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Compare · CWT vs MSEX

CWT vs MSEX

Side-by-side comparison of California Water Service Group (CWT) and Middlesex Water Company (MSEX): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both CWT and MSEX operate in Water Supply (Utilities), so they compete in similar markets.
  • CWT is the larger of the two at $3.21B, about 1.8x MSEX ($1.75B).
  • MSEX has been more active in the news (5 items in the past 4 weeks vs 3 for CWT).
  • CWT has more recent analyst coverage (12 ratings vs 5 for MSEX).
MetricCWTMSEX
Company
California Water Service Group
Middlesex Water Company
Price
$46.43-2.30%
$53.41-1.69%
Market cap
$3.21B
$1.75B
1M return
+5.74%
-
1Y return
-6.33%
-
Industry
Water Supply
Water Supply
Exchange
NYSE
NASDAQ
IPO
News (4w)
3
5
Recent ratings
12
5
CWT

California Water Service Group

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. It is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company offers its services to approximately 492,600 customer connections in 100 California communities; approximately 5,300 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,600 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,500 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. It also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, the company offers wastewater collection and treatment services. California Water Service Group was founded in 1926 and is headquartered in San Jose, California.

MSEX

Middlesex Water Company

Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.

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