SJW Stock - SJW Corp.

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SJW Profile

SJW Group, through its subsidiaries, provides comprehensive water utility services across the United States. The company is involved in the production, purchase, storage, purification, distribution, and both wholesale and retail sale of water and wastewater services. Additionally, SJW Group offers non-tariffed services such as water system operations, maintenance agreements, antenna site leases, contracted services, and sewer operations for other water utilities. The company also provides a Linebacker protection plan for public drinking water customers in Connecticut and Maine. Its diverse water supply includes groundwater from wells, surface water from watershed runoff and diversion, reclaimed water, and imported water purchased from the Santa Clara Valley Water District.

SJW Group serves approximately 231,000 water connections, reaching about one million people in the cities of San Jose and Cupertino, as well as Campbell, Monte Sereno, Saratoga, and the Town of Los Gatos, along with adjacent unincorporated territories in Santa Clara County, California. The company also provides water services to around 140,000 connections, serving approximately 456,000 people across 81 municipalities in Connecticut and Maine, covering a service area of roughly 269 square miles. In Texas, SJW Group serves about 24,000 connections, reaching approximately 70,000 people in a 266-square-mile region between San Antonio and Austin. Additionally, the company manages around 3,000 wastewater connections in Southbury, Connecticut.

Beyond its water and wastewater operations, SJW Group owns undeveloped land in California and Tennessee and operates commercial buildings and warehouse properties in Tennessee. Originally known as SJW Corp., the company rebranded to SJW Group in November 2016 to reflect its broadened scope and operations. Founded in 1985 and headquartered in San Jose, California, SJW Group continues to expand its services and infrastructure to meet the needs of its diverse customer base.

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