Global Water Resources, Inc. is a leading water resource management company that owns and operates 12 utilities which provide water, wastewater, and recycled water services. The company's service areas
are located primarily in growth corridors around metropolitan Phoenix. Global Water recycles nearly 1 billion gallons of water annually. The company has been recognized for its highly-effective implementation of Total Water Management (TWM), an integrated approach to managing the entire water cycle by owning and operating water, wastewater and recycled water utilities within the same geographic area to maximize the beneficial use of recycled water. TWM conserves water by using the right water for the right use and helps protect water supplies in water-scarce areas experiencing population growth.
Company profile
Ticker
GWRS
Exchange
Website
CEO
Ron L. Fleming
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Global Water, LLC • Global Water - Balterra Utilities Company, Inc. • Global Water - CP Water Company, Inc. • Global Water - Eagletail Water Company, Inc. • Global Water - Hassayampa Utilities Company, Inc. • Global Water - Picacho Cove Utilities Company, Inc. • Global Water - Picacho Cove Water Company, Inc. • Global Water - Palo Verde Utilities Company, Inc. • Global Water - Red Rock Utilities Company, Inc. • Global Water - Santa Cruz Water Company, Inc. ...
GWRS stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
3 May 23
8-K
Global Water Resources Reports First Quarter 2023 Results
3 May 23
10-Q
2023 Q1
Quarterly report
2 May 23
ARS
2023 FY
Annual report to shareholders
28 Mar 23
DEFA14A
Additional proxy soliciting materials
24 Mar 23
DEF 14A
Definitive proxy
24 Mar 23
8-K
Global Water Resources Reports Fourth Quarter and Full Year 2022 Results
9 Mar 23
10-K
2022 FY
Annual report
8 Mar 23
8-K
Global Water Resources Appoints Chris Krygier as COO
10 Feb 23
8-K
Other Events
9 Feb 23
Transcripts
GWRS
Earnings call transcript
2023 Q1
3 May 23
GWRS
Earnings call transcript
2022 Q4
9 Mar 23
GWRS
Earnings call transcript
2022 Q3
11 Nov 22
GWRS
Earnings call transcript
2022 Q2
11 Aug 22
GWRS
Earnings call transcript
2022 Q1
9 May 22
GWRS
Earnings call transcript
2021 Q4
10 Mar 22
GWRS
Earnings call transcript
2021 Q3
9 Nov 21
GWRS
Earnings call transcript
2021 Q2
8 Aug 21
GWRS
Earnings call transcript
2021 Q1
9 May 21
GWRS
Earnings call transcript
2020 Q4
4 Mar 21
Latest ownership filings
4
Christopher D Krygier
6 Jun 23
4
Ronnie L Fleming
2 Jun 23
4
Michael J Liebman
2 Jun 23
4
Jonathan C. Corwin
2 Jun 23
4
Jason Thuneman
2 Jun 23
4
Joanne Ellsworth
2 Jun 23
4
Christopher D Krygier
2 Jun 23
4
John Carroll Lenderking
2 Jun 23
4
Suzanne Michelle Kitts
2 Jun 23
4
Richard M Alexander
2 Jun 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 3.05 mm | 3.05 mm | 3.05 mm | 3.05 mm | 3.05 mm | 3.05 mm |
| Cash burn (monthly) | 1.50 mm | 740.83 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 3.40 mm | 1.67 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -346.39 k | 1.38 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -0.2 | 1.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
71.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 72 |
| Opened positions | 8 |
| Closed positions | 10 |
| Increased positions | 26 |
| Reduced positions | 19 |
| 13F shares | Current |
|---|---|
| Total value | 60.97 bn |
| Total shares | 17.14 mm |
| Total puts | 22.30 k |
| Total calls | 6.90 k |
| Total put/call ratio | 3.2 |
| Largest owners | Shares | Value |
|---|---|---|
| Jonathan L Levine | 10.21 mm | $135.47 mm |
| Polar Asset Management Partners | 1.14 mm | $14.18 bn |
| Handelsbanken Fonder AB | 1.06 mm | $13.18 mm |
| BLK Blackrock | 653.23 k | $8.12 bn |
| Vanguard | 651.86 k | $8.10 bn |
| Handelsinvest Investeringsforvaltning | 404.90 k | $5.03 mm |
| CLARET ASSET MANAGEMENT | 278.46 k | $3.46 mm |
| Renaissance Technologies | 253.95 k | $3.16 mm |
| Geode Capital Management | 237.74 k | $2.96 bn |
| STT State Street | 215.80 k | $2.68 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 Jun 23 | Christopher D Krygier | Common Stock | Payment of exercise | Dispose F | No | No | 12.26 | 6,313 | 77.40 k | 34,260 |
| 31 May 23 | Cohn Andrew M. | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3 | 0.00 | 1,587 |
| 31 May 23 | David Rousseau | RSU Common Stock | Grant | Acquire A | No | No | 0 | 28 | 0.00 | 9,248 |
| 31 May 23 | Brett Huckelbridge | RSU Common Stock | Grant | Acquire A | No | No | 0 | 30 | 0.00 | 9,022 |
| 31 May 23 | Debra Coy | Common Stock | Grant | Acquire A | No | No | 11.22 | 38.449 | 431.40 | 17,413.167 |
| 31 May 23 | Debra Coy | RSU Common Stock | Grant | Acquire A | No | No | 0 | 5 | 0.00 | 147 |
Press releases
Global Water Resources Declares Monthly Dividend
31 May 23
Global Water Resources Reports Results of Director Election
3 May 23
Global Water Resources Reports First Quarter 2023 Results
2 May 23
Global Water Resources Declares Monthly Dividend
28 Apr 23
Global Water Resources Sets First Quarter 2023 Conference Call for Wednesday, May 3, 2023 at 1:00 p.m. ET
18 Apr 23