Cadiz Inc. operates as a natural resources development company in the United States. It engages in the water resource and agricultural development activities in San Bernardino County properties. The company owns approximately 35,000 acres of land in the Cadiz and Fenner valleys of eastern San Bernardino County; and approximately 11,000 acres of land in the eastern Mojave Desert portion of San Bernardino County. It is also involved in the cultivation of lemons, and spring and fall plantings of vegetables and grains. Cadiz Inc. was founded in 1983 and is headquartered in Los Angeles, California.
IPO Year:
Exchange: NASDAQ
Website: cadizinc.com
Rivera brings 25 years of senior management experience as the Company prepares to scale operations. LOS ANGELES, Sept. 19, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) (NASDAQ:CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today the appointment of Cathryn Rivera as Chief Operating Officer ("COO"), effective as of September 16, 2024. The Company began expanding the management team earlier this year with the appointment of CEO Susan Kennedy. As COO, Rivera is expected to lead the Company's operations in the execution phase of its groundbreaking groundwater banking project and scaling deployment of water treatment technologies to remove constituents such as
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) ("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 par
A veteran of the public finance industry, Lloyd brings over thirty years of experience in capital markets, government and infrastructure finance, including leadership positions at KPMG and the California State Treasurers Office. LOS ANGELES, March 1, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI, the ", Company", ))) announced that Barbara Lloyd, a leading professional in the project finance industry with deep experience in public-private infrastructure financing in California, was appointed today to the Company's Board of Directors. "Barbara is exactly the experienced veteran
Adelanto joins Fenner Gap and Victor Valley water agencies in regional planning, infrastructure investment strategy to improve reliability and quality of local water supplies. LOS ANGELES, Feb. 1, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI, the ", Company", ))) announced today that the City of Adelanto, California has signed a Letter of Intent with Fenner Gap Mutual Water Company ("Fenner Gap") to join Victor Valley water agencies in developing an integrated water management and infrastructure investment plan for the Mojave Basin region. As part of the agreement, Fenner Gap will provide 25,000 acre-feet of water to the City of Adelanto from the Cadiz Water Conservation, Supply and Storage
LOS ANGELES, March 25, 2021 /PRNewswire/ -- Cadiz Inc. ("the Company",NASDAQ: CDZI), a California business dedicated to sustainable water and agricultural projects, is pleased to announce Susan Kennedy's appointment to the Company's Board of Directors. Kennedy brings more than 30 years of relevant public and private experience, including her roles as former Commissioner of the California Public Utilities Commission, former Chief of Staff and Cabinet Secretary to two California governors, former member of the California Bay-Delta Authority, and as founder and CEO of renewable energy start-up Advanced Microgrid Solutions, which was acquired by AES/Siemens in 2020. "I am extremely pleased to
As of July 23, 2024, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. National Fuel Gas Co. (NYSE:NFG) On July 12, Scotiabank analyst Cameron Bean maintained Nationa
Filters will provide iron and manganese treatment for groundwater in Wisconsin, Nevada and Washington cleaning water supply for a variety of communitiesLOS ANGELES, July 18, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("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.
75,000 acre-feet of water supply will support sustainable growth and groundwater recharge in the Mojave River Basin.LOS ANGELES and HESPERIA, Calif., June 10, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("Cadiz" or the "Company"), announced that on June 5th the Company signed a Letter of Intent ("LOI") to provide 75,000 acre-feet of water supply to the City of Hesperia as part of the Company's commitment to the "One Water" Initiative in San Bernardino County's Mojave River Basin.
Company's Critical Inflection Point Under Susan Kennedy's New Leadership Drives Expansion of Investor CommunicationsRecent Form 4 Filing Disclosed CEO's Purchase of Shares of CDZI to Align with ShareholdersLOS ANGELES, May 9, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI, CDZIP))))) ("Cadiz" or the "Company"), a California water solutions company, has engaged international investor relations specialists MZ Group ("MZ") to lead a comprehensive strategic investor relations and financial communications program across all key markets at a pivotal inflection point for the Company. Several key developments over the last six months demonstrate this inflection point including critical permitting and
Innovative "Solomon Hills" project will support 4,000 Central Coast working families near Vandenberg Space Force Base
Cadiz (NASDAQ:CDZI) reported quarterly losses of $(0.12) per share. This is a 20 percent increase over losses of $(0.15) per share from the same period last year. The company reported $684.00 thousand in sales this quarter. This is a 19.16 percent increase over sales of $574.00 thousand the same period last year.
Heerema to acquire $21.2 million Senior Secured Loan and provide the Company an additional $20 million to fund capital investments for revenue generation, operations and growth.
