Agrowing global population has spurred ever-growing demand for fresh water.. Seawater presents a huge potential to cater to the water demands of the world. This has spawned companies offering desalination solutions. With the technology becoming widely available, desalination plants now occupy a growing market. Companies within this list are leading innovation in desalination technologies.
Read More : Poll Finds Trump Would Crush Biden in 2024
This list has performed -4.87% over the past year. By comparison, S&P 500 is 16.97% over the same period. This list includes 55.56% of Utilities stocks, 22.22% of Industrials stocks, 11.11% of Consumer Cyclicals stocks, 11.11% of Consumer Non-Cyclicals stocks.
List performance is calculated using an equal-weight methodology. This list is generated by scanning the web and using our algorithms to surface potentially relevant securities to the topic. The list is intended to be educational and includes securities that may be suitable for a watchlist. It is not intended for investment or trading purposes. Microsoft does not recommend using the data and information provided as the basis for making any investment decision.
Read More : Free Covid Tests Are Coming. Here’s How to Get Yours.
AMERICAN WATER WORKS COMPANY, INC.
AWK. American Water Works Company, Inc. is a water and wastewater utility company. The Company’s primary business involves the ownership of utilities that provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers. It also operates other market-based businesses that provide water and wastewater services to the United States government on military installations, as well as municipalities. The Company operates its business primarily through one segment: the Regulated Businesses segment. The Regulated Businesses segment includes subsidiaries that provide water and wastewater services to customers in approximately 14 states. The Company’s utility operates in the states, such as Georgia, Hawaii, Indiana, Iowa, Kentucky, Maryland, Tennessee, Virginia and West Virginia. The Company’s utilities operate in approximately 1,600 communities. The Company also operates Wood Heights water and wastewater systems in Ray County.
American Water Works Company Inc. is -4.34% over the past month and -6.15% over the past year, underperforming the S&P 500 by -3.05% over the past month and -23.12% over the past year.
Read More : 7 best plants that grow back every year
ENERGY RECOVERY, INC.
ERII. Energy Recovery, Inc. designs and manufactures solutions that make industrial processes more sustainable. Its segments include Water and Emerging Technologies. The Water segment includes development, sales and support of the PX, Turbochargers and pumps used in seawater desalination and industrial wastewater activities. The Emerging Technologies segment includes development, sales and support of activities related to emerging technologies, such as the PX G1300 used in industrial and commercial refrigeration applications. Its solutions are marketed, sold in, or developed for, the fluid-flow and gas markets, such as seawater and industrial wastewater desalination, chemical processing and refrigeration systems, under the trademarks ERI, PX, Pressure Exchanger, PX Pressure Exchanger (PX), Ultra PX, PX G, PX G1300, PX PowerTrain, AT, and Aquabold. The PX Pressure Exchanger energy recovery device is a contributor to the advancement of the seawater reverse osmosis desalination (SWRO) process.
Energy Recovery Inc. is -21.58% over the past month and -10.05% over the past year, underperforming the S&P 500 by -20.30% over the past month and -27.03% over the past year.
Read More : 5 superfoods that can help with depression and boost your mood
THE YORK WATER COMPANY
YORW. The York Water Company is an investor-owned water utility in the United States. The Company’s primary business includes impounding, purifying to meet, or exceed safe drinking water standards, and distributing water. It also owns and operates three wastewater collection systems and eight wastewater collection and treatment systems. The Company operates within its franchised water and wastewater territory, which covers portions of approximately 54 municipalities within three counties in south-central Pennsylvania. It covers the areas of billing, payment procedures, dispute processing, terminations, service territory, and rate setting. The Company obtains the bulk of its water supply from both the South Branch and East Branch of the Codorus Creek. It has two reservoirs, Lake Williams and Lake Redman, which together hold up to approximately 2.2 billion gallons of water. Water service is supplied through the Company’s own distribution system.
Read More : 7 best small trees for a compact yard
York Water Co. is -6.90% over the past month and -7.85% over the past year, underperforming the S&P 500 by -5.61% over the past month and -24.83% over the past year.
CONSOLIDATED WATER CO. LTD.
CWCO. Consolidated Water Co. Ltd. is a Cayman Islands-based company that develops and operates advanced water supply and treatment plants and water distribution systems. Its retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island. Its bulk segment supplies potable water to government utilities in Grand Cayman and The Bahamas under long-term contracts. Its services segment designs, constructs and sells water infrastructure and provides management and operating services to third parties. Its manufacturing segment manufactures and services a wide range of custom and specialized water-related products applicable to commercial, municipal, and industrial water production, supply and treatment. It also manufactures and services a range of products and provides design, engineering, management, operating and other services applicable to commercial and municipal water production, supply and treatment, and industrial water and wastewater treatment.
Read More : Horoscope today: September 25, 2023 astrological predictions for your star sign
Consolidated Water Co Ltd. is +15.02% over the past month and +74.58% over the past year, outperforming the S&P 500 by +16.30% over the past month and +57.61% over the past year.
THE WALT DISNEY COMPANY
DIS. The Walt Disney Company is a worldwide entertainment company. The Company’s segments include Disney Media and Entertainment Distribution (DMED), and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the Company’s global film and episodic television content production and distribution activities. The Company’s DMED’s lines of business consists of Linear Networks, Direct-to-Consumer and Content Sales/Licensing. The Company’s DPEP segment business consists of sale of admissions to theme parks, the sale of food, beverage and merchandise at its theme parks and resorts, sales of cruise vacations, sales and rentals of vacation club properties, royalties from licensing its intellectual properties (IP) for use on consumer goods and the sale of branded merchandise. The Company’s Content Sales/Licensing business consist of selling film and episodic television content in the television and subscription video-on-demand (TV/SVOD) and home entertainment markets.
Walt Disney Co. is -1.48% over the past month and -18.34% over the past year, underperforming the S&P 500 by -0.19% over the past month and -35.31% over the past year.
