global water resources, inc. is a water resource management company that owns, operates and manages water, wastewater and recycled water utilities in strategically located communities, principally in metropolitan phoenix, arizona. we seek to deploy our integrated approach, which we refer to as “total water management,” a term we use to mean managing the entire water cycle by owning and operating the water, wastewater and recycled water utilities within the same geographic areas in order to both conserve water and maximize its total economic and social value. we use total water management to promote sustainable communities in areas where we expect growth to outpace the existing potable water supply. our model focuses on the broad issues of water supply and scarcity and applies principles of water conservation through water reclamation and reuse. our basic premise is that the world’s water supply is limited and yet can be stretched significantly through effective planning, the use of rec
Company profile
Ticker
GWRS
Exchange
Website
CEO
Ron L. Fleming
Employees
Incorporated
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)
DEFA14A
Additional proxy soliciting materials
26 Mar 24
DEF 14A
Definitive proxy
26 Mar 24
8-K
Global Water Resources Reports Fourth Quarter and Full Year 2023 Results
6 Mar 24
10-K
2023 FY
Annual report
6 Mar 24
8-K
Entry into a Material Definitive Agreement
4 Jan 24
8-K
Global Water Resources Reports Third Quarter 2023 Results
8 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Entry into a Material Definitive Agreement
1 Nov 23
EFFECT
Notice of effectiveness
1 Sep 23
424B5
Prospectus supplement for primary offering
31 Aug 23
Transcripts
GWRS
Earnings call transcript
2023 Q4
7 Mar 24
GWRS
Earnings call transcript
2023 Q3
9 Nov 23
GWRS
Earnings call transcript
2023 Q2
10 Aug 23
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
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 7.67 mm | 7.67 mm | 7.67 mm | 7.67 mm | 7.67 mm | 7.67 mm |
Cash burn (monthly) | (no burn) | 743.58 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 4.95 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 2.72 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 3.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
70.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 69 |
Opened positions | 1 |
Closed positions | 10 |
Increased positions | 20 |
Reduced positions | 25 |
13F shares | Current |
---|---|
Total value | 48.98 bn |
Total shares | 16.93 mm |
Total puts | 2.70 k |
Total calls | 2.50 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Jonathan L Levine | 10.21 mm | $135.47 mm |
Handelsbanken Fonder AB | 1.41 mm | $13.75 mm |
Polar Asset Management Partners | 1.01 mm | $9.84 bn |
Vanguard | 656.74 k | $6.40 bn |
BLK Blackrock | 614.41 k | $5.99 bn |
Renaissance Technologies | 280.15 k | $2.75 bn |
CLARET ASSET MANAGEMENT | 275.11 k | $2.68 mm |
Geode Capital Management | 227.66 k | $2.22 bn |
WFC Wells Fargo & Co. | 224.60 k | $2.19 bn |
STT State Street | 218.13 k | $2.13 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Mar 24 | David Rousseau | RSU Common Stock | Grant | Acquire A | No | No | 0 | 29 | 0.00 | 11,308 |
28 Mar 24 | Debra Coy | RSU Common Stock | Grant | Acquire A | No | No | 0 | 5 | 0.00 | 197 |
28 Mar 24 | Cohn Andrew M. | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3 | 0.00 | 1,621 |
28 Mar 24 | Brett Huckelbridge | RSU Common Stock | Grant | Acquire A | No | No | 0 | 31 | 0.00 | 10,938 |
28 Mar 24 | Richard M Alexander | RSU Common Stock | Grant | Acquire A | No | No | 0 | 36 | 0.00 | 1,513 |
News
Global Water Resources Q4 Earnings Gain Boost From New Connections: Details
7 Mar 24
Global Water Resources Q4 2023 GAAP EPS $0.050 Beats $0.040 Estimate, Sales $12.368M Beat $12.000M Estimate
7 Mar 24
Earnings Scheduled For March 6, 2024
6 Mar 24
Earnings Preview For Global Water Resources
5 Mar 24
Press releases
Global Water Resources Sets First Quarter 2024 Conference Call for Thursday, May 9, 2024 at 1:00 p.m. ET
17 Apr 24
Global Water Resources Declares Monthly Dividend
28 Mar 24
Global Water Resources Reports Fourth Quarter and Full Year 2023 Results
6 Mar 24
Global Water Resources Declares Monthly Dividend
29 Feb 24
Global Water Resources to Present at the 36th Annual ROTH Conference, March 17-19, 2024
26 Feb 24