10/29/2026

speaker
Colby
Conference Call Operator

Ladies and gentlemen, welcome to the California Water Service Group Q3 2026 earnings call. All lines have been placed on mute to prevent any background noise. And after the speaker's remarks, we will conduct a question and answer session. If you'd like to ask a question at that time, please press star then the number one on your telephone keypad to raise your hand and enter the queue. If you would like to withdraw your question at any time, simply press star one again. I'll now turn the call over to Jim Lynch. You may begin.

speaker
Jim Lynch
Vice President, Chief Financial Officer and Treasurer

Thank you, Colby. Welcome everyone to the third quarter 2026 results call for the California Water Service Group. With me today is Marty Kropelnicki, our chairman and CEO. Replay and dial information for this call can be found in our quarterly results earnings release, which was issued earlier today. The call replay will be available until December 28, 2026. As a reminder, before we begin, the company has a slide deck to accompany today's earnings call. The slide deck was furnished with an 8K and is also available on the company's website at www.calwatergroup.com. Before looking at our third quarter 2026 result, I'd like to cover forward-looking statements. During our call, we may make certain forward-looking statements. Because these statements deal with future events, They are subject to various risks and uncertainties, and actual results could differ materially from the company's current expectations. As a result, we strongly advise all current shareholders and interested parties to carefully read the company's disclosures on risks and uncertainties found in our Form 10-K, Form 10-Qs, press releases, and other reports filed with the Securities and Exchange Commission. And now I'll turn the call over to Marty.

speaker
Martin Kropelnicki
Chairman and Chief Executive Officer

Thanks, Jim. Good morning, everyone, and thank you for joining us today. We are pleased with our continued execution of our 2026 business plan as we are currently three quarters into the year with one quarter to go. There are five major areas that we want to talk about today to provide an update on. First, Jim will give you an update on the financials for the quarter, which include the results of our 2024 general rate case, which rates took effect this year in 2026. Second, we want to talk about our record infrastructure investment that brings us up to just under $425 million year to date while we continue to balance system needs with affordability. Three, we want to talk about our progress on closing our announced acquisition of the Oregon and Nevada assets that we are acquiring from Nexus Water Service Company. Yesterday, the Board of Directors declared our 327 consecutive quarterly dividend which puts our anticipated dividend for the year at $1.34, which is up 8.1% year over year. And finally, I want to take a few moments to talk about emergency preparedness, emergency response. I think as we know, the Super El Nino has gotten a lot of press time and we'll talk about some of the efforts we have underway to prepare for the winter that's coming ahead. So prior to going through some of the other topic items I just outlined, I want to turn it over to Jim to talk about the financials for the quarter. Jim?

Disclaimer

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