-SEC filing
LOS ANGELES, Sept. 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("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 $550.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (NASDAQ:CDZIP), will receive a cash dividend
LOS ANGELES, June 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("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. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (NASDAQ:CDZIP), will receive a cash dividend e
Company's Critical Inflection Point Under Susan Kennedy's New Leadership Drives Expansion of Investor Communications Recent Form 4 Filing Disclosed CEO's Purchase of Shares of CDZI to Align with Shareholders LOS ANGELES, May 9, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI, CDZIP))) ("Cadiz" or the "Company"), a California water solutions company, has engaged international investor relations specialists MZ Group ("MZ") to lead a comprehensive strategic investor relations and financial communications program across all key markets at a pivotal inflection point for the Company. Several key developments over the last six months demonstrate this inflection point including critical permitting and
LOS ANGELES, March 22, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("Cadiz," the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz'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 $550.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (NASDAQ:CDZIP), will receive a cash dividend equal to approximately $0.55 per depositary s
LOS ANGELES, Dec. 22, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI, NASDAQ:CDZIP) (the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz'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. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (NASDAQ:CDZIP), will receive a cash dividend equal to approximately $0.56 per depositary share.The dividend will be paid on January 15, 2024 to respective holders of record as of the close of business on
LOS ANGELES, Sept. 22, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("Cadiz," the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz'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 $550.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (NASDAQ:CDZIP), will receive a cash dividend equal to approximately $0.55 per depositary s
LOS ANGELES, June 23, 2023 /PRNewswire/ -- Cadiz Inc. (NASDAQ:CDZI) ("Cadiz", the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz'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. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (NASDAQ:CDZIP), will receive a cash dividend equal to approximately $0.56 per depositary sha
LOS ANGELES, March 24, 2023 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("Cadiz", the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz'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 $550.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (NASDAQ:CDZIP), will receive a cash dividend equal to approximately $0.55 per depositary s
LOS ANGELES, Dec. 23, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ:CDZI) ("Cadiz", the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz'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. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (NASDAQ:CDZIP), will receive a cash dividend equal to approximately $0.56 per depositary sha
LOS ANGELES, Sept. 23, 2022 /PRNewswire/ -- Cadiz Inc. (NASDAQ:CDZI) ("Cadiz", the "Company") today announced that its Board of Directors has declared the following cash dividend on Cadiz'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 $550.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (NASDAQ:CDZIP), will receive a cash dividend equal to approximately $0.55 per depositary sh
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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 2
LOS ANGELES, Nov. 4, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI), 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. The Company's largest equity shareholder, Heerema International Group Services SA ("Heerema"), participated in the Offering maintaining ownership of approx
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), 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. Rail lines, pipelines and interstate highways that intersect Cadiz Ranch will deliver g
Arsenic, iron and manganese filter systems to be delivered in 2025. LOS ANGELES, Oct. 22, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("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. The systems will be delivered in 2025. "Groundwater contamination is a growing global threat," said Susan Kennedy, Cadiz CEO and Board Chair. "The demand we've been seeing over the last f
Fortune 500 industry veteran Steve Green to drive business development aimed at growth LOS ANGELES, Sept. 27, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("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. Green brings decades of water industry experience including business development leadership for Fortune 500 water tech companies in North America. "With his extensive water industry experience,
LOS ANGELES, Sept. 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("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 $550.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a share of Series A Preferred Stock (NASDAQ:CDZIP), will receive a cash dividend
Rivera brings 25 years of senior management experience as the Company prepares to scale operations. LOS ANGELES, Sept. 19, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) (NASDAQ:CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today the appointment of Cathryn Rivera as Chief Operating Officer ("COO"), effective as of September 16, 2024. The Company began expanding the management team earlier this year with the appointment of CEO Susan Kennedy. As COO, Rivera is expected to lead the Company's operations in the execution phase of its groundbreaking groundwater banking project and scaling deployment of water treatment technologies to remove constituents such as
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) ("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. Susan Kennedy, Chairman and CEO of Cadiz, will deliver prepared remarks followed by a question-and-answer session. Interested investors and analysts may submit questions through 5:00pm ET on Wednesday, September 18, 2024 to CDZI@mz
NEW YORK, NY / ACCESSWIRE / August 15, 2024 / Cadiz, Inc. (NASDAQ:CDZI)(NASDAQ:CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced that management will present virtually at the Investor Summit Microcap Event on Tuesday, August 20, 2024. The Company will be available for 1-on-1 meetings throughout the day in addition to their presentation.Event: Q3 Investor SummitDate: August 20, 2024Presentation Time: 9:30 am ET Location: Webcast LinkThe theme is 50 micro-cap companies with a catalyst and/or strong performance in the current market.Take a deep dive with the best Investors in MicroCap.Live Q & AComplimentary to Qualified Investors. Please REGISTER HERE.Abo
Achieves important milestone following execution of fifth water supply delivery agreement in 2024 LOS ANGELES, Aug. 15, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ:CDZI) ("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.
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