Cadiz

Cadiz, Inc. is a land and water resource development company, which engages in the acquisition and development of land with water resources for various uses such as groundwater supply, groundwater storage, and agriculture. The firm’s project includes the Cadiz Valley Water Conservation, Recovery and Storage. The company was founded by Keith Brackpool in 1983 and is headquartered in Los Angeles, CA.

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Cadiz (CDZI) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.12 per share a year ago.

Cadiz (CDZI) Reports Q3 Loss, Misses Revenue Estimates

Steel from terminated Keystone XL Pipeline Project to be repurposed for water delivery as Company prepares for construction of groundwater banking project LOS ANGELES , Nov. 12, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that it has entered into an agreement to purchase 180-miles of steel pipe from the terminated Keystone XL Pipeline Project. The Company plans to use the steel pipe for the construction of a pipeline network connecting the Company's groundwater bank in the Mojave Desert to major water networks in the Southwestern U.S. The 180 miles of new steel pipe will be added to the Company's expansive portfolio of pipeline assets, including 220 miles of existing pipeline acquired by the Company from El Paso Natural Gas in 2021.

Cadiz to Purchase 180 Miles of New Pipeline Assets

Cadiz (CDZI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Cadiz (CDZI) Report Negative Q3 Earnings? What You Should Know

LOS ANGELES , Nov. 4, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP), a California water solutions company, today announced that it has entered into a placement agent agreement for the purchase and sale of an aggregate of 7,000,000 shares of its common stock in a registered direct offering (the "Offering") at a price of $3.34 per share. The aggregate gross proceeds to the Company from the Offering are expected to be approximately $23.38 million, before deducting the placement agent's fees and other offering expenses payable by the Company.

Cadiz Inc. Announces $23 Million Registered Direct Offering

Hydrogen facility at Cadiz Ranch site to use 100% solar power to produce 50 tons of green hydrogen per day to fuel zero-emission trucks, cars and electricity LOS ANGELES , Oct. 23, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP), a California water solutions company, and RIC Energy, a global renewable energy company, announced today they have entered into an agreement to build California's largest green hydrogen facility at Cadiz Ranch in the Mojave Desert. Under the agreement, Cadiz will supply land and water to RIC Energy for the creation of industrial quantities of 100% green hydrogen using solar energy.

Cadiz and RIC Energy Partner to Build the Largest Hydrogen Production Facility in California

Arsenic, iron and manganese filter systems to be delivered in 2025. LOS ANGELES , Oct. 22, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced that its operating subsidiary ATEC Water Systems, LLC ("ATEC") was awarded three new sales contracts totaling $1.6 million for arsenic, iron and manganese filtration systems.

Cadiz's ATEC Water Systems Wins $1.6M in New Sales Contracts

Fortune 500 industry veteran Steve Green to drive business development aimed at growth LOS ANGELES , Sept. 27, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced the Company's operating subsidiary ATEC Water Systems, LLC ("ATEC") expanded its leadership team, hiring Steve Green as its Chief Commercial Officer.

Cadiz's ATEC Water Systems Hires Chief Commercial Officer

LOS ANGELES , Sept. 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock").

Cadiz Inc. Declares Quarterly Dividend for Q3 2024 on Series A Cumulative Perpetual Preferred Stock

Rivera brings 25 years of senior management experience as the Company prepares to scale operations. LOS ANGELES , Sept.

Cadiz Inc. Expands Executive Team with Cathryn Rivera as Chief Operating Officer

Chairman and CEO Susan Kennedy to Host Call on September 19 at 11:00am ET Kennedy to Present and Host 1x1 Meetings at the Noble Capital Markets Basic Industries Virtual Equity Conference on September 25 & 26 LOS ANGELES , Sept. 12, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company") a California water solutions company, announced today that its September Corporate Update Investor Call will be held on Thursday, September 19, 2024 at 11:00am ET.

Cadiz Inc. Announces September Corporate Update Investor Call and Participation in Investor Conference

Achieves important milestone following execution of fifth water supply delivery agreement in 2024 LOS ANGELES , Aug. 15, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company") announced today that it has secured water purchase agreements for 85% of capacity of the Company's "Northern Pipeline."  The announcement follows execution of the fifth agreement this year for water supply from the Company's Water Conservation, Supply, and Storage Project (the "Project"), bringing the cumulative total acre-feet per year under contract for delivery via the Northern Pipeline to 21,275 acre-feet per year.

Cadiz Announces Northern Pipeline Now Contracted for 85% Capacity

CEO Susan Kennedy Also Comments on State Report Predicting Climate Change Will Reduce SWP Supplies by as much as 23% over 20 years LOS ANGELES , Aug. 8, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today the release of a new video focused on the hydrogeology of the watershed surrounding the Company's Cadiz Ranch in California's eastern Mojave Desert. The Cadiz Aerial Tour video utilizes new photography, underground imagery and aerial footage to bring to life the vast and unique aquifer system flowing beneath Cadiz Ranch.

Cadiz Releases New Aerial Tour of Aquifer System Feeding Mojave Groundwater Bank

Honorable David Sickey, Former Tribal Chairman of Coushatta Tribe of Louisiana and Senior Consultant with U.S. Department of Energy, will Assist with Energy and Water Infrastructure Financing  LOS ANGELES , July 26, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today the appointment of David Sickey, the former distinguished Chairman of the Coushatta Tribe, as Senior Advisor for Energy and Water Projects, effective immediately. Chairman Sickey, an 18-year veteran of tribal government, recently concluded two years of service as Senior Consultant to the U.S. Department of Energy's (DOE) Loan Programs Office focused particularly on the Tribal Energy Finance Program.

