$50 million investment in Mojave Groundwater Bank would be the largest investment in water infrastructure off tribal-lands by Native American Tribes in U.S. historyLOS ANGELES and WINDSOR, Calif., Nov. 25, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (the "Company" or "Cadiz") announced today that the Company and the Lytton Rancheria of California ("Lytton") have signed a Letter of Intent for Lytton to invest up to $50 million in the Company's groundwater banking project in the Mojave Desert ("Mojave Gro ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.09%. A quarter ago, it was expected that this renewable resource company would post a loss of $0.10 per share when it actually produced a loss of $0.15, delivering a surprise of -50%.Over the last four quarters, the company has n ...

水资源供应合作 - 2024年前三季度与多个公共供水系统达成协议，购买年供水量21275英亩 - 英尺，约占北方管道总容量（25000英亩 - 英尺）的85%[125] - 2024年10月宣布打算建立新实体（预计为有限合伙或有限责任公司），公共部门或非营利投资者作为有限合伙人参与，预计向新实体注资约4.01亿美元[129] - 新实体预计支付公司约5100万美元，公司保留49%的储水权[129] - 2024年10月30日与非营利投资基金达成意向书，该基金可能作为有限合伙人向新实体投资至多1.5亿美元[131] - 2024年11月10日达成协议，获得购买180英里现有36英寸钢管的独家选择权，初始付款500万美元[132] 营收与运营情况（按板块） - 2024年9月30日止三个月，土地和水资源板块营收38.3万美元，运营亏损528.6万美元；水过滤技术板块营收284.1万美元，运营利润51.9万美元[139] - 2023年9月30日止三个月，土地和水资源板块营收19.9万美元，运营亏损551.8万美元；水过滤技术板块营收16.9万美元，运营亏损24.1万美元[140] 营收与运营情况（综合） - 2024年9月30日止三个月营收320万美元，主要来自ATEC销售280万美元、苜蓿作物销售30万美元和农业租赁租金收入10万美元[142] - 2023年9月30日止三个月营收40万美元，主要来自ATEC销售20万美元、苜蓿作物销售10万美元和农业租赁租金收入10万美元[142] - 2024年9月30日止三个月净亏损680万美元，2023年同期净亏损690万美元[140] - 2024年9月30日止三个月销售成本为240万美元其中ATEC相关190万美元苜蓿作物收获相关50万美元2023年同期为70万美元[143] - 2024年9月30日止三个月不含股票薪酬的一般和管理费用为410万美元低于2023年同期的450万美元[144] - 2024年9月30日止九个月净亏损2250万美元低于2023年同期的2470万美元[146] - 2024年9月30日止九个月营收为490万美元高于2023年同期的130万美元[147] - 2024年9月30日止九个月销售成本为430万美元高于2023年同期的150万美元[149] - 2024年9月30日止九个月不含股票薪酬的一般和管理费用为1270万美元低于2023年同期的1320万美元[150] - 2024年9月30日止九个月股票和期权奖励的薪酬成本为360万美元高于2023年同期的110万美元[151] - 2024年9月30日止九个月净利息费用为590万美元高于2023年同期的360万美元[152] 融资情况 - 2024年11月5日向机构投资者发售700万股普通股总收益约2190万美元[158] - 2024年9月30日止九个月经营活动现金使用1530万美元投资活动现金使用50万美元融资活动现金提供1470万美元[169][170][171] - 2024年11月直接发售完成后净收益约2190万美元可满足短期营运资金需求[172] - 长期可能需筹集额外资金满足营运资金和资本支出需求[173] - 正在持续评估所需现金数量和筹集方式[175] - 可能通过多种方式满足未来现金需求包括股权或债务配售资产出售等[175] - 股权配售将尽量减少对现有股东的稀释影响[175] - 无法保证新融资的可用性和条款[175] - 流动性和融资能力受限可能对公司产生不利影响[175] - 充足流动性对资源开发活动至关重要[175] 资金使用规划 - ATEC运营预计将使用现有资本和2024年运营产生的现金利润来资助[172] - 未来资本支出取决于水利项目进展等[173]

Steel from terminated Keystone XL Pipeline Project to be repurposed for water delivery as Company prepares for construction of groundwater banking projectLOS 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 b ...

The market expects Cadiz (CDZI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, th ...

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 of ...

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 electricityLOS 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 ...

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. The systems will be delivered in 2025.  "Groundwater contamination is a growing global threat," said Susan Ken ...

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. Green brings decades of water industry experience including business development leadership for Fortune 500 water ...

文章核心观点 - 加利福尼亚水务公司Cadiz宣布向8.875%优先股股东派发现金股利 [1] - 每股优先股股利为550美元,每份存托凭证(代表1/1000股优先股)股利为0.55美元 [1] - 股利将于2024年10月15日支付给10月4日登记在册的股东 [1] 公司概况 - Cadiz公司成立于1983年,是一家专注于提供清洁、可靠和经济实惠的水资源解决方案的加州水务公司 [2] - 公司拥有45,000英亩土地、250万英亩-英尺的水资源供给、220英里管线资产,以及业内最具成本效益的水处理过滤技术 [2] - 公司致力于通过一系列水供给、储存、管线和处理解决方案来应对气候变化对清洁水资源获取的影响 [2] 免责声明 - 该新闻稿包含前瞻性陈述,受多种风险和不确定性因素的影响,未来实际结果可能与预期存在差异 [3] - 前瞻性陈述不构成对未来事件或结果的陈述,包括关于未来股利支付的预期 [3] - 投资者应参考公司在证券交易委员会的定期报告,了解相关风险因素 [3]