Global Water Resources, Inc. (NASDAQ: GWRS) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “GWRS continues to be positioned for growth over the next several years. Permit activity supports 4%-5% organic connection growth. In addition, the recent equity offering reloads the balance sheet for continued infrastructure investment (rates) and opportunities for acquisitions. Finally, we anticipate a rate case filing by June 2020, which should add new rates to the income state potentially impacting 2H 21 and 2022. We believe GWRS is the fastest growing water utility in the US with the most operating leverage.”
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About Global Water Resources, Inc.
Global Water Resources, Inc. is a leading water resource management company that owns and operates 12 utilities which provide water, wastewater, and recycled water services. The company’s service areas are located primarily in growth corridors around metropolitan Phoenix. Global Water recycles nearly 1 billion gallons of water annually. The company has been recognized for its highly effective implementation of Total Water Management (TWM), an integrated approach to managing the entire water cycle by owning and operating water, wastewater and recycled water utilities within the same geographic area to maximize the beneficial use of recycled water. TWM conserves water by using the right water for the right use and helps protect water supplies in water-scarce areas experiencing population growth. To learn more, visit www.gwresources.com.
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