SJW NASDAQ

Operating across the United States, SJW Group, through its various subsidiaries, delivers essential water and wastewater utility services. Its operations encompass the full spectrum of water management, from sourcing and acquiring water supplies to their storage, purification, and subsequent distribution, including both wholesale and retail provision, alongside wastewater management services. Beyond its core utility offerings, SJW Group provides a range of non-regulated services. These include managing water system operations, undertaking maintenance contracts, and leasing antenna sites. It also offers specialized contracted services and manages sewer operations for other water utilities. Additionally, the company offers a unique "Linebacker protection plan" to its drinking water customers in Connecticut and Maine. The company utilizes a diverse portfolio of water sources. These include groundwater extracted from wells, surface water derived from watershed runoff and diversions, treated reclaimed water, and imported water acquired from the Santa Clara Valley Water District. SJW Group's extensive customer base spans multiple states. In California, the company serves approximately one million individuals through roughly 231,000 active connections. This extensive service area encompasses parts of San Jose and Cupertino, along with the cities of Campbell, Monte Sereno, Saratoga, and the Town of Los Gatos, plus surrounding unincorporated areas within Santa Clara County. Its operations further extend to Connecticut and Maine, where it supplies water to about 456,000 residents via 140,000 connections. This service covers 81 distinct municipalities across an area of approximately 269 square miles. Additionally, in the Texas corridor situated between San Antonio and Austin, SJW Group supports around 70,000 people through approximately 24,000 connections, covering about 266 square miles. Finally, its wastewater services cater to roughly 3,000 connections in Southbury, Connecticut. The company also holds significant real estate assets, including undeveloped land in both California and Tennessee, and manages commercial buildings and warehouse facilities within Tennessee. Established in 1985, the organization initially operated under the name SJW Corp. before rebranding as SJW Group in November 2016. Its corporate headquarters are located in San Jose, California.