Pure Cycle NASDAQ: PCYO used its annual investor tour and fireside chat to emphasize the physical scale of its assets east of Denver, with Mark Harding focusing much of his commentary on the company's Lowry service area, Sky Ranch development and the timing of future residential and commercial cash flows.
Pure Cycle Corporation (PCYO) Analyst/Investor Day Transcript
Pure Cycle NASDAQ: PCYO reported what Chief Executive Officer Mark Harding called “very solid results” for its fiscal third quarter, citing revenue growth, accelerated lot development at its Sky Ranch project and stronger liquidity following earlier development spending.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 1 | $11 | $10.59 | -$0.41 | -3.73% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 255 | $2,954.9 | $2,709.37 | -$245.53 | -8.31% |
Joseph Castro Nuveen LLC | 42,756 | $447,654.88 | $456,420.3 | $8,765.42 | 1.96% |
Bobby Adusumilli SJS Investment Consulting Inc. | 3 | $30.18 | $32.19 | $2.01 | 6.66% |
| MC Mike Clark Cassady Schiller Wealth Management LLC | 81 | $1,027.08 | $868.72 | -$158.36 | -15.42% |
| Water Utilities Industry | Utilities Sector | Mark W. Harding CEO | NASDAQ (CM) Exchange | 746228303 CUSIP |
| US Country | 44 Employees | - Last Dividend | 26 Apr 2004 Last Split | 2 Jan 1997 IPO Date |
Pure Cycle Corporation is a key player in the water and wastewater management sector, based in Watkins, Colorado, USA. Established in 1976, the company focuses on the design, construction, operation, and maintenance of comprehensive water and wastewater systems primarily within the Denver metropolitan area and the broader Colorado Front Range. Pure Cycle operates through two main segments: Wholesale Water and Wastewater Services, and Land Development. Catering to a diverse client base, the company serves domestic, commercial, and industrial customers, primarily in the Eastern Denver metropolitan region. Through its extensive service offerings and strategic land development initiatives, Pure Cycle Corporation plays a pivotal role in supporting the region's water infrastructure and community development.
This service encompasses the large-scale provision of water through comprehensive processes including the production, storage, treatment, and distribution of potable water. Pure Cycle addresses the critical need for reliable water supply for various purposes, making it a crucial utility provider for the area's residential, commercial, and industrial sectors.
Pure Cycle provides essential wastewater management services, which involve the collection and treatment of wastewater to meet environmental and health standards. This service ensures that the community's wastewater is processed safely, thus contributing to the overall sanitation and public health of the region.
Through its Land Development segment, Pure Cycle is engaged in the development of a large-scale master-planned community. This project involves comprehensive planning and development activities aimed at creating a residential community that offers a high quality of life, with access to essential services and amenities. This initiative showcases Pure Cycle's commitment to enhancing community living standards through strategic land development.
Expanding beyond water and wastewater services, Pure Cycle also ventures into the oil and gas sector through its leasing business. This involves leasing land for oil and gas exploration and production, adding a diversified revenue stream to the company's portfolio and contributing to the energy sector.
As part of its land development projects, Pure Cycle engages in the construction and leasing of single-family homes. This service underscores the company’s role in addressing housing needs in its master-planned community, providing quality homes for families within the developed area.