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CTWS - Connecticut Water Service, Inc.

Connecticut Water Service, Inc. logo Connecticut Water Service, Inc. (CTWS) is a publicly-traded water utility company that provides drinking water and related services to customers in Connecticut, Maine, and New Hampshire. The company's services include water treatment, supply, and distribution, as well as related services such as meter reading and billing.

Connecticut Water Service's customer base includes residential, commercial, and industrial customers, as well as public water systems. The company is committed to providing safe, reliable, and high-quality drinking water to its customers, and it has a strong track record of compliance with state and federal regulations.

Connecticut Water Service was founded in 1956 and is headquartered in Clinton, Connecticut. As of my knowledge cutoff of September 2021, the company was performing well financially, with strong revenue and earnings growth in recent years. The company's revenue for the fiscal year 2020 was $129.2 million, representing an increase of 3.6% compared to the previous year. Net income for the same period was $18.7 million, an increase of 29.8% compared to the previous year.

Connecticut Water Service has a market capitalization of approximately $840 million as of my knowledge cutoff of September 2021, and its stock is listed on the NASDAQ stock exchange under the ticker symbol CTWS. The company also pays a regular quarterly dividend to its shareholders.

The water utility industry is subject to various risks, including changes in government regulations, changes in weather patterns, and aging infrastructure. However, Connecticut Water Service's focus on providing high-quality drinking water and its strong financial performance should position it well for continued success in




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