participate in Goldman Sachs Global Sustainability Forum on Sept. 27, discussing investment opportunities in clean water.

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06/23/2023 09:10 AM

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CADIZ INC. DECLARES QUARTERLY DIVIDEND FOR Q2 2023 ON SERIES A CUMULATIVE PERPETUAL PREFERRED STOCK

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Cadiz Inc. announces cash dividend on Series A Preferred Stock

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04/27/2023 12:59 PM

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New Cadiz Clean Water Solutions Video Produced by Tandem Stills + Motion

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FAQ

What is the current stock price of Cadiz Depositary Shares (CDZIP)?

The current stock price of Cadiz Depositary Shares (CDZIP) is $16.201 as of November 4, 2024.

What is the primary business of Cadiz Inc?

Cadiz Inc acquires and develops land with water resources for various uses, including groundwater supply, groundwater storage, and agriculture.

What is the Cadiz Valley Water Conservation, Recovery and Storage Project?

It aims to capture and conserve native groundwater currently being lost to evaporation and deliver it to water providers throughout Southern California.

What is the approach of Cadiz toward providing water solutions?

Cadiz focuses on a unique combination of water supply, storage, pipeline, and treatment solutions to address the impacts of climate change on clean water access.

What projects are Cadiz involved in apart from the Cadiz Valley Water Project?

The company operates in two segments- Land and Water Resources and ATEC Water Systems LLC.

What makes Cadiz unique in the water resource sector?

Cadiz offers a full suite of solutions to address the impacts of climate change on clean water access and maintains an organic agricultural operation.