Cadiz Inc. Announces Former Tribal Chairman David Sickey as Senior Advisor

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Filters will provide iron and manganese treatment for groundwater in Wisconsin, Nevada and Washington cleaning water supply for a variety of communities LOS ANGELES , July 18, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced the Company's operating subsidiary ATEC Water Systems, LLC ("ATEC") secured three additional sales contracts for iron and manganese filtration systems totaling an expected $1.5 million in sales revenue. ATEC's specialized filter systems will treat groundwater supplies in Wisconsin, Nevada and Washington state serving a diversity of communities, including the University of Wisconsin at Madison, the Portland suburbs and rural Nevada clean energy development, further expanding the reach and demand for ATEC's market-leading iron and manganese filters.

Cadiz's ATEC Water Systems Secures Three New Sales Contracts Expected to Add $1.5 million in 2024 Revenues

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LOS ANGELES , June 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock"). Holders of Series A Preferred Stock will receive a cash dividend equal to $560.00 per whole share.

Cadiz Inc. Declares Quarterly Dividend for Q2 2024 on Series A Cumulative Perpetual Preferred Stock

SMWD, Cadiz sign agreement for 5,000 AFY of water via Northern Pipeline with price cap of $1,650 AFY LOS ANGELES , June 20, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced that the Company signed a definitive agreement with Santa Margarita Water District ("SMWD") to deliver water from the Cadiz Water Supply and Storage Project in the Mojave Desert through the Company's Northern Pipeline. SMWD's board of directors approved the agreement by unanimous vote at the agency's board meeting on June 5 th.

Cadiz Signs Northern Pipeline Delivery Agreement with Santa Margarita Water District

LOS ANGELES, CA / ACCESSWIRE / June 13, 2024 / Cadiz, Inc. (NASDAQ:CDZI)(NASDAQ:CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today that management will participate in the iAccess Alpha Buyside Best Ideas Summer Conference 2024 being held virtually on June 25 and 26, 2024. Cadiz Chairman and CEO Susan Kennedy will deliver a virtual presentation on June 25, 2024, at 10:30 am ET focused on how Cadiz is bringing innovative solutions and financing structures to the water sector.

Cadiz to Participate in the iAccess Alpha Buyside Best Ideas Summer Conference 2024

75,000 acre-feet of water supply will support sustainable growth and groundwater recharge in the Mojave River Basin. LOS ANGELES and HESPERIA, Calif.

Cadiz Signs LOI with City of Hesperia for Water Supply

CEO & Chairman Discusses Goal to Pursue Financing Structures, Move Project Development & Capital Costs Off Balance Sheet LOS ANGELES , May 30, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today released a brief update from Chairman and CEO Susan Kennedy to address the Company's most frequently asked questions following its participation in the B. Riley Securities 24th Annual Institutional Investor Conference.

Cadiz Provides B. Riley Institutional Investor Conference Recap

Kennedy's Presentation "Water Resiliency at Scale" Focused on Climate Change Impacts on Western Water Access and Opportunities for New Solutions LOS ANGELES , May 23, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced that Chairman & CEO, Susan Kennedy presented at the VerdeXchange 2024 conference held on Monday, May 13, 2024, in Los Angeles. In her presentation, entitled "Water Resiliency at Scale", Ms.

Cadiz Posts Chairman and CEO Susan Kennedy's Webcast from Green Economy Conference VerdeXchange 2024

LOS ANGELES , May 17, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced that the webcast replay of its Corporate Overview Investor Call held on Thursday, May 16, 2024, as well as the accompanying investor presentation and the call's full transcript, including the question and answer session, are now accessible on the Company's Investor Relations Website. The Cadiz Corporate Overview Investor Call served as the debut investor event for Chairman and CEO, Susan Kennedy, who was appointed to lead the Company in January 2024.

Cadiz Posts Inaugural Corporate Overview Investor Call Materials to Investor Relations Website

Award Represents ATEC's 12th Successful Bid within the last 12 Months LOS ANGELES , May 13, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, is pleased to announce today that the Company's water treatment operating subsidiary ATEC Water Systems, LLC ("ATEC"), a leading producer of specialized water filtration solutions for groundwater, was the successful bidder to supply water treatment filtration systems for the Cascade Groundwater Alliance treatment project in Gresham, Oregon ("Cascade Project"). Under the terms of the award, ATEC will manufacture 140 filters to remove manganese from local groundwater for a total gross contract value of approximately $5.2 million.

Cadiz Subsidiary ATEC Water Systems Awarded $5.2 Million Contract, Increases ATEC 2024 Revenue Forecast to $15 Million from $12 Million

Call to be Held on Thursday, May 16, 2024 at 11:00am ET Prepared Remarks to be Followed by Q&A Session Company to Participate in B. Riley Investor Conference on May 22 – 23, 2024 LOS ANGELES, May 10, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI, CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced that it will host a Corporate Overview Investor Call on Thursday, May 16, 2024 at 11:00am ET, a first for the Company under the leadership of Susan Kennedy, Chairman and CEO of Cadiz.

News for Cadiz Stock (CDZI)